City A.M.
Can Sadiq Khan stop London tube strikes from hitting Elizabeth Line?
- Title
- Can Sadiq Khan stop London tube strikes from hitting Elizabeth Line?
- Runtime
- 1:00
- Date posted
- 9 months ago
- Description
- As tube strikes stretch into a third day of disruption, the RMT trade union has now threatened to hit the Elizabeth Line with industrial action.
From Sunday evening, tube drivers went on strike over the working hours of union members, who enjoy a salary of around £65,000, as RMT’s new boss Eddie Dempsey is demanding a 32-hour week.
Transport for London (TfL) put a 3.4 per cent pay rise on the table, but it was rejected by the RMT union, and since then, talks have not only failed but have also come to a standstill.
The action hit City workers on Monday as buses, national rail, the Elizabeth Line, and even the bike lanes were overcrowded, leading to delays and stress for people trying to get to and from work.
Click the related video link for more on this story ▶️
#uk #london #news #sadiqkhan #khan #tube #strikes #tubestrikes #transportforlondon #tfl #rmt #elizabethline #business #businessnews #politics #politicalnews...
- Title
- Can Sadiq Khan stop London tube strikes from hitting Elizabeth Line?
- Runtime
- 2:19
- Date posted
- 9 months ago
- Description
- Can Sadiq Khan stop the London tube strikes from hitting the Elizabeth Line?
As Tube strikes stretch into a third day of disruption, the RMT trade union has now threatened to hit the Elizabeth Line with industrial action.
From Sunday evening, tube drivers went on strike over the working hours of union members, who enjoy a salary of around £65,000, as RMT’s new boss Eddie Dempsey is demanding a 32-hour week.
Transport for London (TfL) put a 3.4 per cent pay rise on the table, but it was rejected by the RMT union, and since then, talks have not only failed but have also come to a standstill.
The action hit City workers on Monday as buses, national rail, the Elizabeth Line, and even the bike lanes were overcrowded, leading to delays and stress for people trying to get to and from work.
Read more of the story here 👇
https://www.cityam.com/tube-strikes-rmt-threatens-elizabeth-line-disruption-next/
Ge...
- Title
- How Reeves' tax hikes and rising costs are hurting the London job market
- Runtime
- 1:04
- Date posted
- 9 months ago
- Description
- London hiring has continued its steep decline as employers suffer the consequences of Reeves’ tax raid and rising costs.
The latest jobs report from KPMG and the REC showed demand for workers in the capital has “continued to deteriorate” with both permanent placements and temp billings slumping further.
Permanent staff places, hires with no fixed end dates, fell for the fifth consecutive month.
Elsewhere, temporary bills, which track the total income recruitment agencies earn from placing temporary workers with firms, tumbled for a twentieth straight month.
Click the link in our bio to read more of the story 🔗
#uk #london #news #economics #economy #business #businessnews #jobs #jobsearch #jobvacancy #jobseekers #jobmarket #employment #employmentnews #employers #markets #finance #financialnews #personalfinance #tax #taxes #politics #politicalnews #politicsnews #labour #rachelreeves #reeves #uknews #ukeconomy #ukbu...
- Title
- How Reeves' tax hikes and rising costs are hurting the London job market
- Runtime
- 1:29
- Date posted
- 9 months ago
- Description
- London hiring has continued its steep decline as employers suffer the consequences of Reeves’ tax raid and rising costs.
The latest jobs report from KPMG and the REC showed demand for workers in the capital has “continued to deteriorate” with both permanent placements and temp billings slumping further.
Permanent staff places, hires with no fixed end dates, fell for the fifth consecutive month.
Elsewhere, temporary bills, which track the total income recruitment agencies earn from placing temporary workers with firms, tumbled for a twentieth straight month.
Read the full story here 👇
https://www.cityam.com/london-hiring-slumps-as-employers-suffer-from-rising-costs/
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- Title
- The Long Tail: The crucial role of Managing General Agents with Mike Keating, CEO of the MGAA
- Runtime
- 9:57
- Date posted
- 9 months ago
- Description
- Mike Keating, CEO of the Managing General Agents' Association (MGAA), sits down with City AM’s managing editor Rupert Hargreaves to discuss the crucial role MGAs play in the insurance market.
Filmed in Lloyd’s of London, the beating heart of London’s insurance market, Mike discusses:
The role of MGAs in the insurance landscape
The benefits for consumers of using MGAs
How these providers are leveraging AI and analytics
And the outlook for the MGA sector, the fastest-growing segment in property and casualty insurance globally
The Long Tail is a compelling series of interviews conducted by City AM, featuring prominent figures in the City of London's insurance sector. Each discussion delves into critical aspects of the insurance market, exploring innovative trends, regulatory landscapes, and the evolving role of various players within this dynamic industry.
From the impact of emerging technologies like AI and an...
- Title
- UK Employment Rights Bill: Why will Starmer back unions over businesses?
- Runtime
- 0:59
- Date posted
- 9 months ago
- Description
- Keir Starmer is set to push back against business-led amendments made by the Lords to water down the Employment Rights Bill, as the government is backing unions’ calls for workers’ rights to be strengthened.
