With not much else to offer, Reeves pitches ‘stable’ UK to Davos elite January 21, 2026 The Canadian PM and former governor of the Bank of England, Mark Carney, told an audience at Davos yesterday that “the old order is not coming back,” and that “there’s been a rupture in the world.” He said the structures we took for granted have been replaced by “a system of intensifying great power rivalry [...]
FTSE 100 and Wall St sink as EU and Trump war of words heats up January 20, 2026 The war of words between the Trump administration and Europe ramped up on Tuesday as world leaders headed for a showdown in Davos whilst global markets sunk into the red. Ursula Von der Leyen, the president of the European Commission, said the tariffs imposed on European nations due to their staunch defence of Greenland’s sovereignty [...]
FTSE 100 Live: Stocks fall as Trump ramps up pressure; Unemployment at four-year high January 20, 2026 Good morning and welcome back to the City AM liveblog. Thousands more Brits exited the jobs market in November as the estimated number of payrolled employees fell by 33,000. New figures from the Office for National Statistics (ONS) showed the UK unemployment rate for people aged 16 years and hit 5.1 per cent in September [...]
Small businesses ditch green agenda as ‘survival’ becomes priority January 20, 2026 Small businesses are ditching green finance initiatives as “ensuring survival” becomes a bigger focus for firms amid the pressures of rising costs. The latest business growth tracker from Natwest showed prioritising of sustainability was at an all time low among small and medium-sized enterprises (SMEs) by the end of 2025. Just 30 per cent of [...]
Reeves to overhaul visa system for talented migrants in Davos pitch January 20, 2026 Chancellor Rachel Reeves is set to talk up new visa schemes aimed at highly-skilled migrants working in tech in a pitch to business leaders and top researchers gathered at Davos. Reeves is set to talk up the Labour government’s new immigration policies as she hopes to get the attention of some of the world’s richest [...]
Farage to ‘have some words’ with Trump over ‘hurtful’ UK trade threats January 19, 2026 Nigel Farage has attacked President Trump for his tariff threats against the UK, adding that he would be “having some words” with US administration officials during meetings in Davos on Wednesday. In a statement the Reform UK leader said threats against the UK were “not the kind of thing we would expect”. It is the [...]
Rachel Reeves is acting like the mayor in Jaws – and small businesses are suffering January 19, 2026 The FTSE may be at an all-time high, but Reeves should not pretend all is calm when the waters are extremely choppy for small businesses, says Andrew Griffith Embattled ministers love good news to boast about on social media or in a TV studio, and this government’s most embattled minister, Rachel Reeves, is no exception. [...]
IMF: UK economy to lag behind growth of advanced economies January 19, 2026 The UK economy is set to grow at a slower pace than the average across advanced economies in each of the next two years, the International Monetary Fund (IMF) has said, in a warning on the Labour government’s ability competitiveness against world powers. The IMF has kept its UK growth figures for 2026 and 2027 [...]
FTSE 100 Live: Gold soars as Trump’s tariffs threaten trade war January 19, 2026 Good morning and welcome back to the City AM liveblog. It might be a new year but it’s the same issues controlling the global markets. The FTSE 100 closed last week one per cent higher than it started at 10,235.29p. But this came around 24 hours prior to President Donald Trump’s fresh tariff attack on [...]
UK economy ‘languishing’ behind peers as living standards stagnate January 19, 2026 The Labour government risks leaving the UK economy falling further behind major trading partners, left-leaning economists have warned, as they urged Rachel Reeves to ramp up growth plans ahead of crucial meetings in Davos this week. A new report by the Resolution Foundation, the think tank where several current Treasury ministers brainstormed policies before becoming [...]