Trump tariffs: EU ‘has tools at disposal’ to hit back amid Greenland spat Markets The European Union has pledged it has the “tools” to hit back at the US after President Trump’s latest trade offensive amid the deepening Greenland crisis. In a daily briefing the European Commission’s deputy chief spokesperson and trade lead, Olof Gill, said “should the threatened tariffs be imposed, the European Union has tools at its disposal [...]
Revenue at pawnbroker Ramsdens rockets as Brits cash in on soaring gold prices Business Revenue at pawnbroker Ramsdens has risen to a fresh high as Brits take advantage of soaring gold prices. The London-listed business, which has over 160 stores across the UK, posted a 22 per cent jump in turnover to £117m in the year to end September amid a more than 50 per cent in profit from [...]
Central banks throw weight behind Fed after Trump assault Economics Some of the world’s most prominent central banks have issued a full-throated support of the Federal Reserve and its chair Jay Powell, after Donald Trump’s campaign against its independence escalated with a Department of Justice legal action. In an unusual joint intervention, 11 central banking chiefs declared they stood in “full solidarity” with the Fed’s [...]
Former Federal Reserve chiefs round on Trump’s ‘vindictive’ Powell salvo January 12, 2026 Donald Trump’s unprecedented decision to open a criminal indictment against Federal Reserve chair Jay Powell has been rounded on by all of his living predecessor, who accused the President of running the United States like a developing economy. In a highly unusual joint intervention, Janet Yellen, Ben Bernanke and Alan Greenspan rebuked the President’s most [...]
FTSE 100 Live: Stock rally cools; Oil tumbles amid Trump tensions January 7, 2026 Good morning and welcome back to the City AM liveblog. The London stock market has opened on a dimmer mood with morning with both the FTSE 100 and FTSE 250 trading into the red. The blue-chip index was hit by the falling price of oil with major stock losses across energy giants Shell and BP. [...]
FTSE 100 Live: Next gets Christmas boost; JLR sales crash after cyber attack January 6, 2026 Good morning and welcome back to the City AM liveblog. British defence stocks were taken for a ride on Monday after rising geopolitical tensions put heightened investor appetite. It was the City’s defence giants Babcock and BAE leading the FTSE 100 to start the week, alongside gold miners who were benefiting from the surging price [...]
Future of Bank of England’s Venezuelan gold back in spotlight after Maduro capture January 6, 2026 The foreign secretary has signalled the Bank of England will continue to withhold $4.8bn of Venezuelan gold being held in its vaults, despite the dramatic toppling of the country’s autocratic ruler potentially paving the way to the reserves being returned. Addressing lawmakers late on Monday, Yvette Cooper suggested the government would continue its refusal to [...]
Best of 2025: Our top 7 debates of the year December 28, 2025 From the assisted dying bill to the unstoppable rise of Lime, here are seven of City AM's most thought-provoking debates from 2025.
Gold notches new high as Trump escalates Venezuela threats December 23, 2025 Gold has returned to its record-breaking routine this week as escalating geopolitical tensions and falling interest rates sent the metal to new highs. The yellow metal was closing in on $4,500 on Tuesday morning, reaching highs of $4,497 in early trading. On Monday, the price of an ounce of gold crossed the $4,400 mark for [...]
The future could still be golden for Amigo Loans shareholders November 26, 2025 It’s been a rough old ride for the shareholders of Amigo Loans. The company began life as a subprime, guarantor lender in 2005 and picked up a load of customers fast, helped along by its weird TV adverts featuring blue plasticine figurines. It listed on the London Stock Exchange in 2018 and the shares initially [...]