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      Starmer says he doesn’t hold power to approve North Sea projects

      Keir Starmer speaking at Prime Ministers Questions in the UK Parliament, addressing key issues with government officials.

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UK economy

  • FTSE 100 Live: HSBC carries blue-chips; Starmer eyes China trade

    January 27, 2026

    Good morning and welcome back to the City AM liveblog. Gold’s magnificent rally was continuing on Tuesday morning after breaking through the $5,100 mark for the first time. The flurry to safe haven assets notched up after Trump threatened Canada with 100 per cent tariffs if the country “made a deal with China”. Last week [...]

  • Labour ministers, please stop begging us to celebrate your tiny wins

    January 27, 2026

    The housing secretary has decried newspapers for burying good news, but Labour's tiny upticks in tiny numbers are hardly worth celebration.

  • The graduate crisis: hundreds of thousands sign on to welfare

    January 27, 2026

    The myth is surely shattered; university is not a springboard into the future and a degree does not guarantee you a job. New analysis reveals that over 700,000 university graduates are out of work and claiming benefits. The Centre for Social Justice (CSJ), which studied data from the Labour Force Survey and the Department for [...]

  • Profit warnings citing global upheaval hit ‘record high’

    January 27, 2026

    The proportion of profit warnings issued by UK-listed companies where bosses complain about policy uncertainty and geopolitics reached a record high last year, fresh analysis has shown.  New data by EY has shown that 240 firms warned investors that profits would fall short of market expectations.  Though this was the lowest figure since 2021 – [...]

  • Food prices to jump despite easing inflation predictions

    January 27, 2026

    Food prices are projected to jump higher despite economists’ predictions of easing inflation, according to a fresh survey, which warned that soaring energy prices and taxes were exacerbating the cost of living for Britons.  New data by the British Retail Consortium has suggested that food price inflation could rise at a faster pace, weighing heavily [...]

  • Save billions by reforming ‘unsustainable’ public sector pensions

    January 26, 2026

    Moving new public sector employees onto defined contribution (DC) pension schemes could save taxpayers £37bn a year in the long run, a new report has found.  The report, produced by Policy Exchange, argues that moving public sector workers onto a DC scheme would also send an “important signal” to the bond market that the government [...]

  • Revolution Bars owner appoints administrators as hospitality crisis deepens

    January 26, 2026

    Dozens of bars up and down the country could soon shut their doors for the last time as one of Britain’s best-known hospitality groups prepares to appoint administrators. Revel Collective, which owns more than sixty venues comprising the Revolution Bars group as well as the Peach pub chain, said it expects to appoint administrators within [...]

  • Burnham was Labour’s best chance to stop Reform’s rise

    January 26, 2026

    Blocking Andy Burnham's bid to stand as an MP could cause irreparable damage if Labour now loses the by-election, writes John McTernan.

  • Traditional legal model shaken by investor interest and IPO ambitions

    January 26, 2026

    External investment is increasing in mid-size legal firms, according to a new report, which revealed that nearly 70 per cent of firms have been approached by private equity investors or PE-backed entities in the last year. New data from MHA, in conjunction with the Law Society, shared with City AM, shows that the majority of [...]

  • Jobless graduates claiming benefits totals 700,000, report says

    January 26, 2026

    The number of unemployed graduates claiming benefits now totals 700,000, a new report has estimated, with blame being laid on the UK education system’s “obsession” with getting young people into university.  Fresh analysis by the Centre for Social Justice (CSJ) has found the number of jobless graduates receiving welfare support was nearing three quarters of [...]

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