IMF downgrade Reeves is gaslighting voters on energy crisis April 15, 2026 Rachel Reeves is set to urge other countries to “follow her plan” for the energy crisis, but international analysts expect Britain to perform the worst among comparable nations thanks to decisions she has made, says Alys Denby The war in Iran has come at the worst possible time for a government already struggling to command [...]
Reform UK lead slips as Labour jumps after Iran war criticism April 15, 2026 Reform UK’s polling lead slipped in April as Sir Keir Starmer’s criticism of the war in Iran helped mount a slight comeback, fresh data has shown. Reform UK remained top of the party rankings for voter intentions in new research by City AM/Freshwater Strategy. Nigel Farage’s party lost four points in April as around 26 [...]
IMF slaps UK with biggest growth downgrade of any G7 country April 14, 2026 The UK economy has suffered the biggest growth forecast downgrade of any country in the G7 in the International Monetary Fund’s spring economic outlook report, dealing a blow to Chancellor Rachel Reeves as she struggles to overcome setbacks sparked by the Iran war. Growth this year was revised down by 0.5 percentage points as trade [...]
‘Vandalism’: Reeves and Starmer slammed over defence spending April 14, 2026 Rachel Reeves and Sir Keir Starmer have been slammed for a failure to provide defence with a substantial cash injection as a former Nato secretary general said an “ever-expanding welfare budget” would not keep the UK secure. Downing Street has come under fire for its delay in setting out a clear timeline for an uplift [...]
FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins April 14, 2026 Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]
Labour will regret opening up SMEs to trade unions April 14, 2026 Forcing all companies to allow their staff to unionise will cost SMEs £600m a year, says James Price You would be forgiven for thinking that war in the Middle East, war in Europe, energy price shocks, or perhaps an AI so powerful that its own maker refuses to release it would be the primary candidates [...]
Tax fears mount: Most Brits unhappy with Labour over energy price rise April 14, 2026 The majority of Britons are unhappy with the Labour government’s response to the energy price jump sparked by the Iran war, new polling has found, as voters believe that Chancellor Rachel Reeves will turn to tax rises to keep public finances on a stable footing. Fresh City AM/Freshwater Strategy polling has found that 52 per [...]
Starmer fears ‘untold damage’ to UK economy from Iran war April 13, 2026 Sir Keir Starmer has warned that the impacts of the Iran war will be “significant” as he insisted the government’s central position was to stay out of the conflict. Starmer told MPs on Monday that the main war in Iran, which lasted over a month before a ceasefire was announced last week, had already harmed [...]
Keir Starmer: Bypass law for EU single market in UK’s ‘best interest’ April 13, 2026 Sir Keir Starmer has said Labour’s effort to allow the UK government to adopt new EU single market rules without parliamentary approval was in the “UK’s best interest”. Fresh legislation to be presented after May is set to allow the government to adopt EU single market rules without amendments from MPs. Parliamentarians would be able [...]
‘Mortgage mayhem’: Deal lifespans hit record low as interest rate cut hopes dim April 13, 2026 Borrowers have been left in a “mortgage maze” after lenders frantically pulled deals due to the unfolding crisis in the Middle East leading to the lowest average shelf-life on record. The average mortgage was on the market for just eight days in March – the lowest since records began in November 2011. This marks a [...]