As it happened: FTSE 100 loses steam; oil up as US considers Iran strikes FTSE 100 Live Welcome to City AM‘s FTSE 100 liveblog. It’s Friday morning and stocks are set to open higher. Oil prices are on the march this morning, up above $112 per barrel after dropping on Thursday afternoon. This follows news that a senior US commander has briefed Trump on his options for resuming its assault on Iran [...]
As it happened: WPP leads FTSE higher as market digests ‘do no harm’ Budget FTSE 100 Live Welcome to City AM‘s FTSE 100 liveblog. It’s Thursday morning and stocks are set to rise on the market open. Investors will be picking through John Healey’s maiden Budget throughout the day, which pushed up shares in banks and gambling firms after they were spared worse tax raids. The FTSE 100 closed level on Wednesday [...]
Budget 2026 Live: Healey introduces pension tax allowance and lays out bank surcharge plans Economics Welcome to City AM‘s Budget liveblog. The Chancellor has delivered his Budget speech in the House of Commons. John Healey announced a range of measures to tackle the cost of living but the market will keep a close eye on his tax and spending plans as the government looks to balance the books. Healey has [...]
As it happened: FTSE 100 slides as oil holds at $115; tech surges October 27, 2026 Welcome back to the City AM FTSE 100 live blog. The FTSE 100 is sliding after a bruising session for heavyweight stocks, while tech continues to perform elsewhere. Brent crude is also trading above $115 per barrel as renewed diplomatic efforts in the Middle East raised hopes of preventing a wider escalation of the US-Iran [...]
Activist investor revives Auction Technology Group campaign October 26, 2026 The notorious activist investor behind a failed bid to buy Auction Technology Group has revived its campaign against the FTSE 250 firm’s management, calling for a new chair and a strategic review that could result in a sale. Fitzwalter Capital, which is Auction Technology’s (ATG) largest shareholder, called on investors to oust incumbent chair Scott [...]
As it happened: FTSE 100 up on defence boost; oil falls back as Trump weighs Iran deal October 26, 2026 Welcome back to the City AM FTSE 100 live blog. The FTSE 100 has enjoyed a major rally on the back of booming defence stocks ahead of an expected investment from the government at the forthcoming Budget. This is also coming alongside a modest relax in oil prices on new diplomatic hopes in the Middle [...]
As it happened: FTSE 100 slides as oil surges to five-month high October 23, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Friday morning and London’s blue-chip index is set for a flat open as pressures on markets persist. The price of a barrel of oil has surged to $114 per barrel, trading at its highest level in over five months. It follows escalating Houthi attacks on [...]
Bloomsbury ‘confident’ of Harry Potter boost despite share slide October 22, 2026 Bloomsbury is “confident” that a new Harry Potter TV show will spur the publishing house to record profit, after a slip in first-half sales spooked investors. The FTSE 250 group slipped as much as eight per cent on Thursday morning to 616p after it posted a five per cent dip in revenue to £152m and [...]
Rathbones funds rise as its wealth management arm returns to inflows October 22, 2026 Rathbones posted a rise in funds under management and administration as its wealth management arm returned to net inflows. Funds under management and adminsitration increased 7.2 per cent year on year to £121.1bn. Its wealth management arm achieved net inflows, increasing to £24m after reporting losses of £300m the previous year. Further growth was restricted [...]
Barclays to axe 5,000 jobs by end of year after banking on AI savings October 22, 2026 Barclays will wield the axe on some 5,000 jobs in its global headcount as the firm ramps up its cost-cutting targets and leverages artificial intelligence. The FTSE 100 bank’s reductions will cover five per cent of the group’s global workforce and are expected to be mainly concentrated in support functions, including developers. “They’re across the [...]