FTSE 100 Live: Stocks fall as Trump ramps up pressure; Unemployment at four-year high January 20, 2026 Good morning and welcome back to the City PM liveblog. Thousands more Brits exited the jobs market in November as the estimated number of payrolled employees fell by 33,000. New figures from the Office for National Statistics (ONS) showed the UK unemployment rate for people aged 16 years and hit 5.1 per cent in September [...]
Starmer is right to play it cool with Trump January 20, 2026 There was a time, really not that long ago, when Davos concerned itself mostly with feel-good sessions on sustainability, inclusive growth, the promise of net zero and various other progressive causes. Who can forget Bono chatting away on stage with Rwanda’s president on the importance of transparency and good governance? Or 2020’s inspiring theme of [...]
Donald Trump won’t annex Greenland – this is part of his standard playbook January 19, 2026 Trump has a standard political playbook, and his Greenland threats are right on script, writes ex-US Embassy specialist Michael Martins.
Starmer calls for ‘calm’ as US tariff war flares up January 19, 2026 Sir Keir Starmer urged US and EU allies to engage in “calm discussion” in order to stave off a tariff war while re-iterating the UK’s commitment to upholding Greenland’s sovereignty. President Trump stunned allies by threatening to impose additional 10 per cent tariffs on UK imports from next month due to opposition to his plans [...]
Starmer slams Trump’s UK tariff threat over Greenland January 18, 2026 Keir Starmer has joined European leaders in condemning Donald Trump’s plan to impose sweeping tariffs on the UK and several Nato allies. The prime minister has warned the move risks damaging transatlantic trade and collective security. The US president said goods exported from the UK to the US would face a 10 per cent tariff [...]
Exclusive: Rachel Reeves to lead start-up delegation at Davos January 16, 2026 Rachel Reeves will lead a delegation of entrepreneurs in charge of some of Britain’s fastest growing start-ups to the World Economic Forum in Davos next week, City PM can reveal. The troupe of UK-based founders will join the Chancellor and business secretary Peter Kyle in the Swiss Alps as part of a concerted push by [...]
Bank of England’s Bailey: Central banks must challenge populism January 16, 2026 Andrew Bailey has called on central banks international institutions to stand up to proponents of populism with their words and actions, warning that organisations like the Bank of England are being painted as “unresponsive and acting for the benefit of powerful” interests. In a speech to a group of economists and officials in London, governor [...]
Could this be the weirdest London IPO in 2026? January 15, 2026 What do you think the weirdest London IPO of the year could be? Take a moment to think about it. And now, let me tell you why you’re wrong. I have the answer. It’s a firm called Hybrid Air Vehicles, a company that makes airships. Yes, airships. If you thought – as I did – [...]
Davos: Economic war is the ‘biggest global risk’ January 14, 2026 Trade wars and economic disputes between global powers are the biggest risk to the world over the next two years, business leaders, academics and government officials have said in a report ahead of the World Economic Forum’s Davos meeting. Nearly a fifth of respondents in a survey (18 per cent) by the World Economic Forum [...]
World Bank: Global economy ‘more resilient than expected’ January 14, 2026 The global economy has been “markedly more resilient than expected” against a hostile backdrop of geopolitical and trade uncertainty, according to the World Bank which has upgraded its growth forecast for 2026. In its biannual assessment of the international economic outlook, the world’s preeminent financial body said that the “limited” pass-through of tariffs onto prices [...]
