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      Healey’s cost of living battle just got harder as workers face ‘real terms pay cut’

      Patrick Healey in a suit with a red tie, looking contemplatively to the left, with an American flag behind him.

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  • Healey’s cost of living battle just got harder as workers face ‘real terms pay cut’

    Economics

    Andy Burnham and John Healey have spoken at length about efforts to provide “breathing space” to both households and businesses. This task at next week’s Budget has now become more difficult.  Over the summer the jobs market continued to weaken. Workers are at risk of being worse off while job seekers are finding it harder [...]

    Patrick Healey in a suit with a red tie, looking contemplatively to the left, with an American flag behind him.
  • Why the Whitechapel Gallery is a top contender for a Toast the City award

    Toast the City

    Discover why Whitechapel Gallery’s 125-year legacy, landmark exhibitions and community role make it a leading Toast the City Awards contender.

  • August Breaks UK Credit Card Record as Balances Soar

    Business Wire

    FICO UK Credit Card Market Report suggests risk teams must closely monitor payment rates and overlimit usage as rising inflation adds to financial pressure for consumers

  • Google Cloud outage: Revolut, Lloyds, Rightmove services disrupted

    October 20, 2026

    An outage at Google Cloud has led to a major services disruption across British giants on Tuesday. Google Cloud confirmed it was facing “issues” in its “europe-west2 region,” which refers to London according to the firm’s service table. It has affected dozens of websites across the UK, spanning banks, delivery services and retail brands. The [...]

  • Job vacancies fall below 700,000 for first time in over five years

    October 20, 2026

    Job vacancies have fallen below 700,000 for the first time in over five years, official data has shown, as the UK labour market continued to show signs of weakening. The Office for National Statistics (ONS) said vacancy levels decreased in the three months to September by 21,000. It means the number of job vacancies stood [...]

  • The Chancellor should be brave and reform the OBR

    October 20, 2026

    Reforming the OBR will take courage, but it would well be worth it, writes Michael Martins in today's Notebook.

  • Midday Markets: The one tax you could bank on

    October 16, 2026

    The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon, chews over the government’s plans for a windfall tax on banks. Sign up to the City AM News Updates newsletter here. It was, in [...]

  • Bailey: Businesses trying not to pass costs on to consumers

    October 16, 2026

    Bank of England governor Andrew Bailey has said businesses are resisting decisions to pass higher energy costs onto consumers and instead looking to narrow margins and find other savings.  Speaking at an International Monetary Fund event in Bangkok, Bailey said firms were “clearly squeezing margins as well as cost cutting” in order to deal with [...]

  • IMF boss warns on AI ‘tax erosion’ if jobs are wiped out

    October 15, 2026

    The head of the International Monetary Fund has warned financial ministers that widespread AI adoption could erode tax bases across the world as incomes are squeezed by the technology. Kristalina Georgieva, the managing director of the IMF, said governments may be ill-prepared for a potential slump in tax revenue brought on by AI’s impact on [...]

  • Midday Markets: Is the UK economy ‘back’?

    October 15, 2026

    The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon, assesses whether August’s positive GDP figures are a sign of a revival in the UK economy. Sign up to the City AM News Updates [...]

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