Starmer abandons key welfare reforms July 1, 2025 Keir Starmer has suffered a crushing blow to his authority after rebel Labour MPs forced him to effectively abandon his flagship welfare reform proposals after chaotic scenes in the House of Commons. Just 90 minutes before the vote, and several hours into a heated debate, the government announced it was pulling a key measure of [...]
Badenoch: Welfare ‘fudge’ driven by ‘panic not principle’ July 1, 2025 Kemi Badenoch has branded Labour’s welfare reforms a “fudge” that will fail to curb the government’s spiralling welfare bill on health and disability benefits. MPs are set to vote on work and pensions secretary Liz Kendall’s welfare bill aimed at getting more inactive Brits back into the national workforce by changing eligibility for personal independence [...]
National Wealth Fund boss calls for public finance consolidation July 1, 2025 The boss of Labour’s National Wealth Fund has urged the government to remain open to consolidation of public finance institutions in a bid to ease confusion for the private sector. In a hearing on Tuesday, the chief executive of the National Wealth Fund (NWF) John Flint told MPs he would “encourage” the Treasury “not to [...]
How to solve the UK’s non-dom conundrum July 1, 2025 After industry experts poured cold water on Reform’s ‘Britannia Card’, and amid rumours the Chancellor is examining options to row back on elements of her non-dom reforms, Ali Lyon asks what policies might be on the table – and whether they will work. As Nigel Farage stepped up to a mundane-looking podium in a stuffy [...]
Why can’t Keir Starmer lead? July 1, 2025 Later this week, Keir Starmer will celebrate the one year anniversary of his thumping election victory. Although he constantly tells journalists that he “doesn’t do” self reflection, if he does choose to recognise this political milestone he’ll surely be unnerved to consider that it’s less a case of “look how much we’ve achieved” and more [...]
Can Kemi Badenoch woo the City? July 1, 2025 The Conservative leader sits down with City AM’s City editor, Simon Hunt. The Labour government is gearing up for an anniversary. On 5 July, the party will have completed its first full year in office since it was kicked out in 2010. Having won last summer’s general election with a thumping majority of 411, Sir [...]
Exclusive: Kemi Badenoch makes her pitch to the City July 1, 2025 Kemi Badenoch has apologised to the business community for any trust lost under previous Tory governments, insisting that “the Conservative party is the natural party of business.” The Tory leader said “I’m sorry if at any time over the last 14 years we did not seem like that,” adding that hers is now “the only [...]
Disposable income per head slumps despite economic growth June 30, 2025 The Office for National Statistics left growth figures for the UK economy at 0.7 per cent in the first three months of the year unrevised on Monday. Official data from the ONS showed quarter one’s growth was led by a 1.3 per cent increase in the production sector. Services and construction jumped 0.7 per cent [...]
Rayner urged to reform landlord fees in Renters’ Rights Bill June 30, 2025 Deputy Prime Minister Angela Rayner has been urged to reform high landlords’ fees in the upcoming Renters’ Rights Bill to help balance the market. In a letter to the Housing Secretary, lettings and property management agent Hello Neighbour said that landlords were being charged £2bn in London alone in “excessive fees”. These fees are related to exit [...]
Private sector braced for sharp decline, CBI warns June 30, 2025 Private sector businesses across the country are braced for a sharp decline in activity in the next three months, the UK’s largest industry body has warned, as Chancellor Rachel Reeves struggles to reverse low business confidence trends. Reeves may have hoped that the industrial strategy, plans on infrastructure investment and pension reforms aimed at boosting [...]