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 [...]
This is why Starmer’s recent reshuffle is doomed to fail September 11, 2025 Keir Starmer’s personnel switch-up is an attempt to get a firmer grip on his government’s economic policymaking. Helen Thomas lays out why it won’t work. Keir Starmer’s latest cabinet reshuffle was billed as a decisive break from his choppy first year in power. Yet this is less a bold national reset than a desperate rebrand. [...]
PM ‘to move asylum seekers into barracks’ after Home Office shake-up September 7, 2025 Shabana Mahmood is expected to unveil plans to move asylum seekers from hotels into military barracks as the Government seeks to harden its immigration policy amid rising numbers of crossings in the Channel. The newly appointed Home Secretary is reportedly set to announce the use of Ministry of Defence sites to house people after a [...]
Cabinet reshuffle: Lucy Rigby replaces Emma Reynolds as City minister September 6, 2025 Former solicitor general Lucy Rigby has been made Economic Secretary to the Treasury, a role often called the City minister, in the latest development in Starmer’s reshuffle. Rigby replaces Emma Reynolds, a former City lobbyist who had held the role since last July but who has now become environment secretary. In a post on X, Rigby said she was [...]
Finance bosses back AI despite job loss concerns September 2, 2025 The financial services industry is set to drive more investment into AI as the industry’s senior leaders turn bullish on the tech. More than half of UK institutions expect to up their AI investment in the next 12 months while one in five said they would maintain current levels, data shared with City AM revealed. [...]
Butlin’s boss: We’re not going to tax ourselves to success August 26, 2025 The chief executive of holiday park chain Butlin’s has hit out at Chancellor Rachel Reeves after saying increases taxes on businesses is not the way to improve the UK economy. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered show, Jon Hendry Pickup said the country is “not going to tax ourselves to success” [...]
Rachel Reeves to slash environmental protections to boost builders August 18, 2025 Rachel Reeves is looking to take the axe to environmental protections blocking infrastructure projects in a bid to boost Labour’s building pledges. The Chancellor is considering reforms to prevent nature concerns from inhibiting new developments as she desperately looks to supercharge her growth agenda. Labour’s Planning and Infrastructure bill is in the committee stage at [...]
UK’s AI vision faces infrastructure reality check July 25, 2025 The UK government has set ambitions to become a global leader in AI research, safety and commercialisation. Over £2.5bn has been committed to compute infrastructure, with new supercomputers being built in Edinburgh and Bristol, and “AI Growth Zones” being launched across regions including Greater Manchester and the West Midlands. But a growing chorus of voices [...]