Aldi boss wades into supermarket ‘price-gouging’ row August 16, 2026 The boss of Aldi has waded into the bitter row over whether supermarkets are profiteering off of struggling customers as he backed a government crackdown on “rip-off” discounts. Giles Hurley, the chief executive of the discount grocer, said the government is “right” to take on misleading discounts and promotions “in their work to tackle cost [...]
Soaring energy bills set to fuel inflation spike August 16, 2026 Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer boost to the economy could be fleeting. The rate of Consumer Prices Index (CPI) inflation is tipped to rise to 2.9 per cent in July, climbing from June’s 15-month low of 2.6 per cent, when the Office [...]
Summer loving! 9 amazing things to do in London this August August 13, 2026 We round up the best things to do in London this August Are you staying in the City this month, or fleeing the urban heat to enjoy these climes somewhere more appropriate, like a beach? If you’re staying put in the Square Mile this August, fear not: we’ve got you covered. Here are some of [...]
War and tax: How the UK economy could get knocked off course August 13, 2026 Labour ministers may have some reason to be cheerful about the UK economy’s performance. Torsten Bell, the pensions minister who has long desired top jobs in the Treasury, lambasted “gloomsters” shortly after official data revealed growth in the second quarter of the year was 0.4 per cent. Even Rachel Reeves, who has remained largely silent [...]
UK economy weathers Iran war shocks but slowdown incoming August 13, 2026 The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign that businesses and consumers have so far weathered the worst shocks of the war in Iran. The growth figure from the Office for National Statistics was in line with analysts’ expectations but came alongside a surprise boost [...]
Ten bold ideas to fire up the British economy August 13, 2026 City AM is about to take its traditional two-week break from printing the newspaper. Very French of us, I know. Don’t worry – the team’s not going anywhere and the website, app, newsletters and studios will continue to fire on all cylinders. But since this is the last Editor’s Letter I’ll pen before we fire [...]
Emergency government meeting held over high temperature amid ‘strain on public finances’ August 12, 2026 The government will hold an emergency meeting to discuss the country’s response to this summer’s high temperatures and drought amid fears that it will add a “strain” on the public finances. Prime Minister Andy Burnham will chair the ‘Cobra’ meeting of ministers overseeing health, water, housing and local government, as well as officials from agencies [...]
Doctors union tops up £1m reserve pot for strikes August 12, 2026 The trade union for doctors has stashed away hundreds of thousands of pounds more to fund future strike action despite posting another year of losses, new accounts reveal. The British Medical Association (BMA), which represents over 200,000 doctors and students, put aside around £300,000 more funds towards its reserve for industrial action last year, according [...]
Tui hit by Middle East travel chaos and rising fuel costs August 12, 2026 Tui has suffered a slip in earnings at its airlines business as the Iran war continues to wreak havoc on global tourism routes and spike fuel prices. The Frankfurt-listed group, which is the world’s largest travel and tourism firm, swung to a €17m loss in its airlines arm in the six months to June, reversing [...]
The Burnham bounce won’t last unless Brits get better off August 12, 2026 Andy Burnham’s approval ratings are soaring but Labour’s overall vote has only moved moderately. The real test will be the Budget, says Matthew Lesh Andy Burnham has undoubtedly had a significantly stronger start to his premiership than Keir Starmer. Just two years ago, the government got off to a rotten beginning by signalling tax rises [...]