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      AI giant Perplexity taps London startup Valarian in sovereign tech drive

      "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.

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FTSE

  • As it happened: Stocks slip as oil hits $100 following Houthi attacks on tankers

    July 23, 2026

    Welcome back to the City AM FTSE 100 liveblog. Stocks slipped on Thursday morning as oil surged back to $100 per barrel for the first time since May. Brent crude barrelled up after the Iran-backed Houthis claimed to have attacked two Saudi Arabian oil tankers in the Red Sea. The US last night launched its [...]

  • Bad news: Reach share price sinks amid digital headache and falling print sales

    July 22, 2026

    London listed publisher Reach continued to feel the impact of declining online views and lower print circulation, as the company continues to navigate the changing media landscape. The group’s share price sank 19.5 per cent in early trading to 47.4p, bringing the stock down 13.6 per cent since January after the company suffered a sharp [...]

  • As it happened: Stocks rise but oil tops $95; inflation eases

    July 22, 2026

    Welcome back to the City AM FTSE 100 liveblog. It’s Wednesday and new Chancellor John Healey secured an early boost after the Office for National Statistics (ONS) revealed that inflation slowed in June. Headline CPI inflation dipped from 2.8 per cent in May to 2.6 per cent in June. Grant Fitzner, chief economist at the [...]

  • As it happened: Stocks rally as defence shares surge on John Healey as Chancellor

    July 21, 2026

    Welcome back to the City AM FTSE 100 liveblog. It’s Tuesday and the markets have been adjusting to the first full day of Andy Burnham’s Labour government. Burnham shocked Westminster and the City on Monday evening when he appointed John Healey as his Chancellor, just weeks after he had resigned in protest as defence secretary. [...]

  • Tate & Lyle faces shareholder revolt over executive pay

    July 21, 2026

    London Stock Exchange stalwart Tate & Lyle faces an investor revolt over its chief executive’s salary after failing to address shareholder concerns about its executive-level pay.  The FTSE 250 ingredients firm could be overruled by its investors at its annual general meeting (AGM) on Wednesday after coming under pressure from a leading shareholder advisory firm. [...]

  • FTSE 100 property giant Segro rejects £13.5bn Prologis bid

    July 20, 2026

    Segro has rejected a second and third takeover bid from US rival Prologis, as the tussle between the two property giants steps up a gear. The FTSE 100 real estate firm rejected Prologis’ latest bid last week, which amounted to £9.93 per share and valued the group’s total shares at £13.5bn.  Prologis said its latest [...]

  • As it happened: John Healey named Chancellor as Burnham shakes-up cabinet

    July 20, 2026

    Welcome back to the City AM liveblog. Andy Burnham has become the UK’s newest Prime Minister, succeeding Sir Keir Starmer just two years after his landslide win at the 2024 general election. Starmer visited the King this morning to give him his resignation. In his farewell speech outside Number 10, the outgoing Prime Minister said [...]

  • Iran war woes cause jump in London-listed profit warnings

    July 20, 2026

    The rising energy costs and fragile consumer confidence caused by the Iran war have driven a jump in the number of profit warnings issued by London-listed firms.  UK-listed companies issued 59 profit warnings in the first half of this year, up from 55 last year, with more than half of these being blamed on policy [...]

  • As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue

    July 17, 2026

    Welcome back to the City AM liveblog. Oil is on track to gain around 12 per cent for the week after the continued escalation of strikes between the US and Iran. Brent crude – the international benchmark for oil – is holding steady around the $85 per barrel mark after US’ multiple strike offensives against [...]

  • Engineering group picked off London Stock Exchange in £4.1bn deal

    July 16, 2026

    Rotork is set to become the latest company snapped off the London Stock Exchange by a foreign buyer after agreeing to a £4.1bn takeover by Swiss rival ABB. The engineering group agreed to pay 506p per share in cash for the FTSE 250 firm, comprising 503p in cash and a dividend of up to 3p. [...]

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