FTSE 100 Live: Starmer unease rattles markets; Big tech sell-off February 6, 2026 Good morning and welcome back to the City AM liveblog. Speculation over Keir Starmer’s future has unleashed a fresh round of market unease as investors dumped the pound, UK equities and long-dated government bonds amid rising political uncertainty. The gulf in price between the UK’s short- and long-term debt – known as the yield curve – reached [...]
Starmer future speculation sparks sell-off in long-dated bonds and pound February 5, 2026 Speculation over Keir Starmer’s future has unleashed a fresh round of market unease, with investors dumping the pound, UK equities and long-dated government bonds amid the political uncertainty. The gulf in price between the UK’s short- and long-term debt – known as the yield curve – reached its highest since 2018, in a sign investors [...]
Starmer apologises to Epstein victims over Mandelson role as Badenoch calls on PM to quit February 5, 2026 Keir Starmer has vowed to stay on as Prime Minister, denying knowing the “depth and darkness” of Peter Mandelson’s relationship with Jeffrey Epstein when he appointed the disgraced politician as US ambassador. Speaking at an event in east Sussex, the Prime Minister apologised to Epstein’s victims saying he was “sorry for having believed Mandelson’s lies [...]
Criminal investigation launched into Mandelson’s Downing Street ‘leaks’ February 3, 2026 A criminal investigation has been launched into Peter Mandelson, according to reports. The news comes after the scandal-hit politician decided to step down from the House of Lords following fresh pressure on the Labour veteran after the latest bombshell drop of the Epstein files. The Lord Speaker said on Tuesday afternoon Mandelson would exit the [...]
Starmer caps ground rents after fears of Rayner-led rebellion January 27, 2026 Sir Keir Starmer has introduced a cap on ground rents following fears of an MP rebellion led by the former deputy Prime Minister Angela Rayner. The Prime Minister announced the new move – which will cap ground rents at £250 a year for leaseholders in England and Wales – on TikTok, saying it will “make [...]
The City has moved on from Brexit January 14, 2026 Whisper it, but Brexit is slowly inserting itself back into our national conversation. We remain, thankfully, a long way from the frenzied tribalism of the referendum campaign or the energy-sapping parliamentary drama that followed, but while these days Nigel Farage may be more interested in small boats than backstops, the issues is being discussed – [...]
Starmer’s future hinges on May election reckoning, polling expert says December 27, 2025 The future of Sir Keir Starmer’s premiership hinges on the forthcoming May elections where the Labour party is expected to take a bruising, a polling expert has said. Conservative peer Lord Robert Hayward said: “A few months ago it looked as if May 7 would be decisive for the leaderships of both Labour and Conservatives. [...]
Leadership spat sends jitters through bond markets November 13, 2025 Jitters coursed through UK bond markets on Wednesday after a leadership crisis engulfing the Labour government triggered a jump in gilt yields, leading investors to warn that more political instability risked exacerbating the ‘moron premium’ applied to UK borrowing costs. Interest on 10-year gilts rose by three basis points, while the pound slumped to its lowest level [...]
Labour urged to block Chinese embassy amid spy row October 20, 2025 The Labour government has been urged to shut down China’s application for its new embassy at the Royal Mint Court site amid fears the country poses a threat to UK national security. Senior Tory MPs Alicia Kearns and Tom Tugendhat, who allege they were spied on by China, called on the government to block an [...]
Starmer: Reform is an ‘enemy’ of the country September 27, 2025 Sir Keir Starmer has vowed to take the fight to Reform UK, who he described as an “enemy” of the country, ahead of the Labour Party conference this weekend. Chancellor Rachel Reeves has, meanwhile, said she wants to sign an “ambitious” new youth migration scheme with the EU, which she claimed would reduce the need [...]