Global bond sell-off: Headache for Healey as gilt yields top six per cent Markets 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 [...]
As it happened: FTSE 100 rocked by global bound rout; Oil back over $100 FTSE 100 Live 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
‘Not sustainable’ – French borrowing costs soar amid Budget and election uncertainty Markets France is facing a period of acute bond market stress that could last several years unless the presidential frontrunners for next year’s election commit to tackling its gaping deficit, analysts have warned. The difference between French and German government borrowing costs – a key metric used to determine French debt risk – widened beyond 120 [...]
‘Uncharted territory’: UK economy facing shocks as diesel and borrowing costs surge September 28, 2026 The UK economy entered “uncharted territory” on Monday battling an assortment of financial pressures as fears intensified ahead of the next Budget. Diesel costs surged to a record high of 199.18p per litre marking the latest energy shock on the UK economy. Stations were registered as charging 199.18p per litre, according to the RAC. The [...]
As it happened: FTSE 100 rises but energy shock looms; Healey says government debt an ‘affront to Labour values’ September 28, 2026 Welcome back to the City AM FTSE 100 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. The main event of the day will be Chancellor John Healey’s speech at Labour conference in Liverpool. Here’s a look at some [...]
As it happened: FTSE 100 rebounds as oil drops back on hopes of Hormuz deal September 25, 2026 Welcome back to City AM’s FTSE 100 live blog. 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 on Friday morning: The liveblog has ended.No liveblog updates yet. Load more
Healey plan to slash headroom would ‘not be received well’ by nervous bond market September 24, 2026 John Healey’s reported plans to slash the breathing space the government has before it breaks its spending rules would spark a negative bond market reaction and lead investors to question the country’s commitment to fiscal credibility. Bond traders told City AM that any attempt to significantly reduce its so-called fiscal headroom would leave the country [...]
As it happened: FTSE 100 slips as oil prices surge; Vistry shares crater September 24, 2026 Welcome back to City AM‘s FTSE 100 live blog. 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 today: The liveblog has ended.No liveblog updates yet. Load more
As it happened: US stocks make gains ahead of Trump-Xi summit September 21, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index made gains on Monday morning, turning a corner from heavy losses on Friday. Miners and industrial stocks like Anglo American, Antofagasta and Metlen Energy and Metals were among the FTSE 100’s biggest risers on Monday morning. BP and Shell dragged on the index, [...]
Explainer: What on Earth has the Bank of England done with its bond sale programme? September 18, 2026 The Bank of England chose to hold interest rates at 3.75 per cent on Thursday. But its unexpected overhaul of quantitative tightening could be far more consequential, says Ali Lyon. On days when the Bank of England’s Monetary Policy Committee decides the future of interest rates, that choice – and the thinking that goes into [...]