Savills shares slide as Middle East war shakes property market March 12, 2026 Shares in property giant Savills slid eight per cent as the Iran war shakes the confidence of the UK’s property market. The FTSE 250 firm’s share price fell by 7.98 per cent on Thursday to 922p, leaving the stock down six per cent in the year so far. Adam Vettesse, market analyst at eToro said [...]
Keir Starmer’s dithering over Iran is no diplomatic masterstroke March 12, 2026 Those arguing that Starmer has stumbled upon a brilliant strategy when it comes to the war in Iran are wrong. He has damaged Britain’s credibility and left us weaker, says Tom Harwood Has the Prime Minister blundered into a strategic masterstroke? Could it be that Keir Starmer has had his finger on the pulse of [...]
Housing market struggles for momentum as Iran war looms March 12, 2026 The UK housing market is struggling for momentum as uncertainty caused by the Iran war prompts banks to hike mortgage rates and pull deals. New buyer inquiries weakened in February as 26 per cent of property professionals reported a fall in interest, up from 15 per cent in January, according to the Royal Institution of [...]
Standard Chartered evacuates Dubai offices amid Iran war March 11, 2026 London-headquartered Standard Chartered has begun to evacuate staff from its offices in Dubai following the latest escalations in the war in the Middle East. The FTSE 100 giant boasts a large presence in the region as part of international expansion efforts across the United Arab Emirates but has now found itself caught in the growing [...]
Wizz Air pounced on by short sellers as Iran war knocks profits March 11, 2026 Budget airline Wizz Air has been hit by a flurry of short-selling after it issued a profit warning over disruption caused by the Iran war, making it the UK’s most shorted company. The Hungarian airline, which is listed on the FTSE 250, had 9.59 per cent short interest last month but this has soared to [...]
Global energy body to release 400m oil barrels in emergency boost March 11, 2026 The global energy body has announced it will release a record 400 million barrels from emergency oil reserves in a bid to contain spiking prices. The International Energy Agency’s (IEA) executive director Faith Birol said on Wednesday the market “challenges we are facing are unprecedented in scale”. “IEA member countries have responded with an emergency [...]
£9bn World Cup too big to be derailed by Middle East conflict, says Fifa chief March 10, 2026 Fifa has ruled out the prospect of the escalating conflict in the Middle East posing a threat to this summer’s World Cup and is still hopeful that Iran will take up their place. The US and Israel’s attacks and Iran’s retaliatory strikes have caused huge upheaval in the region just three months out from the [...]
World’s top oil producer warns ‘catastrophic consequences’ after Iran threats March 10, 2026 The world’s top oil producer has warned of “catastrophic consequences” for the commodity’s global market after Iran threatened to block key shipping routes. Saudi Aramco – the state-owned national oil company of Saudi Arabia which controls over 270 billion barrels of reserves – has sounded the alarm that the Iran’s blocking of the Strait of [...]
FTSE 100 Live: Stocks soar and oil dips as Trump says war is ‘very complete’ March 10, 2026 Good morning and welcome back to the City AM liveblog. It was a day of whiplash for global markets as they kicked off the new week. Stock markets from Europe to Asia and Wall Street sunk into the red on open as the price of oil rose at the fastest rate in six-years. Brent crude, [...]
‘Terrifying’: Iran threatens $200 oil price if US-Israel strikes continue March 9, 2026 A spokesman for the Iranian military has given a chilling warning that the cost of a barrel of oil could rocket to $200 if the war with Israel and the US continues. The price of oil has continued to surge amid escalating tensions in the Middle East, which have triggered strikes on production sites and [...]