Reeves told City at ‘critical juncture’ after claims of golden age January 25, 2026 Rachel Reeves has been handed a firm warning that Britain’s financial ecosystem is facing a “critical juncture” even after the Chancellor touted a “golden age” of opportunity for the City. The Chancellor faces a call to action following a report from lobby group TheCityUK and Big Four consultancy giant PwC revealing the “hard truth” that [...]
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 [...]
Burnham launches bid to stand as Labour MP in by-election January 24, 2026 Andy Burnham has confirmed he will run to stand as a candidate for Labour in the Gorton and Denton by-election after Andrew Gwynne resigned as an MP. The Manchester Mayor’s application to stand as a candidate now gives senior Labour figures a fresh headache given his openness around his leadership ambitions. He has already received [...]
Rayner to back Burnham’s Westminster bid January 24, 2026 Labour MPs will gather amid speculation that Andy Burnham could seek to stand for a Westminster by-election and challenge the Prime Minister’s authority, with former deputy prime minister Angela Rayner expected to support the Manchester Mayor’s potential bid to become an MP. The conference of Labour’s north-west England MPs will see former deputy prime minister [...]
IoD boss joins criticism of Peter Kyle’s U-turn on Audit reform January 23, 2026 The bosses of the Institute of Directors (IoD) and the Chartered Institute of Internal Auditors are among some City leaders hitting back against the government’s U-turn on the Audit Bill. In a scathing open letter to the Business Secretary, Peter Kyle, the leaders called the move “a significant step backwards, particularly after the commitment made [...]
Climate minister: We can’t tackle the climate crisis without the City January 23, 2026 As climate minister, I want to work with people who can actually deliver real change, which is why I need the City, writes Katie White.
Private sector bounces back but Reeves leaves hospitality reeling January 23, 2026 The UK’s private sector expanded at the fastest rate in nearly two years in the first month of 2026 but the reeling hospitality sector was still feeling the crunch from Labour policy. The latest Flash Purchasing Managers Index (PMI) from S&P Global showed a major uptick in the all-important services sector, which is often seen [...]
Consumer confidence has been negative for 10 years January 23, 2026 Consumer confidence inched up slightly this month despite remaining in negative territory, a leading survey has indicated, indicating a degree of “resilience” despite a decade of consumer pessimism. The overall index score on GfK’s closely monitored consumer confidence survey rose by one point while feelings about personal finances over the next 12 months edged [...]
Where does Britain stand in the New World Order? January 22, 2026 A new world order has been declared and described by Canada’s Mark Carney. Is he right, and if so, is there room in it for Britain? Davos, that alpine gathering of the great and the good, is normally a predictably dull affair. To give you a flavour of its worthiness, consider the formal title for [...]
Nigel Farage: Reform will tax the banks even if they don’t like it January 22, 2026 Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]