Gordon Brown returns to government as Starmer shrugs off resignation calls May 9, 2026 Former Prime Minister Gordon Brown has returned to government in a new role as Sir Keir Starmer has scrambled to save his premiership amid discontent among Labour MPs. Brown will serve as the government’s special envoy for global finance. He will likely be tasked with sorting finance for defence ahead of the publication of the [...]
London local election results LIVE: Brown returns as Labour bruised in five-party split May 9, 2026 Good morning and welcome back to the City AM liveblog. Former Prime Minister Gordon Brown has returned to support Sir Keir Starmer’s premiership as a special envoy for global finance. The appointment was made after bruising election results across the country, particularly in Wales and Scotland where Labour lost control. Starmer resisted calls for his [...]
UK borrowing costs waver as Starmer insists he will not ‘walk away’ May 8, 2026 Government borrowing costs – which are reflected in changes in gilt yields – have edged lower as City traders were calmed by Sir Keir Starmer’s insistence that he would not “walk away”. Gilts were the best performing government bonds out of any G7 nation on Friday morning as 10-year yields dropped by around eight basis [...]
Brent Hoberman: We need a ‘British dream’ – and more talented immigrants May 7, 2026 The UK needs to welcome many more business founders from abroad to rejuvenate the economy, one of Britain’s best-known entrepreneurs has said, as he issued a rallying cry to renew faith in the future of the country. In a wide-ranging speech at the City AM Awards ceremony at the Guildhall last night, Brent Hoberman, who [...]
Tony Travers: London local election result could trigger housebuilding slump May 7, 2026 The result of the forthcoming local elections could trigger a further slump in housebuilding in the capital as a shake-up in council composition obstructs development plans. Voters head to the polls in every London borough today, with polling suggesting Labour is on course to shed dozens of seats and lose its grip on the capital, [...]
Local elections 2026: City awaits ‘significant’ event for Labour leadership May 7, 2026 City giants have warned today’s local elections will be “significant” for market pricing, with traders keeping a close eye on possible leadership moves made by the likes of Angela Rayner and Andy Burnham. Several financial behemoths have lined up to warn investors that results across the country over the coming days could be unusually important [...]
London local election results 2026: Labour lose Westminster as Tories take control May 6, 2026 CLICK HERE to view all the latest London election results The Conservatives have gained Westminster City Council from Labour after losing in 2022. The Tories pinched nine seats from Labour, who slumped to 22. No surprise now that, as earlier reported, the atmosphere among Tory campaigners in Westminster was jubilant. CLICK HERE to view all the latest [...]
London local elections 2026: Who will win in Southwark? May 6, 2026 CLICK HERE to view all the latest London election results A divided borough may end up under no overall control, with Lib Dems faring well in the prosperous north, while social housing heartlands stick with Labour, which has struggled with local infighting and defections to the Greens. From the vantage point of the Shard, at [...]
London local elections 2026: Who will win in Richmond upon Thames? May 6, 2026 Boasting the best quality of life in London, the Lib Dems are dominant and Ed Davey hopes to strengthen control of the borough. But a back-to-basics campaign from the Greens and high taxes are also on the agenda. Richmond, a borough of leafy avenues, stunning nature and quaint pubs is as close to an ideal [...]
London local elections 2026: Who will win Redbridge? May 6, 2026 A rise in support of Nigel Farage’s Reform will be tested in the north of a borough dominated elsewhere by Labour which faces its own fight from the left. Results will be closely watched by Wes Streeting, whose parliamentary constituency is on the patch. Redbridge is a complex constituency. Labour is battling the Greens to [...]