To understand Labour’s challenge on investment, look to Saint Matthew February 6, 2025 Why are all the infrastructure projects the Chancellor wants to invest in in the South? James Nations says the answer can be found in Matthew’s Gospel: “for to everyone who has, more shall be given”… With the Chancellor wanting to move the conversation on from last year’s doom and gloom, she might be pleased to [...]
City minister takes aim at cash ISAs in call to back the stock market February 5, 2025 The City minister lamented the hundreds of billions of pounds stashed away in cash ISAs today as she called for Brits to invest more money in London’s ailing stock market. Speaking to the Lord financial regulation committee, Emma Reynolds, who took over the role of City minister last month, said the UK had “failed to [...]
Labour’s waning brand is a boost for the Lib Dems, not the Tories February 5, 2025 Labour has followed the Tories in embroiling itself in a crisis of trust, and it's the Lib Dems who stand to gain, writes James Reed.
UK voters want ministers to prioritise growth over net zero, poll finds February 5, 2025 Voters in the UK say they want the government to prioritise economic growth over net zero, pollsters have found. Exclusive polling for City PM by Freshwater Strategy found seven in ten people said they would rather the government prioritise economic growth over achieving net zero by 2050. It comes after pollsters yesterday revealed a majority [...]
Reeves set to gather top investors at Downing Street in growth funding push February 4, 2025 Rachel Reeves will try to convince some of the UK’s biggest investment firms to take more risks with their cash tomorrow as she looks to unlock billions of pounds of funding for her growth plans, City PM has learned. In a meeting at Number 11 Downing Street, the Chancellor is set to pitch her new [...]
Labour keen to establish captive insurance market in Canada February 4, 2025 Within eight months of governing, Labour will be expecting to reveal the results of a captive consultation, which shows a "strong indication that they are going to get on with it"
‘Rachel Reeves, you must do better’: Chancellor urged to act before hospitality’s collapse February 4, 2025 Chancellor Rachel Reeves has been told to take urgent action to prevent the collapse of thousands of hospitality businesses across the UK. In an open letter Sacha Lord, who was until recently Andy Burnham’s night time economy adviser for Greater Manchester, said he no longer considers Labour to be the party of “business and growth”. [...]
Exclusive: Two-thirds of voters have no confidence in Rachel Reeves February 4, 2025 A majority of Brits now have little confidence in Rachel Reeves’ plan to generate economic growth despite a renewed push from the Chancellor to kickstart Britain’s ailing economy, exclusive polling for City PM has found. More than 70 per cent of voters have said they are not confident in the Chancellor’s fiscal plans and around [...]
Labour optimism evaporates after bruising seven months February 4, 2025 Labour would see its majority wiped out if the country were to head to the polls today as voters turn on Keir Starmer and Rachel Reeves over their handling of the economy, exclusive polling for City PM has found. After romping to victory with a majority of 174 in July, Labour’s vote share has slumped [...]
UK’s pension wealth is being ‘squandered’, Phoenix boss warns February 4, 2025 The UK’s pension wealth is being “squandered” due to the fragmentation of the market and a lack of risk taking among money managers, the investment chief of Phoenix has warned. Writing in City PM today, Mike Eakins, chief investment officer of the FTSE 100 pensions giant, said the UK was an “outlier” compared to similar [...]
