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      The state wants to ‘buy British’. But the British don’t want to work with the state

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      Hull City’s ‘strange’ £55m loan was approved by Independent Football Regulator

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London Stock Exchange

  • As it happened: US stocks make gains ahead of Trump-Xi summit

    September 21, 2026

    Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index made gains on Monday morning, turning a corner from heavy losses on Friday. Miners and industrial stocks like Anglo American, Antofagasta and Metlen Energy and Metals were among the FTSE 100’s biggest risers on Monday morning. BP and Shell dragged on the index, [...]

  • ‘We prefer the US’: Revolut’s Storonksy confirms plan for dual US-UK listing

    September 17, 2026

    Revolut founder Nik Storonsky has confirmed that the bank is exploring a dual listing in New York and London, adding that he “prefers” the US market.  The chief executive of the UK’s biggest fintech said he could not afford to miss out on a US listing, because the American market offers better upsides than London, [...]

  • Beauty Tech Group profit triples as LED masks boom

    September 17, 2026

    The Beauty Tech Group has more than tripled its first-half profit as booming demand for at-home beauty devices helped sales jump more than 40 per cent. The London-listed owner of Currentbody Skin, ZIIP Beauty and Tria Laser reported pre-tax profit of £17.5m for the six months to the end of June, up from £5m a [...]

  • We’re walking an economic tightrope and the wind is picking up

    September 16, 2026

    I spent much of my morning yesterday with a group of City chiefs for a candid (though unfortunately, off the record) chat about the health of our economy and the state of our politics. I feared that my stump speech about the perilous state of our public finances, our low growth rate, the ever-expanding state [...]

  • European financial centres lose global standing amid ‘relentless pivot to Asia’

    September 16, 2026

    European financial centres suffered a decline in global rankings as the continent continued to lose ground to fast-growing Asian cities. Centres across Europe saw their prominence erode, with several key cities tumbling in the latest rankings from Z/Yen’s 40th Global Financial Centres Index (GFCI 40). European cities fell out of top 20, after only four [...]

  • London-listed builder exits ‘challenging’ housing sector after property market slowdown

    September 15, 2026

    A top listed construction firm has pulled out of the UK’s “challenging” housing sector after a slump in demand for new homes across the country. FTSE 250 firm Kier told shareholders on Tuesday that it is pulling all capital out of the residential property sector in a bid to “de-risk” its portfolio.  The group’s pre-tax [...]

  • Power Probe boss still ‘enjoying the ride’ after stock slump since Aim debut

    September 15, 2026

    The boss of one of Aim’s newest constituents has insisted he is still “enjoying the ride” after the stock’s slump in the months following its London IPO. Power Probe, which is based in North Carolina and develops power tools for car mechanics, debuted on the junior Aim market in December 2025, one of only a [...]

  • London software stocks enjoy ‘boon’ after calls for AI slowdown

    September 14, 2026

    London-listed software stocks jumped on Monday as calls from the world’s biggest AI companies to slow development offered some relief to businesses previously seen as vulnerable to the technology. Sage climbed more than five per cent to rise the fastest among FTSE 100 firms, while RELX also rose after Anthropic, OpenAI and Elon Musk backed [...]

  • Big Technologies founder talks collapse as profits rebound from boardroom battle

    September 14, 2026

    Big Technologies’ bitter battle with founder Sara Murray has flared up again after settlement talks collapsed, overshadowing a return to statutory profit and a raised outlook at the electronic monitoring group. The AIM-listed company said on Monday that mediated discussions with Murray had ended without an agreement, meaning it would continue pursuing legal proceedings against [...]

  • As it happened: FTSE 100 stocks led higher by software firms; oil at four-month high

    September 14, 2026

    Welcome back to the City AM liveblog. The price of oil has smashed a four-month high following on from last week’s nine per cent rally. Brent crude – the international benchmark for oil prices – rose towards $108 per barrel on Monday morning following the news that Saudi Arabia had shut a major crude pipeline [...]

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