By: Chris Dorrell

Chris Dorrell is a freelance journalist and City AM contributor. He was previously City AM's banking and then economics reporter. When Chris is not breaking news, he can often be found playing with his band Totally Amorphous.

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Unemployment hits post-pandemic high as wage growth slips

February 17, 2026

The labour market continued to loosen in the final quarter of last year, official figures show, with wage growth easing and unemployment climbing steadily higher. The rate of joblessness crept up to 5.2 per cent between October and December, according to the Office for National Statistics (ONS), the highest level since early 2021 and slightly [...]
Defence stocks rally after Starmer vows to ‘go faster’ on spending pledge

February 17, 2026

Investors piled into defence stocks on Monday after Keir Starmer said the UK needed to “go faster” on defence spending to combat the growing threat from Russia. The Prime Minister warned that the UK needed to “step up” its defence commitments amid reports that he wants to ramp up the defence budget by tens of [...]
Regulator mulls audit changes to attract Chinese listings

February 16, 2026

The audit regulator is considering a temporary change in its accounting rules which would make it easier for Chinese firms to list in London. The proposal is the latest regulatory reform designed to make the UK a more attractive place for international companies to list. In a statement, the Financial Reporting Council (FRC) said it [...]
Employment Rights Act set to stall hiring, says report

February 16, 2026

The government’s new package of employment rights will put a brake on hiring, according to a new report, as businesses worry about the possible risks and costs. More than a third (37 per cent) of businesses surveyed by the the Chartered Institute of Personnel and Development (CIPD) plan to reduce hiring permanent staff as a [...]
British Gas boss: Electricity bills to top Ukraine war heights

February 11, 2026

Electricity bills will be higher in 2030 than in the wake of the Russian invasion of Ukraine, the boss of British Gas has warned, as the government pushes through major upgrades to the UK’s grid infrastructure. Chris O’Shea, chief executive of British Gas-owner Centrica, said the UK was playing catch-up after years of underinvestment, and [...]
Mind the G: Guinness takes over tube platforms in TfL brand deal

February 11, 2026

Commuters with sore heads and a creeping sense of dread may fear they’ve seen a mirage when alighting from the Northern Line platforms at Tottenham Court Road for the next week. Eleven tube route maps in the station have been temporarily resigned to mimic a pint of Guinness in Transport for London’s (TfL) latest advertising [...]
Activist investor Elliott builds up stake in LSEG

February 11, 2026

Activist investor Elliott Management has built a significant stake in the London Stock Exchange Group as it looks to engineer a turnaround for the stock exchange operator. The hedge fund has been holding conversations with David Schwimmer, LSEG’s chief executive, according to a report in the Financial Times. The size of the stake could not [...]
Luxury watch theft hits record high of £1.7bn

February 11, 2026

The total value of luxury watches registered as lost or stolen on a global database hit a record £1.7bn last year amid renewed fears of muggings on London streets. The Watch Register said that 10,000 luxury watches had been logged on the site in 2025, the equivalent of one watch per hour, bringing the total [...]
City of London gives green light to controversial Liverpool Street plans

February 10, 2026

The City of London Corporation has granted planning permission to Network Rail’s controversial redevelopment of Liverpool Street station, with councillors saying it will be a “modern temple of transport”. The proposals will help increase the capacity and accessibility of Britain’s busiest railway station, but objectors warned that the scheme was “unviable and undeliverable”. In total, [...]
Keir Starmer must find ‘more inclusive way’ to run Labour, says Andy Burnham

February 10, 2026

Andy Burnham gave Sir Keir Starmer a lukewarm endorsement on Tuesday, urging the Prime Minister to lead a stronger and more united government amid continued questions about his leadership. The Mayor of Greater Manchester called for stability, but argued that this could only be secured through “a more inclusive way of running the party”. “We [...]

Private sector to decline but City to buck trend

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Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Chris Dorrell

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