MPs are set to consider changes proposed in the House of Lords to replace a new right against unfair dismissal from the first day of employment and a weakening of zero-hours contracts next week.
No 10 has confirmed that Labour MPs will be ordered to defeat the amendments in a blow to large business groups calling for new workers’ rights to be eased.
The government is set to face intense lobbying from both businesses and trade unions this week over former deputy prime minister Angela Rayner’s flagship Employment Rights Bill, with the package of reforms still passing through parliament.
Click the related video link for more on this story ▶️
#uk #news #politics #politicalnews #politicsnews #economics #econom...
- Title
- UK Employment Rights Bill: Why will Starmer back unions over businesses?
- Runtime
- 3:13
- Date posted
- 9 months ago
- Description
- Keir Starmer is set to push back against business-led amendments made by the Lords to water down the Employment Rights Bill, as the government is backing unions’ calls for workers’ rights to be strengthened.
MPs are set to consider changes proposed in the House of Lords to replace a new right against unfair dismissal from the first day of employment and a weakening of zero-hours contracts next week.
No 10 has confirmed that Labour MPs will be ordered to defeat the amendments in a blow to large business groups calling for new workers’ rights to be eased.
The government is set to face intense lobbying from both businesses and trade unions this week over former deputy prime minister Angela Rayner’s flagship Employment Rights Bill, with the package of reforms still passing through parliament.
Read the full story here 👇
https://www.cityam.com/keir-starmer-faces-business-and-union-backlash-over-employment-rights-bill/
- Title
- Angela Rayner QUITS as deputy prime minister, deputy Labour leader
- Runtime
- 1:05
- Date posted
- 9 months ago
- Description
- Angela Rayner has resigned as deputy prime minister, housing secretary and deputy leader of the Labour Party after being found in breach of the ministerial code.
This comes as an inquiry led by ethics watchdog Sir Laurie Magnus, after the now-former deputy prime minister admitted to underpaying stamp duty on her second home in Hove.
Sir Laurie said that while Rayner “acted with integrity and with a dedicated and exemplary commitment to public service”, she still breached the ministerial code.
Read the full story here 👇
https://bit.ly/4mPghpS
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#politics #uknews #labourparty #angelarayner #keirstarmer #tax #secondproperty
- Title
- Why businesses are getting involved in the Reform UK party conference
- Runtime
- 2:51
- Date posted
- 9 months ago
- Description
- Reform UK seems to have all of the political momentum - and its conference kicks off today. So much so that even JCB will have a presence at its party conference in Birmingham this weekend.
The iconic manufacturer once provided the major visual moment of Boris Johnson’s 2019 election victory, as he bursted through a wall of foam bricks with a JCB labelled “Get Brexit Done”.
City AM understands that the party has sold upwards of 200 corporate tickets to lobbyists and businesses eager to understand this new insurgent force in British politics.
Heathrow has become a title sponsor of the conference “lounge”, while social media juggernaut Tiktok is set to roll out a collaboration with UK Music at the event.
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L...
- Title
- Why investors are rushing to buy gold - and it's hitting record prices
- Runtime
- 1:07
- Date posted
- 9 months ago
- Description
- It’s been a turbulent week for UK markets. While the beginning of the week was marked by the highest 30-year bond yields since 1998, gold has continued its meteoric rise, reaching a record high of $3,530 per ounce.
Demand for the precious metal has rocketed, as investors scramble to add the safe haven asset to their portfolio amid ongoing economic uncertainty.
With tariffs still looming and Trump’s assaults on the Federal Reserve still spooking markets, global demand for the yellow metal has held strong.
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#gold #news #stockmarket #stocks #stockmarkets #stockmarketnews #investor #investors #retailinvestors #retailinvestment #investor #investing #asset #goldrush
- Title
- Why Angela Rayner's £800,000 flat could force the deputy PM to quit
- Runtime
- 1:15
- Date posted
- 9 months ago
- Description
- Angela Rayner is fighting for her political survival. Keir Starmer’s government is in trouble.
After weeks of questions hanging over the deputy prime minister’s tax affairs, she finally revealed that she underpaid stamp duty on her second home in the South of England by £40,000.
And this has just put further pressure on Labour as it faces accusations of hypocrisy, scrutiny over when details emerged, and a crisis over how it governs the UK.
Reports in the national media put Rayner’s purchase of a second home in Hove over the last two weeks – with front pages calling out her legal manoeuvres on her complex tax dealings.
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#angelarayner #labourparty #polit...
- Title
- Why investors are rushing to buy gold - and it's hitting record prices
- Runtime
- 1:43
- Date posted
- 9 months ago
- Description
- It’s been a turbulent week for UK markets. While the beginning of the week was marked by the highest 30-year bond yields since 1998, gold has continued its meteoric rise, reaching a record high of $3,530 per ounce.
Demand for the precious metal has rocketed, as investors scramble to add the safe haven asset to their portfolio amid ongoing economic uncertainty.
