‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
FTSE 100 jumps as Strait of Hormuz fully open following ceasefire Markets The Iranian regime has reopened the Strait of Hormuz following a ceasefire in the Middle East between numerous warring nations. Tehran’s foreign minister said on Friday afternoon: “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”. Traffic [...]
FTSE 100 Live: Stocks jittery as Starmer makes play to reopen Strait of Hormuz Markets Good morning and welcome back to the City AM liveblog. The UK and France are set to co-chair a meeting with allies later today in a bid to strum up ways to re-open the Strait of Hormuz. The vital waterway, which sits off Iran’s coast, sees around a fifth of the world’s oil supply flow [...]
Trump-hating Fifa World Cup fans should have costs paid if denied visa Sport Business Any fan who is denied entry to the Fifa World Cup by the US over their social media accounts should have their visa costs covered, UK politicians have said. US entry rules allow authorities to comb through five years of social media posts, denying entry to applicants should they criticise the government and President Donald [...]
Easyjet shares grounded after revealing £560m hit from Iran war April 16, 2026 Easyjet expects to make a whopping loss in the first half of the financial year after the war in the Middle East led to major disruptions across operations. The budget airline said on Thursday it is forecasting a loss before tax of between £540m and £560m as the industry battles against rising costs. Shares in [...]
FTSE 100 Live: Entain leads modest stock jump; Surprise growth ‘pushed to rear view’ April 16, 2026 Good morning and welcome back to the City AM liveblog. Markets are betting the latest round of peace talks will bring some resolution to the conflict in the Middle East. US markets managed to clinch a record high close on the latest news of peace talks but in London the FTSE 100 splintered and finished [...]
‘I will not yield’: Starmer dismisses Trump’s trade threat as ‘pressure’ April 15, 2026 Sir Keir Starmer has dismissed President Donald Trump’s threat to change a trade deal struck between the US and the UK as “pressure”. Liberal Democrat leader Sir Ed Davey used a question in parliament to say Trump had treated the UK “like a mafia boss running a protection racket” after he threatened to change a [...]
FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent April 15, 2026 Good morning and welcome back to the City AM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]
‘Complex risks’: Jamie Dimon strikes cautious tone as JP Morgan profit beats target April 14, 2026 JP Morgan boss Jamie Dimon struck a cautious tone on Tuesday as the Wall Street bank revealed a major bump to its bottom line on the back of a boom in investment banking. The US banking giant recorded a net income of $16.5bn in the first-quarter, up 13 per cent from the same period in [...]
FTSE 100 Live: Stocks uneven as Trump’s Strait of Hormuz blockade begins April 14, 2026 Good morning and welcome back to the City AM liveblog. Markets were rocked yesterday by the US’ blockade of the Strait of Hormuz, adding a new layer of tensions to the weeks-long conflict in the Middle East. Vice-President JD Vance has accused the Iranian government of engaging in an “act of economic terrorism” through its [...]
FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade April 13, 2026 Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]