As it happened: FTSE 100 edges up as tech rebounds from sell-off; Oil set for weekly gain October 16, 2026 Welcome back to City AM‘s FTSE 100 live blog. London’s blue-chip index has dipped this morning as tech stocks rebound after a sell-off earlier in the week. Over in Asia, equities bounced back overnight, reversing some of the losses from a heavy selling session after investors ditched their tech exposure following questions around cloud company [...]
As it happened: FTSE 100 surges as London swerves Asian tech sell-off; surprise GDP growth October 15, 2026 Welcome back to City AM‘s FTSE 100 live blog. Stocks are set to slip on Thursday morning despite a strong close yesterday for the UK’s blue-chip index. The ONS will reveal the rate of GDP growth for August this morning, which economists expect to reveal that the economy has shrunk. Stick with us throughout the [...]
Burnham complains Jackdaw and Rosebank approval delayed by ‘government process’ October 14, 2026 Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs that he would take a “pragmatic approach” on oil and gas drilling amid calls from energy bosses for drilling to go [...]
As it happened: Stocks jump in housebuilder boost; oil edges up October 14, 2026 Welcome back to City AM‘s FTSE 100 live blog. Stocks made a shaky start on Wednesday morning following a late collapse on Tuesday afternoon, but eventually recovered to modest gains in the late morning. Housebuilders Barratt Redrow and Bellway led the way, lifting other property names like British Land and Workspace. Oil prices are rising [...]
BP braces for hit of up to $4.5bn in pivot from green energy October 13, 2026 BP is bracing for a hit of up to $4.5bn after a hefty write-down in its energy transition unit, as the firm pivots away from aggressive green targets. The FTSE 100 energy giant told markets on Tuesday its third quarter update – set for the end of the month – would include a post-tax impairment [...]
As it happened: FTSE 100 loses early gains as oil prices stay high October 13, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index made strong gains on Monday morning, jumping more than 0.9 per cent soon after the market open. This follows Tuesday’s strong showing, when the index gained nearly one per cent. In a busy morning the corporate results, Premier Inn owner Whitbread hit [...]
Oil prices waver as Trump pushes for dubious Ukraine-Russia ‘ceasefire’ October 12, 2026 Oil prices remained above the $100 mark on Monday morning after President Trump hailed a deal with Russia’s President Putin that would lead to the supply of millions of barrels of diesel to the US and global markets. Brent crude oil futures, a benchmark for international prices, fell by about 0.6 per cent to $104 [...]
As it happened: FTSE 100 gains; oil rises despite Trump’s Russian diesel deal October 12, 2026 Welcome back to City AM‘s FTSE 100 live blog. The UK’s blue-chip index is set to make gains on Monday morning, picking up where Friday’s rally left off. Oil prices fell in early trading, as Brent crude – the international benchmark for oil – dipped below $104 per barrel following President Trump’s plans to import [...]
As it happened: FTSE 100 rallies as oil falls back after Trump’s Iran war pledge October 9, 2026 Welcome back to the City AM liveblog. Donald Trump has said the US has engaged in “productive discussions” with Iran and would refrain from attacking the country before the midterm elections, bringing relief to the oil market. It’s taken the price of Brent crude back slightly, though it has remained around $103 per barrel after [...]
As it happened: Oil surges after Trump says he doesn’t ‘really want’ Iran peace October 8, 2026 Welcome back to City AM‘s FTSE 100 liveblog. The FTSE 100 has returned to the red after markets were hit by the spiking price of oil this week that led to a global bond sell-off. The UK’s 10-year gilt yield rose ten basis point yesterday before giving up some gains to settle seven basis points higher at [...]