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  • Trump brands stimulus deal a disgrace as months of work hang in balance

    December 23, 2020

    US President Donald Trump threw a sizable spanner into the works of a $900bn stimulus deal last night, branding it a disgrace and threatening to veto the whole accord. Amongst the outgoing President’s complaints were that the stimulus bill was part of a package to keep Government funded until Septemver, including arts institutions and the [...]

  • Control or catastrophe? Farage, fortune, freedom and a £199 subscription

    December 22, 2020

    For the small price of £199 a year, promises Nigel Farage, you can “take back control” of your finances.  Gold, real estate trusts, even a crypto revolution – all are tickets to an independent financial future, all stamped with the Brexit Party founder’s seal of approval.  Or, at least, that’s the idea. But the jury [...]

  • Joe Biden receives Pfizer’s Covid-19 vaccine live on US television

    December 21, 2020

    President-Elect Joe Biden received the Covid-19 vaccine on US television tonight as the country ups its immunisation efforts. A masked Biden, 78, was injected in his left arm in a hospital in Delaware. Experts had suggested that the President-Elect was fully vaccinated before his inauguration on January 20. “The administration deserves credit for getting this [...]

  • Congress in race against time to finalise $900bn US stimulus deal late tonight

    December 21, 2020

    A stimulus deal for the US economy, including direct cheques of $600 to many Americans, is set to be voted on tonight in Washington. Bipartisan agreement was finally found over the weekend on the deal, which has been the subject of tortuous negotiation and delay over recent weeks. The deal must be signed by midnight [...]

  • Mayor: The toughest Christmas since the Second World War

    December 20, 2020

    Writing exclusively for City PM, Mayor of London Sadiq Khan says he can “barely contain his anger at the confusion and chaos” sowed by Downing Street’s Christmas promises The last-minute announcement of tougher restrictions to control the spread of Covid-19 over Christmas is a bitter blow for millions of Londoners. Our city faces the toughest [...]

  • Mayor blasts “irresponsible promises” from No.10 amid Tier 4 chaos

    December 19, 2020

    Sadiq Khan tonight criticised the Government’s “irresponsible promises” for raising expectations ahead of the Christmas period. In a dramatic afternoon statement, Prime Minister Boris Johnson announced London would be moving into a lockdown similar to that saw in spring, from midnight tonight. It means that the capital’s residents will no longer be able to meet [...]

  • Sadiq Khan calls on government to release daily vaccination data

    December 18, 2020

    Sadiq Khan has urged the health secretary to release daily data detailing uptake of the coronavirus vaccine across the UK, in an effort to build public awareness and trust in Britain’s largest ever vaccination programme.  In a letter to Matt Hancock, the mayor of London called for daily reporting on the vaccine programme echoing infection [...]

  • Mike Pence receives Covid vaccine on live TV to build public confidence

    December 18, 2020

    U.S. Vice President Mike Pence received his Covid vaccine live on television as the White House tries to build public confidence in the vaccine's safety.

  • Elon’s twitter, record borrowing and Zoom stocks: City PM’s Business Quiz of the Year (Part 1)

    December 18, 2020

    It’s been a… strange year. But there have been some lighter, albeit somewhat baffling, moments in the business world. See if you can remember the highs and lows of 2020, from Barclays behaving badly to the aftermath of Carlos Ghosn’s daring escape – and look out for part 2 before the end of the year.

  • Covid: London now has highest proportion of positive tests in the UK

    December 18, 2020

    The number of people testing positive for coronavirus has risen sharply in London, as the Prime Minister faces mounting pressure to U-turn on plans to lift restrictions over Christmas. London is now tied with the East Midlands as having the highest proportion of positive Covid tests in the UK, after reporting a sharp spike in [...]

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