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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FCA will ‘keep its eyes’ on banks’ Q1 results for evidence of savings rate profiteering

April 20, 2023

Savers are facing a rising “loyalty penalty” from high street banks, the Financial Conduct Authority (FCA) has warned. Customers banking with the UK’s big name lenders are likely to earn less competitive interest rates on their savings over time, while new savers are given more attractive offers, the City watchdog told MPs today. “Harm” from [...]
UK military may break NATO pledges, MPs warn

April 20, 2023

The UK’s plan for arming its military is a “broken system” and government ministers may struggle to meet crucial commitments to NATO, a prominent group of MPs has warned. A critical report into the Ministry of Defence’s (MoD) plans to buy military equipment found a “cycle of costly delay and failure” and an ignoring of [...]
SNP treasurer Colin Beattie steps down from role after arrest

April 19, 2023

SNP MSP Colin Beattie will step down as the party’s treasurer after he was arrested in connection with a police investigation into the party’s finances, he has said. In a statement released through the party, Beattie also confirmed he will be “stepping back” from his role on Holyrood’s Public Audit Committee until the probe has [...]
Minister Paul Scully ‘considering’ running for London mayor in 2024

April 18, 2023

Minister for London Paul Scully said today he is “considering” running against Sadiq Khan to be the next London mayor in 2024. Speaking at a Centre for London event today, Scully said: “Let me tackle this head on, am I considering running for London mayor in 2024? Yes, I am considering it. I haven’t made [...]
SNP treasurer Colin Beattie arrested in party finance probe

April 18, 2023

The Scottish National Party’s (SNP) treasurer Colin Beattie has been arrested in a police probe into the party’s finances, according to reports. Beattie, 71, is under arrest in connection with the ongoing investigation into the funding and finances of the party, Police Scotland has said, the PA news agency has reported, In a statement, the [...]
Regulators must be kept in check, Tory MPs warn

April 18, 2023

Tory MPs have warned powerful regulators operating “largely unchecked” are holding back the UK’s economy and “directly hindering” the country’s growth prospects. The backbench Regulatory Reform Group (RRG) has called for increased parliamentary oversight of the UK’s regulators – from water and energy watchdogs Ofwat and Ofgem to banking supervisor the Financial Conduct Authority (FCA). [...]
US says G7 will resist Chinese ‘coercion’ as Taiwan tensions heighten, per reports

April 18, 2023

A US official has said the G7 nations will resist any “coercion” from China during a key summit in Japan, as tensions heighten over Taiwan, according to reports. Foreign ministers from the Group of Seven countries – the UK, the US, Germany, France, Japan, Canada and Italy – are meeting in the central Japanese city [...]
Retail groups call for business rates reform to save Britain’s high streets

April 17, 2023

Retail and hospitality groups have called for urgent reform of business rates, which are contributing to shop closures and job losses. “Retail accounts for 5 per cent of the economy but pays more than one-fifth of business rates,” Helen Dickinson, British Retail Consortium (BRC) chief executive, said. “The overall industry tax take is unsustainably high [...]
Business groups ‘welcome’ maths focus to plug ‘skills gap’

April 17, 2023

Business groups say Rishi Sunak’s focus on maths is a “welcome” measure to plug key “skills gaps” as Britain goes for growth, despite concerns over a lack of teachers. The Prime Minister has unveiled plans to transform the UK’s approach to maths education, including an expert advisory group, maths hubs and a new primary teaching [...]
Rishi Sunak: PM under investigation for possible failure to ‘declare interest’

April 17, 2023

Prime minister Rishi Sunak is under investigation by the Parliamentary standards watchdog over the possible failure to declare an interest. The House of Commons Standards Commissioner looks at evidence to determine whether individual MPs may have broken the rules of conduct. An investigation was opened into Sunak, who is also MP for Richmond in Yorkshire, [...]

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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