Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • Abu Dhabi Finance Week
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Hercules
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      UK economy showing signs of ‘zombie apocalypse,’ says think tank

      Rachel Reeves discussing defense strategy in a business suit at a podium with a serious expression and audience in background

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why 2026 will be the year of technology and AI in sport

      Business professionals discussing strategies in a modern conference room setting with digital presentation displays visible

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • New Openings
      • Toast the City Awards
      • The Magazine
      • City Winners
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The 13 unmissable TV shows to watch in 2026, from Industry to Bridgerton

      Breaking news event on December 22, 2025, featuring a significant crowd gathered at a major city square during sunset.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Readership Survey 2025
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Take 2 mins to learn more at www.coinbase.com/uk-fca-info

universal credit

  • Reeves must get ruthless on welfare

    Opinion

    Rachel Reeves’ plans for a youth guarantee scheme and lifting the two-child benefit cap are not enough to tackle the spiralling welfare bill, says Jamila Robertson This week, Chancellor Rachel Reeves announced her plan to fix the unemployment crisis, which has seen 621,000 under-24s out of work this year. Reeves’ ‘youth guarantee’ scheme would provide [...]

    The government has been criticised that a new green tax will rise prices. (Photo by Dan Kitwood/Getty Images)
  • Labour say manifesto stands ‘today’ as Reeves ducks VAT hike

    Politics

    The Chancellor would not rule out fresh rises to VAT ahead of her speech to Labour Party Conference later today, when pressed on the issue by LBC’s Nick Ferrari this morning.  Asked whether Brits could face increases to the retail levy, Reeves said: “You’ll know we made those commitments in our manifesto, and those commitments [...]

    Downing Street has refused to rule out breaking Labour's tax pledges.
  • Labour’s welfare U-turn spikes fears of tax hikes

    Economics

    The Labour government has confirmed its latest U-turn with a significant retreat on welfare reform dealing a crushing blow to Rachel Reeves’ waning fiscal headroom. The bill initially targeted restrictions on personal independence payments (PIP) and limited the sickness-related element of universal credit in a bid to shed £5bn from the welfare budget by 2030. Under [...]

    Unemployment has risen since Labour came to power
  • Liz Kendall unveils welfare reform package aimed at saving £5bn by 2030 

    March 18, 2025

    Liz Kendall has unveiled a major package of reforms to the UK’s welfare system with the aim of saving the government £5bn by 2030.

  • The welfare system isn’t working – here’s how to fix it

    March 10, 2025

    Claims for incapacity benefits have gone up by 27 per cent while 35 per cent more have no obligation to look for work. The system needs radical reform, starting with these four changes, say Jean-Andre Prager and Dr Sean Phillips Britain’s health and disability benefits system isn’t working. The Office of Budget Responsibility estimates the [...]

Trending Articles

  • UK economy showing signs of ‘zombie apocalypse,’ says think tank

  • Rainy day savings, pensions and stocks: Brits’ 2026 financial resolutions

  • Fines for uninsured drivers could rise under new plans

  • European office deals rebound in 2025

  • Starmer: I’ll still be prime minister going into 2027

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City AM Curated
  • The Punter
  • City Winners
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2026 City AM Limited