As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow Markets Good morning and welcome back to the City AM liveblog. Global markets were able to take the new developments in the Middle East in their stride on Tuesday amid hopes a peace deal was on the horizon. The FTSE 100 ended the day in the green and despite some choppy trading oil prices eased. This [...]
As it happened: Petrol prices surge to Iran war record as Kingfisher helps lift stocks higher Markets Good morning and welcome back to the City AM liveblog. The City is returning from the Bank Holiday break to find the tensions in the Middle East continuing in a stalemate – or perhaps a further escalation than last week. After days of threats President Donald Trump has issued a strike on Iran, which he [...]
As it happened: Market jitters as Streeting set to make bid against Starmer Markets Good morning and welcome back to the City AM liveblog. UK borrowing costs are taking a modest breathe this morning after settling much higher yesterday after a session jam-packed with political turmoil. The 10-year yield on UK gilts spiked ten basis points to over 5.1 per cent on Tuesday. Meanwhile, the 30-year yield soared to [...]
FTSE 100 Live: Stocks dip as oil edges higher; BP posts profit boom April 28, 2026 Good morning and welcome back to the City AM liveblog. Oil returned to a three-week high comfortably over the $105 mark on Monday and those gains look set to continue today. Brent crude – the international benchmark for oil prices – edged over $110 on Tuesday morning as it once again appeared peace talks in [...]
‘There’s a lot of risk out there’ – Bank of England warns of market ‘adjustment’ April 24, 2026 A top Bank of England official has warned that global markets could fall even further with current share prices not reflecting the economic risks at play. Sarah Breeden, the Bank’s deputy governor for financial stability, said: “There’s a lot of risk out there and yet asset prices are at all-time highs. “We expect there will [...]
FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz April 17, 2026 Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]
Rolls-Royce: FTSE 100 giant’s shares tumble amid market storm March 27, 2026 Shares in City heavyweight Rolls-Royce sank on Friday morning as the firm got wrapped up in the market storm triggered by the ongoing conflict in the Middle East. The FTSE 100 giant’s stock slumped nearly three per cent in mid-morning trading, sending its price crashing to 2026 low of 1,116.77p. Over the last month, the [...]
FTSE 100 Live: BP tumbles on buyback suspension, Barclays profit boost February 10, 2026 Good morning and welcome back to the City AM liveblog. It was a rocky day for bond markets on Monday as political jitters rippled through the City. The 10-year gilt yield – a key benchmark for the government – rose as much as 10 basis points to 4.62 per cent following news that Scottish Labour [...]
FTSE 100 Live: Beazley seals $15bn Zurich deal, Santander in $12bn takeover February 4, 2026 Good morning and welcome back to the City AM liveblog. Shares in Europe’s biggest data, publishing and legal software groups slumped on Tuesday after AI giant Anthropic unveiled a new tool aimed directly at in-house lawyers. The move rattled investors who had long viewed the sector as an AI winner. In London, Relx fell close [...]
FTSE 100 Live: BP’s $5bn hit; Prudential taps ex-HSBC chair January 14, 2026 Good morning and welcome back to the City AM liveblog. Investors were taking a back seat to risk on Tuesday after President Donald Trump’s latest salvo on the Federal Reserve rocked global markets. The US Department of Justice opened a criminal investigation into the Fed’s chair, Jerome Powell, as Trump escalated his crusade against the central bank’s [...]