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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Editor’s notes: A Cornish hero on 9/11, vegans up the creek with no Padella, and policy is for the many, not the pew

September 14, 2018

Everyone remembers where they were when they heard about the 9/11 attacks. For many City workers, the event remains a trauma. Michael Spencer, who had hundreds of staff in the World Trade Center, still turns pale when recalling how he sat in London, watching the news footage, trying to get through on the phones. Remarkably, [...]
Socialists to the left, jokers to the right: the miserable state of British politics

September 9, 2018

Take a step back and consider the state of British politics. The Labour party is now firmly, perhaps irredeemably, in the grip of the hard left – from top to toe. Its leadership would subsidise what it doesn't nationalise while its membership revels in a new factionalism that puts loyalty to the dear leader above [...]
Editor’s notes: Jeff Bezos should look closer to home for ideas on where to spend his fortune, new peer Bethell is a Lord to applaud, and the Economist shows how to stand up to social media bullies

September 7, 2018

Amazon has joined Apple in the ranks of $1 trillion companies based on market capitalisation. Shortly before his company hit this massive (but meaningless) valuation, founder Jeff Bezos was pondering how to spend his vast wealth. Bezos is estimated to be sitting on a $130bn (£100bn) fortune – and earlier this summer he was asked [...]
If Chequers is dead, a new battle looms: European Economic Area or Free Trade Agreement?

September 3, 2018

Chequers, the Prime Minister's official country residence, was gifted to the nation by Lord and Lady Lee after the First World War. A stained glass window carries an inscription offering “this house of peace…as a place of rest and recreation” for Prime Ministers. Despite this noble intention, it's hard to imagine that Theresa May associates [...]
Editor’s Notes: Time for some forward guidance on the next Bank of England governor, Labour loses a man of principle and Warren Buffett’s lunch date

August 31, 2018

Mark Carney’s first speech as governor of the Bank of England was on 28 August 2013, at a lunch co-hosted by the CBI and the Institute of Directors. I was working for the latter at the time, and was leaning against the back wall with a glass of warm white wine in my hand as [...]
Venezuela sinks ever lower as the state tightens its grip

August 29, 2018

Life in Venezuela is now unimaginably hard. In recent years, we have watched as this once prosperous country descended into poverty, chaos and political turmoil. The United Nations estimates that more than two million Venezuelans have fled the country since 2015, with thousands more attempting to pour over the boarders of neighbouring countries every day. [...]
Tesla can’t afford Elon Musk’s eccentricities

August 27, 2018

In the late hours of Friday night, Elon Musk published a blog post that brought to an end a three-week period of intense speculation and investor confusion. The billionaire Tesla founder declared that, having discussed the matter with his board, taking the company private “would be even more time consuming and distracting than initially anticipated.” [...]
Theresa May needs to clarify the government’s ‘no deal’ message

August 27, 2018

With each passing day the Prime Minister's previous insistence that “no deal is better than a bad deal” slips further down the political memory hole. It used to be trotted out as often as “Brexit means Brexit” – but as exit day draws closer, and the tension ramps up, we don't hear Theresa May offering [...]
The Brexit campaign is about to be fought all over again

August 19, 2018

If you thought you would return from your summer holiday to find the country coming together behind a coherent Brexit plan, think again. With the departure date just over 200 days away, one could have been forgiven for thinking that the old arguments about Leave versus Remain would have given way by now to something [...]
Editor’s Notes: Our world is getting better all the time; a G&T at 28,000ft; knocking down the door to the City; and Andrew Adonis is triggered by City A.M.

August 10, 2018

Ignore the misery merchants, the world is getting better all the time When voters are asked to estimate the size of the immigrant population, the rate of teenage pregnancy or the level of unemployment, they routinely overshoot. This mindset is prevalent among voters right across the world according to Bobby Duffy, author of a new [...]

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By: Christian May

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