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Politics

  • Betfred brothers, Alex Gerko, Mike Ashley: Top UK taxpayers revealed

    January 31, 2026

    Betting entrepreneurs Peter Done and Denise Coates, traders Alex Gerko and Chris Rokos, and high street kingpins Tim Martin and Mike Ashley are among the top taxpayers in the UK, new analysis has revealed. Betfred founders Fred and Peter Done paid the most cash into HMRC over the past year, according to The Sunday Times’ [...]

  • ‘Absolutely bonkers’: Labour minister hits back at Trump’s criticism of China trade

    January 30, 2026

    A Labour minister has hit back at comments from President Donald Trump that trading with China was “very dangerous” for the UK. Sir Chris Bryant, who has served as trade minister since September 2025, said it would be “absolutely bonkers” for the UK not to do business with China. “You have to challenge China on [...]

  • Business confidence drops in blow to Labour 

    January 30, 2026

    Business confidence fell again at the start of the year, according to a tracker frequently cited by Keir Starmer and Rachel Reeves, dealing a blow to the government in its hopes of boosting the UK economy before difficult elections in May. Starmer and Reeves have frequently pointed to the Lloyds Bank business barometer when speaking [...]

  • ‘No comment’: City firms on Starmer China trip keep schtum

    January 29, 2026

    When Sir Keir Starmer boarded a British Airways flight to Beijing earlier this week, he brought with him a coterie of leaders from British industry to help fly the flag. More than 50 delegates were invited on the PM’s trip, many from top City institutions such as law firm Clifford Chance and accounting giant PwC. [...]

  • Starmer: Businesses ‘cry out’ for more trade with China

    January 29, 2026

    Keir Starmer has said businesses are “crying out for ways” to export to Chinese markets as he struck a new deal for British travellers.  After meeting President Xi Jinping in China, Starmer defended his government’s ambitions to boost relations with the world’s second largest economy despite questions over security threats posed by state-backed spies and [...]

  • Labour urged to rethink donor incentives for museums amid non-dom exodus

    January 29, 2026

    The exodus of non-doms from the UK is having a knock-on effect on philanthropy, with museums now urging the government to bring back generous donors. Museums, such as the British Museum and Tate Modern, acquire expensive, world-class paintings primarily through a mix of public funding, major grants from organisations and private philanthropy. However, with the [...]

  • Would it have killed Kemi to throw Tory centrists a bone?

    January 29, 2026

    Speaking to City PM at the start of this week the former John Lewis boss and West Midlands mayor, Andy Street, insisted that the Tories can beat Reform if they embrace the centre-right and resist the urge to fight Nigel Farage on his own turf. The new vehicle launched to make this case is called [...]

  • ‘Woke’ banknotes: Bank of England orders money printer to follow ESG rules

    January 29, 2026

    The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards under a “pass or fail” regime.  Bank officials have attracted criticism from shadow business secretary Andrew Griffith over their plans to make applicants for the UK’s new money printing contract follow stringent criteria [...]

  • Exclusive: Starmer’s opponents receive largest donations in parliament

    January 29, 2026

    Keir Starmer’s fiercest opponents have received the largest sums of cash donations since the General Election, City PM analysis has shown, as moves to weaken the Labour leader’s dominance in Westminster attract financial backing.  The Prime Minister has faced intense criticism from all sides of the House of Commons in his first year and a [...]

  • Lib Dems: Starmer has gone ‘cap in hand’ to China despite spy threats

    January 28, 2026

    Keir Starmer has been accused of going “cap in hand” to China, piling further criticism on the government’s trade ambitions with a country that has backed hacking operations against the UK.  Liberal Democrats deputy leader Daisy Cooper demanded deputy prime minister David Lammy, who stood in for Starmer at PMQs, to name a “single consequence” [...]

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