Goldman Sachs to host Badenoch for City charm offensive Banking Kemi Badenoch will step up her business charm offensive after the Budget with a roundtable hosted by Wall Street giant Goldman Sachs, City AM can reveal. The Tory leader will co-host a lunch for founders, investors and chief executives from across the UK alongside Goldman Sachs International’s chief executive, Anthony Gutman, City AM understands. The [...]
UK banks could unleash cash buffers to spur economy, says top Bank of England regulator Banking UK banks are holding excessively large “rainy-day funds” that could instead be deployed to boost economic activity, according to a top regulator at the Bank of England. David Bailey, executive director of Prudential Policy at the Bank of England, told City AM the watchdog had kicked off talks with international peers over how to simplify [...]
Tories to warn Burnham on ‘bending to left’ on bank tax raid Banking Kemi Badenoch is expected to fire a bank tax warning shot to the Labour government on Thursday during a visit to Edinburgh. The Conservatives will warn Andy Burnham against “bending the knee to left-wing backbenchers and trade union paymasters,” as the pre-Budget debate heats up. It follows the banking sector swinging into defence mode ahead [...]
Burnham denies Man City chiefs raised Premier League charges October 14, 2026 Prime Minister Andy Burnham has denied Manchester City representatives raised the Premier League charges against the club during his past meetings with them. The former Mayor of Manchester was forced to address accusations that he had fudged the truth after reports this week suggested meetings with senior Manchester City figures, notably chairman Khaldoon Al Mubarak, [...]
Dispatch from David Cameron’s 60th bash: Party talk turns to politics October 14, 2026 Should Andy Burnham call a snap election? Emily Sheffield reports from the political tittle tattle field of David Cameron's 60th party.
Triple lock reform and scrapping IHT: Voters give thumbs up to Labour and Tory policies October 12, 2026 Andy Burnham’s pledge to reform the state pension triple lock and Kemi Badenoch’s plan to scrap inheritance taxes on family homes have both received a stamp of approval from voters, new polling has shown. The latest City AM/Freshwater Strategy poll of UK voters showed that the British public back the major policies announced by the [...]
Badenoch’s inheritance tax gamble October 8, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon chews over Kemi Badenoch’s Tory conference inheritance tax overhaul, and what it might mean for the UK’s irrational tax system. Sign up to the [...]
Badenoch puts Tories on difficult path to the right destination October 8, 2026 Party conference season has come to an end, having barely registered for most voters beyond an extra dose of politics on the news and in their feeds. Party leaders always have to balance two audiences: their supporters in the hall and the sceptics at home. As a new Prime Minister, Andy Burnham’s conference speech was [...]
Badenoch vows to end inheritance tax on family homes October 7, 2026 Kemi Badenoch has announced that the Tories will scrap inheritance taxes on family homes if the party is elected. In her main address to party members at the Conservatives’ conference, she said the Conservatives would restore “common sense” as political leaders enter a “battle for the soul of this nation”. The new pledge on inheritance [...]
Will anyone turn Badenoch’s looming battle into a tapestry? October 7, 2026 The Tory party has been enjoying itself in Birmingham, not least thanks to the delightful wheeze of mocking up the Bayeux Tapestry to tell the story of British politics under Labour’s first two years in power. The exhibition may well prove to be among the most popular offerings at the party conference; behind Jeremy Clarkson [...]