‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade January 30, 2026 A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]
Starmer: Businesses ‘cry out’ for more trade with China January 29, 2026 Keir Starmer has said businesses are “crying out for ways” to export to Chinese markets as he struck a new deal for British travellers. After meeting President Xi Jinping in China, Starmer defended his government’s ambitions to boost relations with the world’s second largest economy despite questions over security threats posed by state-backed spies and [...]
Labour urged to rethink donor incentives for museums amid non-dom exodus January 29, 2026 The exodus of non-doms from the UK is having a knock-on effect on philanthropy, with museums now urging the government to bring back generous donors. Museums, such as the British Museum and Tate Modern, acquire expensive, world-class paintings primarily through a mix of public funding, major grants from organisations and private philanthropy. However, with the [...]
The Capitalist: Pub landlord swaps pints for paint in fight against Labour January 29, 2026 A pub landlord gets creative, Linkedin tells us their secrets and a new sewer-side spot; catch up with the latest gossip in The Capitalist.
FTSE 100 Live: Miners lead stock rally; Pound holds onto gains January 29, 2026 Good morning and welcome back to the City AM liveblog. Is President Donald Trump trying to devalue the dollar? That’s the question many in the City and across global markets were asking yesterday after Trump referred to the dollar dropping 1.3 per cent against a basket of currencies as “great”. The President’s triggered another 0.2 [...]
Exclusive: Starmer’s opponents receive largest donations in parliament January 29, 2026 Keir Starmer’s fiercest opponents have received the largest sums of cash donations since the General Election, City AM analysis has shown, as moves to weaken the Labour leader’s dominance in Westminster attract financial backing. The Prime Minister has faced intense criticism from all sides of the House of Commons in his first year and a [...]
Professional services firms facing ‘polycrisis of confidence’ January 28, 2026 A major study of C-suite attitudes among professional services firms has revealed a complicated landscape of increasing AI use, growth fears, worries about cash flow and concerns over staff motivation. According to the Managing Partners Forum Winter 2025 Quarterly, shared exclusively with City AM, all firms surveyed have integrated Gen AI into their daily operations, but [...]
High Court grants urgent hearing on Labour’s inheritance tax overhaul January 28, 2026 The High Court has green-lit an urgent hearing at the High Court over the government’s inheritance tax raid on agricultural assets and family firms. The proposed changes to agricultural property relief (APR) and business property relief (BPR) represent one of the biggest shifts in UK inheritance tax (IHT) policy in decades, following the government’s initial [...]
Starmer warned on ‘severe’ risk of trading with China January 28, 2026 Keir Starmer has been warned about the “severe” risk of trading with China as he said building economic relations with the world’s second largest economy would drive growth. The Prime Minister landed in Beijing on Wednesday for meetings with Chinese officials including President Xi Jinping in the coming days. He has been joined by City [...]
Public finance bodies need more clarity, says boss of Reeves’ wealth fund January 28, 2026 The boss of Rachel Reeves’ flagship wealth fund has admitted British entrepreneurs want more clarity across public finance bodies as concerns rise over the growing number of institutions. Former RBS boss Oliver Holbourn, who the Chancellor appointed last July to lead the National Wealth Fund (NWF), said “people want more confidence in who they’re going [...]