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      Iranian hackers behind UK energy plant attack

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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FTSE

  • 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. [...]

  • As it happened: Stocks drop on Trump-Iran warning; Mahmood tipped to be chancellor

    July 16, 2026

    Welcome back to the City AM liveblog. The UK has received fresh economic growth data this morning which has put GDP expansion at a sluggish 0.1 per cent for the month of May. The services sector – which contributes more than 80 per cent of total economic output – grew 0.3 per cent against steep [...]

  • As it happened: Stocks reverse losses after Trump threatens harder strikes on Iran; Oil at four-week high

    July 15, 2026

    Welcome back to the City AM liveblog. Oil prices have reached a four-week high after the Strait of Hormuz became too unsafe for ships travel through following the exchange of strikes between the US and Iran. Brent crude – the international benchmark for oil prices – tipped over the $87 per barrel mark on Tuesday [...]

  • As it happened: FTSE 100 recovers after oil surge dampens mood; Strikes in the Strait of Hormuz

    July 14, 2026

    Welcome back to the City AM liveblog. Oil prices are marching higher after the latest wave of military action in the Middle East following the US reinstating its blockade on imports from Iran. Brent crude – the international benchmark for oil prices – surged above $84 per barrel on Tuesday, bringing gains for the week [...]

  • London-listed firm cheers surge in demand for ‘dog wash machines’

    July 13, 2026

    Europe’s biggest photobooth operator has expanded into user-operated dog washing machines in a bid to recover from an Iran war hit to profit.  ME Group, which operates laundry machines and photo booths across the UK and Europe, said it is rolling out hundreds of dog wash machines in a bid to drive growth.  The FTSE [...]

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