Keir Starmer unveils ‘Brit card’ to tackle illegal migration September 26, 2025 The UK government will introduce a mandatory digital ID card – labelled the ‘Brit card’ – in a bid to make Whitehall more efficient and take control of illegal work by some migrants as Keir Starmer said the country had to take on “the politics of predatory grievance”. The Prime Minister announced plans on Friday [...]
Brits get poorer amid high inflation and soaring taxes September 25, 2025 British families saw their incomes drop in real terms last year when household sizes are taken into account, official data has shown, with high inflation and tax demands squeezing people’s finances. The Office for National Statistics has revealed that equivalised original income for UK households dropped by £1,400 in real terms because salaries did not [...]
Watch: Is the UK at risk of recession? September 25, 2025 We were told this would be the most pro-business government in the history of the country – so why have a gang of top chief executives this week fired warning shots at the Treasury – and why has one of them warned that we’re heading into a recession? It wasn’t supposed to be like this. [...]
UK fintechs send rallying cry as industry slips in global ranking September 25, 2025 UK fintech leaders have sent a rallying call to policymakers after the sector slipped in global rankings. A host of industry bigwigs have told City AM the government must be bolder in growth-orientated reforms to bolster the sector’s standing against rivals. It comes after Z/Yen’s 38th Global Financial Centres Index showed the UK’s fintech sector [...]
Budget: Tax hikes loom for Britain’s wealthiest September 25, 2025 Wealthy Brits are bracing themselves for a raft of tax rises in the looming Autumn Budget, prompting many to scramble to protect their wealth. According to the latest Saltus wealth index, nearly 80 per cent of high net work wealthy individuals (HNWIs) expect Labour to impose further tax rises in the next 12 months. While [...]
Manufacturing sector warned: Employment claims set to soar under new Rights Bill September 25, 2025 Manufacturing businesses are grappling with a rising tide of Employment Tribunal claims, driven by economic pressures, which are set to become even more challenging under the Employment Rights Bill. A new report from law firm Birketts, shared exclusively with City AM, reveals that manufacturing businesses faced an average of 39.44 tribunal claims over the past [...]
Will the Labour party survive its conference? September 25, 2025 The left, just like the right, is a broad but unhappy church – will its internal rifts reach breaking point at Labour’s upcoming conference in Liverpool? Asks Helen Thomas This Sunday, Liverpool plays host to the Labour Party conference, where the party’s competing wings will jostle under the harsh glare of the government spotlight. Just [...]
A competent Chancellor would break Britain’s high tax, high spend doom loop September 25, 2025 Economic alarm bells are blaring, but Rachel Reeves has stuck her fingers in her ears, says shadow chancellor Mel Stride Britain’s economy is on the brink. We’re set for the highest inflation in the G7; unemployment is at a four-year high; and GDP growth is pitiful – in July it was literally zero. Meanwhile, borrowing [...]
London hot on New York’s heels as financial centre race ramps up September 25, 2025 London is now within a whisker of ousting New York as the world’s leading financial hub, fresh rankings reveal, but risks remain over the capital’s fintech prospects. The City was chomping at the heels of the Big Apple with just a singular rating point between the two. New York once more topped the rankings in [...]
Government urged to amend the Pension Schemes Bill September 24, 2025 The Association of Investment Companies, (AIC) has voiced its frustration at the incoming Pension Schemes Bill failing to include investment companies. The bill aims to strengthen pension investment by giving government powers to push schemes to invest a percentage of their portfolio in private assets. However, in the drafted legislation which is passing through the [...]