Abolish stamp duty on shares to reverse London’s IPO slump, say top fintechs Fintech The group that represents the UK’s fastest growing fintech companies has called for the government to scrap stamp duty on shares to boost London’s flagging initial public offering market. Innovate Finance – which counts Revolut, Monzo and Zilch among its members – has called for the Treasury to ditch the 0.5 per cent levy on [...]
Investors dump UK stocks as Budget rumours compound caution Investing UK equity funds have been hit with another month of outflows after investors dumped stocks in favour of cash and bonds. Investors withdrew a net £601m from UK stock funds during August, driving a broader £315m net outflow across global equity strategies. The retreat marks the fourth consecutive month of net selling globally and the [...]
As it happened: FTSE 100 waivers; oil nears $100 on new Hormuz sanctions FTSE 100 Live Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index slipped on Tuesday morning, as investors weighed fresh tensions in the Middle East which boosted London’s oil majors but dragged on other members. Oil prices continued to march upwards. Brent crude – the international benchmark for oil prices – gained another 1.5 per [...]
As it happened: FTSE 100 wavers as weak housebuilding drives faster construction downturn September 4, 2026 Welcome back to City AM‘s FTSE 100 liveblog. The UK’s blue chip index made a soft start on Friday morning, as investors brace for a US jobs report and digest the latest signs of a worsening downturn in the UK’s construction sector. Borrowing costs have eased slightly, after a global rout on government bonds threatened [...]
Fresh stock market raid sparks clarion call for action September 2, 2026 The London Stock Exchange risks being gutted of even more blue-chip firms this year without urgent action from ministers and officials, a group of top advisers has said, after three more listed companies accepted bids from foreign buyers. The cohort warned that “complacency is not a viable option” following news that FTSE 250 firms Bodycote [...]
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 [...]
London Stock Exchange boss: We should know which companies our pensions are backing August 11, 2026 The boss of the London Stock Exchange has called on pension providers to be clearer about the make-up of their vast portfolios, arguing that greater transparency would encourage them to back more homegrown companies. Dame Julia Hoggett told City AM it should be easier for savers to determine where their retirement nest eggs are invested, [...]
The London Stock Exchange is shrinking – but Julia Hoggett is still an optimist August 11, 2026 The London Stock Exchange’s two flagship indexes are trading near all-time highs. But beneath the surface, it has been another testing year for the capital’s bourse. Boss Dame Julia Hoggett tells Ali Lyon what she is doing to disprove the doomsters. In the cavernous foyer of London’s historic stock exchange, a giant cube is flashing [...]
As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally August 4, 2026 Welcome back to the City AM FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]