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      Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

      Former Chairman of Reform UK, Zia Yusuf addresses Reform UK supporters.

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      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

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Markets

  • Small cap tech firm quits LSE to cut costs in latest market blow

    May 27, 2026

    Small-cap semiconductor firm Nanoco Group is quitting the London Stock Exchange in a bid to save £700,000 a year, in the latest setback for Britain’s struggling public markets. The Manchester-based tech business said the annual costs of maintaining its listing had become too burdensome for a company of its size, as it blamed weak liquidity [...]

  • As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow

    May 27, 2026

    Good morning and welcome back to the City AM liveblog. Global markets were able to take the new developments in the Middle East in their stride on Tuesday amid hopes a peace deal was on the horizon. The FTSE 100 ended the day in the green and despite some choppy trading oil prices eased. This [...]

  • As it happened: Petrol prices surge to Iran war record as Kingfisher helps lift stocks higher

    May 26, 2026

    Good morning and welcome back to the City AM liveblog. The City is returning from the Bank Holiday break to find the tensions in the Middle East continuing in a stalemate – or perhaps a further escalation than last week. After days of threats President Donald Trump has issued a strike on Iran, which he [...]

  • Trump on Iran: ‘Either a great deal or no deal’ as oil price reacts

    May 25, 2026

    The prospect of a lasting peace deal between the US and Iran pushed the global oil price lower on Monday even as secretary of state Marco Rubio’s warned that a deal was far from done, putting a dampener on traders’ hopes. Brent Crude fell by over five per cent on Monday, taking the world’s main [...]

  • Businesses brace for more layoffs as redundancy warnings climb to post-Pandemic high

    May 22, 2026

    Last year emerged as the most severe year for redundancy warnings since the height of the Covid pandemic, and early 2026 is already accelerating that trend. According to new data from the Liquidation Centre, sourced via an FOI, 2025 was the most severe year for redundancy warnings since 2020, with 315,605 jobs flagged for potential [...]

  • Rachel Reeves oversees borrowing spike as benefits spending offsets tax haul

    May 22, 2026

    Rachel Reeves oversaw a surge in borrowing in the first month of the financial year as April’s figures hit the highest since 2020 on higher benefit spend. Government borrowing – which marks the difference between total public sector spending and income – topped £24.3bn in April 2026, according to the Office for National Statistics (ONS). [...]

  • As it happened: Stocks jump on peace hopes; Reeves hit by falling retail sales and surge in borrowing

    May 22, 2026

    Good morning and welcome back to the City AM liveblog. Oil prices remain volatile and heightened as peace talks in the Middle East continue to run into stumbling blocks. Brent crude futures were up to $104 this morning following reports that Iran’s Supreme Leader was ordering for the nation’s enriched uranium reserves to remain in [...]

  • ‘Exceptionally challenging’: Starling puts climate target under review

    May 21, 2026

    Starling has placed its target to reduce carbon emissions by one-third by 2030 under review after it cited “exceptionally challenging” roadblocks in its mission. The UK fintech – which published its annual report on Thursday – had targeted achieving net zero across the financial services group by 2050. On the road to this goal, the [...]

  • Losses balloon at Easyjet despite seeing ‘no disruption’ to jet fuel supplies

    May 21, 2026

    Easyjet has played down fears that a jet fuel crisis caused by the Middle East will rip through its low-cost model, saying it has kept price rises to a minimum despite losses at the carrier ballooning to more than half a billion pounds. The London-listed carrier told investors it was “not seeing any disruption” to [...]

  • BT overhauls dividend policy as it vows ‘enhanced distributions’ for shareholders

    May 21, 2026

    BT has refreshed its dividend policy as the telco giant vowed to deliver “enhanced distributions” for shareholders. The FTSE 100 member declared a final dividend of 5.87p, increasing its full-year dividend by 2 per cent to 8.32p. BT said its new policy would be to “grow the dividend by low to mid single digit percent [...]

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