By: Christian May

Editor-in-Chief Christian May is the Editor-in-Chief of City AM. He served in the role from 2015 to 2020 and returned in 2024. He writes the daily Editor's Letter for print and online and releases The Week in Business roundup video each Thursday. He is particularly interested in the health of London's capital markets, economic policy, politics, regulation and business activity in the City of London. He regularly appears in the broadcast media and presents a daily Business News slot on LBC at 0730, Monday to Friday. Find Christian on X and LinkedIn.

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Week in Business: Reeves bets on the banks but economy still hurting

July 17, 2025

Rachel Reeves set out to charm the City this week, but elsewhere, the economy is reeling from high taxes and low confidence.
Sticky inflation takes shine off Reeves’ week

July 17, 2025

If the Chancellor was hoping to bask in the glow of supportive front-page coverage the morning after her Mansion House speech, she would have been disappointed. The spectacular revelations of Whitehall’s hushed-up cock-up over Afghan refugees knocked her off the top of the news agenda pretty much across the board. Only City AM gave her [...]
City raises a glass to Reeves’ reforms

July 16, 2025

The City may have been a bit damp and grey yesterday but the Chancellor appeared as a welcome ray of sunshine. At City AM, we haven’t held back in our criticism of this government’s economic policies – and we’ll return to that theme before long, I’m sure – but we also believe in giving credit [...]
Tax debate goes from comedy to tragedy

July 15, 2025

When I suggested recently that we were going to experience déjà vu, with another summer of endless tax rise speculation, I didn’t imagine the experience would be quite so profound. And yet, having already enjoyed the spectacle last year of Labour MPs trying to define “working people” they’re now treating us to a rerun of [...]
Week in Business: The tragedy of Labour’s tax addiction

July 10, 2025

From the housing market to the stock exchange, some taxes need to be reformed or reduced - but this government only wants to hike rates.
Labour’s tax addiction will end in tears

July 10, 2025

It is now pretty much universally accepted that the government will launch a fresh tax raid in October’s budget. City economists expect the Treasury to be on the hunt for between £10bn and £20bn of additional revenue, though given the expensive u-turns on winter fuel payments and welfare reform combined with likely lower growth forecasts [...]
Brutal bean-counters break the news: we’re utterly broke

July 9, 2025

These are difficult times for a news organisation that likes to think of itself as being on the glass-half-full side of life. Optimism is in short supply, and whatever reserves remained after 12 months of this government were snatched away from us yesterday by those bean-counting assassins at the Office for Budget Responsibility. Once a [...]
A wealth tax would be a disaster – and an admission of total failure

July 8, 2025

Why wouldn’t Downing Street rule out a wealth tax? It isn’t difficult, you just say “we will not introduce a wealth tax” and the show moves on. Instead, when asked about the growing clamour in Labour circles for new tax aimed squarely at the well-off, Downing Street’s spokesperson simply talked about the need for “the [...]
Watch: Labour’s ‘total clusterf**k’

July 3, 2025

It wasn’t supposed to be like this. Exactly a year ago the Labour government swept into office promising stability, competence and economic growth. So why, on the one year anniversary of their victory, does it feel like their dying days? This has been a pretty extraordinary week in British politics and it’s a week that [...]
Sacking Reeves would make a bad situation even worse

July 2, 2025

This government has made plenty of mistakes but ditching Rachel Reeves would be by far the biggest. While my advice to ministers remains “I wouldn’t have started from here” I have to recognise that a misstep now could make a bad situation worse. And the situation is bad. As Labour marks its first full year [...]

2026 World Cup: England only attract half as many bets as Norway to lift trophy

2026 World Cup: England only attract half as many bets as Norway to lift trophy

Old Pulteney releases 50-year-old whisky for 200th anniversary

By: Christian May

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