Londoners don’t want Sadiq Khan to run for Mayor again December 3, 2025 The majority of Londoners do not want Sadiq Khan to run for Mayor again in 2028, new polling has shown, with 56 per cent saying London is going in the wrong direction. A City AM/Freshwater Strategy poll of London voters has shown that three in five of the capital’s residents believe that Khan should not [...]
The public is running out of patience with this Labour government December 3, 2025 People believe freezing income tax thresholds was an unfair breech of Labour’s manifesto and think Kemi Badenoch would make a better Prime Minister, according to new polling for City AM, writes Matthew Lesh The heist looked, for a moment, as though it might succeed. The Treasury had seeded rumours of a looming fiscal black hole [...]
Starmer’s approval rating tanks to new low December 2, 2025 Keir Starmer’s approval rating has cratered to an unprecedented low as voters turned against the Prime Minister in the aftermath of the Budget. City AM/Freshwater Strategy polling has shown Starmer’s approval rating dropping to a score of -47, trailing well behind Tory leader Kemi Badenoch and Reform UK’s Nigel Farage. The figure is the lowest [...]
Natwest chief: UK ‘closer to start than finish line’ on regulation mission December 2, 2025 The government’s mission to overhaul regulation still has a long distance to go, the boss of Natwest has said, as he warned of “trade-offs” in the pursuit of cutting red tape. Paul Thwaite, the chief executive of Natwest, praised the government and the City watchdog in edging forward in its regulation mission, referencing recent changes [...]
OBR chief hits out at ‘misconceptions’ in Treasury briefings December 2, 2025 A top economist at the Office for Budget Responsibility (OBR) has defended a decision to release a letter that contradicted anonymous Treasury briefings in media reports, adding that details in reports were “damaging” to the fiscal watchdog. David Miles, a member of the Budget Responsibility Committee (BRC), told MPs on the Treasury Select Committee that [...]
Starmer calls for ‘sober realism’ in relations with China amid embassy row December 2, 2025 Keir Starmer said the UK’s approach to relations with China should be guided by “sober realism” in a wide-ranging foreign policy speech at Guildhall in London. At the Lady Mayor’s Banquet, Starmer said the UK had to reject a “binary choice” in being too hawkish or dovish in relations with China. After weeks of diplomatic [...]
OECD: Labour is pushing UK inflation to second highest in G7 December 2, 2025 The UK is set to suffer the second highest level of inflation in the G7 over the next year as a result of the Labour government’s decisions to pile extra costs on businesses, the Organisation for Economic Co-operation and Development (OECD) has said as it also warned recent tax hikes will hit growth. In its [...]
Bank of England warns of rising global threat as lenders’ capital rules slashed December 2, 2025 The Bank of England has warned of increased global risks to financial stability, even as it slashed rules imposed on UK lenders dictating the amount of capital they must hold. The central bank said “risks to financial stability have increased during 2025”. “Global risks remain elevated and material uncertainty in the global macroeconomic outlook persists,” [...]
FTSE 100 Live: OBR chiefs face MP grilling; Food inflation slows December 2, 2025 Good morning and welcome back to the City AM liveblog. The Office for Budget Responsibility (OBR) admitted its “worst failure in the 15-year history” of the fiscal watchdog on Monday. This morning, from 10am, two of its remaining spokespeople will be facing a grilling from the Treasury select committee of MPs. The sensational leak of [...]
Is Rachel Reeves the Prime Minister’s lucky general? December 2, 2025 Napoleon is supposed to have declared that he’d “rather have lucky generals than good ones.” Here in the UK, it seems we have a Chancellor who fits just such a mould. Only the most loyal Labour MPs would declare that Rachel Reeves is a good Chancellor, and in doing so they’d be setting themselves firmly [...]