Bad news: Reach share price sinks amid digital headache and falling print sales July 22, 2026 London listed publisher Reach continued to feel the impact of declining online views and lower print circulation, as the company continues to navigate the changing media landscape. The group’s share price sank 19.5 per cent in early trading to 47.4p, bringing the stock down 13.6 per cent since January after the company suffered a sharp [...]
As it happened: Stocks rise but oil tops $95; inflation eases July 22, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Wednesday and new Chancellor John Healey secured an early boost after the Office for National Statistics (ONS) revealed that inflation slowed in June. Headline CPI inflation dipped from 2.8 per cent in May to 2.6 per cent in June. Grant Fitzner, chief economist at the [...]
‘We are going to run out’: Mitie marks eleventh mega takeover of 2026 July 22, 2026 Mitie’s takeover by rival facilities management group OCS marks the London Stock Exchange’s eleventh £1bn takeover so far this year, as the market continues to serve as a hunting ground for private buyers. OCS agreed to pay 218.5p per share and a final dividend of up to 3.1p. The offer price comes at a 44.7 [...]
London Stock Exchange unveils ‘LSE24’ round-the-clock trading venue July 21, 2026 The London Stock Exchange has unveiled plans to introduce 24-hour trading as it seeks to claw back interest from retail investors lured away by crypto and overseas markets. The stock market’s operator, LSEG, said it will launch the new venue, dubbed LSE24, as soon as next year in order to give “global investors greater flexibility [...]
FTSE 250 facilities manager swept off London Stock Exchange in £3.1bn deal July 21, 2026 Mitie is set to become the latest company picked off the London Stock Exchange, after agreeing to a £3.1bn takeover by UK rival OCS. The global facilities management company agreed to pay 221.6p in cash for the firm, comprising 218.5p per Mitie share and a final dividend of up to 3.1p. The offer price is [...]
As it happened: Stocks rally as defence shares surge on John Healey as Chancellor July 21, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Tuesday and the markets have been adjusting to the first full day of Andy Burnham’s Labour government. Burnham shocked Westminster and the City on Monday evening when he appointed John Healey as his Chancellor, just weeks after he had resigned in protest as defence secretary. [...]
Big Yellow slashes staff and turns to automation after Reeves’ business rates blow July 20, 2026 Big Yellow continued to trim its headcount and hike investment into automation in a bid to cut staff costs, as the company continues to deal with the fallout of Reeves’ decision to hike business rates. The Chancellor’s decision to increase both national insurance and minimum wage in the 2024 Autumn Budget, caused the group to [...]
As it happened: John Healey named Chancellor as Burnham shakes-up cabinet July 20, 2026 Welcome back to the City AM liveblog. Andy Burnham has become the UK’s newest Prime Minister, succeeding Sir Keir Starmer just two years after his landslide win at the 2024 general election. Starmer visited the King this morning to give him his resignation. In his farewell speech outside Number 10, the outgoing Prime Minister said [...]
As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue July 17, 2026 Welcome back to the City AM liveblog. Oil is on track to gain around 12 per cent for the week after the continued escalation of strikes between the US and Iran. Brent crude – the international benchmark for oil – is holding steady around the $85 per barrel mark after US’ multiple strike offensives against [...]
Engineering group picked off London Stock Exchange in £4.1bn deal July 16, 2026 Rotork is set to become the latest company snapped off the London Stock Exchange by a foreign buyer after agreeing to a £4.1bn takeover by Swiss rival ABB. The engineering group agreed to pay 506p per share in cash for the FTSE 250 firm, comprising 503p in cash and a dividend of up to 3p. [...]