As it happened: Stocks rises as oil eases but Strait of Hormuz concerns ramp up July 10, 2026 Welcome back to the City AM liveblog. Markets are set to make a loss for the week after the conflict in the Middle East returned to full-blown military action this week. The FTSE 100 has shed over one per cent and is on course to close in the red for the week, even after breaking [...]
Rachel Reeves’ legacy of tinkering with the City is not enough, says Mel Stride July 9, 2026 Sir Mel Stride has branded Rachel Reeves’ legacy in government as mere “tinkering” with City reform as the top Tory predicted her successor will create a “hostile” environment for the banking sector. In an interview with City AM, the shadow Chancellor branded Reeves’ two-years in the Treasury as “managerial incrementalism,” adding it was “not enough”. [...]
Fifa hits back at Trump and Egypt over refereeing bias claims July 9, 2026 Fifa’s referees’ chief Pierluigi Collina has hit back at critics of officiating at the World Cup after President Trump and the Egypt team made allegations of bias. Trump said Raphael Claus, the Brazilian ref who sent off USA’s Folarin Balogun, “was a little bit suspect” and later claimed his pressure had resulted in Fifa suspending [...]
Ed Warner: Why I’m optimistic about the future for Sussex Cricket July 9, 2026 ‘What will you do about your blog?’ was one question at interview, repeated a number of times since I was announced as the chair of Sussex Cricket last week. What of my trenchant criticisms of cricket’s leadership, the sport’s confused calendar and the divide between its haves and have nots? For now, this column and [...]
Trump and Infantino: The venomous relationship between sport and politics July 7, 2026 The debacle between Donald Trump and Gianni Infantino proves beyond doubt sport and politics are intertwined, Matt Hardy writes. “I feel disappointed with too many people. They put politics and manipulation, talk about ethics and integrity [first]. If we talk about the history of this game, I am disappointed in a personal way.” Those were [...]
As it happened: FTSE 100 rises to defy tech gloom; oil creeps up on fresh Iran tensions July 7, 2026 Welcome back to the City AM liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for oil – traded above $72 per barrel on the news, but [...]
As it happened: Stocks slide despite tech and data boost; Oil falls after OPEC+ ups output July 6, 2026 Welcome back to the City AM liveblog. Markets are dealing with a double dose of pressures to start of the new week as investors brace for a crucial earnings season in the artificial sector, whilst an increase of supply on the oil market weighs on prices. Over in Asia, stock markets slipped following a week [...]
Making Miliband chancellor would be a ‘mistake’, Trump officials warn July 4, 2026 Senior officials in president Trump’s administration have privately warned that appointing Ed Miliband as chancellor would be a “mistake”, as speculation over who will take over from Rachel Reeves grows. US officials told their counterparts in Britain, as well as senior Labour figures, that they were concerned about Miliband’s opposition to new oil and gas [...]
OpenAI’s proposed ‘Trump stake’ raises ‘governance overhang’ fears ahead of IPO July 2, 2026 OpenAI’s proposal to hand the US government a five per cent stake in the AI firm has triggered fears that the move could complicate a future public listing. The ChatGPT maker has discussed giving the Trump administration a five per cent equity stake as part of a broader proposal that would see America’s leading AI [...]
As it happened: Stocks rally after US jobs report; Oil tumbles to pre-Iran war levels July 2, 2026 Welcome back to the City AM liveblog. The peace relief rally across markets ground to a halt yesterday as investors were rocked by new tensions in the Middle East that threatened all-out war re-emerging between the US and Iran. Negotiations were handed a blow as Donald Trump’s envoys Steve Witkoff and Jared Kushner arrived in Qatar [...]