M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss September 3, 2026 Asset manager M&G has swung to a loss driven by the Labour government’s introduction of a cap on existing ground rents. The FTSE 100 group hit out at the government after it reported a £165m loss for the first six months of the year, driven by a £325m write-down eating into its bottom-line. In its [...]
As it happened: Vodafone leads FTSE 100 rally after TV launch; oil jumps again September 3, 2026 Welcome back to the City AM liveblog. Telecoms giants Vodafone and Airtel Africa led a FTSE 100 rally on Thursday afternoon. Investors brushed off early losses caused by the steep sell-off in the the bond market. Two-year gilt yields, which gauges short term interest rate expectations, have jumped over 4.5 per cent, pushing up borrowing [...]
BP names new chair after boardroom bust-up September 2, 2026 Oil giant BP has named its new chair after a boardroom bust-up earlier this year sent its leadership into chaos. The FTSE 100 giant has tapped Ian Tyler, who has served as interim chair since 26 May. Tyler joined BP as a non-executive director in April 2025. He replaces Albert Manifold, who was stripped of [...]
As it happened: FTSE 100 drops; bonds sell-off cools but oil holds firm September 2, 2026 Welcome back to the City AM liveblog. The FTSE 100 fell again on Wednesday as oil prices rose higher for the third consecutive session and keeping pressure on global markets. Brent crude – the international benchmark for oil prices – held around the $95 per barrel mark, securing it highest level since mid-July. It follows [...]
Can OSB’s new boss cut through the noise? September 2, 2026 A FTSE 250 bank has a new boss and plenty of challenges to confront . In this week’s column, Samuel Norman looks at what could be next for OSB. Enrique Labiano confronted a tricky inheritance when he got his feet under the desk on his first day at the helm of OSB on Tuesday. The [...]
Bunzl: Inflation spike lifts FTSE 100 outsourcing firm’s revenue September 1, 2026 Distributor Bunzl saw a boost in its bottom line after the firm was able to pass on inflationary pressures to customers. The FTSE 100 outsourcing group recorded a three per cent rise in revenue to £5.93bn in the first half of the year, bolstered by commodity-driven price adjustments and growth across North American markets. Bunzl’s [...]
As it happened: FTSE 100 slides as bound rout deepens; Oil jumps as Trump vows more strikes on Iran September 1, 2026 Welcome back to the City AM liveblog. The London market is returning from the Bank Holiday break to a fall as tensions in the Middle East are simmering over again leading to the price of oil moving higher. Brent crude – the international benchmark for oil prices – climbed over $91 per barrel on Tuesday, [...]
Ladbrokes-owner and Aston Martin on chopping block in FTSE reshuffle August 31, 2026 Ladbrokes-owner Entain and Aston Martin are among a handful of firms facing the chopping block in the looming quarterly reshuffle of the London market indices. Entain is slated to tumble out of the FTSE 100 after a bruising period, made worse by the increase of taxes on bookies. The betting business “has battled with high [...]
As it happened: FTSE 100 jumps as oil falls back; Warsh says ‘work to do’ on inflation August 28, 2026 Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index extended gains on Friday after some pressures in the oil market eased off. Oil prices reared back up on Thursday night, reversing days of losses earlier in the week. The price of Brent crude – the international benchmark for oil – jumped [...]
As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom August 27, 2026 Welcome back to the City AM FTSE 100 liveblog. The UK’s blue chip index suffered heavy losses on Thursday, as murky US inflation data overshadowed Nvidia’s sales triumph. While headline inflation fell back, the Fed’s preferred measure – the Personal Consumption Expenditures Price Index (PCE) – is still running hot at 3.7 per cent. Investors [...]