With tariffs still looming and Trump’s assaults on the Federal Reserve still spooking markets, global demand for the yellow metal has held strong.
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Produced by: Maisie Grice, Scarlett Wild, Matt Kenyon
#gold #news #stockmarket #stocks #stockmarkets #stockmarketnews #investor #investors #retailinvestors #...
- Title
- Why Nigel Farage and Reform are cosying up to business
- Runtime
- 1:57
- Date posted
- 9 months ago
- Description
- City AM understands that the party has sold upwards of 200 corporate tickets to lobbyists and businesses eager to understand this new insurgent force in British politics.
Heathrow has become a title sponsor of the conference “lounge”, while social media juggernaut Tiktok is set to roll out a collaboration with UK Music at the event.
Some of the corporate packages on offer cost as much as £250,000 – they entail a champagne breakfast with Nigel Farage.
City AM chief Reporter Ali Lyon has all the details.
Read more about the story here 👇
https://bit.ly/4ghpsgb
- Title
- Why Angela Rayner's £800,000 flat could force the deputy PM to quit
- Runtime
- 2:56
- Date posted
- 9 months ago
- Description
- Angela Rayner is fighting for her political survival. Keir Starmer’s government is in trouble.
After weeks of questions hanging over the deputy prime minister’s tax affairs, she finally revealed that she underpaid stamp duty on her second home in the South of England by £40,000.
And this has just put further pressure on Labour as it faces accusations of hypocrisy, scrutiny over when details emerged, and a crisis over how it governs the UK.
Reports in the national media put Rayner’s purchase of a second home in Hove over the last two weeks – with front pages calling out her legal manoeuvres on her complex tax dealings.
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Produced by: Mauricio Alencar, Sc...
- Title
- Is Rachel Reeves Right to Say Critics are Talking Rubbish? | Week in Business
- Runtime
- 5:31
- Date posted
- 9 months ago
- Description
- It’s not just Angela Rayner who finds herself on the defensive; Rachel Reeves has come out fighting - claiming many of her critics are talking rubbish. So, does she have a point?
In this episode of Week in Business, City AM editor-in-chief Christian May discusses the reshuffle that has centralised economics firepower away from her, and within Number 10.
With less backing than ever before from Keir Starmer, can the Chancellor fix the UK's perilous financial situation?
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Produced by: Christian May, Joseph Curay Teneda, Matt Kenyon
#uk #london #news #economy #economics #business #businessnews #businessgrowth #finance #financialnews #personalfinance #tax #taxpayer...
- Title
- Why the tube strikes could mean chaos for London
- Runtime
- 1:23
- Date posted
- 9 months ago
- Description
- From Sunday evening tube drivers are going on strike, and while the Elizabeth Line will continue to run other London Underground lines – as well as the Docklands Light Railway (DLR) – will pack it in for five days.
Transport for London (TfL) put a 3.4 per cent pay rise on the table, which was rejected by the RMT union. Tube drivers enjoy a salary of around £65,000 with experience operators earning up to £75,000.
If the dispute was only about money, it might have already been averted. In 2024, Sadiq Khan managed to swerve a tube strike with a £30m cash injection into pay packets.
The bigger sticking point is working hours: Eddie Dempsey, the new boss of the RMT, is demanding a 32-hour week.
Read more about the story here 👇
https://bit.ly/4lXX7wD
#tubestrikes #sadiqkhan #transportforlondon #rmt #strikes #ukpolitics #uknews
- Title
- Why the tube strikes could mean chaos for London
- Runtime
- 2:28
- Date posted
- 9 months ago
- Description
- From Sunday evening tube drivers are going on strike, and while the Elizabeth Line will continue to run other London Underground lines – as well as the Docklands Light Railway (DLR) – will pack it in for five days.
Transport for London (TfL) put a 3.4 per cent pay rise on the table, which was rejected by the RMT union. Tube drivers enjoy a salary of around £65,000 with experience operators earning up to £75,000.
If the dispute was only about money, it might have already been averted. In 2024, Sadiq Khan managed to swerve a tube strike with a £30m cash injection into pay packets.
The bigger sticking point is working hours: Eddie Dempsey, the new boss of the RMT, is demanding a 32-hour week.
Read more about the story here 👇
https://bit.ly/4lXX7wD
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- Title
- Rachel Reeves confirms date of 2025 Autumn Budget
- Runtime
- 1:17
- Date posted
- 9 months ago
- Description
- It's confirmed! The Autumn Budget will be on 26 November, the Treasury has confirmed, with Chancellor Rachel Reeves admitting the UK economy was “not working well enough” for Britons.
Rachel Reeves admitted in a video message that the UK economy was failing “working people”.
The Chancellor said “bills are high”, “getting ahead feels tougher” and people “put more in [and] got less out”, though she said the economy was not “broken”.
City AM economics and politics reporter Mauricio Alencar breaks down the timing of the Budget.
Read more here 👇
https://bit.ly/4n8GQps
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#rachelreeves #labour #budget2025 #ukpolitics #keirstarmer #eco...
