Welfare: Starmer’s authority shattered as Reeves faces £5bn headache July 2, 2025 Sir Keir Starmer has suffered a devastating hit to his authority whilst a £5bn spending headache looms for Rachel Reeves following the government’s u-turn to avoid a catastrophic defeat of its welfare bill. Just days away from his one year anniversary in Downing Street, the PM faced the most substantial backbench rebellion of his premiership [...]
Labour urged to scrap state pension triple lock July 2, 2025 The government should scrap the £145bn triple lock on the state pension and employers should automatically contribute to private pensions, the Institute for Fiscal Studies (IFS) has said. Labour’s election manifesto last year said it would commit to keeping the state pension, while the Conservative Party pitched a ‘triple lock plus’ pension that would increase [...]
Aston Villa sign UK licensed Xapo Bank as club partner July 2, 2025 UK licensed crypto firm Xapo Bank has partnered with Premier League club Aston Villa in a deal that will see them become the official partner of the club’s pre-season tour to the United States. The self proclaimed “pioneering private bank” was established in 2013 and last year passported its banking licence to the UK. And [...]
Whisky Business: Commando Spirit’s unique brand July 2, 2025 Whisky Business: City AM’s monthly look at the world of whisky. A handful of big-name brands dominate the world of whisky, but there’s a growing number of smaller, artisan whisky brands carving out niches in the market. One of these is Commando Spirit, the brainchild of retired Royal Marines Brigadier Rory Copinger-Symes CBE. Commando Spirit is [...]
BBC facing fight to retain £60m Wimbledon broadcast rights July 2, 2025 The BBC faces the prospect of having to significantly increase its rights fee to the All England Club to extend their exclusive coverage of Wimbledon beyond 2027 amid increased competition for tennis amongst broadcasters. While Wimbledon’s status as a Category A “crown jewel” event means live coverage has to remain available on free-to-air channels, the [...]
Built to Scale: Why the capital’s most innovative businesses are moving to Design District July 2, 2025 On a bright, sunny day on Greenwich Peninsula stands an enclave of 14 modern, uniquely designed buildings. Just one stop from Canary Wharf on the Jubilee Line and only 9 minutes from London Bridge, Design District is ideally situated near North Greenwich station, with the O2 Arena and the River Thames just moments away. What [...]
The Debate: Should there be a legal maximum temperature for offices? July 2, 2025 As London summers heat up, is it time the UK mandates a maximum working temperature for the office? Two writers go head to head.
Keir Starmer urged to slash number of graduate visas July 2, 2025 Prime Minister Keir Starmer has been urged to scrap the graduate visa for thousands of international students as universities have provided “backdoor access” for longer-term settlement, according to a leading think tank. The government unveiled its immigration white paper aimed at getting net migration levels down, with the period during which graduates are able to [...]
To find out who’s to blame for economic uncertainty, reeves should look in the mirror July 2, 2025 Household spending is down £50bn since last year. It’s hardly surprising there’s so much uncertainty in the economy given the relentless negativity of the Chancellor herself, says Paul Ormerod Households in Britain are still saving large chunks of their incomes. The Office for National Statistics (ONS) confirmed this week that the percentage of income saved [...]
We will all pay the price for Starmer’s weakness on welfare July 2, 2025 Keir Starmer is a weak Prime Minister and parliament has proved it can’t condone any reduction in public spending. This will end very badly, says Simon Clarke The collapse of Labour’s plans for welfare reform marks the end of its first year in government – and perhaps the end of any kind of serious reforming [...]