From nationalising utilities to spending on welfare, Andy Burnham is talking as if Britain's a rich country. In fact, the economy is on life support, taxes are too high and unemployment's rising. Will he grasp the scale of the challenge or lead Britain down a disastrous path?

Week in Business is also available in video format here. 

What's left of the Labour government is scrambling around for policy ideas as the UK economy faces a battering storm, while Labour leadership candidates Andy Burnham and Wes Streeting have fired the starting gun on a new debate about tax hikes, spending plans, Brexit and how to beat Nigel Farage. City AM Editor Christian May says businesses should buckle up for another crazy ride. 

Week in Business is also available in video format here. 

Even by the standards of this government, this week has been extraordinarily chaotic. Upwards of 100 MPs have lost confidence in Keir Starmer, Wes Streeting looks poised to make a challenge, and Angela Rayner and Andy Burnham lurk in the wings. 

In this instalment of Week in Business, City AM Editor-in-Chief Christian May digs into the carnage that awaits the economy, the markets, and the British public. 

Week in Business is also available in video format here. 

The 1970s was a bleak time for the UK - are we heading back in that direction? City AM Editor-in-Chief Christian May discusses in this instalment of Week in Business. 

Week in Business is also available in video format here. 

City AM's Editor in Chief reacts to the Green Party's comments on his column. 

In his recent leader column Christian wrote "Polanski’s simplistic economic analysis makes for a simple wish list, including taxing the oil and gas companies out of existence; nationalising utilities; slapping wealth taxes on the rich; introducing rent controls; and spending money like a drunken sailor." 

Find out what the Greens had to say in response. 

Week in Business is also available in video format here. 

After years of scrutiny and regulatory wrangling, Revolut has finally secured its UK banking licence. On one level, it’s just another regulatory milestone on a long and interesting journey. 

On another, it marks the moment when an insurgent fintech disruptor becomes something much bigger: a fully-fledged bank in its home market.

City AM Editor-in-Chief Christian May has all the analysis in this instalment of Week in Business. 

Week in Business is also available in video format here. 

War in the Middle East rendered the Chancellor’s Spring Statement “irrelevant” according to City analysts as the economic impacts of the Iran conflict become frighteningly clear.

Rachel Reeves made just a passing mention of the Iran war when she addressed MPs on Tuesday, referring briefly to global instability while trying to paint a picture of domestic economic harmony.

I can’t sugar coat it; the Chancellor appeared out of the loop, out of depth and out of ideas. 

Week in Business is also available in video format here. 

We haven’t heard much from Rachel Reeves so far this year – probably a deliberate strategy – but is the Chancellor set to make waves next week at the Spring Statement?

My fear is that a low-key Spring Statement followed by political turmoil in the Labour party – basically a given with local elections just a few months away – will mean we face at best another year of managed decline or, at worst, a harsh leftward turn from a government that has already demonstrated that it doesn’t have a clue how to grow the economy. 

Reeves has been keeping a low profile, but the spotlight is about to turn on her.

Week in Business is also available in video format here. 

A viral post from an AI investor warns most people have no idea how good AI is, or how quickly it will come for their jobs. 

Will it come for mine? 

Maybe.

If you’re listening to this and you’re thinking “Jesus Christian keep up, I’ve been doing that for months, I’ve been vibe coding, I’ve been deep in Claude” then fair enough, but I belong to the group of people who right now only scratch the surface of AI’s capabilities – and that is most people.

Week in Business is also available in video format here. 

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.