Economic optimism slumps to lowest level since records began April 22, 2026 Brits’ optimism in the state of the UK economy has fallen to the lowest level since records began in a fresh blow to Rachel Reeves, with the majority expecting the situation to get even worse. That’s according to new data from the latest Ipsos Economic Optimism Index (EOI), published the same day that the rate [...]
Tube strikes: Londoners braced for RMT walkouts from next week April 16, 2026 A series of six Tube strikes will start from next week, which have been described by Transport for London (TfL) as “completely unnecessary”. In a fresh blow to London businesses, the entire London Underground network will be disrupted for two 24-hour chunks – from midday Tuesday to Wednesday – and then the same time period [...]
FTSE 100 Live: Dollar dips amid Trump oil threats; motor finance decision expected March 30, 2026 Good morning and welcome back to the CityAM liveblog. In a fresh escalation of the conflict in the Middle East, Donald Trump has said that he wants to “take the oil in Iran”, with the US dollar taking a hit this morning. In an interview with the Financial Times, the US President said that [...]
Hike in conduct breach reports to FCA ahead of new rules rollout March 23, 2026 There has been a substantial increase in reports of conduct breaches made to the financial watchdog, with the spotlight on City behaviour amid ongoing legal proceedings regarding the disgraced financier Crispin Odey. The Financial Conduct Authority (FCA) received 10 per cent more complaints in 2024 compared to the previous year, according to the law firm [...]
Spring Statement Live: UK growth cut for 2026 but Reeves touts future forecasts March 3, 2026 Welcome back to the CityAM liveblog. Rachel Reeves delivered her Spring Statement today, as the Office for Budget Responsibility published its updated forecasts for the years ahead. The Chancellor was handed quite a hefty blow with the UK’s growth estimate for 2026 slashed to 1.1 per cent from 1.4 per cent the year prior. [...]
‘Attention, please’: Rachel Reeves hails rail fare freeze over Liverpool Street tannoy March 2, 2026 Commuters arriving into Liverpool Street station have been serenaded by the Chancellor’s voice today. Rachel Reeves has taken over the key City transport artery to share the news of a freeze to rail fares – the first in 30 years. In a message read out over the tannoy periodically throughout Monday, Reeves opens with: “Testing, [...]
Greens win Gorton and Denton by-election in humiliating defeat for Keir Starmer February 27, 2026 Sir Keir Starmer has said that Labour’s defeat in the Gorton and Denton by-election is “very disappointing” and promised to “keep fighting”. The Greens won the by-election with more than 40 per cent of the vote, in a humiliating defeat for the Prime Minister. Hannah Spencer has been elected the new MP for the Greater [...]
Graduate jobs crisis: Here’s who is actually still hiring in 2026 February 25, 2026 The job market is looking bleak. For recent graduates it’s not just a downturn, but a great big wall blocking off access to an early career. But in a vicious, Darwinian struggle for a meagre handful of jobs, there could still be advantages for grads. The whippersnapper hiring slowdown is a many-headed beast, but the [...]
Antonia Romeo appointed civil service boss February 19, 2026 Sir Keir Starmer has appointed Dame Antonia Romeo to be the first female cabinet secretary to lead the civil service, as part of a reshuffle of the government’s top team. The new civil service chief is currently the most senior civil servant at the Home Office, and was a leading contender for the role when [...]
Keir Starmer U-turns on plans to cancel 30 local elections February 16, 2026 The government has shelved plans to postpone local elections in May for 30 councils in England. Communities secretary Steve Reed says the decision comes “in the light of recent legal advice”, and ahead of a planned High Court hearing that was set for Thursday. According to a letter from the Government Legal Department, shared by [...]
