‘Difficult year’ for discount retailer B&M as profits fall almost a half June 3, 2026 A series of updates from London-listed retailers has light on the battle for sales between online and traditional outlets, with household spending under pressure, writes Michael Hunter. FTSE 250 retailer B&M has revealed a drop of almost a half in annual profit in what it called a “difficult year”. It was the most eye-catching piece [...]
As it happened: Stocks jitter on stalling US-Iran talks; OECD unemployment warning June 3, 2026 Welcome back to the City AM liveblog. Markets are being pulled in countless directions from the conflicting information emerging around the conflict in the Middle East. The FTSE 100 managed to shrug off some of these jitters yesterday and secure a finish 0.3 per cent higher as the price of oil slipped. But this morning [...]
This is why the City’s fintech IPO boom hasn’t happened yet June 3, 2026 Hopes remain high for a flurry of fintech listings, in this week’s column Samuel Norman takes a look at whether this could come to fruition and what could be holding it up. City officials have pinned a hefty portion of their hopes for a London Stock Market revival on the nation’s fintech stars. Rachel Reeves [...]
As it happened: Stocks shrug off stalling Iran peace talks; OBR warns Reeves June 2, 2026 Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday after reports emerged from Iranian state media that Tehran was pulling out of peace talks with the US. A proposal that included a 60-day cessation of violence and a play to re-open the Strait of Hormuz has hung in the balance [...]
Easyjet fires back at ‘highly opportunistic timing’ as Castlelake weighs takeover bid June 1, 2026 Easyjet has fired back at speculation of a takeover, after reports emerged that private credit firm Castlelake was weighing a bid. The budget airline said it notes the “highly opportunistic timing” of a potential offer as it asserted its share price is “temporarily depressed due to the current situation in the Middle East and its [...]
As it happened: FTSE 100 plunges as Iran pulls out of US peace talks; Mandelson files released June 1, 2026 Good morning and welcome back to the City AM liveblog. Oil has nudged a touch higher to $93 per barrel this morning as uncertainty continues to cloud any prospect of a peace deal in the Middle East. The latest peace proposal between the US and Iran was said last week to be awaiting on the [...]
As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal May 29, 2026 Good morning and welcome back to the City AM liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]
As it happened: Stocks plummet on latest Iran war tensions; Neets crisis a ‘human tragedy’ May 28, 2026 Good morning and welcome back to the City AM liveblog. The US and Iran are back to exchanging fire in a major blow to hopes of peace in the Middle East. Tehran struck an American airbase overnight in its retaliation for the US striking a military site that it said “posed a threat to US forces [...]
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 [...]