As it happened: FTSE 100 slides as oil holds at $115; tech surges FTSE 100 Live Welcome back to the City AM FTSE 100 live blog. The FTSE 100 is sliding after a bruising session for heavyweight stocks, while tech continues to perform elsewhere. Brent crude is also trading above $115 per barrel as renewed diplomatic efforts in the Middle East raised hopes of preventing a wider escalation of the US-Iran [...]
As it happened: FTSE 100 up on defence boost; oil falls back as Trump weighs Iran deal FTSE 100 Live Welcome back to the City AM FTSE 100 live blog. The FTSE 100 has enjoyed a major rally on the back of booming defence stocks ahead of an expected investment from the government at the forthcoming Budget. This is also coming alongside a modest relax in oil prices on new diplomatic hopes in the Middle [...]
As it happened: FTSE 100 slides as oil surges to five-month high FTSE 100 Live Welcome back to the City AM FTSE 100 liveblog. It’s Friday morning and London’s blue-chip index is set for a flat open as pressures on markets persist. The price of a barrel of oil has surged to $114 per barrel, trading at its highest level in over five months. It follows escalating Houthi attacks on [...]
As it happened: FTSE 100 losses ease as oil higher after Saudi drone attack October 22, 2026 Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is sliding this morning after a shaky week for trading. Oil pressures have climbed higher after a drone attack on Saudi Aramco’s Shaybah oil field killed two people. The incident renewed tensions in the Middle East and heightened concerns over further disruptions to [...]
UK banks brace for sour loan spike as household savings run dry October 21, 2026 UK banks are bracing for a potential surge in unpaid debts as cash reserves at UK households plummet to their lowest levels in three years. The country’s top lenders are expected to provision a combined £4bn for loan-losses in 2027, according to an analyst consensus, but this risks coming up short as households are squeezed [...]
Bank of England set to overshadow Healey’s Budget with interest rate hike October 21, 2026 The Bank of England is expected to overshadow John Healey’s maiden Budget with a “done deal” interest rate hike aiming to tame soaring inflation while risking economic growth. Top City economists predict the central bank’s Monetary Policy Committee (MPC) will raise the base rate at its November meeting, just one week after the Autumn Budget. [...]
As it happened: FTSE 100 surges as London swerves Asian tech sell-off; surprise GDP growth October 15, 2026 Welcome back to City AM‘s FTSE 100 live blog. Stocks are set to slip on Thursday morning despite a strong close yesterday for the UK’s blue-chip index. The ONS will reveal the rate of GDP growth for August this morning, which economists expect to reveal that the economy has shrunk. Stick with us throughout the [...]
As it happened: Stocks jump in housebuilder boost; oil edges up October 14, 2026 Welcome back to City AM‘s FTSE 100 live blog. Stocks made a shaky start on Wednesday morning following a late collapse on Tuesday afternoon, but eventually recovered to modest gains in the late morning. Housebuilders Barratt Redrow and Bellway led the way, lifting other property names like British Land and Workspace. Oil prices are rising [...]
BP braces for hit of up to $4.5bn in pivot from green energy October 13, 2026 BP is bracing for a hit of up to $4.5bn after a hefty write-down in its energy transition unit, as the firm pivots away from aggressive green targets. The FTSE 100 energy giant told markets on Tuesday its third quarter update – set for the end of the month – would include a post-tax impairment [...]
As it happened: FTSE 100 loses early gains as oil prices stay high October 13, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index made strong gains on Monday morning, jumping more than 0.9 per cent soon after the market open. This follows Tuesday’s strong showing, when the index gained nearly one per cent. In a busy morning the corporate results, Premier Inn owner Whitbread hit [...]