Dan Neidle: too many of our taxes make no sense October 14, 2026 We spend a lot of time talking about tax as a revenue raiser and far less time asking whether the taxes themselves make any economic sense. We rarely think seriously about how the design of the tax system itself can encourage or inhibit growth, says Dan Neidle Britain’s demographics are brutal. Spending on health and [...]
How bad has the ‘cost of living crisis’ really been? October 14, 2026 The 'cost of living crisis' has become a well-worn phrase over the last four years, but what do the numbers actually say, asks Paul Ormerod.
These are the two things holding back housebuilding October 14, 2026 Falling consumer confidence and severe development unviability are hindering housebuilding. We need a comprehensive strategy including regulatory freezes, a shared equity scheme, and planning reforms to tackle the housing crisis, says Gavin Barwell Everybody knows there is a housing crisis – it has been building for the last 50 years. The victims are all around [...]
Exclusive: Healey looks to lower business costs of hiring young people October 14, 2026 Chancellor John Healey is drawing up measures to slash the cost of hiring under-25-year-olds at the Budget, City AM understands, as the government looks to tackle the crisis of youth unemployment and ease pressures facing businesses. A move to tackle the number of young people not in employment, education or training (Neets) by reducing hiring [...]
Calanda can again be Ascot Champion October 13, 2026 ASCOT’s British Champions Day this Saturday provides a final chance for some of the stars of the Flat season to strut their stuff before the campaign winds down. On a star-studded card, the aim is to hunt out a bit of ante-post value and take on the many short-priced favourites set to line up. There [...]
Midday Markets: The UK economy is a juxtapo-Britain October 13, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon weighs up what Tuesday’s IMF report says about the state of the UK economy. Sign up to the City AM News Updates newsletter here. [...]
Dimon warns of risks ‘under the surface’ as JP Morgan earnings miss October 13, 2026 JP Morgan boss Jamie Dimon has warned of a broad set of economic risks “under the surface” as the Wall Street bank’s earnings missed expectations in the third quarter. The US banking giant reported $50.9bn (£38.4bn) in revenue for its latest three month period, up eight per cent year-on-year. But this undershot the $51.2bn forecast [...]
Lidl snaps up market share as rival Aldi stalls October 13, 2026 Lidl is the fastest-growing grocer in the UK, new figures suggest, as the discount supermarket grabs more market share while its rivals stall. The German discounter held 8.6 per cent of the UK’s grocer market in the 12 weeks to October, according to Worldpanel by Numerator, up from 8.2 per cent a year ago. This [...]
As it happened: FTSE 100 loses early gains as oil prices stay high October 13, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index made strong gains on Monday morning, jumping more than 0.9 per cent soon after the market open. This follows Tuesday’s strong showing, when the index gained nearly one per cent. In a busy morning the corporate results, Premier Inn owner Whitbread hit [...]
Central banks, bond markets and fiscal credibility – why market stability had become political October 13, 2026 Senior central bankers warn that while emergency interventions can buy time during market liquidity crises, long-term financial stability ultimately depends on governments taking decisive political action, says Helen Thomas Two of the world’s most senior central bankers have issued a warning that politicians would do well to heed: governments may believe they have years to [...]