‘It’s important we increase spending’: Treasury minister defends triple lock pension May 27, 2026 A Treasury minister has defended the triple lock pension as a sustainable policy despite former Prime Minister Sir Tony Blair attacking the benefit for being unaffordable. Dan Tomlinson said it was “important we have the triple lock and that we increase spending on pensioners”, doubling down on the controversial manifesto commitment that has been criticised [...]
The West End works as one economy – policy should catch up May 27, 2026 The West End functions as an integrated economy, yet policy continues to govern it in fragments, writes Ros Morgan.
Tony Blair accuses Starmer of damaging economy by clinging to manifesto pledges May 27, 2026 Sir Tony Blair has taken a swipe at Sir Keir Starmer for sticking to campaign pledges from Labour’s 2024 manifesto, which he says are economically damaging and should have been dropped “right at the outset.” In a 5,000-word essay published by his think tank, Labour’s longest serving PM pointed out that Budgets put forward by [...]
Energy price cap to jump 13 per cent this summer May 27, 2026 UK households will be hit by a sharp £200 rise in energy bills next month, leaving Brits bracing for a painful winter of higher bills off the back of the Iran war. From 1 July to 30 September the annual energy price cap will be £1,862 per year, up from the current cap of £1,641, [...]
As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow May 27, 2026 Good morning and welcome back to the City AM liveblog. Global markets were able to take the new developments in the Middle East in their stride on Tuesday amid hopes a peace deal was on the horizon. The FTSE 100 ended the day in the green and despite some choppy trading oil prices eased. This [...]
Andy Briggs: UK is hurtling towards a pensions disaster May 27, 2026 Without radical change, Britain will find itself amidst a pensions disaster, with millions worse off, writes Andy Briggs.
The Debate: Is Britain’s minimum wage too high? May 27, 2026 Rishi Sunak has confessed minimum wage hikes he oversaw were too high. But is raising wages during a cost of living crisis really so bad?
Jeevun Sandher MP: I am committed to Labour’s fiscal rules, but delivery matters too May 27, 2026 Rattled by watching the bond markets, Labour MP Jeevun Sandher says it's time for Labour to prioritise economics over politics.
Starmer’s steel tariffs are as hare-brained as Trump’s May 27, 2026 Contrary to supporting the industry, Starmer's steel tariffs will push manufacturing offshore and invite retaliatory EU action, writes Andrew Griffith.
Moneybox profit slides as wealth manager bets on ‘high levels of automation’ May 27, 2026 Moneybox saw its profit slide by nearly a quarter in the last year as the wealth manager invested “heavily” in new technology and bet on “high levels of automation”. The London-based fintech notched its third consecutive year of profitability but faced a 23 per cent drop in its pre-tax takings at £14.9m by the end [...]