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      Lloyd’s of London allows staff to work from home as heatwave hits the capital

      Lloyds of London building exterior showcasing iconic architecture in the financial district, highlighting business heritage

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      Uefa blasts Fifa over Infantino plan to ‘sell football’s soul’ for $4bn

      Gianni Infantino holding the FIFA World Cup trophy while speaking at a podium.

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      Here we go again: The best roof terrace for yet another heatwave

      Madison rooftop bar, overlooking St Pauls Cathedral.

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  • FTSE 100 Live: Stocks dip as oil prices surge to three-week high

    Markets

    Good morning and welcome back to the City AM liveblog. There’s set to be little relief in markets this morning as investors return from the weekend to oil hitting a three-week high. The price of Brent crude – the international benchmark for oil prices – rose two per cent to over $107 on Monday morning. [...]

    Diversified Energy Company said it would pay for the sale with a $35m share issuance.
  • Lloyds shares to offer best cash-back rate in Europe, analysts say

    Banking

    Lloyds shareholders are set for a bumper few years as analysts predict the bank will continue to splash cash on dividends and buybacks. The bank has been tipped to move to a half-year buyback, in a move that will majorly ramp up the money it hands back to investors. In 2025, Lloyds beat out its [...]

    Breaking news illustration with abstract elements, bold colors, and modern design, fitting a general news theme
  • Elon Musk’s payday could top $1tn with Tesla shares deal

    Tech

    Elon Musk, already the world’s richest man, is at the centre of a corporate controversy after Tesla’s board proposed a $1tn (£820bn) compensation package – the largest in corporate history. The ten-year plan, designed to incentivise Musk to focus on his EV business, would reward the chief executive with 12 tranches of shares, if Tesla [...]

    Tech billionaire Elon Musk has been asked to serve in Donald Trump’s cabinet. (Photo by Apu Gomes/Getty Images)

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