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News
Rayner warns Reform’s £72m crypto windfall could be caught by new donor rules
1+ day, 1+ hour ago (722+ words) Angela Rayner has warned Reform UK that its record £72m fundraising haul from two cryptocurrency billionaires could be caught by retrospective rules being pushed through parliament. The housing secretary said new restrictions on political donations from Britons living abroad, or those…...
Burnham eyes youth minimum wage rethink as jobs crisis bites
1+ day, 4+ hour ago (560+ words) Andy Burnham’s government is considering slowing planned minimum wage rises for young workers amid concerns that higher employment costs are making businesses more reluctant to hire them. Downing Street and the Treasury are examining whether the rapid increase in wages…...
Surge in borrowing costs could force Healey to deliver ‘emergency Budget’
3+ day, 20+ hour ago (383+ words) Surging government bond yields could force John Healey to deliver an “emergency Budget” in which the UK’s new Chancellor drives through a wave of spending cuts in a bid to bear down on Britain’s ballooning debt pile. UK gilt yields…...
Burnham warned against borrowing by backdoor
4+ day, 25+ min ago (591+ words) Andy Burnham and John Healey have been warned against using an “accounting trick” to ramp up borrowing given the volatility shaking bond markets and traders’ vigilance to extra gilt issuance. Analysts at Oxford Economics said that it looked likely the…...
Apple and Google defend safety records as UK clamps down on explicit teen content
4+ day, 8+ hour ago (558+ words) Apple and Google have defended their child safety records after the government said it would force tech giants to block under-18s from sending or viewing nude images on smartphones. The Silicon Valley pair told City AM they had made progress…...
Sadiq Khan urged to end London’s e-bike 'patchwork"
4+ day, 9+ hour ago (638+ words) Sadiq Khan has been urged to speed up plans for a London-wide e-bike licence, as Forest warned spiralling council fees and a regulatory “patchwork” risk forcing operators from the capital. In a letter to the mayor seen by City AM,…...
The real divide in British politics: fantasists vs realists
4+ day, 8+ hour ago (384+ words) The serious policy conversations this country needs to have on issues such as health, tax and growth are currently being held hostage by the fantasy-based class who never let a fact get in the way of a feeling, says Harry…...
Nigel Farage has never been far from danger his entire career
4+ day, 12+ hour ago (320+ words) Cast your eye over Nigel Farage’s CV and you realise he is a man who never seems far from danger. At the start of his career in 1982 he joined the notorious US investment bank Drexel as a commodities trader. Drexel…...
Burnham says defence uplift 'can't come at expense’ of welfare
4+ day, 22+ hour ago (151+ words) Andy Burnham has said an uplift in defence spending will not come “at the expense” of benefits. During Prime Minister’s Questions, Burnham said “national security can’t come at the expense of social security” in response to attacks from Tory leader…...
Southgate hits out at WFH and warns high taxes cause youth unemployment
5+ day, 2+ hour ago (512+ words) Former England manager Sir Gareth Southgate has said he is against working from home and argued that young people need workplace mentors to develop their careers. On a trip with the Neets tsar Alan Milburn, Southgate hit out at companies…...