Why Nationwide’s £7m boss was worth splashing the cash for April 15, 2026 Nationwide splashed the cash on it’s top boss, Debbie Crosbie, in this week’s column Samuel Norman asks if they got their monies worth. Nationwide has been proclaimed Britain’s best bank. The UK’s largest building society – which is, in fact, not a bank due its status as a mutual – has been handed the crown [...]
IMF: Middle East war risks sparking government debt doom loop April 14, 2026 Ballooning levels of government debt have left the global economy dangerously exposed to the aftereffects of the Middle East war, according to the International Monetary Fund (IMF), which warned a fresh wave of inflation could trigger a historic bond crisis. In its latest Financial Stability Report, the financial body said that countries’ inability to rein [...]
Can vapes save Imperial Brands? April 14, 2026 Twenty years ago, tobacco companies were among the top performers on the London Stock Exchange, driven by consistent cigarette demand and aggressive global expansion. But the attitude towards smoking has since shifted, with the numbers of smokers in the UK dropping off the back of campaigns, the rise of vaping and public health policies. In [...]
FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins April 14, 2026 Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]
Hungarian stocks surge as Peter Magyar topples Viktor Orban from power April 13, 2026 Hungarian-listed stocks hit records high in early trading after Prime Minister Viktor Orban was toppled from 16 years in power following a sweeping election defeat. Budapest’s BUX jumped 3.3 per cent upon market open, before settling at a 2.7 per cent gain, trading at 136,481 points, a fresh record high for the index. Gains were [...]
FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade April 13, 2026 Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]
FTSE 100 Live: Stocks jittery as North Sea oil prices smash record April 10, 2026 Good morning and welcome back to the City AM liveblog. Markets are continuing to digest the ever-changing narrative coming out of the conflict in the Middle East but even as hopes of a peace deal rise, the economic overhang still threatens to send shocks across the country. In a speech by Kristalina Georgieva, the IMF’s managing [...]
Rolls-Royce boss ‘Turbo Tufan’ gets backing for £18m pay packet April 9, 2026 The boss of Rolls-Royce looks to have secured the shareholder backing for a multi-million pound pay bump. Tufan Erginbilgic, who took charge of the firm at the start of 2023, is set to win approval for a £18m pay packet, which will see his annual bonus entitlement increase from two to three times his base [...]
FTSE 100 Live: Stocks take a dip as Trump’s ceasefire in doubt April 9, 2026 Good morning and welcome back to the City AM liveblog. Hopes for peace in the Middle East are on thin ice with the ceasefire unveiled on Wednesday morning already seemingly in tatters. According to Mohammad Bagher Ghalibaf, Iran’s parliament speaker, the US and Israel have already “violated” Iran’s 10-point ceasefire proposal in three ways. And [...]
Oil slides and stocks surge as US hails ‘chance at peace’ April 8, 2026 Global markets breathed a much-needed sigh of relief on Wednesday morning after it emerged Donald Trump reached a temporary ceasefire agreement with Iran, just hours before a high-stakes deadline in which the US president had threatened to destroy bridges, power plants and swathes of Iranian infrastructure. On Tuesday Trump set a dramatic ultimatum that “a [...]