By: Matt Kenyon

Digital Editor Matt Kenyon is City AM's Digital Editor. He oversees digital strategy for editorial, whilst writing the odd feature for the paper and co-hosting the Business As Usual podcast. You can reach him at matt.kenyon@cityam.com

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Pension death tax will punish millions of savers, says advisory firm

March 5, 2025

Planned government changes to pension taxes must be dropped, according to City experts. Advisory firm Blick Rothenberg has slammed the move as a “poorly conceived policy change [that] penalises prudent savers and their loved ones through double taxation.” The pension reforms – announced in October’s Budget and set to kick in from April 2027 – [...]
UK business confidence in crisis, new report says

March 5, 2025

More than three quarters of bosses have low confidence in the UK business environment, according to a survey by the Adam Smith Institute (ASI) think tank. The ASI Business Confidence Survey took the temperature of 192 business leaders, who between them represent 100,000 employees – from sectors including finance, retail and manufacturing. It paints a [...]
Chancellor lining up billions in spending cuts as fiscal headroom wiped out

March 5, 2025

The Chancellor Rachel Reeves is preparing to announce “major measures” including substantial spending cuts to a number of government departments – including welfare – in the Spring Statement. According to BBC News, sources said that “the world has changed” since the Budget, and that £9.9bn in fiscal headroom projected by the Office for Budget Responsibility [...]
Trump ‘just getting started’ as tariffs take hold

March 5, 2025

In a major joint address to Congress Monday night, a defiant President Trump declared that he is “just getting started” as the backlash to the new Administration’s tariffs against Canada and Mexico intensifies. Trump gave this major speech on the day that he delivered a key campaign pledge, to impose sweeping taxes on the US’s [...]
FTSE Russell to allow Euro and Dollar share prices

March 4, 2025

FTSE Russell have announced that companies with a Euro or a Dollar share price will be allowed to list on the FTSE UK index from September. Currently, only securities trading in Sterling are eligible for inclusion – but there will still be requirements around UK nationality when listing. No companies currently have the ability to [...]
CBI: Consumer spending slump deflating private sector confidence

March 3, 2025

Sluggish consumer spending is damaging the private sector, according to new CBI data that shows business volumes declining faster than in the last quarter. The CBI has projected that private sector activity will fall for a fourth consecutive quarter in the three months up to May, with a 23 per cent drop in activity for [...]
FTSE 100 giants Rolls-Royce and BAE Systems surge following Ukraine defence summit

March 3, 2025

UK and European defence shares rose to near-record highs on Monday morning lead by names such as Rolls-Royce and BAE Systems, after the defence summit in London, at which European leaders emphasised support for Ukraine and pledged to raise defence spending. The STOXX 600 rose 0.4 per cent boost, following ten consecutive weeks of gains [...]
Starmer to present Ukraine plan to parliament after frantic diplomatic weekend

March 3, 2025

Sir Keir Starmer is set to make a statement in the Commons this afternoon to present a plan forged with President Macron over the weekend for a European “coalition of the willing” to guard a peace process in Ukraine. The prime minister will take questions from MPs from 15:30, with an opposition response from Conservative [...]
Starmer under US pressure to reject Chinese “super-embassy” in London

February 27, 2025

Two senior figures in US-China relations in Congress have called on Lord Mandelson to block the development of a huge 700,000 square foot Chinese ‘super-embassy’ in the heart of London – in a fresh diplomatic headache for Sir Keir Starmer ahead of his crucial meeting with President Trump. Reps John Moolenaar and Chris Smith, in [...]

Airlines clash over Heathrow regulation

Sport expects true fan Andy Burnham to take a leaf out of John Major’s book

Jamie’s Italian is awful but don’t worry, there are some great new Mediterranean restaurants too

By: Matt Kenyon

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