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 [...]
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: US stocks sink on open; Iran warns oil price could hit $200 March 9, 2026 Good morning and welcome back to the City AM liveblog. The chaos in global markets of last following the breakout of conflict in the Middle East is poised to continue as tensions in the Gulf showed no sign of slowing down over the weekend. The price of oil notched its highest gains in a single [...]
FTSE 100 Live: Airline shares fall after Wizz Air profit warning; Primark new boss March 5, 2026 Good morning and welcome back to the City AM liveblog. Global markets returned to a touch of stability on Wednesday as energy prices retreated as investors awaited the latest on the events in the Middle East. The FTSE 100 ended the day 0.8 per cent higher at 10,567.65p – still far below it’s level at [...]
FTSE 100 Live: Stocks inch back up; UK faces energy bills warning March 4, 2026 Good morning and welcome back to the City AM liveblog. Yesterday, Rachel Reeves delivered her Spring Statement. The Chancellor wheeled out new forecasts from the Office for Budget Responsibility that cut growth for 2026 but – albeit modestly – upgraded it for the years to come. But forecasts were quickly labelled out of date by [...]
Dow Jones slides as FTSE 100 extends losses amid Iran strikes March 2, 2026 Wall Street joined Europe as markets opened on Monday with losses spread across the board as tensions escalated across the Middle East. The Dow Jones dropped nearly one per cent on open to 48,534.58 whilst the S&P 500 shed around 0.7 per cent to 6,828.47. The tech-heavy Nasdaq tumbled 0.7 per cent to 22,505.32. In [...]