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 546 Articles

The walls are closing in on the Chancellor

October 23, 2024

With just one week to go until the Budget (arguably one of the most consequential in recent memory) economists, investors, analysts (and most certainly journalists) are scouring everything from tea leaves to official data for indications of what exactly the Chancellor is going to say next Wednesday. Most people agree that her choices are limited [...]
It’s hard work working out what ‘working people’ means

October 22, 2024

Politicians do like to lump people together. In recent years we’ve had the squeezed middle, the just-about-managing, hard working families and (who could forget?) Nick Clegg’s “alarm clock Britain.” To this list of amorphous jargon we must now add “working people.” Labour figures have been leaning on the phrase for months, not least as part [...]
Labour must pull back from the brink and support the UK’s founders

October 21, 2024

With half term holidays upon us, Portugal is a safe bet for a bit of winter sun. The forecast for Lisbon this week is 24 degrees and sunny, whereas London is set to be much cooler with rain sweeping in by Friday. Things may get even gloomier when the Chancellor unveils her Budget next week. [...]
When it comes to national insurance, the government is pulling a fast one

October 16, 2024

One of the many problems the government has got itself into over tax rises that may or may not appear in the upcoming Budget is an oversimplification of where the cost of a certain tax falls. Ministers and their supporters talk about Capital Gains Tax as if it only lands on rich people selling off [...]
Starmer did well with the CEOs, but he can’t ignore the start-up founders

October 15, 2024

It rained pretty much all day in the City of London yesterday, but this didn’t stop Keir Starmer basking in the warm glow of success. Despite complaints about a chaotic organising process in recent weeks, and a bit of real-time grumbling on the day itself, the Prime Minister’s investment summit was a triumph. A tightly [...]
Starmer’s big day in the City

October 14, 2024

The Guildhall, in the heart of the City of London, has been a vital commercial centre for hundreds of years. The main building, in which the Prime Minister will this morning address an impressive gathering of CEOs and investors, dates from the 15th century and a time when powerful merchants exercised huge influence over the [...]
Labour’s arrogance is disrespectful to business

October 10, 2024

When it emerged that Boris Johnson reportedly muttered “f**K business” during a meeting as Prime Minister, he was rightly castigated. For many people it marked an emphatic break in the relationship between government and the private sector. We might not be able to point to any similarly totemic moment in Keir Starmer’s first three months [...]
Chancellor’s tightrope walk will leave us holding our breath

October 8, 2024

By tradition, Chancellors are allowed a stiff drink at the despatch box as they deliver their Budget. Parliamentary records tell us that Gladstone enjoyed sherry and beaten egg while the most recent Chancellor to indulge in this ancient right, Ken Clarke, opted for a straight whiskey. Since then, there’s been nothing but water in the [...]
It wasn’t supposed to be this way, was it?

October 7, 2024

Kremlinology is an old Cold War concept referring to the study of key individuals high up in the Soviet government. Who was in favour, who hadn’t been seen in a while, who was winning power struggles and who had been shot; Western analysts devoured such intelligence in an effort to understand who was actually in [...]
Demise of coal power is end of an era, but not an end in itself

October 1, 2024

A quiet revolution occurred in the very earliest moments of this morning, probably while you were asleep. You went to bed in one sort of country, and woke up in another sort entirely. The difference is largely invisible but undeniably huge: yesterday, the UK’s last coal power station was still operational and by this morning [...]

Oil prices could race past $150 as ceasefire in ‘difficult phase’

Fury: The real fight is not in the ring or ad spend, but brand alignment

Why I love hotel restaurants – and two of my favourites

By: Christian May

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