One in five Brits in ‘high financial stress’ as economic woes deepen March 3, 2025 Public confidence in the UK economy has taken another hit, with the latest City AM Freshwater Strategy poll showing little hope for the near future. The polling revealed nearly one in five voters, 18 per cent, could not pay an unexpected £500 bill, categorising them as in “high financial stress”. 35 per cent said their [...]
Spring Statement 2025: Rachel Reeves should be courageous and favour economics over ideology, says Interactive Investor boss March 3, 2025 Chancellor Rachel Reeves needs to be “quite courageous” and not “allow ideology to get in the way of economics” when she delivers her Spring Statement on 26 March, the chief executive of Interactive Investor has said. Richard Wilson, speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, added that the government’s growth agenda [...]
Workers rights: Don’t let ‘rogue’ firms undercut good employers, MPs urge March 3, 2025 Changes to the government’s workers’ rights package should be made to ensure “rogue firms” don’t undercut Britain’s best employers, MPs have urged. The Employment Rights Bill, which is currently making its way through Parliament, should have loopholes closed to avoid some companies exploiting work insecurity, the House of Commons Business and Trade Committee (BTC) has [...]
Nominations are open for the City AM Awards 2025 February 28, 2025 The City AM Awards are back for 2025 – on Tuesday 6 May at the Guildhall – and nominations are now open for the top leaders, trailblazers, entrepreneurs and innovators in the City. It’s the 16th year of the City AM Awards, first launched by City AM’s Harry Owen and Lawson Muncaster in 2010 to [...]
‘Encouraging’ signs for UK economy as business confidence rebounds February 28, 2025 Business confidence rebounded rapidly in February, according to a new survey, with firms increasingly optimistic about the health of the economy.
Concern for British high street deepens with flat February sales February 28, 2025 Online shopping drove retail sales in February, offsetting flat in-store sales on the high street. In-store sales were lower in real terms in February, meaning that actual sales volumes shrank year on year, according to accountancy and business advisory firm BDO. Total like-for-like sales grew by 2.3 per cent in February. Retailers faced particularly challenging [...]
Trump-Starmer: UK may dodge tariffs as work to begin on new US trade deal February 27, 2025 The UK could be set to dodge US tariffs with work to begin on a new US-UK trade deal, it was revealed during Sir Keir Starmer’s visit to US President Donald Trump. The Prime Minister flew to the States yesterday for a highly anticipated first meeting with President Trump since he reentered the White House [...]
Trump-Starmer meeting: Five things to look out for February 27, 2025 Prime Minister Sir Keir Starmer is set to meet Donald Trump this evening for the first time since the US President re-entered the White House in January. Thanks to the US-UK so-called ‘special relationship’, meetings between the two nations’ leaders always have resonance. But amid the current international context, including Trump’s own comments about Russia’s [...]
Growth plan: Sadiq Khan wants to boost London economy by £100bn February 27, 2025 Sir Sadiq Khan unveiled his plan to “turbocharge” London’s economy, claiming it could boost the capital’s coffers by £107bn by 2035. The mayor unveiled what he’s called the London Growth Plan at Imperial College London’s campus, in a speech to council leaders, businesses and media. Sir Sadiq’s plan for the capital aims to put an [...]
Week in Business: Will more defence spending mean higher taxes? February 27, 2025 Cutting the international aid budget to boost defence spending – sounds like a fair exchange in a time of war and hazard – but there’s more to this announcement than meets the eye. The Prime Minister was deadly serious when he stood up in the Commons this week to declare that the country faces a [...]