Analysis: Why Reeves faces political pressure over the Spring Statement March 25, 2025 Over the next 24 hours, Rachel Reeves will be putting the finishing touches to Wednesday’s Spring Statement. It marks her second fiscal event as Chancellor, and – despite the promised manifesto commitment of “one major fiscal event a year” – the economic backdrop, and wider political pressure, makes it hard to see the contents of [...]
UK consumer confidence is tanking warns KPMG March 25, 2025 Three in five Brits believe the UK economy is worsening, a new survey by KPMG has shown, as Chancellor Rachel Reeves’ Spring Statement risks failing to lift people’s spirits. Reeves is set to announce policies aimed at economic business confidence at her Spring Statement on Wednesday but a new survey suggests consumers are increasingly downbeat [...]
Heathrow fire ‘not believed suspicious’ but under Met counter-terror probe March 24, 2025 The cause of the fire which shut down Heathrow Airport is “not believed to be suspicious” but is under investigation by the Met Police counter-terrorism squad, a minister has said. Transport secretary Heidi Alexander updated MPs on the “unprecedented” power outage which shut Britain’s busiest airport over the weekend in the House of Commons on [...]
Spring Statement won’t ‘alter basics’, Starmer insists, amid tax cuts reports March 24, 2025 The Spring Statement this week will not “alter the basics” of public spending plans, Sir Keir Starmer has insisted.
Editor’s Interview: Charles Tyrwhitt founder – ‘No point whinging about the government’ March 24, 2025 The founder of Charles Tyrwhitt, Nick Wheeler, has told City AM that there’s “no point whinging about what the government are doing or not doing, because they’re not going to change,” adding “I’ve got to get on and make my own decisions.” His comments came during an interview with City AM in which he lamented [...]
Whatever business you want to do, do it in London March 24, 2025 The Prime Minister is right to focus on regulating for growth, not just to prevent risk, but this must be complemented by a change in mindset for British businesses, says Alastair King It was heartening to read the Prime Minister’s recent column in City AM on the government’s commitment to cut the cost of regulation [...]
‘Nothing off the table’ over possible troop deployment for Kyiv, No10 says March 22, 2025 Western military planning to enforce a potential ceasefire in Ukraine is set to intensify in London next week as No10 said “nothing is off the table” over possible troop deployment for Kyiv. No10 said “thousands” of personnel would be required to support any operation whether by “sea, on land or in the air” as allies [...]
Free Thinking: Is Keir Starmer or Kemi Badenoch the real Margaret Thatcher? March 21, 2025 In this episode of Free Thinking, City AM Opinion and Features Editor is asking what Margaret Thatcher would make of Keir Starmer’s plans to cut red tape for businesses.
PM’s spokesperson cannot confirm Heathrow will reopen by Saturday March 21, 2025 In a multi-agency call convened by the government on the ongoing Heathrow closure, Downing Street could not say with confidence that the airport will reopen at midnight – though power has reportedly been restored to Terminal 4. The West London airport has been shut for the whole of Friday following a nearby electrical fire at [...]
Chancellor’s £40bn tax raid blamed for manufacturing slump March 21, 2025 Manufacturing has seen a faster fall in output at the beginning of this year as Chancellor Rachel Reeves’ £40bn tax raid means businesses are “conserving funds”, research by the Confederation of British Industry (CBI) suggests. The sector is seen as crucial to the Labour government’s growth plans as it pushes for a rise in technology [...]