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      Nearly 1m people to pay higher tax ‘by stealth’

      Tax Trap: Another 74,000 taxpayers were added to the punitive £100,000-£125,000 income bracket during the 2024/25 tax year

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  • Mining boss: Platinum to become a central bank reserve asset

    June 18, 2026

    Central banks could turn to platinum as the next frontier of their shift to bolster reserves with precious metals in favour of the US dollar, the boss of a leading miner has predicted. Valterra Platinum chief executive Craig Miller said that the world’s reserve banks are increasingly likely to view platinum as a safe haven [...]

  • An apology to Keir Starmer

    June 18, 2026

    Footage released of the Russian-organised arsonists who attacked Keir Starmer’s North London home show they pulled off the reprehensible act by drenching a copy of a recent City AM with lighter fluid, before setting it ablaze. At City AM we like to say our paper has an impact that touches the highest levels of government. [...]

  • LLPs remain under watchful eye – especially from the taxman

    June 18, 2026

    Despite dodging Budget day taxes, the UK’s limited liability partnership (LLP) model is still facing intense scrutiny, this time from HMRC, which just had a good result from the top court this week, writes Maria Ward-Brennan. The LLP model, used by professional services such as law firms and accountancy firms, came into force 25 years [...]

  • Healey condemns Reeves: ‘Our adversaries do not follow timetables set by the Treasury’

    June 16, 2026

    John Healey has delivered a stinging criticism of Rachel Reeves’ handling of defence spending, warning that the UK’s enemies “do not follow timetables set by the Treasury”.  In his resignation speech in parliament, the former defence secretary took aim at Sir Keir Starmer and Reeves for failing to fully fund the Defence Investment Plan (DIP), [...]

  • British forces intercept Russian shadow fleet in Channel

    June 14, 2026

    British armed forces have intercepted a Russian shadow fleet oil tanker in the English Channel during the early hours of Sunday morning, the prime minister has said. In an operation lasting six hours, Royal Marine Commandos, alongside specialist officers from the National Crime Agency, intercepted the oil tanker in the Channel. The operation marks the [...]

  • UK Government warns Joe Joyce against travelling to Russia for Moscow fight

    June 9, 2026

    The UK Government has warned Joe Joyce against travelling to Russia after the British heavyweight boxer agreed to fight Artem Suslenkov in Moscow next month. The 2016 Olympic silver medallist will head to the 14,000-capacity VTB Arena next month to take on the unbeaten Suslenkov, from Volgograd, amid Russia’s continued military operation in Ukraine. Vladimir [...]

  • The Bath House banya: Contrast therapy in Belgravia

    June 9, 2026

    Contrast therapy is big business. Steve Dinneen visits The Bath House banya in Belgravia for a traditional sauna and icy plunge It is hard to overstate the meteoric rise in the UK’s hot and cold therapy business. The number of Finnish-style public saunas has grown from around 45 in 2023 to more than 700 today, [...]

  • Government aid ‘worth £28bn’ handed to terrorists, criminals and hostile states

    June 9, 2026

    Billions of pounds of UK taxpayers’ money has been misspent as government aid and Covid relief funds ended up in the hands of terrorists, hostile states and criminal gangs, according to reports.  A Cabinet Office dossier, unearthed by the Telegraph, found that more than £28bn ended up in the hands of the Islamic State and [...]

  • Is ‘disinformation’ really one of the biggest challenges facing London?

    June 3, 2026

    All power to the Lady Mayor and her newly assembled team of City leaders who want to shout from the rooftops about the strengths and assets of our great capital city. Dame Susan Langley will tonight launch a new campaign, Team UK, backed by some of the Square Mile’s biggest business and industry groups, with [...]

  • Top spook says Russia ‘relentlessly targeting’ UK infrastructure 

    May 27, 2026

    One of Britain’s top spooks is set to warn that Russia is “relentlessly targeting” the country’s critical infrastructure as businesses have been urged to take action on cyber security.  GCHQ director Anne Keast-Butler will deliver a speech on Wednesday where she will warn the public about cyberattacks by Russia and other hostile actors targeting the [...]

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