London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
FTSE 100 Live: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war FTSE 100 Live Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after suggestining it could [...]
Aviva profits jump following Direct Line acquisition Insurance FTSE 100 insurance giant Aviva reported its operating profit for the first half of this year to be up 24 per cent, driven by the group’s “strong progress” following its acquisition of Direct Line in 2025. The London-listed insurer, which offers home, car, and life insurance in the UK and serves approximately 25 million customers, [...]
Exclusive: Easyjet shareholder rights to be watered down under Apollo deal Aviation Easyjet shareholders risk having their stake in the airline seized from them unilaterally and are highly unlikely to be paid a dividend if they opt to retain their stake in the carrier once Apollo’s takeover is complete. According to documents filed by the private markets juggernaut last Thursday, investors who roll their investment into the [...]
Does the real economy care that much about AI? August 13, 2026 Take your pick of alarmist projections about the future of the global economy from top tech leaders. Monzo’s founder, Tom Blomfield, reckons unemployment will surge over the next five years as more and more human output is replaced by AI. Elon Musk reckons it will be near 100 per cent in a decade. But projections [...]
London IPO candidate Utmost sees inflows slide August 12, 2026 A wealth soultions firm expected to IPO in London later this year has posted a fall in inflows as a boost generated by last year’s UK government tax shake up tailed off. Utmost, owned by private equity firms Oaktree Capital and Brookfield, recorded £4.4bn of inflows in the first half of the year, down from [...]
Airtel and Sumup set to kick off London’s fintech IPO test August 12, 2026 Airtel and Sumup are set to hand a potential $20bn boost to the London Stock Exchange with long-awaited IPOs that could help pave the way for a host of fintech firms to come to market. Telecommunications giant Airtel is planning to list its mobile money business in London before the end of the year, its [...]
As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’ August 12, 2026 Welcome back to City AM liveblog. Oil prices broke above $89 per barrel on Wednesday morning, notching the sixth consecutive sessions amid mixed signals around a potential deal between the US and Iran. The regime in Iran has said that the United States must end the war before they loosen their grip on the Strait of [...]
London Stock Exchange boss: We should know which companies our pensions are backing August 11, 2026 The boss of the London Stock Exchange has called on pension providers to be clearer about the make-up of their vast portfolios, arguing that greater transparency would encourage them to back more homegrown companies. Dame Julia Hoggett told City AM it should be easier for savers to determine where their retirement nest eggs are invested, [...]
The London Stock Exchange is shrinking – but Julia Hoggett is still an optimist August 11, 2026 The London Stock Exchange’s two flagship indexes are trading near all-time highs. But beneath the surface, it has been another testing year for the capital’s bourse. Boss Dame Julia Hoggett tells Ali Lyon what she is doing to disprove the doomsters. In the cavernous foyer of London’s historic stock exchange, a giant cube is flashing [...]
As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran August 11, 2026 Welcome back to the City AM liveblog. Oil prices are marching higher for the fourth consecutive session, supported by new uncertainty between the US and Iran and continued agitation over the reopening of the Strait of Hormuz. Brent crude – the international benchmark for oil prices – was holding above $87 per barrel on Tuesday [...]