Local elections 2026: City awaits ‘significant’ event for Labour leadership May 7, 2026 City giants have warned today’s local elections will be “significant” for market pricing, with traders keeping a close eye on possible leadership moves made by the likes of Angela Rayner and Andy Burnham. Several financial behemoths have lined up to warn investors that results across the country over the coming days could be unusually important [...]
Revealed: The 2026 City AM Awards Winners May 7, 2026 Around 500 guests enjoyed a night of celebration at London’s Guildhall on Wednesday 6 May where the winners of the 2026 City AM Awards were crowned. From 60 finalists across 12 categories, the judges chose their champions. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of [...]
London local election results 2026: Labour lose Westminster as Tories take control May 6, 2026 CLICK HERE to view all the latest London election results The Conservatives have gained Westminster City Council from Labour after losing in 2022. The Tories pinched nine seats from Labour, who slumped to 22. No surprise now that, as earlier reported, the atmosphere among Tory campaigners in Westminster was jubilant. CLICK HERE to view all the latest [...]
London local elections 2026: Conservatives HOLD Kensington and Chelsea May 6, 2026 Kensington and Chelsea has been held by the Conservatives. The Tories comfortably retained the affluent borough, holding their seat count at 36. The Labour Party saw its seat count nearly halved, to seven, as the Lib Dems remained on two seats. The Green Party took one seat and one independent candidate was elected. Kensington stays Tory Kensington [...]
Alex Dilling: Mastering the art of French cooking May 6, 2026 After honing his craft under two titans of French cooking, Alex Dilling now presides over one of London’s most refined dining rooms. His double Michelin-starred restaurant at Hotel Café Royal is a masterclass in modern haute cuisine, writes Carys Sharkey. As a teenager in sunny, expansive California, Alex Dilling thought he’d be a punk rocker, [...]
Iran war costs Next £47m and may drive up prices May 6, 2026 Retail giant Next has said the ongoing disruption caused by the Iran War has hit it with a £47m increase in costs from climbing energy and transport prices. The FTSE 100 retail and homeware company said that the £27m increase, a sharp rise from it’s previous forecast of £15m, relates mainly to spikes in energy [...]
‘Political choice’: Retailers urge government to act on rising costs May 6, 2026 Retailers have urged the government to cut tax and red tape to counter soaring energy costs caused by the Iran war. The British Retail Consortium (BRC), an industry trade body, has accused Labour of making a “political choice” not to cut energy taxes and delay costly regulation to avoid the worst shop inflation. The effective [...]
FTSE 100 Live: Stocks jump; oil dips below $100 as Trump says Iran deal close May 6, 2026 Good morning and welcome back to the City AM liveblog. Brent crude dipped below $100 at Wednesday lunchtime after Donald Trump has hailed “great progress” towards a “final agreement” with Iran, prompting a rally in the FTSE, Asian markets and Wall Street. In a sudden reversal late last night, President Trump said he will pause [...]
Bournemouth: Vitality Stadium expansion setback hits European plans May 6, 2026 Bournemouth’s plans to redevelop the Vitality Stadium ahead of a potential first season in Europe have been hit by delays. In what has been a remarkable season, it is still on the cards for the south coast club to qualify for the Champions League. They sit sixth in the Premier League, which will earn a [...]
Gilt traders fear Labour electoral losses May 4, 2026 A widespread defeat for Labour in Thursday’s regional elections could trigger a “swing to the left politically” investors have warned, putting further pressure on government borrowing costs that are already at their highest levels since the financial crisis. Polling has suggested Labour is set to lose over 1,000 seats to other parties, including leftwing Green [...]