In this episode of Week in Business, City AM's Editor in Chief, Christian May, touches on Merck, the £300bn pharma giant, pulling the plug on a £1bn project at London’s King’s Cross. He also dives into why the business community is nervous about the upcoming budget and why the CBI would rather have a broader income tax hike. Week in Business is also available in video format here.
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? Week ...
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. Week in Business is also available in video format here.
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. Easing the burden on taxpayers is not the priority here; however, they dress it up. Week in Business is also available in video form...
Do you know when the UK economy last grew at that rate? City AM's Editor in Chief Christian May asks in this episode of Week in Business. This week, Christian argues that the UK government has taxed too much and has lost control of basic state functions, pointing out that this will drive away not just the non-doms and the super-rich, but people who feel that their efforts aren’t rewarded in the UK. Week in Business is also available in video format here.
Rachel Reeves was right when she said this week that the financial services sector “is critical” for our country, as she charmed the City of London, says City AM's Editor in Chief, Christian May, in this episode of Week in Business. However, Christian points out that too many parts of the country are blighted by low productivity, low income, low levels of investment and a decline in living standards that’s set to last to the end of this decade. Week in Business is also available ...
The Labour government is addicted to tax – it is in their instincts – and they can’t help themselves, says City AM's Editor in Chief, Christian May. This week, Christian dives into why Prime Minister Keir Starmer avoided answering whether or not the government will implement a wealth tax in this year's Autumn Budget and how that will impact the UK economy. Week in Business is also available in video format here.
It’s a year since Labour swept to power, so why does it already feel like we’re watching their dying days? City AM's editor-in-chief, Christian May, asks in the latest episode of Week in Business. Christian discusses Reeves’ tears at this week’s already infamous Prime Minister’s Questions, Starmer’s capitulation to Labour rebels, and the impossible fiscal headache left by the government’s welfare u-turn. Week in Business is also available in video format here.
The chief of one of the UK’s biggest recruitment platforms says the jobs market is about as bad as he’s ever seen, with official data painting a complicated picture. So what’s going on? City AM's Editor in Chief, Christian May, asks in this episode of Week in Business. Week in Business is also available in video format here.
Do you care if the global mega-rich choose Milan over London? Does it matter? Is it good riddance? City AM's Editor in Chief, Christian May, asks in the latest episode of Week in Business. In this week's episode of Week in Business, Christian touches on how the UK's non-dom exodus should be a surprise to no one after Rachel Reeves's tax hikes in last year's Autumn Budget and why a U-turn or tweak to the non-dom rules would be sensible. Week in Business is also available in video f...
It’s almost enough to make you feel sorry for the Chancellor, writes City AM’s Editor in Chief, Christian May. Just days after u-turning on welfare cuts because “the economy has turned a corner” and just hours after promising a period of “national renewal”, official data reveals the UK economy shrank in April. In this episode of Week in Business, Christian examines Reeves' spending review, the economy shrinking in April, and signs of 'inevitable' tax rises in the Autumn Budget. Week in Busine...
Firms abandoning the London market point to the administrative burden, complexity and costs associated with a UK listing while, very often, highlighting the deeper pool of investors, simpler rules and improved liquidity on other exchanges, says City AM's Editor in Chief, Christian May. In this episode of Week in Business, Christian examines why British companies are fleeing the London Stock Exchange to list in New York instead. Week in Business is also available in video format ...
Cracks are appearing in the government’s economic policy – some made by ministers, others by external pressure – the question is, can Rachel Reeves stay in control, and does Keir Starmer want her to? City AM's Editor in Chief, Christian May, asks. Week in Business sees Christian break down the top stories of the week in the UK. This week, he touches on whether or not Starmer should sideline Reeves. Week in Business is also available in video format here.
Rachel Reeves will welcome economic growth, but is this as good as it gets? City AM's Editor in Chief, Christian May, asks. Week in Business sees Christian break down the top stories of the week in the UK. This week, Christian touches on Reeves stating growth figures "show strength and potential" of the UK economy, Yael Selfin, chief economist at KPMG, warning that “the growth spurt was set to be short lived”, and the defence secretary, John Healey, saying the UK’s defence sector is “open f...
Week in Business sees City AM's Editor-in-Chief, Christian May, break down the top stories of the week in the UK. Take a look at the country’s long-term challenges – and take a look at the more immediate difficulties from growth to energy – and it’s clear Britain needs reform, says Christian May, City AM's Editor in Chief, in the latest episode of Week in Business. But does he mean Nigel Farage or something more fundamental? This week, Christian touches on the former Bank of En...
Week in Business sees City AM's Editor-in-Chief, Christian May, break down the top stories of the week in the UK. In this episode, Christian touches on the CEO of BlackRock, Larry Fink, telling The Times that they’re bullish on Britain, believing UK assets to be undervalued, and the billionaire, John Caudwell, suggesting that the UK could benefit from a flood of US talent leaving the country – plus more. Week in Business is also available in video format here.
Week in Business sees City AM's Editor-in-Chief, Christian May, break down the top stories of the week in the UK. In this episode, Christian touches on Chancellor Rachel Reeves' trip to Washington, where she’s limbering up to lock horns with the self-styled Master of the Deal, US President Donald Trump and more. Week in Business is also available in video format here.
Week in Business sees City AM's Editor-in-Chief, Christian May, break down the top stories of the week in the UK. This week’s top stories include Johnny Reynolds being fed up with people criticising him for never having run a business, an unusual letter that City AM got hold of that has today been sent to every member of the House of Lords, and more. Week in Business is also available in video format here.
Is Liberation Day the end of the global economic order and the start of a dangerous new world? City AM's Editor in Chief, Christian May, asked in the latest episode of Week in Business. This week's top story is about Donald Trump hitting the UK with 10 per cent tariffs on exports to the US and how that can impact the economy. Week in Business is also available in video format here.
Week in Business sees City AM's Editor-in-Chief Christian May break down the top stories of the week in the UK. This week’s top stories include Rachel Reeves’ Spring Statement, or ‘emergency Budget’, and Trump confirming his 25 per cent tariff on vehicle imports to the US – plus more. Week in Business is also available in video format here.