Bonus season and the illusion of wealth February 11, 2026 As bonus season begins across the City, many higher earners continue to struggle to manage the difference between headline pay and usable cash Headline pay figures for City bonuses always grab attention and this year the expectation is cash bonuses will not disappoint. For many city professionals this is the moment to build liquidity, buy [...]
Landlords ‘underestimated’ scale of business rates overhaul February 11, 2026 The architect of Labour’s business rates overhaul has blamed the political backlash to the controversial policy on landlords and industry chiefs not fully understanding that a pandemic-related subsidy was coming to an end. Treasury minister Dan Tomlinson told MPs that business owners were taken off-guard by the scale of their tax rise because they weren’t [...]
Starmer only cares about victims ‘to save his skin’, Badenoch blasts February 11, 2026 Sir Keir Starmer faced a brutal grilling at Prime Minister’s Questions on Monday where Kemi Badenoch accused the Prime Minister of only caring about victims of sexual abuse “to save his skin”. In a fiery exchange that was highly party-political but light on policy, the Labour leader said he had “accepted responsibility and apologised for [...]
Bar of the week: Why Three Sheets is a little slice of old Soho February 10, 2026 Three Sheets Soho | 13 Manette St, W1D 4AP This new column celebrates the great drinking holes of London, the pubs and bars that keep the capital lubricated despite the government’s best attempts to send them crashing out of business. Last week I profiled The rising Sun, the Victorian gin palace that claimed our Best [...]
Khao Bird: Top Thai restaurant takes over Soho’s last dirty cinema February 10, 2026 What could be a greater sign of the times than a hip pop-up restaurant opening on the site of Soho’s last adult cinema? It’s over! Soho’s dead! First they closed the late night drinking dens and then they pushed out the brothels and now there’s nowhere to watch grubby movies. The final remnants of seedy [...]
Keir Starmer must find ‘more inclusive way’ to run Labour, says Andy Burnham February 10, 2026 Andy Burnham gave Sir Keir Starmer a lukewarm endorsement on Tuesday, urging the Prime Minister to lead a stronger and more united government amid continued questions about his leadership. The Mayor of Greater Manchester called for stability, but argued that this could only be secured through “a more inclusive way of running the party”. “We [...]
‘Thai fantasy’: the 7 best hotels in Thailand (one for every mood) February 10, 2026 Thailand has more hotspots than I have excuses to go back, with a stay for every mood. You can come to explore or to retreat, to detox with conviction or undo it just as efficiently. Between the Andaman’s limestone-framed bays, Bangkok’s kinetic sprawl, and the mist-slicked jungles of the north, it is Southeast Asia’s great [...]
Barclays boss calls for political ‘stability’ as banker’s pay packet swells to £15m February 10, 2026 The boss of British banking giant Barclays has called for “stability” across the political landscape as the Labour government’s future faces uncertainty. CS Venkatakrishnan, the bank’s chief executive who is known as Venkat, faced questions on the turmoil in Number 10 after Barclays published its full-year earnings report. “From the point of view of businesses [...]
FTSE 100 Live: BP tumbles on buyback suspension, Barclays profit boost February 10, 2026 Good morning and welcome back to the City AM liveblog. It was a rocky day for bond markets on Monday as political jitters rippled through the City. The 10-year gilt yield – a key benchmark for the government – rose as much as 10 basis points to 4.62 per cent following news that Scottish Labour [...]
Starm before the storm? PM survives the day but crisis still looms. February 10, 2026 Sir Keir Starmer has insisted he is “getting on with the job” following a punishing 24 hours in which he lost his Chief of Staff, his Director of Communications and the support of Labour’s leader in Scotland as the fallout from the Peter Mandelson scandal threatens to collapse the government. As leadership speculation continued to [...]