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: Is Rachel Reeves About to Drop a Tax Bombshell on the UK Economy?

June 12, 2025

Despite talk of growth and renewal, the economic warning lights are flashing, and experts now predict another £20bn tax raid.
Only roaring growth can save Reeves, and the country

June 11, 2025

The Chancellor had been speaking for about five minutes when it dawned on me that she wasn’t going to say anything interesting. By the time she got to discussing the finer points of Southport’s pier and Kirkcaldy’s high street, I’d moved on to other things. That’s not to say that the Spending Review wasn’t interesting, [...]
Reeves will aim for optimism but reality paints a different picture

June 11, 2025

Sky’s Sophy Ridge is a thoughtful and formidable interviewer, as Treasury Minister James Murray discovered on Monday evening. The Labour MP, who seems a decent sort of chap, was doing his best to defend his government’s screeching and humiliating u-turn on cuts to winter fuel payments, claiming – in the words of the Prime Minister [...]
Ouch: Three tech firms bail out of the UK in a single day

June 10, 2025

The Prime Minister did his best to sound bullish about the future of the UK tech sector yesterday as he opened London Tech Week. Some awkward technical issues with his autocue didn’t put him off his stride as he declared that Britain was “unequivocally, unashamedly and defiantly open for business.” Leaving aside the bizarre idea [...]
Trump and Musk: Explosive row engulfs Washington

June 5, 2025

The relationship between US President Donald Trump and billionaire Elon Musk has descended into threats, abuse and accusations. A disagreement over the merits of Trump’s tax and spending legislation has turned into a dramatic feud, with Trump saying he was “surprised” at Musk’s criticism of his “big, beautiful” bill. “Elon and I had a great [...]
Week in Business: Warning lights in the City as another firm quits London for New York

June 5, 2025

The trend has been clear for some time and the evidence points to a story of decline for the UK's capital markets.
When is a trade deal not a trade deal?

June 5, 2025

Do you remember where you were on TD Day, 2025? Do you remember what you were doing when you heard the news that a “truly historic” treaty had been signed between the UK and US? Trade Deal Day, 8 May 2025, was – for this government – a very big deal indeed. Keir Starmer will [...]
Thames Water mess could soon swamp ministers – and taxpayers

June 4, 2025

Water takes the path of least resistance, and so – on this occasion as least – does private equity. Apparently deterred by the increasingly hostile political and regulatory environment KKR, the US giant which secured ‘preferred bidder status’ for a takeover of Thames Water, pulled the plug on its £4bn investment over the weekend. They [...]
Starmer’s defence pledges will trigger a tax bombshell

June 3, 2025

Here’s a cracker of a pub quiz question for you: what links mega-rich non-doms, nuclear-powered submarines, congestion in Wigan and the Bank of England’s former chief economist? The answer, as so often appears to be the case, is tax. On the day that Keir Starmer unveiled a Strategic Defence Review that calls for nearly £70bn [...]
Heathrow’s story goes up in flames

May 28, 2025

Every weekday morning I’m up and ready to receive an important email that comes in at 6.30am. The email is sent by the producer of Nick Ferrari’s breakfast show on LBC, and it contains an initial plan for the stories that I’ll discuss with Nick on air exactly an hour later. It’s a slick routine [...]

UK manufacturers facing ‘steel quota cliff edge’

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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