Middle East expats rush back to London, luxury property rents spike April 10, 2026 An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency. British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]
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 [...]
Goldman: Oil could remain at crisis prices for rest of year April 9, 2026 Goldman Sachs has warned that oil prices could stay above the $100 a barrel mark for the rest of 2026 if the Strait of Hormuz stays shut for another month. In a note published on Thursday, the investment bank said any truce between Iran and the United States would be fragile, and that four more [...]
JP Morgan and Goldman Sachs to lead Wall Street profit haul on back of Iran war April 9, 2026 Top Wall Street banks are tipped to reveal huge profit growth next week amid firm investment banking activity and soaring trading volumes on the back of volatility in the Middle East. Goldman Sachs will issue the starting gun on US banks earnings season on Monday, where boss David Solomon has already teased a boom in [...]
Energy bills threat recedes but retail and hospitality remain on brink April 8, 2026 Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]
FTSE 100 Live: Stocks dip ahead of Trump’s Iran deadline April 7, 2026 Good morning and welcome back to the City AM liveblog. The London market is set to return from the bank holiday break with a major hangover. Whilst the City enjoyed an Easter break, volatile trading continued with Brent crude – the international benchmark for oil – hovering around the $110 mark after see-sawing between gains [...]
US markets hold steady after Trump’s expletive weekend ultimatum April 6, 2026 US markets held their nerve on Monday, as Wall Street traders returned to their desks for the first full session after President Donald Trump’s explosive, expletive-strewn demands for Iran to re-open the Strait of Hormuz. Brent crude oil held the $107-a-barrel mark. But the global benchmark eased overall, by $1.50 to $107.54. European stock exchanges [...]
Bank of England: UK economy risks ‘large and overlapping’ shocks April 1, 2026 The Bank of England has issued a major warning that the financial system is facing increasing risks of “large, frequent and potentially overlapping shocks” amid the volatility from the Middle East war‘ and ongoing market risks’s impact on energy and global markets. In the latest meeting of the central bank’s Financial Policy Committee top officials [...]
Rolls-Royce shares rocket to recovery as FTSE 100 takes off April 1, 2026 Shares in City heavyweight Rolls-Royce helped lead London’s blue-chip index higher this morning as markets were buoyed by hopes of peacetalks in the Middle East. Rolls-Royce stock soared as much as seven per cent on open to 1,215.00p. It followed comments from Donald Trump that the US would “leave” Iran in “two to three weeks”. [...]
FTSE 100 Live: Stocks boom as Trump signals end to Iran war; Starmer eyes closer ties to EU April 1, 2026 Good morning and welcome back to the City AM liveblog. President Trump has made his clearest indication yet that the war in Iran might soon come to a close, saying the US will “leave” Iran in “two to three weeks” when they are certain the regime will not be able to build a nuclear weapon [...]