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      UK company profit warnings surge as Iran war drives up costs

      The FTSE 100 could face trouble as banks suffer from bond market turmoil.

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President Donald Trump

  • As it happened: Stocks jump as oil drops; Unilever shares soar on decade-best sales

    July 28, 2026

    Welcome back to the City AM FTSE 100 liveblog. It’s Tuesday and the UK’s blue-chip index has made strong gains following a peaky start to the day. The markets took a boost yesterday after oil dropped back after reaching two-month highs of more than $100 per barrel last week when the Iran backed-Houthis took responsibility for tanker [...]

  • As it happened: Stocks rise; oil falls after Trump pauses Iran strikes

    July 27, 2026

    Welcome back to the City AM FTSE 100 liveblog. It’s Monday and the FTSE 100 has made a positive start to the week, gaining more than 70 points on the market open after oil prices began to fall from last week’s two-month highs. Brent crude, the international benchmark for oil prices, slipped to $90.58 in early trading [...]

  • As it happened: FTSE 100 recovers after oil surge dampens mood; Strikes in the Strait of Hormuz

    July 14, 2026

    Welcome back to the City AM liveblog. Oil prices are marching higher after the latest wave of military action in the Middle East following the US reinstating its blockade on imports from Iran. Brent crude – the international benchmark for oil prices – surged above $84 per barrel on Tuesday, bringing gains for the week [...]

  • As it happened: FTSE 100 rises to defy tech gloom; oil creeps up on fresh Iran tensions

    July 7, 2026

    Welcome back to the City AM liveblog. Donald Trump warned the US will “finish the job” in Iran leaving investors unnerved as he renewed military threats following the funeral of Tehran’s former Supreme Leader Ayatollah Ali Khamenei. Brent crude – the international benchmark for oil – traded above $72 per barrel on the news, but [...]

  • As it happened: Stocks tumble after Apple rattles global markets; UK food exports hit by US tariffs

    June 26, 2026

    Welcome back to the City AM liveblog. Markets are digesting fresh inflationary fears driven by Apple’s price hike as well as renewed threats over the safety of the Strait of Hormuz this morning after a projectile struck a vessel off the coast of Oman. Asian equity markets took a tumble overnight as price increases announced [...]

  • As it happened: Stocks higher as oil price sinks; Reeves makes bid to stay as Chancellor

    June 25, 2026

    Welcome back to the City AM liveblog. The price of oil is heading lower this morning as the outlook around the Strait of Hormuz improves. Brent crude – the international benchmark for oil prices – tumbled below $73 per barrel, extending losses for a fourth consecutive session. These moves helped wipe out all the gains [...]

  • As it happened: FTSE 100 scrapes into green after Segro’s surge; Oil at pre-war levels after Trump snaps at industry

    June 24, 2026

    Welcome back to the City AM liveblog. European markets were a mixed bag on Wednesday after a bruising sell-off had investors across the globe dumping their equity exposure. In Europe, the FTSE 100 closed down just shy of 0.1 per cent on Tuesday, undershooting the bigger losses seen on Germany’s Dax at one per cent, [...]

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

    June 22, 2026

    Welcome back to the City AM liveblog. Markets are set to start off the new week facing renewed threats on both the domestic and geopolitical front. Over the weekend, fractures that were forming in the US-Iran peace deal burst wide open after Iran’s top military command said it shut the Strait of Hormuz after “violations” [...]

  • Kevin Warsh tears up forward guidance on rate moves at the Fed

    June 17, 2026

    Kevin Warsh, the chairman of the Federal Reserve, signalled a major change to how the US central bank handles the run-up to its key interest rate decisions overnight, telling investors across global markets that “we’ve dropped forward guidance”.  There was concern in the City that it could mean a decline in the level of transparency over [...]

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

    June 15, 2026

    Welcome back to the City AM liveblog. Market sentiment is starting the new week on a positive note after Pakistan said an official peace deal between the US and Iran would be signed this Friday in Switzerland. Asian equities were sent soaring on the news after over a 100 days of uncertainty gripped global markets, [...]

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