As it happened: FTSE 100 slides on market pressures; Google Cloud outage October 20, 2026 Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index are extending Monday’s losses after a bruising showing following tension in European bond markets. A bond-sell off hit Europe following tensions in France after the Prime Minister introduced a curfew to contain explosive riots. The 10-year yield on French bonds – a direct [...]
London Stock Exchange Group fails to shake off £131m fraud lawsuit October 19, 2026 LSEG will face a $175m (£131m) fraud and breach of contract lawsuit brought by the former chief executive of a company it acquired, after a US judge denied the London stock exchange-owner’s attempt to dismiss the case. LSEG’s subsidiary Refinitiv, which it bought from Thomson Reuters in 2020, acquired US analytics firm Maystreet in 2022 [...]
Microsoft pulls out of Nscale deal for UK’s largest AI data centre October 19, 2026 Microsoft has pulled out of plans to build the UK’s largest AI data centre in a deal with Nscale. The global tech giant, which had previously planned to fund a supercomputer at the site, has ended its involvement in the partnership following concerns over supply issues. Plans were first announced last year, with Nscale pledging [...]
Culture secretary Lisa Nandy ‘minded to intervene’ in Sky takeover of ITV October 15, 2026 Culture secretary Lisa Nandy is “minded to intervene” in Sky’s proposed £1.6bn takeover of ITV’s media and entertainment arm. In a statement to MPs, she said: “Having considered the anticipated merger, I am of the view that there are reasonable grounds to believe that it might affect availability of a wide range of high-quality and [...]
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 [...]
London listings fall to lowest levels since 2023 October 15, 2026 London listings fell to the lowest levels seen since 2023, recording just one public offering in the third quarter as the IPO drought continues. The quarter’s sole transaction was the AIM listing of 1947 Oil & Gas plc, which raised just £29.8m, marking it as the quietest period since the fourth quarter of 2023 where [...]
Everyman to become the first company to ditch Aim for Pisces market October 14, 2026 Luxury cinema chain Everyman is set to ditch its London listing for a private markets platform, after facing heavy pressure from key shareholders. The London-headquartered group is set to join Asset Match’s Private Intermittent Securities and Capital Exchange System (Pisces) on 12 November, subject to shareholder approval on 30 October. The move would make Everyman [...]
Board member of Royal designer threatens to sue activist investor October 14, 2026 A board member of the under-fire interior designer favoured by the King threatened to sue the founder of its biggest shareholder in a tussle over pay. Patrick Lewis, who sits on the board of London-listed Sanderson Design Group, warned the boss of LBV Asset Management against “potentially defamatory allegations” after he questioned the pay packets [...]
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 [...]
FTSE 100 chief executive turnover sinks to five year low October 13, 2026 The turnover of FTSE 100 chief executives has tumbled to a five year low as companies choose to hold onto top leadership amid ongoing economic volatility. Executive churn this year is on track to fall to the second lowest level seen since 2012, according to data from AJ Bell, as boards opt for stability. Nine [...]