Watch: We’ll regret granting this embassy to hostile China January 15, 2026 Is China our enemy or our ally? Is it an adversary or a partner? The trading relationship is huge, but so are the security risks. In the City, China means big business. Last year the UK exported £30bn worth of goods and services to China while we bought £70bn worth from them. But we exported [...]
Starmer in dire straits as British voters pessimistic on almost every issue January 15, 2026 Leaders rarely fail because of a single decision. Starmer's problem is that voters are pessimistic on almost every major measure.
Sadiq Khan: AI could bring ‘mass unemployment’ to London January 15, 2026 Sadiq Khan has warned that AI could become a “weapon of mass destruction” for jobs across London unless the government takes proactive action to ease its impact on work. The London Mayor said AI’s impact on the capital city will be “nothing short of colossal” over the coming years. In a Mansion House speech to [...]
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 [...]
‘We’re turning the country around’: U-turns put pressure on defiant Starmer January 14, 2026 Keir Starmer attempted to justify a string of policy U-turns on everything from business rates to the mandatory digital ID, claiming the Labour government was “turning the country around”. In an awkward Prime Minister’s Questions on Wednesday, opposition leader Kemi Badenoch grilled Starmer on recent U-turns, which prove tricky for MPs and strategists to explain [...]
Reeves confirms ‘temporary support’ for pubs amid row over misleading claims January 14, 2026 Rachel Reeves has confirmed “temporary support” for pubs in a climbdown over the business rates row, as a chief tax official claimed the Treasury was warned about the damaging impact of tax reforms after ministers claimed they had been in the dark about the changes. The Chancellor confirmed on Wednesday that she will roll out [...]
‘Ambition and delivery are not aligned’ – Starmer’s AI Action Plan, one year on January 14, 2026 Exactly a year ago, Keir Starmer, with the help of Matt Clifford, promised to “mainline AI into the veins” of the UK’s economy. The so-called AI Opportunities Action Plan, a 50-point blueprint unveiled in January 2025, was meant to turn that rhetoric into results, placing the UK on equal footings with the likes of China [...]
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 [...]
EU banking rules could ‘choke investment’ from booming City January 14, 2026 The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
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 [...]