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Markets

  • Pound sinks to seven-month low after Reeves spikes tax fears

    November 4, 2025

    The pound took a plunge this morning after Chancellor Rachel Reeves spooked the markets with a speech laying the groundwork for big tax hikes in her Autumn Budget. Sterling fell to its lowest since April against the dollar this morning at $1.30 – a 0.46 per cent loss today alone. The pound was also struggling [...]

  • FTSE 100 Live: Reeves faces MPs grilling, blue-chip stocks fall

    November 4, 2025

    Welcome back to City AM live blog, This morning, Rachel Reeves took to Downing Street to lay the grounds for the Autumn Budget. In a speech that raised eyebrows across the City, she attempted to offshore the blame for the country’s economic woes to the previous Conservative government. The Chancellor laid out the economic choices [...]

  • FTSE 100 Live: Brave Bison eyes takeover, Ryanair earnings jump

    November 3, 2025

    Good morning from the City AM liveblog team. A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent in October [...]

  • Londoners race to invest as the rest of the country falls behind

    October 31, 2025

    Londoners are gearing up to invest in the stock market in 2026 but the rest of the country is failing to shift away from cash savings.  According to fresh research from wealth manager Stratiphy, nearly 70 per cent of Londoners are planning on investing in the next 12 months, in a bid to secure higher [...]

  • Cindrigo shares lift as energy firm debuts on London’s main market

    October 31, 2025

    Energy developer Cindrigo today became the latest business to float on the London Stock Exchange, rounding off one of the busiest months for London listings in years after a prolonged drought. The Finnish business has joined the main market of the exchange after raising proceeds of £2.1m. The shares have been priced at 12p each, [...]

  • Princes Group prices London IPO at bottom end of range

    October 31, 2025

    Shares in Princes Group made their debut on the London Stock Exchange on Friday, rounding off a rare, busy month of listings for the British bourse after a prolonged drought.  The Liverpool-based business, which makes Branston beans, Batchelors peas and Napolina olive oil, had set its offer price at 475p, the bottom end of the [...]

  • House prices edge higher amid Budget speculation

    October 31, 2025

    UK house prices rose for a second consecutive month, as buyers remained resilient amid growing tax rise speculation in the upcoming Autumn Budget. The average value of a house increased 0.3 per cent to £272,226 in October, according to Nationwide’s latest housing pricing index. House prices were 2.4 per cent higher than last year, following [...]

  • FTSE 100 Live: OpenAI plots IPO, Shell kicks off $3.5bn buyback

    October 30, 2025

    Good morning from the City AM liveblog team. The war of words between banks and private credit ratcheted up on Wednesday, after a trio of bosses from private lenders rounded on claims their industry played a pivotal role in a string of recent debt-related collapses, branding it “misinformation”. During a fiery evidence session in the [...]

  • Pension tax grab could threaten retirement for millions

    October 30, 2025

    A potential raid on pensions in the upcoming November Budget could cause pension funds to lose billions, threatening businesses and the retirement outcome for millions of Brits. UK pension funds could suffer a £50bn loss over the next five years if the Treasury decides to slash pension tax reliefs, according to analysis from wealth manager [...]

  • Another London blow as British engineering firm Doncasters plots New York IPO

    October 29, 2025

    The London Stock Exchange could be dealt another blow as one of the oldest engineering firms in Britain is reportedly drawing up plans for a New York IPO. Leeds-based Doncasters Group, a key supplier to Boeing, is understood to have approached banks over the share sale and is eyeing a 2026 float. Doncasters, which was [...]

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