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By: City AM reporter

All 603 Articles
  • Astrazeneca pauses £200m Cambridge investment

    September 13, 2025

    British drug giant Astrazeneca has paused a planned £200 million expansion of its research site in Cambridge in a fresh blow to the UK pharmaceutical industry. It comes after the pharmaceutical firm abandoned plans to invest £450 million in a vaccine plant in Merseyside earlier this year in a blow to the Government as it [...]

  • Thousands gather in London as police brace for protests

    September 13, 2025

    Thousands of people have gathered in London for a rally organised by activist Tommy Robinson. The “Unite the Kingdom” event takes place in Whitehall on Saturday afternoon but huge crowds have already massed near Waterloo Station with people wearing and waving union flags and the St George cross. Meanwhile, a counter-protest, dubbed March Against Fascism, [...]

  • No 10 aware of Mandelson emails before Starmer defended him

    September 13, 2025

    Officials at No 10 and the Foreign Office were aware of the damning emails between Peter Mandelson and Jeffrey Epstein before Starmer defended him at Prime Minister’s Questions. The Foreign Office was allegedly sent details of the emails between the pair on Tuesday and passed them on to Downing Street, two days before Starmer withdrew [...]

  • Klarna’s IPO success could lure fintechs away from London

    September 10, 2025

    By Oscar McDonald Swedish buy-now-pay-later giant Klarna has teed up its second attempt at an IPO, with the eyes of the fintech world set on its New York debut. The company’s valuation has been on a rollercoaster ride over the past three years, peaking at £33.6bn in July 2021 before plummeting to £4.95bn a year [...]

  • Healey says Rayner ‘not a victim’ amid Labour reshuffle discontent

    September 7, 2025

    Angela Rayner is “not a victim” and “any government is stronger” with her, a Cabinet minister has said after a reshuffle following her resignation saw tensions flare within Labour. Defence Secretary John Healey defended Sir Keir Starmer’s “clear, swift, fair action” following his former deputy’s admission that she mistakenly underpaid stamp duty on a seaside [...]

  • PM ‘to move asylum seekers into barracks’ after Home Office shake-up

    September 7, 2025

    Shabana Mahmood is expected to unveil plans to move asylum seekers from hotels into military barracks as the Government seeks to harden its immigration policy amid rising numbers of crossings in the Channel. The newly appointed Home Secretary is reportedly set to announce the use of Ministry of Defence sites to house people after a [...]

  • Defence training to be ramped up to ‘wartime pace’ in new strategy

    September 6, 2025

    Defence training will be ramped up to a “wartime pace” in a new education drive aimed at growing the UK’s skilled workforce, the Government has said. Under the plans, five new “technical excellence colleges” will be set up across the country as well as targeted short courses and Stem schemes for school students to pursue [...]

  • Minister rules out early election amid Government reshuffle

    September 6, 2025

    A senior minister has denied the Government is in crisis after Angela Rayner’s resignation over her tax affairs triggered a major Cabinet reshuffle. Chief Secretary to the Prime Minister Darren Jones said Sir Keir Starmer now has the “strongest team” in place after his former deputy quit for breaching the ministerial code. He ruled out [...]

  • Firefighters tackle blaze at BBC’s former HQ Television Centre

    September 6, 2025

    Dozens of firefighters are battling a blaze at the old BBC Television Centre in London’s White City. The London Fire Brigade (LFB) said about 100 firefighters and 15 fire engines had been called to the nine-storey building on Wood Lane. Photos from the scene show crews at the Helios Building at the BBC’s former headquarters, [...]

  • Local shops axe jobs and cut investment amid surging costs

    September 1, 2025

    UK convenience stores have cuts 2,000 jobs over an “extremely challenging year” after coming under pressure from soaring labour costs and fierce competition from supermarkets. The Association of Convenience Stores (ACS) warned that pessimistic consumers and increased costs for retailers are therefore putting the UK’s 50,000 local shops under pressure, resulting in weaker investment and [...]

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