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Labour Party

  • Sack Streeting, cabinet ministers urge Starmer

    January 17, 2026

    Sir Keir Starmer has faced calls from cabinet ministers to follow Kemi Badenoch’s playbook and sack health secretary Wes Streeting for disloyalty. Ministers are becoming increasingly frustrated about Streeting’s forthright public criticisms of the Labour party, with some privately accusing him of putting his leadership ambitions first and “attacking No 10”. One cabinet minister told [...]

  • UK growth spurt due to ‘payback for earlier weaknesses’

    January 16, 2026

    The UK economy’s growth spurt in November was just a recovery from “earlier weakness” after hits to Jaguar Land Rover’s production lines and “ongoing” problems with data calculations” weighted on earlier readings, top analysts have warned.  Data published on Thursday morning showed the UK economy inched up 0.3 per cent in November despite expectations of [...]

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

    January 16, 2026

    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” [...]

  • UK economy grows more than expected but remains ‘fundamentally weak’

    January 16, 2026

    The UK economy grew more than expected in November last year but remained “fundamentally weak”, official data has shown, reflecting businesses’ nerves about Rachel Reeves’ Budget measures.  New Office for National Statistics (ONS) figures showed growth in the UK economy inching up. Business analysts warned over several months that pre-Budget speculation had dampened spending and [...]

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

    January 16, 2026

    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 [...]

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

    January 15, 2026

    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 [...]

  • 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 [...]

  • 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 [...]

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