The City AM Live Blog

Good morning from the City AM liveblog team.

15 months on from Labour’s stunning general election victory and a month out from its next budget, how is the City feeling about the current government?

It’s safe to say that enthusiasm has waned a little since high expectations were set last year. Some City analysts are careful with their words, pointing to a series of domestic “challenges” or “headwinds” facing businesses, alluding to “issues” such as “fiscal policy”. Others, such as those at Shore Capital, are a little more blunt .

Describing Britain’s political leaders as “detached, ignorant, and selfish”, Shore Capital analysts Clive Black and David Hughes said the Treasury “just do[es] not understand the damage they are causing to this country’s consumer econo

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