As it happened: Oil stockpiles ‘scarily thin’; BT jumps on TalkTalk rescue deal FTSE 100 Live 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 [...]
G7 agrees to release diesel reserves after crisis meeting Energy Leaders from the G7 have agreed to tap into 100m of diesel and oil from their reserves in a bid to stave off a soaring supply crisis and end an escalating feud between the Euope and the US. The club of wealthy democracies said on Friday that they would work with the International Energy Agency [...]
Diesel crisis: UK minister holds emergency talks with US energy secretary Energy Energy secretary Miatta Fahnbulleh is holding crunch talks with her American counterpart about an escalating diesel spat that has seen Treasury secretary Scott Bessent urge Europe to release emergency reserves “immediately”. City AM understands that Fahnbulleh is in direct contact with US energy secretary Chris Wright to discuss a US move to potentially choke off [...]
Claimant law firms seek appeal in Diesel emissions legal battle September 28, 2026 A group of car manufacturing giants may be forced back to the High Court to defend allegations that they installed devices to curb diesel emissions tests. In the case nicknamed ‘Dieselgate’, the High Court handed down a judgment in July ruling in favour of the carmakers, but claimants, over a million motorists, a law firm [...]
Diesel ban: UK to be ‘even more exposed’ if Trump follows through on export threat September 25, 2026 After Trump announced a ban on exports of diesel, Mauricio Alencar explores how it could impact the UK economy. President Trump’s newest trade threat sent markets into a frenzy once again on Friday. Earlier this week, Trump said he would back Republican proposals to halt exports of diesel in order to ease prices ahead of [...]
The £100k BMW M3 CSL proves that some cars get better with age September 3, 2026 BMW’s rare E46 M3 CSL was fast, furious and fiercely exclusive when it launched in 2003. More than two decades on, this lightweight legend is still turning heads What is the BMW E46 M3 CSL? It seems the moment you drive a shiny new car off the showroom forecourt, it’s replaced by something a little [...]
Has Range Rover just abandoned the SUV? July 28, 2026 The Range Rover GT brings electric grand touring to JLR’s EMA platform with bold styling and impressive refinement. The Range Rover GT is the latest addition to JLR’s luxury line-up, and the fifth model in the Range Rover family, blending the style of a grand tourer with the practicality of an SUV. Revealed ahead of [...]
New BMW X5 gets diesel, hybrid, electric and hydrogen versions July 23, 2026 BMW’s new X5 offers more powertrain choices than ever, combining diesel, plug-in hybrid, electric and future hydrogen technology. BMW’s fifth-generation X5 arrives with more powertrain choices than any version before it, including a hydrogen model due in 2028 built with Toyota. Rather than picking a side in the electric transition, BMW is selling all sides [...]
The Executive Ledger: Is the company car consigned to history? July 17, 2026 | Sponsored The traditional executive company car used to be defined by a beautifully simple set of rules, writes motoring journalist Tim Barnes-Clay. It required a German saloon, 3.0 litres of naturally aspirated displacement, finished in metallic paint, and a designated parking space close to the boardroom doors. It was a statement of seniority, paid for by [...]
Tesco fuel sales drag up slowing growth June 18, 2026 Tesco has revealed a nearly 20 per cent boost in fuel sales as the Iran war sends petrol prices soaring, dragging up otherwise slowing revenue. The FTSE 100 supermarket saw fuel sales jump by 19.5 per cent to £1.7bn in the three months to May, while total sales growth slowed to one per cent to [...]