- Title
- How Rachel Reeves' Autumn Budget tax hikes are hurting businesses | Boardroom Uncovered
- Runtime
- 31:53
- Date posted
- 9 months ago
- Description
- The chief executive of holiday park chain Butlin’s has hit out at Chancellor Rachel Reeves after saying increasing taxes on businesses is not the way to improve the UK economy.
He added that both tax rises have made it harder for companies such as Butlin’s to hire new employees and that the Autumn Budget in 2024 felt like a “tax on jobs”.
Speaking to City AM's UK editor, Jon Robinson, on the latest episode of City AM's Boardroom Uncovered, Jon Hendry Pickup said the country is “not going to tax ourselves to success” and that last year’s Autumn Budget “felt like an own goal”.
Watch or listen to more Boardroom Uncovered episodes here 👇
https://linktr.ee/boardroomuncovered
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- Title
- Why Angela Rayner’s employment rights legislation has businesses worried
- Runtime
- 1:08
- Date posted
- 9 months ago
- Description
- Small and medium sized businesses are worried about the government’s new employment rights bill.
With costs already rising, and an economy on the brink, these firms are concerned that Angela Rayner’s new legislation could deal a crushing blow.
It’s been billed as the biggest upgrade to workplace protections in a generation, and it’s heading for its third reading in the House of Lords this week.
Ministers insist the bill will modernise the labour market and deliver fairer treatment for millions of workers.
But industry experts caution that the detail of the Bill risks creating a “perfect storm” for SMEs.
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#angelarayner #employment #jobsmarket #smallbusiness #labourparty #politics #ukpolitics #labourmarket #news #uknews
- Title
- Why Angela Rayner’s employment rights legislation has businesses worried
- Runtime
- 2:15
- Date posted
- 9 months ago
- Description
- Small and medium sized businesses are worried about the government’s new employment rights bill.
With costs already rising, and an economy on the brink, these firms are concerned that Angela Rayner’s new legislation could deal a crushing blow.
It’s been billed as the biggest upgrade to workplace protections in a generation, and it’s heading for its third reading in the House of Lords this week.
Ministers insist the bill will modernise the labour market and deliver fairer treatment for millions of workers.
But industry experts caution that the detail of the Bill risks creating a “perfect storm” for SMEs.
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Produced by: Saskia Koopman, Scarlett Wi...
- Title
- Why raising gambling taxes in the UK won't save Rachel Reeves
- Runtime
- 1:10
- Date posted
- 9 months ago
- Description
- Gambling and sugary drinks are the sins Rachel Reeves is planning to tax later this year. However, adding extra levies may not result in more revenue the Chancellor so craves.
Reports have suggested that increasing taxes could raise around three billion pounds, with the former prime minister, Gordon Brown, saying those funds should be used to pay for child benefits.
Click the link in our bio to read more from Mauricio Alencar 🔗
#uk #news #economy #economics #politics #politicalnews #politicsnews #business #businessnews #businessgrowth #finance #financialnews #personalfinance #tax #pension #gambling #gamble #labour #labourparty #rachelreeves #reeves #autumnbudget
- Title
- Why raising gambling taxes in the UK won't save Rachel Reeves
- Runtime
- 2:31
- Date posted
- 9 months ago
- Description
- Gambling and sugary drinks are the sins Rachel Reeves is planning to tax later this year. However, adding extra levies may not result in more revenue the Chancellor so craves.
Reports have suggested that increasing taxes could raise around three billion pounds, with the former prime minister, Gordon Brown, saying those funds should be used to pay for child benefits.
Read more from Mauricio Alencar here 👇
https://www.cityam.com/profile/mauricio-alencar/
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Produced by: Mauricio Alencar, Scarlett Wild, Matt Kenyon, Emmanuel Nwosu
#uk #news #economy #economics #politics #politicalnews #politicsnews #business #businessnews #businessgrowth #finance #financialnews #per...
- Title
- Why UK house prices are falling, even though housing still feels unaffordable
- Runtime
- 0:56
- Date posted
- 9 months ago
- Description
- House prices were expected to rise in August, but they fell instead.
It’s the fourth time this has happened in the last six months, and a sign that the property market is under real pressure.
The average price of a house in the UK fell to £271,079, down 0.1 per cent from the month before.
This might not sound like a lot, but market watchers had expected a 0.2 per cent growth.
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#rachelreeves #tax #property #uknews #budget2025 #housingmarket #uk #ukpolitics #labour #labourparty #keirstarmer
- Title
- Why UK house prices are falling, even though housing still feels unaffordable
- Runtime
- 1:40
- Date posted
- 9 months ago
- Description
- House prices were expected to rise in August, but they fell instead.
It’s the fourth time this has happened in the last six months, and a sign that the property market is under real pressure.
The average price of a house in the UK fell to £271,079, down 0.1 per cent from the month before.
This might not sound like a lot, but market watchers had expected a 0.2 per cent growth.
