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      Healey vows AI will not ‘leave workers behind’ in £600m Budget package

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UK economy

  • As it happened: FTSE 100 slides as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

    September 1, 2026

    Welcome back to the City AM liveblog. The London market is returning from the Bank Holiday break to a fall as tensions in the Middle East are simmering over again leading to the price of oil moving higher. Brent crude – the international benchmark for oil prices – climbed over $91 per barrel on Tuesday, [...]

  • Ask the expert: Can I build a £1m pension by 60?

    September 1, 2026

    Fidelity personal financial specialist Marianna Hunt is back on hand to answer your burning questions, and today a reader wants to know how to achieve a £1m pension pot. Q. I’m 32 and earn £50,000 per year. I only have about £55,000 in my pension currently and want to grow that to £1m by age [...]

  • City firms face FCA clampdown on bullying and harassment

    September 1, 2026

    City bosses are set for fresh scrutiny over the conduct of their staff as the financial regulator extends a clampdown on non-financial misconduct issues like bullying and harassment. After years of consultation, surveys and industry feedback, the Financial Conduct Authority’s (FCA) new rules on non-financial misconduct in non-banking firms take effect on Tuesday for around [...]

  • Burnham’s presidential summer is over

    September 1, 2026

    Andy Burnham has been enjoying a presidential summer. He’s communicated with the public through podcasts and social media; delivered the occasional speech; toured the country and generally made his own weather. Today, he’ll come crashing back down to parliamentary reality. Two months ago there were reports that the then mayor of Manchester and Makerfield by [...]

  • Civil service reform? Burnham is rearranging deck chairs

    September 1, 2026

    Politicians are finally discovering what taxpayers have known for years: the civil service is too big, too expensive and too slow. 

  • ‘They want business on board’: How Reform UK is wooing City chiefs at its conference 

    September 1, 2026

    Nigel Farage’s Reform UK is on a mission to win over businesses before the next election. Maurício Alencar and Ali Lyon report on how the party’s upcoming conference in Birmingham could determine its political future. By the time Britain’s executives descend on the Reform UK party conference this week, many will already be well-acquainted with [...]

  • The tax rumours most worrying my clients

    September 1, 2026

    As Budget day creeps over the horizon, JMW partner Craig Harrison writes about which tax rumours are most worrying his clients.

  • Easyjet’s over-60s recruitment push is economically necessary

    September 1, 2026

    By 2030, half of Western Europe’s workforce will be over 50. As Easyjet showcases, it's time to get over our age biases in hiring.

  • Stealth taxes intensify London first time buyer struggle

    September 1, 2026

    A raft of government stealth taxes is driving the London property market even further into unaffordability for first time buyers, fresh research has found. Freezes in tax bands and thresholds means the average home in the capital now accounts for an eye-watering 14.7 times average earnings after accounting for stamp duty, national insurance and income [...]

  • Over one million pensioners hit by higher income tax rates

    September 1, 2026

    The number of pensioners paying the highest rates of income tax has doubled in the last five years as frozen thresholds drag more Brits into higher bands. The amount of pensioners paying income tax at 40 per cent or 45 per cent has surpassed one million this current tax year, according to a freedom of [...]

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