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      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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  • Hikma: FTSE 100 giant’s boss replaced by former chief after share price woes

    December 15, 2025

    The boss of FTSE 100 giant Hikma Pharmaceuticals will be replaced by the firm’s former top chief after the group’s share price dropped by nearly a quarter this year. Riad Mishlawi has exited his role as chief executive at Hikma, with executive chairman Said Darwazah to step into the post with “immediate effect”. It ends [...]

  • FTSE 100 Live: Blow for Reeves as economy shrank ahead of Budget

    December 12, 2025

    Good morning and welcome back to the City AM liveblog. Today fresh economic data has given another crucial assessment of the Chancellor’s growth agenda. The UK economy shrank 0.1 per cent in October as businesses paused investments amid consistent rumours around upcoming tax hikes in Rachel Reeves’ second Autumn Budget. A Bloomberg poll of City economists had predicted the Office [...]

  • How Natwest, Lloyds, Barclays and HSBC fired up the FTSE 100 in 2025

    December 9, 2025

    If 2025 was supposed to be the year of the AI bubble, nobody told Britain’s banking giants. Amidst the noise of the US tech boom, the UK’s FTSE 100 banking heavyweights, Natwest, Lloyds, Barclays, and HSBC, have staged a formidable, if understated, rally. Lloyds delivered an astonishing 75.8 per cent gain, while Barclays surged 65 [...]

  • FTSE 100 Live: Unilever demerger; House prices hit record high

    December 5, 2025

    Good morning and welcome back to the City AM liveblog. The Autumn Budget started nearly an hour earlier than expected on 26 November after the fiscal watchdog leaked its forecasts for the UK and with it all the Labour government’s economic policy for the next year. But start as you mean to end rings true [...]

  • FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO

    December 4, 2025

    Good morning and welcome back to the City AM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]

  • FTSE 100 Live: HSBC names new chair; Bloomsbury and Google tie-up

    December 3, 2025

    Good morning and welcome back to the City AM liveblog. Are we on the verge of another financial crisis? It’s quite the eerie question but it was one of many posed to the Governor of the Bank of England Andrew Bailey following the latest financial stability report on Tuesday. The head of the central Bank [...]

  • FTSE 100 Live: OBR chiefs face MP grilling; Food inflation slows

    December 2, 2025

    Good morning and welcome back to the City AM liveblog. The Office for Budget Responsibility (OBR) admitted its “worst failure in the 15-year history” of the fiscal watchdog on Monday. This morning, from 10am, two of its remaining spokespeople will be facing a grilling from the Treasury select committee of MPs. The sensational leak of [...]

  • FTSE 100 Live: Starmer denies Budget ‘misleading’ as Reeves on brink

    December 1, 2025

    Good morning and welcome back to the City AM liveblog. It was quite the Budget week to end November and for many more questions were created than answered. Whilst Labour might’ve hoped it would be be their rallying moment – with the lifting of the two-child benefit cap and doubling of the Chancellor’s fiscal buffer [...]

  • FTSE 100 Live: London house prices fall amid Budget jitters

    November 28, 2025

    Welcome back to the City AM liveblog. Markets were still digesting the twist, turns and taxes of the Autumn Budget on Thursday, with ministers taking to the media to defend the £26bn cash raid. A number of businesses began weighing in, including Britain’s bookies, which were in the firing line when Reeves took to the [...]

  • FTSE 100 Live: Entain, Flutter sound alarm in Reeves’ tax raid aftermath

    November 27, 2025

    Good morning and welcome back to the City AM liveblog. The dust has settled on the Labour government’s second Autumn Budget and Brits have been left reeling from a £26bn tax raid. Taxes collected as a share of GDP are set to jump to an all-time high in the coming years, according to the Office [...]

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