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      Healey is chasing away City professionals for very short-term gains

      John Healey, a bald man in a dark suit and red patterned tie, walks holding red and green folders.

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bond markets

  • Revolut boss says US primary listing was ‘always the target’

    Fintech

    The boss of Revolut has said a primary listing in New York was “always” the company’s top goal, in a snub to the London Stock Exchange after a years-long charm offensive. Nik Storonsky, the founder and chief executive of Revolut, said a primary listing in the US was “always the target, given the deep liquidity [...]

    Revolut CEO Nik Storonsky speaking at a business conference, wearing a suit and tie, addressing financial innovation.
  • FTSE 100 Live: Stocks rally as oil falls back after Trump’s Iran war pledge

    FTSE 100 Live

    Welcome back to the City AM liveblog. Donald Trump has said the US has engaged in “productive discussions” with Iran and would refrain from attacking the country before the midterm elections, bringing relief to the oil market. It’s taken the price of Brent crude back slightly, though it has remained around $103 per barrel after [...]

    The UK could enjoy a 50 per cent production boost without breaking its net-zero pledges
  • As it happened: Oil surges after Trump says he doesn’t ‘really want’ Iran peace

    FTSE 100 Live

    Welcome back to City AM‘s FTSE 100 liveblog. The FTSE 100 has returned to the red after markets were hit by the spiking price of oil this week that led to a global bond sell-off. The UK’s 10-year gilt yield rose ten basis point yesterday before giving up some gains to settle seven basis points higher at [...]

    Donald Trump speaking outdoors, wearing a suit and red tie, with an American flag in the blurred background.
  • As it happened: FTSE 100 slide as oil price jumps; Global bond yields higher

    October 7, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. Global markets are swimming in the red as the price of oil trends higher following tensions in the Middle East offsetting a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday following intensified attacks on tankers in the [...]

  • As it happened: FTSE 100 jumps as oil price eases after crude exports rise

    October 6, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. The oil market is getting some relief as crude exports recover but the price of a barrel is stubbornly holding over the $100 mark. Brent crude – the international benchmark for oil prices – traded near $100 per barrel on Tuesday morning after declining in the previous session. It [...]

  • Old fault lines are threatening to rock the Eurozone

    October 6, 2026

    After years in which central-bank backstops encouraged Eurozone investors to look the other way, the bond market has finally started to notice.

  • As it happened: Oil stockpiles ‘scarily thin’; BT jumps on TalkTalk rescue deal

    October 5, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. Markets are hoping to claw back some of last week’s losses to kick off the week after a global bond rout set ripples through the world’s top exchanges. The FTSE 100 is gaining on Monday, reversing some of its losses from Friday. This morning, Brent crude – the international [...]

  • As it happened: Stocks bounce as G7 approves emergency oil release after bound rout

    October 2, 2026

    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: The liveblog has ended.No liveblog updates yet. Load more

  • Global bond sell-off: Headache for Healey as gilt yields top six per cent

    October 1, 2026

    The yield that the UK government pays on its 30-year government bond rose above six per cent for the first time in this millennium, putting Chancellor John Healey in a collision course with markets. Long-term gilt yields, which determine the size of UK government borrowing costs, skimmed 6.04 per cent in the early hours of [...]

  • Britain may not be facing economic apocalypse, but it looks that way

    October 1, 2026

    Despite a challenging economic landscape marked by rising inflation and borrowing costs, the UK economy demonstrates unexpected resilience and potential for recovery, says Daniel Mahoney It is fair to say the economic landscape looks bleak. Brent Crude is hovering around $100 a barrel and rising gas prices are set to drive up inflation. Meanwhile, markets [...]

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