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Produced by: Amber Murray, Scarlett Wild, Matt Kenyon
#rachelreeves #tax #property #uknews #budget2025 #housingmarket #uk #ukpolitics #labour #labourparty #keirstarmer
- Title
- Why Gen Z could be facing a pension time bomb
- Runtime
- 1:14
- Date posted
- 9 months ago
- Description
- Less than one in five view saving for retirement as a top concern upon starting their careers, with 40 per cent opting to prioritise boost their general savings instead of auto enrolment contributions.
The government’s recent push to encourage more people to actively contribute to the stock market has also pushed 35 per cent of grads to inject their pay into investing.
Despite the struggles of getting on the housing ladder, nearly a third opted to save towards a home instead, over pension contributions.
City AM's investment reporter Maisie Grice explains the tough financial decisions facing Gen Z, and the potential for a pension time bomb in decades to come.
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#pensions #genz #retirement #housing #pro...
- Title
- What a Rachel Reeves landlord tax raid would mean for the UK property market
- Runtime
- 1:43
- Date posted
- 9 months ago
- Description
- Rachel Reeves is considering a tax increase for UK landlords in this year’s Autumn budget as she attempts to fill a forty billion pound hole in the public finances.
The proposals, which would apply national insurance to property income, would raise around two billion pounds for the Treasury.
Officials are drawing up multiple options for tax rises in an attempt to avoid breaking the “red lines” set by Reeves before the general election, where she promised to not raise taxes for ‘working people’.
Experts, however, have wanted that changes may have 'severe' unintended consequences for the rental sector and the broader housing market.
Read more about the story here 👇
https://bit.ly/3UN2K5R
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Link...
- Title
- How Nvidia stocks slumped even after a record quarter
- Runtime
- 2:21
- Date posted
- 9 months ago
- Description
- Nvidia has beat expectations again, reporting massive revenue – so, why is its share price down?
The chip giant – which is now worth more than $4 trillion – posted a massive $46.7bn revenue in the second quarter of this year.
That’s up 56 per cent. Profits are up to, by 59 per cent, to $26.4bn. Cloud providers accounted for around half of this, while revenue from the gaming and robotics divisions surged.
And yet, in after hours trading, Nvidia stocks took a noticeable three per cent slide.
Read more about the story here 👇
https://bit.ly/41ql4W0
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Produced by: Saskia Koopman, Scarlett Wild, Matt Kenyon
#usa #china #nvidia #don...
- Title
- How Nvidia stocks slumped even after a record quarter
- Runtime
- 1:15
- Date posted
- 9 months ago
- Description
- Nvidia has beat expectations again, reporting massive revenue – so, why is its share price down?
The chip giant – which is now worth more than $4 trillion – posted a massive $46.7bn revenue in the second quarter of this year.
That’s up 56 per cent. Profits are up to, by 59 per cent, to $26.4bn. Cloud providers accounted for around half of this, while revenue from the gaming and robotics divisions surged.
And yet, in after hours trading, Nvidia stocks took a noticeable three per cent slide.
Read more about the story here 👇
https://bit.ly/41ql4W0
#usa #china #nvidia #donaldtrump #jensenhuang #trump #trumpnews #huang #usnews #chinanews #technology #tech #technews
- Title
- Is Rachel Reeves About to Trigger a Financial Crisis? | Week in Business
- Runtime
- 5:38
- Date posted
- 9 months ago
- Description
- As summer comes to a close, is this the calm before a major financial storm?
In this episode of Week in Business, City AM editor-in-chief Christian May discusses the economic risks on the horizon for the government.
Wedged between backbenchers who won't allow spending cuts and the spiralling cost of servicing government debt, Rachel Reeves is in a tight spot ahead of this year's Budget.
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#uk #london #news #economy #economics #business #businessnews #businessgrowth #finance #financialnews #personalfinance #tax #taxpayers #taxpayermoney #pension #money #inflation #property #politics #politicalnews #politicnews ...
- Title
- Why the San Francisco 49ers are calling for a London Super Bowl
- Runtime
- 1:28
- Date posted
- 9 months ago
- Description
- Could the Super Bowl leave the US? And if it does, could it ever end up in London?
Al Guido - president of the San Francisco 49ers - says he’d love it. He told City AM in an exclusive interview that moving the biggest game in the NFL overseas could make a lot of strategic sense.
Guido told City AM that he would love to see this happen, and that it’s not far-fetched to believe that this will end up as a reality.
He said that London already has the fanbase and, crucially, the infrastructure to handle the mega sporting event.
Read the full story here 👇
https://www.cityam.com/nfl-san-francisco-49ers-keen-on-london-super-bowl/
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Produced by: Matt Ha...
- Title
- Why Trump threatened to fire the Federal Reserve governor
- Runtime
- 1:30
- Date posted
- 10 months ago
- Description
- Donald Trump’s foot is back on the neck of the Federal Reserve - this time with direct threats to fire a top figure at the central bank.
The US President has said he has sufficient cause to remove the Fed’s governor Lisa Cook.
It’s an unprecedented move, and one that would mark a sharp escalation in Trump’s ambition to lower interest rates.
