As it happened: FTSE 100 gives up gains as oil rises despite emergency release; UK GDP revised

Welcome back to the City AM liveblog.

Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it.

Here’s a look at some of our top headlines:

• Revolut and Nubank want to make neobanking their world
• Reform UK and Tories attack Burnham’s triple lock pension move
• End the non-competes! Tech bosses warn ‘unfair’ rules are choking UK growth
• Technology, data and infrastructure the new frontier for sport investment
• New Brewdog owner mounts comeback from ‘horrible’ collapse