Sunday 28 June 2026 6:01 pm  |  Updated:  Friday 26 June 2026 4:41 pm

Whoever’s our next PM, please let the City help you

By: Chris Hayward

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No matter who inhabits 10 and 11 Downing Street, the City Corporation is ready to help drive growth, writes Chris Hayward

The latest departure of a UK Prime Minister marks another moment of political flux in the decade since the UK left the European Union. The CBI was right to respond to Sir Keir Starmer’s resignation by calling for “stability, confidence and a clear path to growth”.

Truth be told, UK growth has been hard to come by in recent years, hampered by a series of economic shocks. Since 2009, business leaders and successive UK governments have endured Brexit, Covid-19, the second war in Ukraine and now Middle East instability threatening global energy supply.

Yet amid the uncertainty there is emerging clarity, domestically at least. There may be a new Chancellor, and Andy Burnham will likely be the next Prime Minister.

Reported counsel from key figures including the former Chief Economist of the Bank of England Andy Haldane, former Office of Budget Responsibility chairman Richard Hughes and former Goldman Sachs economist Lord O’Neill is welcome.

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