As it happend: FTSE 100 edges up as tech rebounds from sell-off; Oil set for weekly gain FTSE 100 Live Welcome back to City AM‘s FTSE 100 live blog. London’s blue-chip index has dipped this morning as tech stocks rebound after a sell-off earlier in the week. Over in Asia, equities bounced back overnight, reversing some of the losses from a heavy selling session after investors ditched their tech exposure following questions around cloud company [...]
As it happened: FTSE 100 surges as London swerves Asian tech sell-off; surprise GDP growth FTSE 100 Live Welcome back to City AM‘s FTSE 100 live blog. Stocks are set to slip on Thursday morning despite a strong close yesterday for the UK’s blue-chip index. The ONS will reveal the rate of GDP growth for August this morning, which economists expect to reveal that the economy has shrunk. Stick with us throughout the [...]
Plus500’s super-app ambitions risk re-telling a familiar London story Fintech Plus500 laid out plans for a super-app across the Atlantic, in this week’s column Samuel Norman looks at how it could frame their future. Also on the agenda, Healey continues pre-Budget summits and does anyone still care about the digital pound? Is a London-listed fintech turning to the US for its monumental ‘super-app’ a point [...]
We have to take difficult decisions with whistleblowers, says FCA boss October 13, 2026 The boss of the UK financial watchdog has said “difficult decisions” have to be taken with some whistleblowers after an investigation was triggered following the suicide of a banker who flagged alleged ties between Jeffrey Epstein and the US commerce secretary. Nikhil Rathi, the chief executive of the Financial Conduct Authority, told MPs on Tuesday [...]
Plus500 turns to US for ‘super-app’ ambitions October 13, 2026 Plus500 has laid out plans for a “super-app” in the US after completing a takeover that will deepen its presence across the Atlantic. The FTSE 250 fintech said on Tuesday it had begun development of a super-app that will offer “sophisticated trading capabilities” and new features for US users. It came as the firm revealed [...]
BP braces for hit of up to $4.5bn in pivot from green energy October 13, 2026 BP is bracing for a hit of up to $4.5bn after a hefty write-down in its energy transition unit, as the firm pivots away from aggressive green targets. The FTSE 100 energy giant told markets on Tuesday its third quarter update – set for the end of the month – would include a post-tax impairment [...]
As it happened: FTSE 100 loses early gains as oil prices stay high October 13, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index made strong gains on Monday morning, jumping more than 0.9 per cent soon after the market open. This follows Tuesday’s strong showing, when the index gained nearly one per cent. In a busy morning the corporate results, Premier Inn owner Whitbread hit [...]
London Stock Exchange faces ‘material depopulation’ October 12, 2026 The London Stock Exchange is facing “material depopulation” following a boom in the M&A landscape dominated by overseas buyers, a top investment bank has warned. Some 42 bids for London-listed firms are currently ongoing with a total market capitalisation of £74bn, according to a new note from Peel Hunt. The figure is more than double [...]
As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal October 12, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index is set to make gains on Monday morning, picking up where Friday’s rally left off. Oil prices fell in early trading, as Brent crude – the international benchmark for oil – dipped below $104 per barrel following President Trump’s plans to import [...]
Britain ‘becoming incubator nation’ of firms that flee London October 11, 2026 The UK is at risk of becoming an “incubator nation” which creates promising start-ups before losing them to rival markets, John Healey has been warned. The Chancellor has been told to take immediate action to revive the London stock market, as City leaders warned that the exodus of British start-ups is “not business as usual”. [...]