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      Tories set out £36bn welfare cuts in push for savings 

      Kemi Badenoch will push to restore the Tories' economic credibility in the eyes of the public in a key speech.

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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  • 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 [...]

    A man in a suit holding a red budget box in front of a black door marked 11
  • Budget 2026 Live: Healey introduces pension tax allowance and lays out bank surcharge plans

    Economics

    Welcome to City AM‘s Budget liveblog. The Chancellor has delivered his Budget speech in the House of Commons. John Healey announced a range of measures to tackle the cost of living but the market will keep a close eye on his tax and spending plans as the government looks to balance the books. Healey has [...]

    A person in a dark suit walking, carrying the red Chancellor of the Exchequer budget box with the royal crest.
  • 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 [...]

    London Stock Exchange logo on a large blue digital display screen in a modern building atrium
  • As it happened: FTSE 100 slides as oil holds at $115; tech surges

    October 27, 2026

    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 [...]

  • Airtel Money shares muted in biggest London IPO in five years

    October 9, 2026

    Airtel Money shares were muted after the firm it kicked off trading on the London Stock Exchange in the largest initial public offering in the City for five years. The mobile payments firm has priced its shares at £1.96 apiece, which hands it a price tag of around £5.3bn. Existing shareholders, which include the Qatar [...]

  • As it happened: FTSE 100 slide as oil price jumps; Global bond yields higher

    October 7, 2026

    Welcome back to City AM‘s FTSE 100 liveblog. Global markets are swimming in the red as the price of oil trends higher following tensions in the Middle East offsetting a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday following intensified attacks on tankers in the [...]

  • Investors dump UK stocks as Budget rumours compound caution

    September 8, 2026

    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 [...]

  • How the boss of Zilch became UK fintech’s power broker

    July 8, 2026

    Last year, Zilch founder Philip Belamant sat down with then-boss of Monzo, TS Anil.  As the two friends caught up, Belamant was fizzing with ideas to turn his $2bn British fintech into a global powerhouse, according to sources familiar with the matter.  Not long ago, Zilch had set up shop across the pond, and Belamant [...]

  • As it happened: Stocks rally as Trump touts Iran deal at G7 summit; Oil lowest since early-March

    June 16, 2026

    Welcome back to the City AM liveblog. Global leaders are gathering today in France for the G7 summit as markets digest the latest developments in the US-Iran peace deal. Relief spread across global markets yesterday after the US and Iran were confirmed to have sealed a deal to stop the fighting in the Middle East [...]

  • Asian stocks reach record highs on tech euphoria and US-Iran peace deal

    June 15, 2026

    Stocks across Asia surged during Monday trading, as market euphoria from SpaceX’s IPO on Friday combined with relief over the US-Iran peace deal sent investors back into the stock market, pushing indexes to record highs. Tokyo’s Nikkei 225 rocketed over five per cent in the first 90 minutes of trading, surpassing the 69,000 mark to [...]

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