Banks brace for potential tax raid if Starmer is ousted April 25, 2026 Banks in the UK are bracing for potential tax raises, as expectations that Keir Starmer could soon be replaced by a more leftwing Labour politician continue to grow. The banking sector narrowly evaded a tax increase in last year’s Autumn Budget after chancellor Rachel Reeves sought reassurance that they would boost lending in the UK [...]
Lib Dems vow to push back controversial Pension Schemes Bill April 24, 2026 The government has been warned that the Pension Schemes Bill will continue to be pushed back unless ministers remove controversial mandation powers, as a groundswell of opposition puts pressure on the government to water down the bill. The warning comes as the House of Commons gears up for the bill to bounce back from the [...]
FTSE 100 Live: Stocks drop as Trump in ‘no rush’ to end Iran war; Retail sales jump on fuel rush April 24, 2026 Good morning and welcome back to the City AM liveblog. Donald Trump has slapped another extension on ceasefires in the Middle East following Wednesday’s intervention, where a previous deadline was set to expire. Just days ago, Trump said he was extending the ceasefire indefinitely as the deadline for strikes on Iranian power plants drew nearer. [...]
Lucky bets won’t save the UK economy – the government needs evidence April 24, 2026 The government must stop making decisions from the dark and properly prioritise research to grow the UK economy, writes Jane Frost.
Civil servant defends Starmer over ‘due process’ on Mandelson April 23, 2026 A top Whitehall operator has appeared to defend Sir Keir Starmer’s insistence that due process was followed by the government in the appointment of Lord Peter Mandelson as US ambassador. Cat Little, the Cabinet Office’s chief operating officer, said that bureaucratic procedures around security and vetting were adhered to by the Prime Minister’s team at [...]
Watch: Sluggish economy puts Brits at their gloomiest for nearly 50 years April 23, 2026 City AM‘s Editor, Christian May, reflects on recent polling that reveals Brits’ economic pessimism has reached depths not seen since 1978. From high taxes to sticky inflation and low growth, there is a strong sense that the country simply isn’t heading in the right direction.
Met Police eyes Palantir to speed crime probes April 23, 2026 London’s most prominent police force is considering a major AI upgrade that could change how crimes are investigated across the capital, and raise concerns about who handles the country’s most sensitive data. The Met Police has reportedly been in talks with the controversial Big Tech Palantir Technologies, according to The Guardian, about deploying its AI [...]
AJ Bell inflows surge after record customer growth April 23, 2026 One of the UK’s largest investment platforms recorded a surge in net inflows in its latest trading update after attracting an influx of new customers. AJ Bell reported a 42 per cent rise in net inflows during the second quarter of the financial year, jumping from £1.9bn in 2025 to £2.7bn. Gross inflows also hiked [...]
The tax effect: Reeves borrowed less than OBR forecast April 23, 2026 Chancellor Rachel Reeves oversaw lower government borrowing than the Office for Budget Responsibility forecast in the financial year 2024 to 2025, it has been revealed, pointing to the effect sweeping tax hikes have had in narrowing the deficit. The Office for National Statistics has shown that government borrowing over the last financial year was £132bn [...]
London local elections 2026: Who will win? April 23, 2026 Political turmoil in Westminster and voter anxiety across a range of issues could see the political map of London redrawn after the upcoming local elections. Felix Armstrong, Mauricio Alencar, Matt Kenyon, Samuel Norman, Saskia Koopman and Simon Hunt preview how residents in each of the capital’s 32 boroughs could vote on May 7. The Greens [...]