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Middle East

  • As it happened: FTSE 100 drops; bonds sell-off cools but oil holds firm

    September 2, 2026

    Welcome back to the City AM liveblog. The FTSE 100 fell again on Wednesday as oil prices rose higher for the third consecutive session and keeping pressure on global markets. Brent crude – the international benchmark for oil prices – held around the $95 per barrel mark, securing it highest level since mid-July. It follows [...]

  • Healey facing £6bn hit as UK borrowing costs reach highest point since financial crisis 

    September 1, 2026

    UK borrowing costs have hit their highest level since the financial crisis as gilts were swept up in a mass rout across global bond markets.  The UK government is set to pay a higher rate on debt interest as 10-year gilt yields, the benchmark for borrowing costs, were up by as much as 15 basis [...]

  • Business confidence climbs on consumer spending power

    August 28, 2026

    Business confidence has risen to its highest level since March, as resilient consumers shrug off the impact of the Iran war and Budget-related speculation is kept to a minimum. According to the Lloyds Business Barometer, confidence among British firms rose four points in August to 53 per cent, the highest reading since the outbreak of [...]

  • As it happened: FTSE 100 jumps as oil falls back; Warsh says ‘work to do’ on inflation

    August 28, 2026

    Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index extended gains on Friday after some pressures in the oil market eased off. Oil prices reared back up on Thursday night, reversing days of losses earlier in the week. The price of Brent crude – the international benchmark for oil – jumped [...]

  • As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom

    August 27, 2026

    Welcome back to the City AM FTSE 100 liveblog. The UK’s blue chip index suffered heavy losses on Thursday, as murky US inflation data overshadowed Nvidia’s sales triumph. While headline inflation fell back, the Fed’s preferred measure – the Personal Consumption Expenditures Price Index (PCE) – is still running hot at 3.7 per cent. Investors [...]

  • As it happened: Antofagasta leads FTSE 100 rally; oil falls as US-Iran deal ‘close’

    August 26, 2026

    Welcome back to the City AM FTSE 100 liveblog. The UK’s blue-chip index slipped on Wednesday morning, dragged down by oil majors BP and Shell, before recovering later in the day to be level with Tuesday’s close. Brent crude – the international benchmark – fell by more than two per cent on Wednesday to $86 [...]

  • As it happened: FTSE 100 jumps in best streak since May; Vistry, Melrose lead risers

    August 25, 2026

    Welcome back to the City AM FTSE 100 liveblog. The blue-chip index jumped on Tuesday to extend its best winning streak since May. Melrose Industries led the FTSE 100 after the completion of a probe into a chemical incident in California, while Vistry gained 18 per cent on the FTSE 250 after winning cash in [...]

  • As it happened: Stocks rally; US to unveil ‘economic D-Day’ Iran sanctions

    August 24, 2026

    Welcome back to the City AM liveblog. The FTSE 100 rallied on Monday afternoon following a brief slump in the early afternoon. Wier, Airtel Africa and Intercontinental Hotels Group led the index’s risers while Autotrader and Melrose Industries dragged on the index. The attention of investors is trained on the other side of the Atlantic, [...]

  • As it happened: FTSE 100 climbs as markets digest Bessent buyback

    August 21, 2026

    Welcome back to the City AM liveblog. The FTSE 100 has closed 0.6 per cent higher after fresh research showed consumer confidence has risen to its highest level in nearly two years. The GfK consumer confidence index – which polls households on the way they view their finances and economic outlook – jumped three points [...]

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

    August 20, 2026

    Welcome back to the City AM liveblog. The FTSE 100 has slipped to a week low on Thursday, as JD Sports dragged on the index after warning on profit. The blue-chip index fell to 10,693 around midday, marking a 0.46 per cent drop on Wednesday’s close and a 0.7 per cent fall in the week [...]

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