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      Consumer confidence collapses as Iran war provokes inflation fears

      Retail sales slumped in May as tax hikes and economic uncertainty hit shoppers' spending

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London Stock Exchange

  • Qplay’s JP Jenkins debut marks lacklustre launch for Pisces

    March 10, 2026

    Roll the dice. Make your move. Prove you’re the smartest. But hurry – the clock’s ticking. That is the opening of a video ad for Outsmarted, a board game owned by Qplay, which is set to be the first company to list on London’s new Pisces private market. It might have also described the fierce [...]

  • Capita shares tumble as boss warns of declining margins

    March 10, 2026

    Shares in one of the UK’s biggest outsourcing firms have plummeted after its boss warned of declining margins in the year ahead. London-based Capita, which offers support services in areas such as education, health and defence, warned markets it expected a “small decrease” in its operating margin after it swung to a pre-tax loss of £171m [...]

  • 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, [...]

  • UK jobs market ‘facing sustained shocks’

    March 9, 2026

    The Labour government is facing a rallying cry to ease the cost burden on businesses to avoid derailing a recovery in the jobs market. The latest jobs report from KPMG and the REC, the professional body for recruiters, showed hiring for permanent roles reaching a stabilising point in February with the pace of declines the [...]

  • Oil on track for biggest weekly jump in 4 years as US mulls intervention

    March 6, 2026

    The oil market is set for its biggest weekly gain in four years after the crisis in the Middle East sent ripples through the energy markets. The price of Brent crude has risen by around 18 per cent in the last week, tipping over $85 a barrel. Should the gains hold up, it would mark [...]

  • ‘Patronising gibberish’ – Top Tory slams Labour’s ‘masculine’ job ad crackdown

    March 5, 2026

    Labour has been criticised for issuing new guidance that warns employers against using ‘masculine’ language in job descriptions. The Office for Equality and Opportunity’s new guidance, published on Wednesday, suggests that businesses swap ‘aggressive character traits’ for more neutral, behaviour-based criteria. The document urges businesses to use neutral language and titles, including “avoid terms associated [...]

  • Barclays set to cash in on market frenzy amid Middle East crisis

    March 5, 2026

    Barclays and its UK banking peers could be set for a cash boost from the brewing crisis in the Middle East as investors quickly dump equities and fears of an inflation spike spread. FTSE 100 giant Barclays has been noted as uniquely shielded by analysts due to its mammoth market divisions. Jefferies analysts said the [...]

  • Aviva’s profits surge following Direct Line acquisition

    March 5, 2026

    Aviva’s acquisition of Direct Line in 2025 contributed £174m to operating profit for the FTSE 100 giant, as the group’s overall operating profit increased by 25 per cent to £2.2bn. The group informed shareholders that it achieved its 2026 financial targets one year early, specifically reaching its £2bn operating profit and £1.8bn Solvency II own [...]

  • Double-digit profits at Admiral as dividends rise for shareholders

    March 5, 2026

    FTSE 100 listed insurer Admiral reported double-digit profit growth over the last financial year, as the group pivots itself toward high-tech commercial insurance. The group profit before tax rose 16 per cent to £958m – up from £827m in 2024 – as its UK motor division surpassed the £1bn profit mark.  Its other UK personal [...]

  • UK economy held back by ‘rationing’ of energy, land and capital

    March 4, 2026

    The government must focus on “ending the rationing” of the UK’s energy, land and capital if it wants to reinvigorate the economy, according to a leading City analyst.  In a research note published this morning, Simon French, head of research at Panmure Liberum, argued that policies from successive governments had effectively created a rationing system [...]

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