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      OBR chiefs told the Treasury Select Committee that a higher tax burden could stifle growth.

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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.

All 619 Articles
  • Sterling surges to highest in four years amid dollar weakness

    January 27, 2026

    Sterling touched its highest level against the dollar in four years on Tuesday as selling pressure on the greenback intensified.  The pound was trading at $1.376, its highest level since 2021, while the euro also rose to multi-year highs on Tuesday afternoon, continuing a poor run for the dollar.  In January alone the dollar index [...]

  • Loveholidays eyes £1bn London IPO as soon as March

    January 27, 2026

    London’s public markets could be set for a blockbuster £1bn spring listing from one of Britain’s largest online travel agents, giving the bourse welcome momentum in the new year after a strong end to 2025.  Loveholidays’ private equity owners, Livingbridge, has reportedly added Investec to its roster of banks preparing to launch a listing.  According [...]

  • Dr Martens shares take a kicking after demand falls

    January 27, 2026

    Shares in Dr Martens slumped 13 per cent on Tuesday morning after the firm reported a drop in sales over the golden quarter, amid investor concern at its ongoing strategic “pivot”.  Revenue at the bootmaker fell 2.7 per cent to £253m in the three months to the end of December, largely due to weakness in [...]

  • Save billions by reforming ‘unsustainable’ public sector pensions

    January 26, 2026

    Moving new public sector employees onto defined contribution (DC) pension schemes could save taxpayers £37bn a year in the long run, a new report has found.  The report, produced by Policy Exchange, argues that moving public sector workers onto a DC scheme would also send an “important signal” to the bond market that the government [...]

  • Investors on alert after Japanese market jitters

    January 26, 2026

    Japan continued to preoccupy traders at the start of the week after the country’s prime minister suggested that the government was ready to support the yen, pushing the currency up to its strongest level against the dollar in two months following market turbulence that has been described as a “Liz Truss-lite moment”. The yen marked [...]

  • Hundreds of hospitality firms close as cost pressures take toll

    January 26, 2026

    The “relentless” increase in operating costs put hospitality businesses under increasing pressure in the final quarter of last year, industry figures suggest. According to consumer intelligence firm NIQ, there were 382 fewer licensed premises at the end of December than there were three months prior, equivalent to four closures per day.  Casual dining sites and [...]

  • London, Oxford and Cambridge suffer steepest housing cost burden

    January 26, 2026

    Londoners spend more on rent and housing than anywhere else in the country, according to a new report which highlights the economic cost of the capital’s housing crisis.  The research found that residents of London spend 19 per cent of their outgoings on housing on average, although it noted that many renters and young homeowners [...]

  • The Fit Prince: Good, silly fun for the festive season

    December 9, 2025

    The Fit Prince, now showing at the King’s Head, is a completely unhinged mash-up of Christmas rom-coms, fairytales and puppet shows.  Coming off the back of a well-received run at the Edinburgh Fringe, The Fit Prince – whose full title actually reads “The Fit Prince (who gets switched on the square in the frosty castle [...]

  • Inside London’s occult bookshops

    December 9, 2025

    As I stood outside Watkins Books, the oldest occult bookshop in London, an old man approached me. “Number 23 is the one you want,” he said, pointing down the street. I looked confused. “Murder! A woman stabbed in the basement!”  The man, who quickly walked on, was referring to the 1961 murder of Elsie Batten, [...]

  • The Spy Who Came in From the Cold at Soho Place review: John Le Carré thriller grips on stage

    November 28, 2025

    The Spy Who Came in From the Cold review and star rating: ★★★★ At the interval of David Eldridge’s adaptation of The Spy Who Came in From the Cold, my friend and I placed bets on how we thought the play would end. We were both wrong.  I’m sure many people who go to watch [...]

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