Here’s what to expect on Budget day November 24, 2025 An unusually late and extraordinarily widely briefed Budget has attracted more nerves and anticipation than any in recent memory. So when Rachel Reeves takes to the dispatch box just after midday on Wednesday, she is set to do so with the knowledge that her fate – and the Prime Minister’s – rest on placating at [...]
PM set to formally approve new Chinese embassy November 21, 2025 Sir Keir Starmer is expected to give his formal seal of approval to a controversial new Chinese mega-embassy at Royal Mint Court, with the backing of the security services. According to a report in The Times, the approval is set to be a ‘formality’. The Home Office and Foreign Office – and, by extension, MI5 [...]
Andy Haldane: Budget speculation is hitting growth November 17, 2025 Former Bank of England chief economist Andy Haldane has said there is “without a shadow of a doubt” a direct link between feverish Budget speculation and sluggish growth in the UK economy. In an interview on Sky News on Monday morning, the incoming president of the British Chamber of Commerce (BCC) told Sophy Ridge that [...]
FTSE 100 Live: Budget and bubbles continue to set agenda November 17, 2025 Good morning and welcome back to the City AM liveblog. We are now just over a week out from the Labour government’s second Budget and last week rogue Westminster briefings sent ripples through markets. After continuous weeks and media outings teasing a manifesto-breaking income tax hike, the government rowed back with several reports pointing to [...]
FTSE 100 Live: Income tax U-turn throws Budget into chaos November 14, 2025 Welcome back to the City AM markets liveblog. Government fiascos are the story of the week and each one is sending ripples across markets. Whilst earlier this week it was a Westminister briefing war with Downing Street appearing to turn on its own out of leadership threats, today it is the Treasury in the hot [...]
Will rich New Yorkers flee to London to escape Mayor Mamdani? November 11, 2025 In a rare reversal of the slow march of UK wealth towards the US – from entrepreneurs upping sticks to companies switching listings – New York City’s incoming hard-left mayor looks set to nudge some of the city’s richest towards London. American arrivals into the UK could soon be made up of an unlikely coalition [...]
Trump threatens BBC with $1bn lawsuit November 10, 2025 Donald Trump has threatened to sue the BBC for $1bn for the editing of a speech by its Panorama programme. The Corporation has been given a deadline of Friday 14 November to make a “full and fair retratction” of the documetary ‘Trump: A Second Chance?’. BBC chair Samir Shah has apologised for an “error of [...]
FTSE 100 Live: Diageo taps new top chief; private equity swoop November 10, 2025 Good morning from the City AM liveblog team, It’s a new week in the City and markets will be hoping for a recovery rally after tech jitters sent stocks deeper into the red on Friday. There’s a mixed bag of factors weighing on global indexes, namely the ongoing government shutdown in the US and the [...]
Skybus steps in to save Cornwall-London route after Eastern Airways collapse November 7, 2025 Cornwall Council has struck an interim deal with airline Skybus to restore a flight route between Cornwall and London, after previous provider Eastern Airways went into administration. The new service is expected to start from late November, with 70-seat planes running daily and ultimately ramping up to twice-daily on week days by February of next [...]
Top New York investor offers to work with Zohran Mamdani November 5, 2025 One of New York’s most renowned investors struck a conciliatory tone with the city’s newly elected mayor, Zohran Mamdani, having donated over $1m to rival candidates during the campaign. Bill Ackman congratulated the Democratic socialist on his victory in a post on X and said: “Now you have a big responsibility. If I can help [...]
