Shell eyes profit windfall from surging fuel prices Energy Shell is poised to reap major gains from its refining operations after the global surge in fuel prices dramatically ramped up the group’s profit margins. The blue-chip energy giant said on Wednesday it expects its indicative refining margin – the difference between the cost of crude oil and the market value of finished fuels like [...]
House prices fall faster in London as property market stays ‘subdued’ Property House prices in London fell at a faster rate last month, as homeowners in the capital continue to bear the brunt of the property market slowdown caused by the Iran war. The average house price in London fell by 2.2 per cent to £531,548 in the year to September, according to the Lloyds house price [...]
Exclusive: City Football Group official’s Labour Conference trip made ‘in personal capacity’ Sport Business A senior City Football Group official who attended the Labour party conference days after Manchester City were found guilty of over 100 Premier League charges has told City AM he was there in a personal capacity. Chris Anderson, head of regulatory affairs at Manchester City parent company City Football Group, was among the delegates in [...]
FTSE 100 Live: Stocks to fall as Strait of Hormuz comes under threat October 7, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Oil is treading this morning as tensions in the Middle East offset a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday morning following intensified attacks on tankers in the Strait of Hormuz in recent days. The UK [...]
Labour’s band-aid won’t save the justice system from collapse October 7, 2026 When the buildings designed to deliver justice are infested with rats, it is no surprise that the system itself is rotting from the inside out, writes Maria Ward-Brennan. The terrible state of the justice system is by now well understood, but with the government’s most controversial plan to relive the pressure now partially scrapped, the [...]
Dutch consulting disruptor takes aim at City’s ‘five-to-one’ markup October 7, 2026 Sweav, a Dutch-founded freelance consulting platform, is launching in the UK to challenge the traditional professional services sector on pricing. Speaking to City AM, Joeri Schouten, co-founder of Sweav, said: “The UK is the biggest professional services market in Europe [but] the culture is still much more traditional, very hierarchical, and has an even more [...]
Gen Z accountants think AI fluency gives them the edge over managers October 7, 2026 Young accountants are arriving in the sector confident in their AI skills, but a lack of soft skills is emerging as a new workplace divide. According to new findings from financial tech platform Intuit QuickBooks, based on responses from more than 1000 early-career accountants and finance professionals, almost all (90 per cent) said they will [...]
Three years on from October 7, British Jews are asking: Are we safe here? October 7, 2026 Three years on from the October 7 massacre, Benjamin Bell writes how life has changed for him as a Jewish Londoner.
Will anyone turn Badenoch’s looming battle into a tapestry? October 7, 2026 The Tory party has been enjoying itself in Birmingham, not least thanks to the delightful wheeze of mocking up the Bayeux Tapestry to tell the story of British politics under Labour’s first two years in power. The exhibition may well prove to be among the most popular offerings at the party conference; behind Jeremy Clarkson [...]
Nottingham Forest facing backlash as City Ground expansion set to hit residents in pocket October 7, 2026 Nottingham Forest are facing a backlash from local residents who could be left out of pocket by the club’s £790m expansion of the City Ground. As part of the planning permission granted to increase the capacity of their 31,000-seater stadium to 52,000, Forest have agreed to contribute £4.17m towards improving surrounding travel and transport infrastructure. [...]