Arrogant Labour has played fast and loose with the jobs market December 17, 2025 As the first full calendar year of life under this Labour government comes to a close, it’s an appropriate time to reflect on how they’ve done and how their promises to renew Britain marry up with reality. How can I put this delicately? Ministers should slope off to their constituencies this Christmas with their heads [...]
‘Picking winners? This is about backing champions’ – Reform’s Zia Yusuf on a radical approach to business December 16, 2025 Reform has by any measure enjoyed an incredible 2025. But for much of the poll-topping year, its economic vision has remained an unknown entity. Ali Lyon met policy chief Zia Yusuf to hear, for the first time, his party’s plans for Britain’s flatlining economy and the millions of businesses in it. Zia Yusuf is feeling [...]
Labour is weaponising public inquries December 15, 2025 The UK has a record number of public inquiries, but the government appears to approve them selectively — embracing those that blame ideological opponents while delaying or resisting those that might implicate current ministers, writes Eliot Wilson Do you know how many public inquiries are currently taking place or agreed in the UK? I’ll tell [...]
Bank of England poised to slash interest rates December 13, 2025 The Bank of England is expected to cut interest rates by 25 basis points to their lowest level in nearly two years at a crunch decision next Thursday. Markets and leading economists have priced in a cut to Bank Rate to 3.75 per cent amid fears activity in the UK economy is stalling and the [...]
FTSE 100 Live: Blow for Reeves as economy shrank ahead of Budget December 12, 2025 Good morning and welcome back to the City AM liveblog. Today fresh economic data has given another crucial assessment of the Chancellor’s growth agenda. The UK economy shrank 0.1 per cent in October as businesses paused investments amid consistent rumours around upcoming tax hikes in Rachel Reeves’ second Autumn Budget. A Bloomberg poll of City economists had predicted the Office [...]
Rachel Reeves’ Budget was ‘monumentally mishandled,’ says London-listed bank December 11, 2025 A London-listed bank has given its scathing assessment of Rachel Reeves’ second Autumn Budget and warned of the impact it will have on consumer confidence. S&U – which was founded in 1938 and once known as Sports and Utilities – said the performance of its motor finance and property financing arms was “remarkably resilient given [...]
Auditor MHA queried source of funds in Sanjeev Gupta-owned firms before resigning December 11, 2025 MHA queried the source of funds for various intercompany transactions before resigning from an engineering firm owned by metals magnate Sanjeev Gupta, City AM can reveal. The London-listed accounting firm has stepped down as auditor of Wolverhampton-based Clydesdale Engineering, an automotive and defence manufacturer owned by Gupta’s Liberty Steel Group, part of his GFG Alliance [...]
The Capitalist: Feeling Bullish Lord Cameron? December 11, 2025 David Cameron’s selective memory, a smooth landing for Andrew Bailey and a lack of Christmas spirit at ARM in this week’s Capitalist David Cameron recently celebrated the 20 year anniversary of his election as leader of the Tory party, which he won on a platform of modernising the Conservatives. His days in the notorious Bullingdon [...]
Rachel Reeves: Leak to the FT was inaccurate December 10, 2025 Chancellor Rachel Reeves slammed briefings provided to media outlets in the lead-up to the Budget as she referred to a specific Financial Times news report which had “partial and inaccurate” information. In a Treasury Select Committee hearing on Wednesday morning, the Chancellor hit out at leaks in the months leading up to the Budget, adding [...]
Auditor MHA resigns from Sanjeev Gupta-owned engineering firm December 9, 2025 MHA has resigned as auditor for a subsidiary of the beleaguered metals group controlled by tycoon Sanjeev Gupta, City AM can reveal. The London-listed accounting firm has stepped down as auditor of Wolverhampton-based Clydesdale Engineering, an automotive and defence manufacturer owned by Gupta’s Liberty Steel Group, part of his GFG Alliance conglomerate. MHA declined to [...]