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By: City AM reporter

All 600 Articles
  • Government defends Online Safety Act after X claims it threatens free speech

    August 2, 2025

    The Government has defended the Online Safety Act after Elon Musk’s X said the legislation was threatening free speech. In a post titled What Happens When Oversight Becomes Overreach, the platform, formerly known as Twitter, outlined criticism of the act and the “heavy-handed” UK regulators. The Government countered that it is “demonstrably false” that the [...]

  • Trump removes jobs data official after employment report

    August 2, 2025

    President Donald Trump has removed the head of the agency that produces monthly jobs figures for the US after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump, in a post on his social media platform, alleged that the figures were manipulated for political reasons [...]

  • Physician associates union takes government to court over planned role changes

    July 27, 2025

    A union will take the Government to court over its decision to implement recommended changes to the roles of physician associates (PAs) within the NHS, the United Medical Associate Professionals (UMAPs) has said.  It follows findings by a Government-ordered report that PAs have been used as substitutes for doctors despite having significantly less training. The [...]

  • One in eight high earners with no inheritance ‘trapped by financial outgoings’

    July 27, 2025

    One in eight (12 per cent) people with a salary over £100,000, but with no parental wealth to fall back on, feel “trapped” by their current financial commitments, a survey has found. More than two-fifths (44 per cent) do not feel that they are able to comfortably meet their financial commitments each month, according to [...]

  • Shell: FTSE 100 giant in line for profit hit after oil woes

    July 26, 2025

    Shell is expected to report lower profits for recent months as the energy giant continues to battle oil price volatility and strives to return cash to its shareholders. The FTSE 100-listed company is predicted to report adjusted earnings of 3.74 billion US dollars (£2.78 billion) for the second quarter, when it publishes its latest figures [...]

  • Businesses to pay £1.1bn in new packaging fees to councils

    July 26, 2025

    Councils in England are set to receive a share of £1.1 billion in recycling funding taken from money charged to companies for the packaging they produce. Under the current system, local councils have footed the bill for disposing of items such as milk bottles, cereal boxes and soup tins using taxpayers’ money. But the new [...]

  • IMF warns UK faces ‘significant challenges’ amid trade war

    July 25, 2025

    The Chancellor could be left at risk of breaking her fiscal rules by unexpected economic shocks and faces “significant challenges” in delivering the government’s agenda, the International Monetary Fund (IMF) has warned. The IMF said the UK’s “limited” so-called headroom on its public finances gave little room to manoeuvre and called on Rachel Reeves to [...]

  • London Foundation for Banking & Finance appoints new trustees

    July 23, 2025

    The London Foundation for Banking & Finance (LFBF) has appointed three new trustees, drawing from the top ranks of the finance, insurance, and private equity sectors. Stephen Mann, Quentin Nason and Steve Darrington were named as the newest members of the foundation’s board of trustees. Mann, a seasoned insurance executive and former CEO of the [...]

  • Retail profit warnings more than double as high street pressures mount

    July 21, 2025

    Profit alerts among retailers more than doubled in the second quarter as consumers reined in their spending and firms faced soaring wage costs, according to a report. The latest report from EY-Parthenon also revealed that overall profit warnings among UK-listed firms jumped by a fifth year-on-year in the second quarter – with a record proportion [...]

  • London Waterloo: Disruption after major signalling failure

    July 21, 2025

    A major signalling failure at London Waterloo has caused severe disruption, with trains unable to use 14 platforms at the station, according to a rail company. South Western Railway (SWR) asked customers not to travel on its services on Monday morning in a statement posted on social media. Passengers have been told that they will [...]

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