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Labour

  • Burnham’s ‘costly’ policy agenda sparks investor nerves

    October 1, 2026

    Andy Burnham’s “costly” policy agenda and the resurgent threat of inflation are weighing on investors’ appetite for the UK, according to a closely-watched survey of top money managers, which also revealed waning hopes of a rebound in London’s IPO market this year. Berenberg’s Investor Barometer, which polled 300 international investors managing a combined $1 trillion, [...]

  • James Cleverly: I will fight Labour’s anti-London ‘mansion tax’

    October 1, 2026

    London will be hit the hardest if Andy Burnham lowers the threshold for the ‘mansion tax’ to £1.5m – which only gets you a flat or an ordinary terraced house in many parts of the capital, says James Cleverly Andy Burnham’s Family Homes Tax is yet another attack on London. Last year, Rachel Reeves announced [...]

  • As it happened: FTSE 100 rocked by global bound rout; Oil back over $100

    October 1, 2026

    Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more

  • Why Burnham’s housing revolution won’t work

    October 1, 2026

    Despite giving a passionate defence of everything home ownership can give to a family, Burnham’s actual policies do alarmingly little.

  • The huge costs facing Andy Burnham – and the financial tightrope he must walk

    October 1, 2026

    Andy Burnham said he didn’t set out to deliver a “tub-thumping conference speech” but it was packed with huge pledges to take control over utilities and expand the state. Maurício Alencar considers just how costly his promises are in the long term – and in the next month. Andy Burnham had all the goodies for [...]

  • Andrew Griffith: Burnham’s only belief is that the state knows best

    September 30, 2026

    Andy Burnham has offered up a ten-year plan for socialism. Conservatives would do things differently, says Andrew Griffith I sat down to watch Andy Burnham’s conference speech on Tuesday with trepidation but a genuine interest in what he was going to lay out for people who create jobs, take risks in starting their own businesses [...]

  • Burnham grid shake-up offers data centres escape from power queue

    September 30, 2026

    Britain’s data centre developers could be handed a new route around years-long waits for electricity under Andy Burnham’s plan to open up the power grid to competition. The prime minister unveiled Great British Grid (GB Grid) on Tuesday, a publicly owned arm of Great British Energy that will aim to challenge existing network operators and [...]

  • Exclusive: Mayors can use tourist tax to ramp up borrowing, Burnham tells business

    September 30, 2026

    Andy Burnham has looked to justify his new uncapped “tourist tax” to business chiefs by claiming it will allow mayors to ramp up borrowing, City AM understands. In various meetings at Labour’s Business Day, top business groups were told by ministers the so-called overnight stay levy will let mayors take on more debt and use [...]

  • Burnham sets out his socialist stall and business barely gets a mention

    September 30, 2026

    We were told to expect a speech that would leave no room for doubt about what Andy Burnham believes in, and we got one. There might not be much detail yet about how the Burnham Revolution will unfold but there is no ambiguity, either. The Prime Minister painted a vision of what this country could [...]

  • Reform UK and Tories attack Burnham’s triple lock pension move

    September 29, 2026

    Reform UK and Tory leaders have hit out at Andy Burnham’s plans to drop the triple lock on pensions in a future Labour manifesto, setting up a clash on a policy which previously had the backing of all major political parties. On Tuesday, the Prime Minister said he would lead his party on a pledge [...]

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