Healey rejects calls to equalise capital gains and income tax rates October 13, 2026 Chancellor John Healey has reportedly rejected calls by senior Labour figures to raise capital gains tax to the same levels as income tax, after warnings that an increase would harm Britain’s appeal to investors. Several senior cabinet ministers have in recent months called for capital gains tax (CGT) to be equalised with income tax in [...]
Burnham speaks with all the confidence of a mayor but without the gravitas of a Prime Minister October 13, 2026 Andy Burnham earned his spurs as a great communicator on the back of a few summer TikToks, but is the shine coming off just a couple of months into the new job? While some people still appreciate the supposedly down to earth ‘tell it like it is’ approach, there can be no denying that the [...]
Most voters – and Londoners – back third runway at Heathrow October 13, 2026 Almost half of the British electorate back a third runway at Heathrow airport, with Londoners among the biggest supporters, according to fresh research. City AM/Freshwater Strategy polling has shown that 46 per cent of voters support a new runway at Heathrow. The data revealed that 20 per cent opposed the expansion, while 32 per cent [...]
UK economy to suffer second-highest inflation in G7 October 13, 2026 The UK economy will suffer the second highest inflation of any G7 country over the next two years, the International Monetary Fund has warned, putting Chancellor John Healey’s efforts to ease the cost of living at risk. In its latest report published today, the global finance body has said that inflation will remain above the [...]
‘Economic anaesthetic’ of welfare spending dwarfed capital investment by £1.1 trillion October 12, 2026 Spending on benefits for working-age people dwarfed investment in key infrastructure such as schools and trains by £1.1 trillion between 2006 and 2025, new research has found. The Centre for Social Justice said that spending on disability support and other forms of welfare racked up to £1.1 trillion more than capital expenditure in the same [...]
Brexit U-turn? Burnham says he is taking ‘pragmatic’ approach on EU October 12, 2026 Prime Minister Andy Burnham has said he will take a “pragmatic” approach to boosting relations with the European Union just a fortnight after he suggested he could explore a full return to the world’s largest economic bloc. Burnham told MPs on Monday that a summit with EU leaders would take place on 20 November, where [...]
‘Moral hazard’ – Lawyers warn SFO whistleblowing rewards could backfire October 12, 2026 The UK government has launched a consultation on reforming whistleblowing laws, seeking to give the Serious Fraud Office (SFO) powers to reward individuals who report economic crime, a move experts view with scepticism. On Monday, business secretary Jonathan Reynolds and minister for the future of work, Kate Dearden, revealed the government’s plans for a “whistleblowing [...]
Triple lock reform and scrapping IHT: Voters give thumbs up to Labour and Tory policies October 12, 2026 Andy Burnham’s pledge to reform the state pension triple lock and Kemi Badenoch’s plan to scrap inheritance taxes on family homes have both received a stamp of approval from voters, new polling has shown. The latest City AM/Freshwater Strategy poll of UK voters showed that the British public back the major policies announced by the [...]
Number 10 launches aviation charm offensive after Burnham third runway remarks October 10, 2026 Andy Burnham’s Downing Street operation has been privately reassuring members of the aviation sector of its support for Heathrow’s third runway expansion, despite the Prime Minister refusing to give the megaproject his backing in a string of media appearances over Labour party conference. City AM understands that Number 10 has been trying to patch up [...]
Burnham to clamp down on ‘unfair’ non-compete clauses October 9, 2026 Andy Burnham is expected to launch a crackdown on lengthy notice periods and non-compete clauses in employment contracts in a bid to free up the jobs market for highly skilled workers. In a speech later today, the Prime Minister will announce plans to tackle a proliferation of strict employment conditions, which force staff to give [...]