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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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All 521 Articles
  • The Week in Business: Is Rachel Reeves to blame for high inflation and job cuts?

    February 20, 2025

    Rachel Reeves might be able to exaggerate her CV but there’s no massaging the state of the economy. We’re in the eye of the storm; a false calm; growth is flat and the labour market is stagnant – but are things about to take a serious turn for the worse? Earlier this week official labour [...]

  • UK equity markets could do with some shock therapy

    February 20, 2025

    My favourite explanation as to why UK pension funds have shrunk their investments in UK equities from around 50 per cent in the 1990s to a paltry 3 per cent today was offered to me recently by one of the City’s veteran fund managers; “You can trace it all back to the day that crook [...]

  • In Starmer’s Downing St, some unions are more welcome than others

    February 19, 2025

    Some unions are just more welcome in Downing Street than others. A couple of weeks ago, leaders of the 11 trade unions formally affiliated with the Labour party were invited to talks in No 10 with Prime Minister Keir Starmer and his deputy, Angela Rayner. The meeting was called to discuss the Employment Rights Bill [...]

  • Budget policies coming home to roost

    February 18, 2025

    With each passing day, the government’s insistence that economic growth is its “number one priority” sounds more and more offensive. Just a few days ago, the Business Secretary, Jonathan Reynolds, said he believes that “good policy, good strategies, and good government working hand-in-hand with the private sector, can make a difference.” This may be true, [...]

  • The Week in Business: Is Net Zero going out of fashion?

    February 14, 2025

    Just a few short years ago BP proudly told us they were embarking on a journey – and I quote – “in support of our purpose to reimagine energy for people and our planet, and our ambition to become a Net Zero company by 2050 or sooner and help the world get to Net Zero.” [...]

  • Labour has sucked the confidence out of wealthy Brits

    February 13, 2025

    The government defines a high net worth individual as someone with an income of at least £170,000 and net assets of more than £430,000. Such people are undoubtedly in a comfortable position, but are hardly reaching non-dom status. Indeed, those just meeting the government’s definition would be politely turned down for a bank account at [...]

  • BP’s Net Zero push has crashed into reality

    February 12, 2025

    I remember when I first encountered a hard copy FTSE 100 annual report. I was a first year undergraduate and my achingly left-wing lecturer in Business and Politics dropped copies in front of us in a seminar room, and asked us to rank the directors “on a fat cat scale.” I can still recall the [...]

  • Progressive liberal comes out against progressive liberalism

    February 11, 2025

    What’s keeping Keir Starmer up at night? It’s safe to assume the list is long and that we’re unlikely ever to see it in full, given the myriad security and intelligence matters that take up so much of a PM’s time without ever breaking into public view. So, aside from state secrets, what else might [...]

  • Week in Business: Growth hammer blow means Reeves must change course

    February 7, 2025

    If the Chancellor was still on a high from last week’s big growth-focused speech, the Bank of England has just pulled her back down to earth and, for good measure, poured a bucket of cold water over her. This is a time for hard truths and none harder than the hammer-blow fact that the Bank [...]

  • Is Reeves heading for a fiscal car crash?

    February 6, 2025

    Rachel Reeves has a deep respect for officialdom and institutions and was aghast at the way Liz Truss simply ignored the Office for Budget Responsibility when putting together her doomed ‘mini Budget.’ Cast your mind back to the early days of the Truss administration (which, as it turned out, weren’t very far from the final [...]

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