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Labour

  • Markets stay steady as City braces for Labour victory

    July 1, 2024

    As election day creeps ever closer, the City is bracing itself for a Labour victory, even as markets stay sanguine at the idea of a change in government.

  • UK economy ‘turning a corner’ as global growth slows, says KPMG

    July 1, 2024

    Falling inflation and and an uptick in consumer confidence will help the UK economy to a better than expected growth over the next two years as global growth is set to slow, according to a report published today.

  • Banks, homebuilders and retailers in focus as London markets brace for Labour election victory

    June 30, 2024

    The UK general election is in focus this week as investors brace for a widely expected Labour landslide that could share price moves across the FTSE 100.

  • Tata and unions in eleventh hour talks over early Port Talbot closure

    June 30, 2024

    The company enraged unions last week after it revealed plans to bring forward the closure of its blast furnaces in south Wales due to strikes.

  • Election 2024: Former Tory donor backs Farage’s Reform UK

    June 27, 2024

    Sir John Hall, former Newcastle football club owner, has backed Reform UK, despite having donated more than £500,000 to the Conservative Party.

  • Labour: Revisiting EU membership risks instability for UK firms

    June 27, 2024

    British businesses would suffer from the instability that revisiting arguments around the UK's membership of the European Union or Customs Union would cause, Labour's spokesperson for Business has said.

  • Shein, trade and tax: Labour and Tories clash on business

    June 27, 2024

    City A.M.'s Charlie Conchie and Jess Frank-Keyes unpick the election business debate between Kemi Badenoch and Jonathan Reynolds.

  • General Election 2024: Can Labour really hit net zero?

    June 27, 2024

    With the election just one week away, Labour’s pledge to “make Britain a clean energy superpower” has sparked a debate on whether or not their net zero scheme is actually achievable.  Sir Keir Starmer revealed that Labour’s transition team is considering setting up an office for Net Zero, should they win the election, in order [...]

  • Labour candidate’s failed FX firm held £2.7m for company embroiled in bribery scandal

    June 27, 2024

    The collapsed foreign exchange (FX) firm owned by Labour candidate and former deputy mayor of London, Rajesh Agrawal, was holding millions of pounds in cash for a Maltese company linked with a bribery scheme, City A.M. can reveal.

  • Square Mile and Me – Labour City candidate Rachel Blake: Only Labour can remove the chaotic Tories

    June 27, 2024

    We’re asking the candidates for the Cities of London and Westminster to introduce themselves. Today, Labour's Rachel Blake gives her pitch.

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