Revolut’s blockbuster IPO is two years out, says Nik Storonsky April 20, 2026 The boss of Revolut has ruled out a public listing for the next two years in a move that extends the Treasury’s timeline to shore up one of Europe’s most-desired IPO prospects. Nik Storonsky, the straight-talking founder of Revolut, said a public debut was “two years away”. “We’re a bank, and for a bank, it’s [...]
Wall Street scales to record highs as investors bet the end of the Iran war is in sight April 16, 2026 Wall Street surged to fresh record highs on Wednesday amid growing optimism among investors and traders that the end of the US-Iran war is near as both nations gear up to return to the negotiating table. The benchmark S&P 500 breached 7,000 points for the first time in history, after climbing 0.8 per cent over [...]
FTSE 100 Live: Entain leads modest stock jump; Surprise growth ‘pushed to rear view’ April 16, 2026 Good morning and welcome back to the City AM liveblog. Markets are betting the latest round of peace talks will bring some resolution to the conflict in the Middle East. US markets managed to clinch a record high close on the latest news of peace talks but in London the FTSE 100 splintered and finished [...]
Standard Life snaps up Aegon UK for £2bn to create savings giant April 15, 2026 Standard Life has snapped up the UK’s largest investment platform Aegon UK in a £2bn deal. The FTSE 100 giant – previously known as Phoenix Group – said the deal would create the UK’s top retirement savings and income business with near 16m customers and £480bn in assets under administration. Standard Life expects an annual [...]
FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent April 15, 2026 Good morning and welcome back to the City AM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]
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 [...]