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Rishi Sunak

  • Rishi Sunak rejoins Goldman Sachs as an adviser

    Politics

    Former Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior adviser, adding to post-government roles he holds while still sitting as an MP.  Sunak worked at Goldman Sachs as a summer intern in 2000 and as an analyst between 2001 and 2004, which was his first full-time job.  He moved into politics in [...]

  • Indian minister: Brits better off flying to India than relying on NHS

    Politics

    India’s commerce minister has said that there are instances where Brits would be better off hopping on a flight to India than braving NHS treatment.  In a discussion with Science Museum chief Sir Ian Blatchford at the India Global Forum (IGF) conference, Piyush Goyal said the UK should be more open to cooperation with India [...]

  • HS2: Transport secretary confirms two-year delay after ‘shambolic mess’

    Transport and infrastructure

    Transport secretary Heidi Alexander has confirmed that HS2 will be delayed by at least two years, slamming previous handling of the project as an “appalling” and “shambolic mess”.  The embattled high-speed rail link will be pushed back beyond 2033 following a “litany of failures” outlined in two reports by HS2 boss Mark Wild and KPMG’s [...]

  • Rachel Reeves mulls inheritance tax U-turn as non-doms flee

    June 17, 2025

    Rachel Reeves is reportedly mulling over changes to inheritance tax (IHT) on non-doms for assets held around the world, as pressure has ramped up from the City. That’s according to a report in the Financial Times, with “tweaks” to current rules to stem the UK’s haemorrhaging of non-doms.  This potential U-turn follows pressure on the [...]

  • Free Thinking: Mel Stride on Farage’s ‘fantasy’ economics and why Tories are different

    June 13, 2025

    City AM's Opinion and Features Editor sits down with Shadow Chancellor Mel Stride for a very special episode of Free Thinking.

  • Conservatives vow to end oil and gas windfall tax 

    June 12, 2025

    Kemi Badenoch will call for an end to the oil and gas windfall tax, in addition to scrapping Labour’s ban on new oil and gas licences, as she seeks to bolster her pro-growth credentials.  The Tory leader is expected to announce her party will be “standing up for our oil and gas industry,” in an [...]

  • Migrant daily arrivals top 1,000 for first time this year

    June 1, 2025

    More than 1,100 migrants arrived in the UK after crossing the English Channel on Saturday, the highest number recorded on a single day so far this year. The latest Home Office figures show that 1,194 migrants arrived in 18 boats, bringing the provisional annual total so far to 14,811. This is 42 per cent higher [...]

  • UK net migration almost halves in 2024

    May 22, 2025

    Net migration was cut in half in 2024 as 431,000 people arrived in the UK, official data has shown, suggesting Tory-era policies have had some of their desired effects.  The Office for National Statistics (ONS) said fewer people arrived on work and study-related visas while an increase in Brits leaving the UK also reduced net [...]

  • Former Tory MP among 15 facing charges related to election gambling

    April 14, 2025

    Former Tory MP Craig Williams is one of 15 people who have been charged after bets were placed on the timing of the 2024 general election, the Gambling Commission has revealed. Williams was among a number of people linked to the Conservative Party reported to have made bets on the election date, which was called [...]

  • Spring Statement 2025: Rachel Reeves’ popularity nears Kwasi Kwarteng levels 

    March 28, 2025

    Rachel Reeves’ popularity rating as Chancellor has neared Kwasi Kwarteng levels after the mini-Budget, following the Spring Statement on Wednesday. She set out £14bn in welfare and spending cuts in the House of Commons, including a £4.8bn squeeze on benefits, to restore the £9.9bn headroom she had at the Autumn Budget, which would otherwise have [...]

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