Burnham to announce new publicly-owned grid operator Politics Andy Burnham is expected to announce a new publicly-owned body which will invest in the UK’s electricity grid in an attempt to bring down Britain’s sky-high energy costs. The Prime Minister is tipped to unveil Great British Grid, which will speed up connections to the grid by driving up competition for projects, during his Labour [...]
As it happened: FTSE 100 rebounds as oil drops back on hopes of Hormuz deal FTSE 100 Live Welcome back to City AM’s FTSE 100 live blog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines on Friday morning: The liveblog has ended.No liveblog updates yet. Load more
‘Bond market meltdown’: UK borrowing costs highest since 1998 as Starmer fights for survival Politics Warnings of a “bond market meltdown” flashed through the City on Tuesday after government borrowing costs soared as pressure mounted on Sir Keir Starmer’s future in Downing Street. For weeks, City investors have been on high alert as fears mounted that a mass rebellion would be triggered after devastating local election results. Traders fear the [...]
London local elections 2026: Who will win in Waltham Forest? May 6, 2026 After wrestling over Waltham Forest since the borough was created, Labour and the Conservatives now face a new threat from the Greens. The Conservatives and Labour have played pass the parcel with Waltham Forest since its inception in 1965. Control of the borough has switched as much as eight times since its formation in 1965, [...]
‘No need to take action’ on fuel duty, says Labour minister March 29, 2026 A Labour cabinet minister has pushed back against rallying calls for the government to hand petrol retailers some reprieve, stating there is “no need” to axe the planned hike in fuel duty. Education secretary Bridget Bridget Phillipson said on Sunday the government would “take a view closer to the time” on whether to press ahead [...]
Starmer’s chief of staff Morgan McSweeney resigns over Mandelson appointment February 8, 2026 The chief of staff to Prime Minister Sir Keir Starmer has resigned following mounting criticism over the appointment of Peter Mandelson to the US ambassadorship. Morgan McSweeney – who succeeded Sue Gray to the post in October 2024 – said the decision to nominate Lord Mandelson as ambassador to the US was “wrong” and he [...]
Labour erupts into civil war after Starmer allies block Burnham’s by-election bid January 25, 2026 The Labour party was thrown into a civil war on Sunday after a group of Keir Starmer’s closest allies on the ruling committee blocked Andy Burnham from standing in the forthcoming by-election in the North West. Labour’s National Executive Committee (NEC) voted in an eight to one ruling against Burnham on Sunday meaning the metro [...]
Labour ruling committee block Andy Burnham from by-election race January 25, 2026 Andy Burnham has been blocked from running as the Labour candidate in the forthcoming by-election in the North West. The Manchester Mayor lodged his request for selection in the Gorton and Denton race on Saturday following Andrew Gwynne announcing his intention to step down. Speculation had mounted Burnham would face opposition from Labour’s governing body [...]
FTSE 100 Live: Budget hits hiring market as economy feels pinch December 15, 2025 Good morning and welcome back to the City AM liveblog. On Friday, the Labour government’s mission for economic growth proved to be not just sluggish but in free fall. The latest figures published by the Office for National Statistics (ONS) dealt another blow to Rachel Reeves as new data showed production output shrank 0.5 per [...]
Liz Kendall wraps cyberflashing into Online Safety Act September 29, 2025 Social media giants will be forced to crack down on cyberflashing under new duties to be announced by technology secretary Liz Kendall at the Labour Party conference. The move will see unsolicited nude images and videos classified as a “priority offence” under the Online Safety Act, placing strict new obligations on platforms to detect and [...]