As it happened: WPP leads FTSE higher as market digests ‘do no harm’ Budget FTSE 100 Live Welcome to City AM‘s FTSE 100 liveblog. It’s Thursday morning and stocks are set to rise on the market open. Investors will be picking through John Healey’s maiden Budget throughout the day, which pushed up shares in banks and gambling firms after they were spared worse tax raids. The FTSE 100 closed level on Wednesday [...]
City grandees call for revival of ‘animal spirits’ on Big Bang anniversary Markets City grandees have called on the government to revive “animal spirits” in London’s capital markets and accelerate regulatory reform on the anniversary of the Big Bang. Industry leaders told City AM the City has enjoyed decades of success since the sweeping deregulation of the Square Mile in 1986 but Britain’s financial services industry is now [...]
As it happened: FTSE 100 slides as oil holds at $115; tech surges FTSE 100 Live Welcome back to the City AM FTSE 100 live blog. The FTSE 100 is sliding after a bruising session for heavyweight stocks, while tech continues to perform elsewhere. Brent crude is also trading above $115 per barrel as renewed diplomatic efforts in the Middle East raised hopes of preventing a wider escalation of the US-Iran [...]
Plus500 finance chief says US listing ‘always on table’ October 26, 2026 The finance boss of Plus500 has said a US listing is “always on the table” as the fintech firm turns to North America for its next phase of growth. Elad Even-Chen, chief financial officer at Plus500, told City AM: “We always keep assessing all the opportunities. It’s our duty as a public company.” “It’s something [...]
As it happened: FTSE 100 up on defence boost; oil falls back as Trump weighs Iran deal October 26, 2026 Welcome back to the City AM FTSE 100 live blog. The FTSE 100 has enjoyed a major rally on the back of booming defence stocks ahead of an expected investment from the government at the forthcoming Budget. This is also coming alongside a modest relax in oil prices on new diplomatic hopes in the Middle [...]
As it happened: FTSE 100 slides as oil surges to five-month high October 23, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Friday morning and London’s blue-chip index is set for a flat open as pressures on markets persist. The price of a barrel of oil has surged to $114 per barrel, trading at its highest level in over five months. It follows escalating Houthi attacks on [...]
Barclays set for investment bank boost as Venkat’s overhaul in focus October 20, 2026 Barclays‘ investment bank could be in line for another major boost. But Samuel Norman takes a look at the progress investors will be wanting to hear on its latest strategy plans. When CS Venkatakrishnan laid out his sweeping restructuring of Barclays he promised a “simpler, better and more balanced” bank. Key to this was reducing [...]
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 [...]
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 [...]
Plus500 turns to US for ‘super-app’ ambitions October 13, 2026 Plus500 has laid out plans for a “super-app” in the US after completing a takeover that will deepen its presence across the Atlantic. The FTSE 250 fintech said on Tuesday it had begun development of a super-app that will offer “sophisticated trading capabilities” and new features for US users. It came as the firm revealed [...]