London is expensive enough for tourists September 15, 2026 An overnight levy on top of the removal of VAT-free shopping is making London too expensive for tourists, writes Ros Morgan.
Global city rankings: London shines but appeal ‘hurt’ by cost of housing September 15, 2026 London’s ‘quality of life’ score has been dragged down by a housing affordability crisis as workers spend more as a share of their income on housing than residents of “nearly every city in the world”, a new report has found. The latest Global Cities Index by Oxford Economics found that Londoners’ financial wellbeing was hindered [...]
What does the British government think sanctions on Israel will achieve? September 14, 2026 Would it be highly cynical to suggest that Labour are changing Britain’s policy on Israel in search of domestic political advantage?
As it happened: FTSE 100 stocks led higher by software firms; oil at four-month high September 14, 2026 Welcome back to the City AM liveblog. The price of oil has smashed a four-month high following on from last week’s nine per cent rally. Brent crude – the international benchmark for oil prices – rose towards $108 per barrel on Monday morning following the news that Saudi Arabia had shut a major crude pipeline [...]
Reform hits back at Tory plan to ‘abolish inheritance tax’ September 13, 2026 The Conservatives and Reform UK have clashed over plans to abolish inheritance tax as Kemi Badenoch prepares to put tax cuts at the heart of her pitch to voters. Badenoch is considering pledging to scrap inheritance tax if the Tories win the next general election, with the policy potentially forming the centrepiece of her party [...]
Rayner warns Reform’s £72m crypto windfall could be caught by new donor rules September 13, 2026 Angela Rayner has warned Reform UK that its record £72m fundraising haul from two cryptocurrency billionaires could be caught by retrospective rules being pushed through parliament. The housing secretary said new restrictions on political donations from Britons living abroad, or those who have recently returned to the UK, would be backdated as ministers seek to [...]
Burnham eyes youth minimum wage rethink as jobs crisis bites September 13, 2026 Andy Burnham’s government is considering slowing planned minimum wage rises for young workers amid concerns that higher employment costs are making businesses more reluctant to hire them. Downing Street and the Treasury are examining whether the rapid increase in wages for under-21s has contributed to Britain’s youth jobs crisis, Bloomberg first reported, as ministers prepare [...]
UK economy grew unexpectedly after Burnham took over as Prime Minister September 11, 2026 The UK economy had surprise growth in the month Andy Burnham became Prime Minister. Official figures from the Office for National Statistics (ONS) have revealed GDP expanded 0.4 per cent in July, racing ahead of City economists’ forecast of zero growth. This was led by 0.4 per cent growth in the UK’s mammoth services sector, [...]
Surge in borrowing costs could force Healey to deliver ‘emergency Budget’ September 10, 2026 Surging government bond yields could force John Healey to deliver an “emergency Budget” in which the UK’s new Chancellor drives through a wave of spending cuts in a bid to bear down on Britain’s ballooning debt pile. UK gilt yields have this week surged to the highest rates seen in decades amid rising uncertainty over [...]
Our debt addiction can only end in tears September 10, 2026 In December 2009, ratings agency Fitch downgraded Greek sovereign debt from A- to BBB+ following a dramatic few weeks in which the state of the country’s public finances were laid bare. By February, riot police in Athens were firing stun grenades and tear gas as they struggled to maintain public order. What followed was years [...]