‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Are Brexit Britain and Carney’s Canada a dream match? June 17, 2025 As Carney balances political principles with market realities, post-tariff Canada could learn from Brexit Britain, writes Michael Martins.
Britain can’t afford to spend £24,000 on every adult June 17, 2025 The UK is on track to spend £1.5 trillion per year, with much of the increase driven by debt interest, health and welfare costs, says Emma Revell Back in 2021, my colleagues at the Centre for Policy Studies think tank published an extraordinary briefing. It showed that by 2025/26, the British state was set to [...]
84 per cent of Brits want Iran blocked from developing nuclear weapons June 16, 2025 A huge 84 per cent of Brits say that Iran should be stopped from developing nuclear weapons, with 44 per cent supporting UK military efforts to intervene, according to polling from think tank More in Common. The overwhelming strength of public concern and the relative backing of intervention is at odds with Sir Keir Starmer’s [...]
Business rates to hammer the West End: ‘This whole policy is nuts’ June 16, 2025 A rise in business rates for more expensive properties is set to hammer valuable areas like London’s West End, a leading investment firm has warned. The policy, which aims to bring down business rates for small properties by raising them for large properties, has been slammed as “unlikely to save the high street” and likely [...]
Israel-Iran conflict to dominate G7 meeting as Starmer calls for restraint June 16, 2025 The escalating conflict between Israel and Iran is likely to be high on the agenda as world leaders gather in Canada on Monday. Sir Keir Starmer said that the G7 meeting in Alberta would provide an opportunity for allies to make the case for de-escalation in the “fast moving” situation in the Middle East, with President Trump [...]
High street banks ramp up SME lending to highest since 2022 June 16, 2025 High street banks are scaling up their lending to small businesses, with the first quarter of 2022 hitting the highest amount since 2022. Lenders issued £4.6bn worth of loans in the first three months of the year marking a 14 per cent year-on-year jump. The rise was driven by a surge of lending to agriculture, [...]
Lammy set for further talks with counterparts as Iran and Israel exchange fire June 14, 2025 David Lammy is expected to spend the day in talks with counterparts across the Middle East after Iran launched retaliatory attacks against Israel overnight. The Foreign Secretary will be briefed by officials on Saturday and will speak to figures in the Middle East and elsewhere. It comes after conversations with representatives from Iran, Jordan and [...]
Free Thinking: Mel Stride on Farage’s ‘fantasy’ economics and why Tories are different June 13, 2025 City AM's Opinion and Features Editor sits down with Shadow Chancellor Mel Stride for a very special episode of Free Thinking.
Starmer calls Israeli strikes ‘concerning’ June 13, 2025 Prime Minister Keir Starmer condemned Israel’s attack on Iran’s nuclear programme. In what the Israeli Defence Forces called a “preemptive attack,” 200 fighter jets struck 100 targets, including Iran’s main nuclear enrichment facility, according to Israel. The PM called reports of strikes “concerning,” calling for Israel and Iran to “step back and reduce tensions urgently.” [...]
Oil prices surge after Israel attacks Iran June 13, 2025 Oil prices spiked by more than nine per cent following Israeli strikes targeting Iran’s nuclear programme, in the most dramatic jump in more than three years. Meanwhile, the price of gold hit $3,427 – up 1.2 per cent during Asian trading hours. Israel launched strikes on Tehran early on Friday, rekindling fears of a full-scale [...]