Nigel Farage wins in Clacton – and triggers investigation August 14, 2026 Nigel Farage’s re-election has triggered a parliamentary investigation into his financial affairs after he swept to victory in the Clacton by-election. The Reform UK leader won with over 11,000 more votes than the novelty candidate Count Binface, who was the main opposition after every other major party refused to take part in the poll. The [...]
Brompton Bicycle sues former adviser for ‘professional negligence’ August 13, 2026 Folding bike firm Brompton Bicycle is set to sue its former accounting and tax advisor AAB Group for professional negligence, City AM can reveal. London-based Brompton has launched legal action in the High Court against the Scottish-headquartered business advisory firm, according to court records. The defendants are listed as AAB Business & Tax Advisory LLP, [...]
‘Cost of business crisis’ as government drives up overheads by 70 per cent in a decade August 11, 2026 British companies are facing a “cost of business crisis” as a string of controversial government policies have pushed up an average firm’s expenses by 70 per cent in a decade, one of the country’s largest industry bodies has found. A typical-mid-sized firm is now paying roughly £827,000 more a year than they were in 2016 [...]
Give London power to level up the rest of the country August 6, 2026 If Andy Burnham is to make a success of his devolution agenda he must give London more powers and money to invest in the main drivers of the whole country’s international competitiveness, says Patrick Diamond The new prime minister, Andy Burnham, has put devolution and economic growth at the heart of his government’s narrative. London [...]
Where are Andy Burnham’s economic advisers? August 5, 2026 Andy Burnham’s allies boasted that highly-regarded economists had been lured as advisers. Mauricio Alencar and Ali Lyon report on the non-appointments of some of Britain’s best economists – and what the Prime Minister and Chancellor’s new teams look like. In the end, all it took was a few rumours. In the weeks leading up to [...]
AI powerhouses are betting on London’s future August 3, 2026 London is a truly global city with a world-leading financial sector, a sophisticated and mature technology ecosystem, and the infrastructure to support growth at scale – and with these major recent AI office signings, we are seeing the city endorsed by the businesses shaping frontier technology, says Mike Wiseman In my experience, the property market [...]
Number of British millionaires sinks to lowest level since financial crisis July 28, 2026 The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis as rich residents flee the country due to punishingly high levels of tax and the removal of non-dom status, a fresh study has claimed. Some 442,000 millionaires were listed as residents in Britain in 2025, a seven per [...]
A pragmatic plan for Thames Water July 22, 2026 Public ownership of utilities is a long-held aspiration for Labour’s soft-left, but economic reality dictates it cannot be achieved without derailing the rest of Burnham’s prime ministerial agenda, says Mark Field Andy Burnham’s first priority as Prime Minister must be to stamp his authority over the role – something that’s proved impossible for his five [...]
Four charts revealing scale of Andy Burnham’s economic challenge July 21, 2026 Andy Burnham has harboured ambitions to be Prime Minister for over a decade. But the economy he is inheriting will take the shine off his lofty hopes – just look at these four charts. As he stepped out onto Downing Street for the first time as Prime Minster, Andy Burnham allowed himself to break out [...]
Wealthy Brits fear Burnham tax consequences July 20, 2026 Wealthy Brits are bracing for a major shake-up of the tax system, as the UK’s new prime minister looks for ways to fund fresh spending commitments. Prior to taking office, Andy Burnham had already hinted at plans over how the country should be taxed. The Makerfield MP has so far refused to rule out a [...]