Sunak calls for minimum wage quango to be abolished May 24, 2026 Former Chancellor and Prime Minister Rishi Sunak has said that his decisions to hike the national minimum wage backfired as he called for a quango overseeing low pay to be abolished. Sunak appeared to admit that his decision to increase the national living wage has contributed to job struggles faced by young people. In an [...]
‘Economic catastrophe’: Social media and welfare state ‘to blame’ for youth unemployment May 23, 2026 Social media and the welfare state are pushing Britain towards an “economic catastrophe” over youth unemployment, a landmark government review has found. Smartphones have “rewired” the brains of young adults and left them trapped in unemployment, former health secretary Alan Milburn has found in an official report commissioned by Sir Keir Starmer. Labour ordered the [...]
Enhanced Games sells drugs and true cost won’t be known for many years May 23, 2026 The first Enhanced Games takes place in Las Vegas on Sunday. For the unfamiliar, the Enhanced Games, as its website proclaims, “celebrates human potential through safe, transparent enhancement, offering fair play, record pay and unmatched athlete care”. Or, as CNN called it, “a doping free-for-all”. It’s actually somewhere in the middle, as Enhanced athletes are [...]
Oyster Shed: Jeremy Clarkson’s Hawkstone helps pub chain Young’s to biggest day of takings in 200 years May 22, 2026 One of the Square Mile’s best-known watering holes has marked the biggest single day of takings of any venue owned by pub chain Young’s since it was founded nearly 200 years ago, City AM can reveal. And the Oyster Shed had a helping hand from one of the best-known names in UK television: Jeremy Clarkson, [...]
As it happened: Stocks jump on peace hopes; Reeves hit by falling retail sales and surge in borrowing May 22, 2026 Good morning and welcome back to the City AM liveblog. Oil prices remain volatile and heightened as peace talks in the Middle East continue to run into stumbling blocks. Brent crude futures were up to $104 this morning following reports that Iran’s Supreme Leader was ordering for the nation’s enriched uranium reserves to remain in [...]
This shocking West End play is like Netflix’s Adolescence but live May 21, 2026 Equus play review and star rating: ★★★★ If a psychological drama about a teenager with an erotic fixation on horses sounds controversial, imagine how the idea landed 53 years ago. Peter Shaffer’s Equus is still platforming taboo-breaking conversations around mental health 53 years after its world premiere, which is probably more a criticism of our [...]
Everest Establishes Joseph V. Taranto Scholarship to Advance Commitment to Developing Future Leaders May 21, 2026 Everest Group, Ltd. (NYSE: RE) (“Everest”), a global underwriting leader, today announced the inaugural recipient of the Joseph V. Taranto Scholarship, an annual renewable award and part of the company’s broader commitment to expanding opportunity and developing the next generation of leaders. Established by Everest and its Board of Directors in honor of former Chairman [...]
Middle East conflict revs up costs for young drivers May 21, 2026 Costs for drivers under the age of 25 are rising despite a drop in insurance premiums, largely driven by fuel hikes from the fallout of the Middle East conflict. Fuel costs for young drivers rose by 18 per cent in 2026 compared to 2025, with the average annual bill spiking from £833 to £981, according [...]
Alkermes Showcases Data From Psychiatry Portfolio and Sleep Research into Real World Patient Experience at Spring 2026 Scientific Conferences May 21, 2026 – Real-World Evidence of Positive Impact of LYBALVI® (olanzapine and samidorphan) on Treatment Patterns and Rates of Relapse Among Patients with Schizophrenia or Bipolar I Disorder, Including Young Adults – – APA Plenary Presentation Highlights Recent Clinical Data, Including Results for Negative Symptoms and Outcomes From Four Years of Treatment, and Real-World Evidence From Use of LYBALVI (olanzapine and samidorphan) in Clinical Practice –
More Brits ditch UK than thought as net migration halved May 21, 2026 More British nationals have ditched the UK than previously thought as the Office for National Statistics said net migration halved between 2024 and 2025. The ONS said that 246,000 British nationals left the UK in 2025, with two thirds of people being aged 16 to 34. This was a decline from 2024 when 257,000 British [...]