By: Jessica Frank-Keyes

Political Reporter Political Reporter Jessica Frank-Keyes is the political reporter at CityAM. She covers Westminster politics, City Hall, Labour and the Conservative party.

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Jeremy Hunt to sign ‘milestone’ financial services agreement with EU

June 27, 2023

Chancellor Jeremy Hunt will today sign a long-awaited deal with the European Union on improving regulatory cooperation for financial services, in a move that Hunt said will boost the City as a “global financial services hub”. Hunt and EU financial services commissioner Mairead McGuinness will sign a Memorandum of Understanding (MoU) at the European Commission [...]
Covid-19 inquiry: No-deal Brexit prep stopped intensive care drugs ‘running out’, says Matt Hancock

June 27, 2023

Preparations for a no-deal Brexit meant vital intensive care drugs were prevented from running out during the pandemic, Matt Hancock has told the UK Covid-19 Inquiry. Crucial medicines were “within hours of running out” in the midst of the coronavirus crisis, the former health secretary said while giving evidence to the UK’s official inquiry. Asked [...]
NHS bosses urged to ‘get a grip’ as report finds health service falling behind peers

June 26, 2023

NHS leaders have been urged to “get a grip on budgets” as researchers suggested Britain’s health service was falling behind comparable nations. Health think tank the King’s Fund found the UK had “below-average health spending per person” and “lags behind other countries in its capital investment”. And hospitals have “substantially fewer key physical resources” like [...]
AI can be ‘force for good’ but needs regulation, says Keir Starmer

June 26, 2023

Artificial intelligence (AI) can be a “force for good”, Sir Keir Starmer has told a UK-India summit in Westminster. The Labour leader said the invention was an “incredible form of technology” being developed “at pace” – but that the UK needed to develop regulations to monitor its application. Speaking at the UK India week 2023 [...]
Brexit Day: Sadiq Khan ‘effectively banned’ from flying EU flag at City Hall

June 23, 2023

London Mayor Sadiq Khan has been been “effectively banned” from flying the EU flag at City Hall on the seventh anniversary of the Brexit referendum. The European Union flag, which features 12 gold stars on a blue background, was removed from a list of exemptions which do not require planning permission before being flown. A [...]
Hunt and big banks vow to ease mortgage pain with repossessions grace period

June 23, 2023

Mortgage holders will get a 12-month grace period before banks begin repossessions on their homes, Jeremy Hunt has announced, after a crunch meeting with lenders at No11. The Chancellor said ministers were “particularly worried” about people falling behind on payments or having to switch deals at the end of a fixed rate mortgage. He announced [...]
NatWest, Lloyds, HSBC, Barclays and Santander leaders meet Jeremy Hunt in ‘productive’ mortgage crisis talks

June 23, 2023

Bank bosses held a “productive” meeting with Chancellor Jeremy Hunt as the rates increase worsens the mortgage crisis. Natwest chief executive Alison Rose, speaking to reporters as she left Downing Street, said lenders were “doing everything we can” and were “very keen” to help customers. Lloyds Banking Group boss Charlie Nunn described the meeting as [...]
Sunak’s five pledges laid to waste as most Brits say he’s doing a ‘bad job’ – especially on inflation

June 23, 2023

Rishi Sunak asked Brits to ‘judge me on my record”, and it seems that’s exactly what people have done, as three quarters think the prime minister is “doing badly” at cutting inflation. A fresh poll by YouGov laid bare the lack of confidence in the PM this morning, after the group surveyed the public on [...]
Hotel Chocolat shares plummet 13 per cent after profit warning on flagging consumer sentiment

June 23, 2023

Hotel Chocolat shares have plummeted by around 12 per cent as the premium brand is expected to be back in the red. The retailer, which has fallen victim to cash-strapped Brits cutting back on luxuries, said it now anticipates revenue of £201.8m and underlying profit before tax of £0.3m for the 2023 financial year. It [...]
Not ‘sufficient thought’ into stopping Covid-19, Chris Whitty tells inquiry

June 22, 2023

Government “did not give sufficient thought” into stopping the pandemic in its tracks, Sir Chris Whitty has told the official Covid-19 inquiry. The chief medical officer for England has said options to stop a disease outbreak on the scale of coronavirus were not considered fully enough by ministers ahead of the crisis. Giving evidence today, [...]

Sport business quiz 2025: Test your knowledge with City AM’s topical teasers

Sport business quiz 2025: Test your knowledge with City AM’s topical teasers

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By: Jessica Frank-Keyes

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