As it happened: Oil stockpiles ‘scarily thin’; BT jumps on TalkTalk rescue deal

Welcome back to City AM‘s FTSE 100 liveblog.

Markets are hoping to claw back some of last week’s losses to kick off the week after a global bond rout set ripples through the world’s top exchanges.

The FTSE 100 is gaining on Monday, reversing some of its losses from Friday. This morning, Brent crude – the international benchmark for oil prices – has given up some modest gains but is holding firm over the $100 mark.

Stick with us throughout the day for the latest news from the London Stock Exchange and the wider business world, as soon as we get it.

Here’s a look at some of our top headlines:

• Healey’s headroom ‘could wiped out by Iran war’
• Heathrow and housing: Griffith pledges ‘most ambitious deregulation project’ in generation
• Badenoch says triple lock pension is ‘right policy’ as new Tory blueprint announced
• Britain’s second richest person leaves for Monaco amid tax bite
• Wetherspoon boss blasts Soho’s ‘barmy’ vertical drinking crackdown