As it happened: FTSE 100 slump as oil soars; Trump says Iran will be ‘hit hard’ tonight July 8, 2026 Welcome back to the City AM liveblog. Global markets are strapping in for a return to risk-aversion after the US and Iran traded strikes overnight following the breakdown of a peace deal in the Middle East. The US kicked off its “series of powerful strikes” late Monday night. The nation’s Central Command said the attacks [...]
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 [...]
Currys launches £50m buyback as it shrugs off market slowdown July 2, 2026 Currys said it would launch a £50m share buyback after it posted a jump in profit and shrugged off a wider market slowdown by expanding its offerings and cutting its cost base through redundancies. The tech retailer said its UK and Ireland revenue ticked up three per cent to £5.4bn and “outperformed the market” following [...]
AI disputes are turning into deals July 1, 2026 Lawyer by day, rapper by night, Nick Eziefula has seen both sides of the coin when it comes to disputes over AI and art.
Why I’ve fallen back in love with the iPod July 1, 2026 In a world where digital ownership is increasingly rare, Simon Hunt returned to technology from 2007 – and hasn’t looked back. Not since childhood had I been this excited to open a parcel. I tore through layers of brown sticky tape, clawed through the cardboard box and unpeeled the bubble wrap. And there it was: [...]
Winners and losers: Billionaires boom but Brits suffer largest fall in wealth since pandemic July 1, 2026 The artificial intelligence boom fuelled a 13 per cent surge in global billionaire wealth last year, according to a fresh study which also found the UK has suffered the biggest fall in overall wealth levels of any developed nation since the pandemic. According to the UBS temperature check of high-net-worth individuals, nearly 400 billionaires were [...]
The Debate: Should delivery robots be allowed on pavements? July 1, 2026 Are delivery robots a sign of progress or a threat to pedestrians? We hear both cases in this week's Debate.
The real AI risk isn’t job losses, it’s who can see what June 30, 2026 Beyond the fearmongering, it’s a more mundane AI threat that will be making waves in boardrooms, writes Paul Armstrong.
Footasylum calls in the robots with THG Fulfil warehouse deal June 30, 2026 Trainers will be shuttled across Footasylum warehouses by automated robots after the sports and streetwear firm struck a deal with logistics company THG Fulfil. THG Fulfil, a division of Manchester-based THG Ingenuity, has signed a deal with Footasylum to revamp its warehouse facilities with robots and automated operation platforms in a so-called Autostore system. The [...]
Government-backed ESG reporting platform put up for sale as firms backtrack on eco-goals June 30, 2026 An ESG reporting platform backed by the government-owned British Business Bank has been put up for sale after appointing administrators, City AM can reveal, in the latest sign blue-chip companies are paring back their sustainability commitments. World Wide Generation, which operates the platform, known as G17 Eco, has opened the bidding to interested parties and [...]