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Labour

  • London’s ‘record low confidence’ blamed on Labour workers’ rights bill

    Economics

    London is suffering from record low business confidence due to Labour government’s Employment Rights Bill, an industry group has warned.  The London Chamber of Commerce and Industry said it recorded the lowest ever level of business confidence in its quarterly economic survey of 500 business chiefs across the capital.  The group warned that the “punitive” [...]

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  • FTSE 100 Live: Stocks fall as oil takes hit; YouTube, BBC strike deal

    Markets

    Good morning and welcome back to the City AM liveblog. How big of a win was yesterday for Rachel Reeves? The economy grew 0.3 per cent in November – faster than expected – as Jaguar Land Rover roared back to life following a costly cyberattack that halted supply chains across the UK. But while this [...]

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  • Robert Jenrick defects to Reform after sacking from ‘rotten’ Tories

    Politics

    Robert Jenrick has announced his defection to Reform UK after Tory leader Kemi Badenoch sacked him for plotting to switch over “in secret”. Hours after Badenoch announced Jenrick’s suspension from the Conservative Party, the former shadow justice secretary appeared in a press conference alongside Nigel Farage promoting the transfer. In a press conference he arrived [...]

    Nigel Farage and Robert Jenrick
  • Khan urges Reeves to bring back tax-free shopping

    January 15, 2026

    Mayor Sadiq Khan has called on Chancellor Rachel Reeves to bring back tax-free shopping for tourists to drive public revenue gains.  Khan has lobbied the Treasury to re-introduce VAT-free shopping for visitors more than four years after the previous Conservative government scrapped the perk.  Conservative City Hall member Thomas Turrell raised the issue of tourism [...]

  • FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound

    January 15, 2026

    Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]

  • Starmer to U-turn on mandatory digital ID

    January 14, 2026

    Sir Keir Starmer is expected to perform another U-turn by scrapping plans to make a national digital ID compulsory for all Brits.  After backtracking on a number of policies, from the farm tax to the end of winter fuel payments, the Prime Minister is set to reveal that the government will no longer make all [...]

  • Labour is leading Britain on an economic death march

    January 14, 2026

    Keir Starmer’s premiership looks to be over but, unlike great Labour leaders of the past, none of his possible replacements has a vision for growth, says Paul Ormerod To all intents and purposes, an election campaign for the position of leader of the Labour Party is currently underway. In fact, it has been for some [...]

  • Former OBR chair takes aim at Rachel Reeves’ fiscal rules 

    January 13, 2026

    The former chair of the Office for Budget Responsibility has taken aim at Chancellor Rachel Reeves’ fiscal rules, suggesting they prevent UK public finances from building enough “resilience”.  In his first public appearance since his resignation last month due to the leaked Budget, Richard Hughes said the current fiscal rules were “among the loosest” the [...]

  • Chinese embassy to get green light despite ‘threat to City’

    January 13, 2026

    The new Chinese embassy in London is set to get the green light from Keir Starmer this week, according to reports, amid fresh questions around security concerns were raised on Monday night.  The new mega embassy at the Royal Mint Court near the City of London is expected to get the Prime Minister’s sign-off ahead [...]

  • Nadhim Zahawi defects to Reform as polling lead extended

    January 12, 2026

    Former Chancellor Nadhim Zahawi has defected to Reform UK as fresh polling has shown the party extending its lead over Labour and the Tories.  Zahawi, a former ally of Boris Johnson who served as Chancellor for a matter of months, announced his high-profile defection in a press conference in Westminster on Monday.  Along with new [...]

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