As it happened: Choppy finish for FTSE 100 as global markets rocked by AI sell-off Markets Welcome back to the City AM liveblog. Businesses have raised the alarm over falling vacancies as new data showed a further weakening in the jobs market. Vacancies remained at a five-year low in April 2026, with a leading industry group saying recruiters were “pausing” plans to hire workers. The British Chambers of Commerce’s head of [...]
FTSE 100 Live: Stocks jump; oil dips below $100 as Trump says Iran deal close Markets Good morning and welcome back to the City AM liveblog. Brent crude dipped below $100 at Wednesday lunchtime after Donald Trump has hailed “great progress” towards a “final agreement” with Iran, prompting a rally in the FTSE, Asian markets and Wall Street. In a sudden reversal late last night, President Trump said he will pause [...]
FTSE 100 Live: Gilt yields surge over Starmer fears; Intel, Pinterest shares rocket Markets Good morning and welcome back to the City AM liveblog. Gilt yields have risen to their highest rate in nearly thirty years, as markets weigh up the prospect of an ousted Keir Starmer and lurch to a more left-wing government that might follow. The yield on 30-year government bonds rose 11 basis points on Tuesday [...]
Trans-Atlantic bid for DCC sends £5bn energy firm to top of FTSE 100 April 29, 2026 London-listed sales and distribution services group DCC became the target of a new trans-Atlantic bid for a top-tier FTSE 100 firm on Wednesday, sending its shares soaring. The Dublin-based firm received an offer from famed US private equity house Kohlberg Kravis Roberts & Co, which linked up with Energy Capital Partners. DCC said it had received [...]
FTSE 100 sees best winning streak in two years as trade war fears abate April 22, 2025 The FTSE 100 finished in the green on Tuesday for the seventh consecutive day, notching its best run of gains in two years as investor worries over protracted trade wars began to soften. London’s blue-chip index closed on a 0.64 per cent gain at 8328.60. Distribution firm Bunzl ended trading as one of the top [...]
DCC: FTSE 100 giant to sell healthcare division for £1.1bn April 22, 2025 DCC has announced plans to sell its healthcare division to Healthco Investment Limited for £1.1bn as part of the FTSE 100’s company’s plan to shift its focus toward energy. The value of the deal is around 12 times DCC’s full-year adjusted operating profit and will see £945m in net cash proceeds over the coming years. [...]
Irish FTSE 100 giant DCC picks up £90m UK green ‘retrofit’ firm May 14, 2024 DCC have bought Next Energy, a key provider of home energy retrofitting services
DCC splashes £213m on Medi-Globe in sustained acquisitions spree September 8, 2022 DCC has splashed €245m (£213m) on medical device company Medi-Globe, in the healthcare division’s biggest acquisition. The buyout, which is still subject to competition regulatory approval in Germany and France, is expected to be completed in the final few months of the year and drum up a mid-teen return on capital over the next three [...]
DCC boss hails ‘astonishing year’ as PPE demand boosts profit May 18, 2021 DCC appoints former JP Morgan investment banker as its next chairman
DCC snaps up medical supplier Wörner for €80m March 15, 2021 FTSE 100 services firm DCC has this morning bought German medical supplier Wörner for around €80m (£68.5m). The firm supplies equipment such as PPE, COVID antibody tests, injectables, wound care to around 20,000 customers in Germany in Switzerland. It recorded revenue of approximately €70m in 2020. Irish firm DCC said that the move would provide [...]