Trump has long been a critic of the Fed’s hawkish stance, previously branding Chair Jerome Powell “terrible”, “stupid” and lambasting him the title “too late Powell”.
Read more about the story here 👇
https://bit.ly/4fZLq7s
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Produced by: Sam Norman, Scarlett Wild, Matt Kenyon
#t...
- Title
- Why Nigel Farage would tear up international agreements to fuel Reform's immigration plan
- Runtime
- 1:15
- Date posted
- 10 months ago
- Description
- Ten years ago, Nigel Farage was very much outside the mainstream of British politics. Now, he is leading in the polls and could be on course to be prime minister.
And today, with Reform’s big set piece event on immigration, Farage laid out what he would do on one of the most contentious issues.
The Reform chief has said he could deport as many as 600,000 migrants in the first term of his government.
Military bases would be repurposed to detain people, and a Farage government would look to make deals with countries like Afghanistan and Eritrea to sign deportation deals.
Even the notorious Rwanda plan could be back on the table.
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Produced by: Matt Kenyon,...
- Title
- Why Nigel Farage would tear up international agreements to fuel Reform's immigration plan
- Runtime
- 2:38
- Date posted
- 10 months ago
- Description
- Ten years ago, Nigel Farage was very much outside the mainstream of British politics. Now, he is leading in the polls and could be on course to be prime minister.
And today, with Reform’s big set piece event on immigration, Farage laid out what he would do on one of the most contentious issues.
The Reform chief has said he could deport as many as 600,000 migrants in the first term of his government.
Military bases would be repurposed to detain people, and a Farage government would look to make deals with countries like Afghanistan and Eritrea to sign deportation deals.
Even the notorious Rwanda plan could be back on the table.
Get more of City AM 👇
🌐 http://www.cityam.com
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LinkedIn: www.linkedin.com/company/cityam
Produced by: Matt Kenyon,...
- Title
- The AI bubble: Why are investors losing faith in major tech stocks?
- Runtime
- 1:05
- Date posted
- 10 months ago
- Description
- It’s a tricky time for tech stocks. Over the last week of trading, more than $1 trillion has been wiped off the stock market.
The wobble is raising questions around an AI bubble – has too much money been pumped into the technology?
Even OpenAI boss Sam Altman thinks it might be. The ChatGPT maker said that some investors had become “overexcited” about AI.
Click the link in our bio to read the latest tech news 🔗
#news #technology #ai #tech #artificialintelligence #chatbot #business #businessnews #economy #economics #finance #financialnews #personalfinance #investing #money #stockmarket #stockmarketnews #chatgpt #openai #nvidia #palantir #samaltman
- Title
- The AI bubble: Why are investors losing faith in major tech stocks?
- Runtime
- 2:07
- Date posted
- 10 months ago
- Description
- It’s a tricky time for tech stocks. Over the last week of trading, more than $1 trillion has been wiped off the stock market.
The wobble is raising questions around an AI bubble – has too much money been pumped into the technology?
Even OpenAI boss Sam Altman thinks it might be. The ChatGPT maker said that some investors had become “overexcited” about AI.
Read the latest tech news here 👇
https://www.cityam.com/category/technology/
Get more of City AM 👇
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Produced by: Ali Lyon, Joseph Curay Teneda, Matt Keyon, Emmanuel Nwosu
#news #technology #ai #tech #artificialintelligence #chatbot #business #businessnews #economy #economics #finance #financialnews #personalf...
- Title
- How Labour tax hikes could make your food shopping more expensive
- Runtime
- 1:04
- Date posted
- 10 months ago
- Description
- Some of the UK’s biggest retail heavyweights have issued a stark warning to Rachel Reeves, saying government tax policies could undermine living standards.
Tesco, Sainsbury’s and John Lewis – among other big retailers – argue that the mounting cost of doing business will drive up food inflation even faster.
In a letter to the Chancellor, the businesses – represented by the British Retail Consortium trade body – said that government policy has already added £7bn to their costs.
They warn that food prices, which had begun to ease, are now “once again climbing”, with the BRC forecasting food inflation to hit six per cent later in the year.
Click the related video link for more on this story ▶️
#uk #news #business #retail #food #grocery #finance #financialnews #personalfinance #tax #money #economy #economics #inflation #politics #politicalnews #politicsnews #labour #labourparty #rachelreeves #reeves #tesc...
- Title
- How Labour tax hikes could make your food shopping more expensive
- Runtime
- 1:48
- Date posted
- 10 months ago
- Description
- Some of the UK’s biggest retail heavyweights have issued a stark warning to Rachel Reeves, saying government tax policies could undermine living standards.
Tesco, Sainsbury’s and John Lewis – among other big retailers – argue that the mounting cost of doing business will drive up food inflation even faster.
In a letter to the Chancellor, the businesses – represented by the British Retail Consortium trade body – said that government policy has already added £7bn to their costs.
They warn that food prices, which had begun to ease, are now “once again climbing”, with the BRC forecasting food inflation to hit six per cent later in the year.
