As it happened: Stocks rally; US to unveil ‘economic D-Day’ Iran sanctions FTSE 100 Live Welcome back to the City AM liveblog. The FTSE 100 rallied on Monday afternoon following a brief slump in the early afternoon. Wier, Airtel Africa and Intercontinental Hotels Group led the index’s risers while Autotrader and Melrose Industries dragged on the index. The attention of investors is trained on the other side of the Atlantic, [...]
JD Sports shares crater after ‘King of Trainers’ warns on profit Retail JD Sports has slashed its profit target as the growth plan led by chief executive Régis Schultz loses steam, sending its share price into a tailspin. The sports and fashion retailer saw sales performance improve in the UK, but a slowdown in the US and intense discounting by rivals is dragging on the firm’s profit, [...]
As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again FTSE 100 Live Welcome back to the City AM liveblog. The FTSE 100 has slipped to a week low on Thursday, as JD Sports dragged on the index after warning on profit. The blue-chip index fell to 10,693 around midday, marking a 0.46 per cent drop on Wednesday’s close and a 0.7 per cent fall in the week [...]
As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz August 19, 2026 Welcome back to the City AM liveblog. The FTSE 100 is falling on Wednesday as oil prices continue their march upwards and investors digest a jump in inflation. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading [...]
Diageo boss ‘drastic’ Dave Lewis eyes £20m pay deal as 2,000 jobs slashed August 18, 2026 Diageo boss Sir Dave Lewis could take home as much as £20m in pay for the next year, it has emerged, while the drinks giant sheds 2,000 staff. The chief executive of the Guinness and Smirnoff maker could make as much as £20m in the year to June 2027, though he is more likely to [...]
As it happened: FTSE 100 mixed; oil breaks $91 as Trump rules out new US-Iran ceasefire August 18, 2026 Welcome back to the City AM liveblog. Oil prices are marching higher after Donald Trump refused to extend the ceasefire between the US and Iran following its expiration on Monday. Brent crude – the international benchmark for oil prices – broke above $91 per barrel as tensions persisted over the Strait of Hormuz and a [...]
‘We have been ignored for most of our life,’ says FTSE 100’s newest bank August 17, 2026 Lion Finance thought of itself as the London Stock Exchange’s wallflower. But after its promotion the the market’s blue-chip index earlier this year, the bank is finally getting noticed. Shares in the group formerly known as Bank of Georgia have enjoyed a quiet ascent since the beginning of 2022. In that four-year window the stock [...]
As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat August 17, 2026 Welcome back to the City AM liveblog. Oil prices have edged back up to more than $89 per barrel after the war of words between the US and Iran over the Strait of Hormuz continued over the weekend. Donald Trump has threatened to seize the narrow waterway and make it a US territory, marking a [...]
As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war August 14, 2026 Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after suggestining it could [...]
As it happened: FTSE 100 drops as Antofagasta prompts miner sell-off; oil prices cool August 13, 2026 Welcome back to City AM liveblog. The FTSE 100 dropped on Thursday morning, as the mining sector dragged on the blue-chip index. Antofagasta has fallen furthest, by nearly five per cent, after investors pounced on a production shortfall and cut to full-year guidance disclosed in its update this morning. This spook has weighed on the [...]