Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Insurance
      • Square Mile and me
      • Tech
      • Legal
      • Banking
      • Property
      • Retail
      • Crypto
      • Transport
    • From our partners
      • AON
      • Tottenham Hotspur Stadium
      • Eastern City BID
      • London Stansted Airport
      • YourCause from Blackbaud
      • Inside Saudi
      • Central London Alliance CIC
    • Featured

      Boss of King Charles property portfolio in talks with old firm for slice of HS2 Euston

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Channel 4 and TNT Sports sign Adobe FA Cup broadcast deal

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Inside new City of London summer festival with free events throughout July

      Submit a story

      Tell us your story.

      Submit
  • Personal Finance
  • CityAM Awards
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

Public Accounts Committee

  • Parliament warns against extending Premiership Rugby Covid-19 loans

    A top parliamentary committee has insisted Premiership Rugby clubs who are “financially unviable five years post-pandemic” should not have their Covid-19 loans extended. The damning report from the Public Accounts Committee – an influential group of backbench MPs who probe state spending – singled out the process in which £124m of loans funded by the [...]

  • Exclusive: Top transport civil servant who oversaw HS2 to step down

    Transport and infrastructure

    Dame Bernadette Kelly, the top civil servant at the Department for Transport (DfT), is to step down after nearly eight years in the role. A Whitehall veteran with four decades of experience, Kelly was appointed permanent secretary in April 2017 following a stint as director general of the DfT’s rail group. She led work on [...]

  • HS2 is beyond saving and poses risk to UK’s reputation, MPs conclude

    Transport and infrastructure

    HS2 is beyond saving and must be studied by future governments as a “cautionary tale” on how “not to run a major project,” a cross-party group of MPs has concluded. In one of its most damming-ever reports, the Public Accounts Committee (PAC) said it was “long past the point” of offering recommendations on how to [...]

  • Tax evasion likely ‘far higher’ than HMRC estimates

    February 12, 2025

    The true scale of tax evasion is likely far higher than HMRC estimates, with the department “not sufficiently curious” about solving the problem, a government committee has said. The UK tax gap was £5.5bn in the 2022-23 financial year, equivalent to around 0.7 per cent of all taxes owed and considerably lower than similar economies. [...]

  • DCMS issue insolvency threat to rugby clubs over Covid-19 loans

    February 10, 2025

    Rugby clubs have been warned after the Department of Culture, Media and Sport (DCMS) said it “wouldn’t hesitate” to use “all financial levers” available to recover loan payments owed by sports organisations from the pandemic. Those powers could see the government department aid in forcing insolvency on sports clubs to ensure the taxpayer recoups the [...]

Trending Articles

  • M&S to make £100m cyber claim from Allianz and Beazley

  • Exclusive: JP Morgan's City of London office vandalised

  • Salford Red Devils hit with winding-up by tax authorities

  • How Steven Bartlett's first Dragons' Den investment collapsed

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Opinion
  • Life&Style
  • Personal Finance
  • Got a story?
  • The Punter
  • City AM Curated
  • Wine
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2025 City AM Limited