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Markets

  • London IPO market may yet recover in 2026, Peel Hunt says

    March 19, 2026

    The London IPO market could still see a revival before the end of the year, according to City broker Peel Hunt, as a number of blue chip firms wait patiently for geopolitical tensions to die down before firing the starting gun on their own floats. Brian Hanratty, head of equity capital markets at Peel Hunt, [...]

  • ‘Confidence exits UK economy’: FTSE 100 dips below 10,000 mark

    March 19, 2026

    The FTSE 100 dipped below the 10,000 mark as stocks plunged on Thursday on fears the war in the Middle East was set to bring regional energy production to a halt.  Traders sold off assets en masse over the course of the day, with the FTSE 100 falling by some 2.5 per cent amid turmoil [...]

  • Natwest and Lloyds shares sink as Iran tensions drag FTSE 100 into red

    March 19, 2026

    The FTSE 100 was treading slightly above the 10,000 mark on Thursday as fears grew that the index could slip underneath the milestone. London’s blue-chip index fell 2.7 per cent by the afternoon to lows of 10,002.30p. It came as shares in a number of the City’s banking giants led the FTSE 100’s downturn this [...]

  • Oil and gas prices surge after Trump threatens to ‘blow up’ Iran energy site

    March 19, 2026

    The surging price of oil and gas rocked markets this morning as tensions across the Middle East continued to spike fears of an energy crisis. Brent crude – the international benchmark for oil – hit $113 this morning, one of the highest levels since the conflict broke out three weeks ago. Meanwhile the price of [...]

  • Bank of England Live: Interest rates held in first unanimous vote in eight years

    March 19, 2026

    Welcome back to City AM‘s ongoing coverage of the interest rates decision. Interest rates have been held as rate-setters at the Bank of England warned the war in Iran could send prices spiralling as soon as April.  In the first totally unanimous vote in eight years, all members of the Monetary Policy Committee voted to [...]

  • Interest rates set to be held as Bank backs ‘defensible strategy’

    March 19, 2026

    The Bank of England is set to hold interest rates at a crunch decision this afternoon as policymakers will opt for a “defensible strategy” in the face of uncertainty from the war in the Middle East. Markets have all but priced in a pause in interest rate cuts on Thursday, with most Monetary Policy Committee [...]

  • ‘Panic mode’: FTSE 100 sinks as oil spikes on Iran’s energy threats

    March 18, 2026

    Markets were thrown into “panic mode” on Wednesday as the surging price of oil rattled global equities. The price of Brent crude – the international benchmark for oil – spiked as much as five per cent to $110 per barrel as energy facilities across the Gulf faced evacuation following the latest threats from Iran. The [...]

  • City AM Awards 2026: Meet the Finalists

    March 18, 2026

    And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of the UK’s most prominent business leaders, known for his straight talking and punchy views across a range of topics including UK entrepreneurship, the business environment, capital markets and, of course, energy. In August [...]

  • Diploma: Shares in FTSE 100 giant boom after profit upgrade

    March 18, 2026

    Shares in specialist tech supplier Diploma boomed on Wednesday morning after the group slapped a hefty upgrade on its financial targets for 2026. The firm’s stock was up as much as 15 per cent on open to 5,771.06p. It came as the FTSE 100 giant said it expects revenue growth to come in at nine [...]

  • Nigel Farage Bitcoin firm turns to the public to raise cash – at double the price

    March 18, 2026

    A Bitcoin business run by former Chancellor Kwasi Kwarteng which counts Nigel Farage as one of its biggest investors has turned to the public to raise cash. Stack BTC, which is listed on London’s Aquis stock market, is seeking to raise as much as £250,000 from retail investors via the issue of fresh shares. But [...]

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