Read more of the story here 👇
https://www.cityam.com/tesco-and-sainsburys-urge-reeves-to-rethink-tax-plan-amid-inflation-concerns/
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- Title
- Why Rachel Reeves could target pensioners for tax hikes next
- Runtime
- 1:03
- Date posted
- 10 months ago
- Description
- Rachel Reeves has a problem. And it’s a big one. Some economists predict the chancellor is facing a £50bn black hole in the autumn budget.
The biggest revenue raising levers available to the government are in direct taxes like income tax and indirect taxes like VAT.
But Labour already promised not to hike these taxes during the election, so there’s only a handful of smaller levies at her disposal to make up the shortfall.
One of the tax raids that appears to be under consideration is the pensions lump sum.
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#tax #rachelreeves #pensions #pensioners #budget2025 #hmrc #politicsnews #politics #ukpolitics #uknews #news #business #labourparty #economics #uk
- Title
- Why Rachel Reeves could target pensioners for tax hikes next
- Runtime
- 2:07
- Date posted
- 10 months ago
- Description
- Rachel Reeves has a problem. And it’s a big one. Some economists predict the chancellor is facing a £50bn black hole in the autumn budget.
The biggest revenue raising levers available to the government are in direct taxes like income tax and indirect taxes like VAT.
But Labour already promised not to hike these taxes during the election, so there’s only a handful of smaller levies at her disposal to make up the shortfall.
One of the tax raids that appears to be under consideration is the pensions lump sum.
Get more of City AM 👇
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Produced by: Simon Hunt, Scarlett Wild, Matt Kenyon
#tax #rachelreeves #pensions #pensioners #budget2025 #hmrc #politicsnews #politics #ukpolitics...
- Title
- Is Rachel Reeves About to Launch a Massive Tax Raid on Property and Pensions? | Week in Business
- Runtime
- 6:18
- Date posted
- 10 months ago
- Description
- The Labour government's need for cash is greater than its appetite for considered reform, City AM's Editor in Chief, Christian May, voices his concern in this episode of Week in Business.
Christian argues that there is no scenario in which a new property tax regime instigated by this government would yield less revenue than the current arrangements.
He says that easing the burden on taxpayers is not the priority here; however, they dress it up.
Watch or listen to more episodes of Week in Business here 👇
https://linktr.ee/weekinbusiness
Get more of City AM 👇
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Produced by: Christian May, Joseph Curay Teneda, Scarlett Wild, Emmanuel Nwosu
#uk #london #news #economy #econ...
- Title
- What do UK borrowing figures mean for Reeves' Autumn Budget?
- Runtime
- 1:03
- Date posted
- 10 months ago
- Description
- As UK borrowing has hit £60bn since April, what do today's figures tell us about the state of our public finances?
How do the numbers compare to previous years, and - with borrowing costs on the rise - what does this all mean for the Autumn Budget?
City AM's politics and economics reporter Mauricio Alencar breaks the story down.
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#uk #news #politics #politicalnews #politicsnews #economy #economics #business #businessnews #businessgrowth #finance #financialnews #personalfinance #tax #money #borrowing #labour #labourparty #keirstarmer #rachelreeves #autumnbudget #budget2025 #uknews #ukeconomy #ukbusiness #ukfinance #ukpolitics
- Title
- UK Online Safety Act: Could Labour ban VPNs for minors?
- Runtime
- 1:11
- Date posted
- 10 months ago
- Description
- A majority of Britons believe children under 18 should be banned from using Virtual Private Networks (VPNs) following a recent surge, a survey has found.
Research from YouGov found that 55 per cent of the public supports a ban on minors, while only 20 per cent think they should be allowed to use them.
This comes as the UK’s Online Safety Act, designed to protect children from harmful online content, faces challenges from tech-savvy young people using VPNs to bypass new age verification measures.
The debate over VPNs has intensified since the act came into force on 25 July.
Click the related video link for more on this story ▶️
#uk #news #politics #labourparty #economy #economics #finance #business #technology #tech #internetsafety #onlinesafety #socialmedia #childprotection #vpn
- Title
- UK Online Safety Act: Could Labour ban VPNs for minors?
- Runtime
- 2:27
- Date posted
- 10 months ago
- Description
- A majority of Britons believe children under 18 should be banned from using Virtual Private Networks (VPNs) following a recent surge, a survey has found.
Research from YouGov found that 55 per cent of the public supports a ban on minors, while only 20 per cent think they should be allowed to use them.
This comes as the UK’s Online Safety Act, designed to protect children from harmful online content, faces challenges from tech-savvy young people using VPNs to bypass new age verification measures.
The debate over VPNs has intensified since the act came into force on 25 July.
Read more of the story here 👇
https://www.cityam.com/brits-call-for-vpn-ban-for-minors-to-curb-online-safety-act-loopholes/
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Linked...
- Title
- Why a new Rachel Reeves property tax would hit London hardest
- Runtime
- 1:01
- Date posted
- 10 months ago
- Description
- Rachel Reeves needs to plug a more than £40bn black hole in public finances, and she’s promised not to raise headline tax rates on working people.
