Bank of England Live: Interest rates held in first unanimous vote in eight years March 19, 2026 Welcome back to City AM‘s ongoing coverage of the interest rates decision. Interest rates have been held as rate-setters at the Bank of England warned the war in Iran could send prices spiralling as soon as April. In the first totally unanimous vote in eight years, all members of the Monetary Policy Committee voted to [...]
‘Panic mode’: FTSE 100 sinks as oil spikes on Iran’s energy threats March 18, 2026 Markets were thrown into “panic mode” on Wednesday as the surging price of oil rattled global equities. The price of Brent crude – the international benchmark for oil – spiked as much as five per cent to $110 per barrel as energy facilities across the Gulf faced evacuation following the latest threats from Iran. The [...]
FTSE 100 Live: Diploma leads stocks as pound ticks up; Oil dips March 18, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100 index closed up 0.8 per cent higher on Tuesday at 10,403.60p. The gains were accompanied by a stronger performance from the pound, which finished up $1.334 by the time London markets closed, compared to $1.329 on Monday. Sterling and the City were [...]
FTSE 100 Live: Stocks inch up; Gas prices surge after drone attacks March 17, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100 closed up 0.5 per cent yesterday, settling at 10,317.69p led by a three per cent jump in Endeavour Mining. It came as global markets were brought some reprieve from declining oil prices. The price of Brent crude, the international benchmark for oil [...]
FTSE 100 Live: Stocks jump, Oil spikes, fresh Thames Water rescue deal March 16, 2026 Good morning and welcome back to the City AM liveblog. This morning Brent crude, the international benchmark for oil prices, rose 1.8 per cent to $104.98 per barrel during early trading in Asia. It follows President Trump stating he is unwilling to make a deal with Iran and his energy secretary warning the war will [...]
FTSE 100 Live: Stocks fall as oil rocks markets; Reeves struck by flat economy March 13, 2026 Good morning and welcome back to the City AM liveblog. Fresh figures this morning have shown the UK economy was flat in the first month of the year. It marked a blow to the government’s growth agenda but this will likely be viewed as a small blow ahead of global economies being thrown into turmoil [...]
FTSE 100 Live: Stocks drop as oil returns to near $100 after tankers attacked March 12, 2026 Good morning and welcome back to the City AM liveblog. The price of oil shot back above triple digits this morning, rising as much as nine per cent in Asian trading following the news two tankers were struck in the Gulf. An Iraqi news agency broke the news that 38 crew members have been rescued [...]
FTSE 100 Live: Iran war ‘certainly not good’ for UK economy, says Rachel Reeves March 11, 2026 Welcome back to the City AM liveblog for continued coverage of a frenzied week in global markets. The Chancellor has told the Treasury select committee that the ongoing fallout from the Middle east is “certainly not good for the British economy”. Following the “most intense” day of fighting in the region – and just a [...]
FTSE 100 Live: Stocks soar and oil dips as Trump says war is ‘very complete’ March 10, 2026 Good morning and welcome back to the City AM liveblog. It was a day of whiplash for global markets as they kicked off the new week. Stock markets from Europe to Asia and Wall Street sunk into the red on open as the price of oil rose at the fastest rate in six-years. Brent crude, [...]
Rolls-Royce shares slide as FTSE 100 plunges amid Iran war March 9, 2026 A dramatic stock plummet from blue-chip giant Rolls-Royce helped drag the FTSE 100 deeper into the red on Monday morning as fears surrounding the economic impact of the Iran war ramped up. Shares in the aerospace giant were down as much as five per cent at open, before clawing back some gains to a three [...]