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Labour

  • Starmer serves up his best and empty platitudes

    May 11, 2026

    If today’s relaunch-not-relaunch buys Keir Starmer any additional time in Downing Street, it will only be due to the extraordinary fecklessness of his would-be challengers, none of whom has anything significant to say about change either, says Eliot Wilson Is Sir Keir Starmer all right? There is a reason I ask. At last week’s local [...]

  • Starmer to nationalise British Steel in bid to save premiership

    May 11, 2026

    Keir Starmer has promised to nationalise British Steel and prioritise closer ties with the European Union in a make or break speech to save his premiership after a bruising set of local election results. Speaking after a weekend of frenzied speculation on his future in Number 10 Downing Street, the Prime Minister rejected calls for [...]

  • UK borrowing costs storm past five per cent after Starmer warns of ‘chaos’ if ousted

    May 11, 2026

    UK government borrowing costs have stormed higher following an attempt from Prime Minister Sir Keir Starmer to shore up support after a disastrous local election result. The yield on 10-year gilts rose nearly 10 basis points to over five per cent for the second time in mere weeks. It comes after Starmer sought to defy [...]

  • Bring back Burnham now!

    May 11, 2026

    Voters have sent the clearest possible message that they are sick of the Starmer government. Andy Burnham is the only man who can make Labour popular again, says John McTernan The verdict is in. The country has had enough of this Labour government. The election results could not have been any starker. The SNP returned [...]

  • As it happened – Starmer fights for premiership in make-or-break speech

    May 11, 2026

    Welcome back to the City AM liveblog. Sir Keir Starmer will deliver a speech to the nation this morning as rivals circle whilst his premiership hangs in the balance. The Prime Minister is expected to set out his response to the disastrous local elections, where Labour lost 1,496 seats. The losses came as Nigel Farage’s [...]

  • 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 [...]

  • 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 [...]

  • 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 [...]

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