So, a property tax is on the table, and out of everywhere in the UK, it looks like it would hit London hardest.
The Treasury is reportedly looking into a range of options for how to tax property, and this could be a major part of the Autumn Budget.
There could be a national property tax based on the value of a home, which would replace stamp duty.
Another option is a ‘mansion tax’, which would involve a capital gains tax for the sale of homes over £1.5m.
Click the related video link for more on this story ▶️
#uk #london #news #politics #business #finance #personalfinance #money #tax #capitalgains #capitalgainstax #mansiontax #property #realestate #housing #labourparty #rachelreeves #autumnbudget #budget2025 #hmrc
- Title
- Can we trust the reviews on Trustpilot? | Boardroom Uncovered
- Runtime
- 34:14
- Date posted
- 10 months ago
- Description
- Since Trustpilot was founded in 2007 by Peter Holten Mühlmann, the company has set about becoming a household name and, for many, a go-to destination to find out more about what others think of particular companies and experiences.
Now, Trustpilot's CEO has insisted that the reviews site "isn't perfect" but wants to be "the universal symbol of trust".
Speaking to City AM's UK editor, Jon Robinson, on the latest episode of City AM's Boardroom Uncovered, Adrian Blair defended the FTSE 250 business when asked whether Trustpilot could actually be trusted itself.
Watch or listen to more Boardroom Uncovered episodes here 👇
https://linktr.ee/boardroomuncovered
TIMESTAMP:
00:00 Coming up
00:53 Intro
02:12 Unfiltered reviews on Trustpilot
03:00 Adrian's experience with leaving a review
04:05 Adrian's time at Harvard with Mark Zuckerberg
05:35 Unique journey from Nepal to Google
07:38 Growing ...
- Title
- Why a new Rachel Reeves property tax would hit London hardest
- Runtime
- 2:09
- Date posted
- 10 months ago
- Description
- Rachel Reeves needs to plug a more than £40bn black hole in public finances, and she’s promised not to raise headline tax rates on working people.
So, a property tax is on the table, and out of everywhere in the UK, it looks like it would hit London hardest.
The Treasury is reportedly looking into a range of options for how to tax property, and this could be a major part of the Autumn Budget.
There could be a national property tax based on the value of a home, which would replace stamp duty.
Another option is a ‘mansion tax’, which would involve a capital gains tax for the sale of homes over £1.5m.
Read more of the story here 👇
https://www.cityam.com/one-in-ten-london-homes-would-be-hit-by-mansion-tax/
Get more of City AM 👇
🌐 http://www.cityam.com
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Facebook: http://www.facebook.com/cityam
Instagram: http://www.in...
- Title
- UK Online Safety Act: Why will Apple not share encrypted data?
- Runtime
- 1:20
- Date posted
- 10 months ago
- Description
- The UK's ongoing nightmare over its online safety legislation has just cranked up a notch.
Now, the Labour government had to back down on plans to force Apple to share encrypted user data via a ‘back door’, after an official order under the Investigatory Powers Act.
Additionally, what the government sees as powers to make the internet safer, key figures in the Trump administration view as an attempt to put curbs on freedom of speech.
Click the related video link for more on this story ▶️
#uk #news #politics #childprotection #labourparty #keirstarmer #donaldtrump #elonmusk #jdvance #economy #economics #finance #business #tech #technology #apple #internetsafety #onlinesafety #socialmedia #vpn
- Title
- UK Online Safety Act: Why will Apple not share encrypted data?
- Runtime
- 2:22
- Date posted
- 10 months ago
- Description
- The UK's ongoing nightmare over its online safety legislation has just cranked up a notch.
Now, the Labour government had to back down on plans to force Apple to share encrypted user data via a ‘back door’, after an official order under the Investigatory Powers Act.
Additionally, what the government sees as powers to make the internet safer, key figures in the Trump administration view as an attempt to put curbs on freedom of speech.
Read more of the story here 👇
https://www.cityam.com/uk-backs-down-on-plans-to-force-apple-to-share-encrypted-user-data/
Get more of City AM 👇
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Produced by: Matt Kenyon, Scarlett Wild, Emmanuel Nwosu
#uk #news #apple #politics #politic...
- Title
- Can Monzo and Revolut dominate UK fintech with 'super apps'?
- Runtime
- 1:07
- Date posted
- 10 months ago
- Description
- Monzo and Revolut are changing the game with their plans to build “super apps”.
For Revolut, this has included the launch of its hotel booking platform “Stays” in 2021, its crypto network in 2024 and mobile services in 2025.
Now, Monzo has hopped on the mobile market ship with confirmation that the group is exploring plans to offer phone services.
Consumers have responded to this with open arms, with Monzo boasting over 13 million users and Revolut recently surpassing banking giant HSBC with over 50 million customers globally.
However, the push to diversify is beyond just a gimmick – and for many fintech firms, it could be an existential mission.
Click the related video link for more on this story ▶️
#uk #news #business #economics #economy #banking #technology #tech #finance #personalfinance #interestrates #fintech #monzo #revolut #wechat
