Cut student loan repayments to get youths out of chicken shops Retail Crippling student loan repayments have stolen billions from the economy sending struggling graduates to cheap food options and public transport, a consultancy firm has argued. Analysts at Baringa found that cutting the student loan repayment rate from nine per cent to five per cent would free up to £6bn in consumer spending each year for [...]
Incoming FRC chair sits on board of construction group facing criminal probe Accountancy The woman in line to become chair the Financial Reporting Council (FRC) sits on the board of a company currently under criminal investigation, City AM can reveal. Dame Jayne-Anne Gadhia, who has already faced committee criticism over her heavy workload whilst seeking approval to C government named Gadhia last month as the next chair of [...]
Inflation leaps to 2.9 per cent in blow to Burnham Economics Inflation has leaped up following the reset of the energy price cap, official data has revealed, marking the likely beginning of a long run of increases in price growth. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation [...]
As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz August 19, 2026 Welcome back to the City AM liveblog. The FTSE 100 is falling on Wednesday as oil prices continue their march upwards and investors digest a jump in inflation. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading [...]
I built my career on social media as a teen. I still think banning under-16s is right August 19, 2026 George Bacon arguably makes a living from young people scrolling. But he says a social media ban for under-16s is logical and responsible.
Let them build homes near stations, but let them be beautiful too August 18, 2026 Rules to allow thousands of new homes near stations is cause for celebration, but the government must avoid creating 'anywhere developments'.
Industry chief warns ‘resilience not enough’ for growth August 18, 2026 The boss of Britain’s largest industry body has warned the government that “resilience alone” would not boost growth in the UK, firing the starting gun on two months of policy lobbying ahead of a pivotal Autumn Budget. Writing exclusively for City AM, the boss of the British Chambers of Commerce (BCC) has urged the government [...]
Public sector makes wage growth higher than expected August 18, 2026 Wage growth was higher than expected as pay offers in the public sector far outweighed growth in the private sector, new data has revealed. Official statistics have shown that wage growth, including bonuses, reached 4.1 per cent between April and June compared to a market forecast of four per cent. This was still lower than [...]
Domestic policies are choking UK businesses August 18, 2026 The last decade of domestic policy decisions has created a towering cost stack that is choking business growth, writes Shevaun Haviland.
The UK’s cost stack is choking business growth August 18, 2026 Much of the UK has faced a summer of sweltering temperatures as the country hasbounced from one unrelenting heatwave to another. Businesses know all too well that unrelenting feeling. A decade of constant cost pressures from domestic policy decisions has been hugely damaging. It’s a cost stack is chocking business growth. Before a pound of [...]