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      Reeves says diplomacy is ‘best economy policy’ as UK tax burden to mount

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Labour Party

  • Peter Mandelson handed back £1.3m from consulting firm he founded

    January 8, 2026

    A consulting firm founded by Peter Mandelson handed back £1.3m to the House of Lords peer prior to his departure from the business, the firm’s latest accounts reveal. Global Counsel, a London-based public policy consultancy launched by Mandelson in 2016, had been lent £1m by the disgraced politician with interest paid “at commercial rates,” white [...]

  • Badenoch accuses Starmer of lying as Abramovich row erupts

    January 8, 2026

    Kemi Badenoch has accused Keir Starmer of lying about her shadow attorney general Lord Wolfson amid a furious row about funds in Roman Abramovich’s frozen bank account designated for Ukraine.  Starmer took aim at Lord Wolfson, who has recused himself from offering the Tory leader advice on Ukraine and Russia due to his own legal [...]

  • Labour MP Callum Anderson: Securing Starmer’s visit to London Stock Exchange took months

    January 8, 2026

    We dig into the memory bank of the City's great and good. Today, it's Labour MP and former London Stock Exchange adviser Callum Anderson.

  • Starmer summons business chiefs to join China trip 

    January 7, 2026

    Downing Street officials are asking business leaders to join Keir Starmer on a visit to China later this month, it has been reported, amid tensions over the approval of its mega embassy near the City of London.  The government is still looking to gather new business representatives to accompany Starmer to Beijing despite some concerns [...]

  • Construction marks full year of decline in blow to Labour

    January 7, 2026

    The construction sector has now marked one full year of a decline in output, according to a leading survey, blowing a hole in Labour’s ambitious housebuilding targets. S&P Global’s monthly survey showed the sector had fallen under a threshold for neutrality in output for the twelfth successive month.  The reading for December was also the [...]

  • London Luton Airport says investment at risk due to Labour’s taxes

    January 7, 2026

    A £2.5bn proposal to expand one of London’s top airports is facing fresh challenges amid rising tax burdens, as the aviation sector feels the pain of Rachel Reeves’ business rates raid. The owner of Luton Airport, Labour-run Luton Council, had put together plans to build a new terminal and increase capacity from 18m to 32m [...]

  • Reform announces Laila Cunningham will run for London Mayor 

    January 7, 2026

    Nigel Farage’s Reform UK has announced that Westminster City councillor Laila Cunningham will stand as its candidate to be the Mayor of London in 2028. In a press conference on Wednesday morning, Farage said Cunningham would also lead Reform’s local campaigns in London ahead of crucial council elections in May. During her speech, she criticised [...]

  • The Debate: Should we bring back Saturday jobs?

    January 7, 2026

    Employment tsar Alan Milburn says the decline of the Saturday job has left young people ill-prepared for work, but is it true?

  • Angela Rayner in Downing Street tops banker fears

    January 7, 2026

    Angela Rayner taking to Downing Street poses one of the top risks to the banking sector heading into 2026, top analysts have warned.  The former Deputy Prime Minister and darling of the Labour left is among names tipped to take the top job as Sir Keir Starmer fights to save his premiership amid all-time favourability [...]

  • British savers are moving further away from financial security

    January 6, 2026

    The average UK adult is thousands of pounds away from feeling financially secure, as more people struggle to bolster their savings. British adults are more than £16,000 away from achieving their financial ‘safety net’, according to analysis from money app Plum. Savers believe they need roughly £40,300 in their savings in order to quash their [...]

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