FTSE 100 Live: Stocks dip; Reeves give energy update as oil prices jump March 24, 2026 Good morning and welcome back to the City AM liveblog. Oil is back on the rise this morning following a series of mixed messages on Monday that brought forward a day of whiplash for global markets. The trading session started with nosedives into the red as markets digested President Trump’s 48 hour ultimatum on Iran, [...]
UK must learn lessons from this crisis – starting with energy policy March 24, 2026 Has the US brought Iran to heel? Or has Iran discovered it has the upper hand? These are urgent questions and the world waits with bated breath for clear answers. Trump claims Iran approached the US, seeking a deal to end the war, and while the Iranians deny this it seems likely that contact has [...]
Revolut eyes trading and wealth push amid hiring spree March 24, 2026 Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
Manic Monday: How Trump rocked global markets March 23, 2026 President Donald Trump sent global markets on a rollercoaster ride as traders were left stunned by mixed messages coming from the US administration and the Iranian regime. The Brent Crude oil price was trading around $114 per barrel before Trump said in a post on Truth Social that he was pausing strikes due to “productive” [...]
Starmer admits defence upgrade doesn’t have enough funding March 23, 2026 Sir Keir Starmer has admitted the government’s proposed defence plan does not have enough as he vowed to “resolve” the rift between the Treasury and the Ministry of Defence. The Prime Minister admitted a target to raise spending on defence from 2.5 per cent of GDP in 2027 to 3.5 per cent in 2035 required [...]
How the Bank of England will read into outdated inflation data March 23, 2026 Can data be redundant? The Office for National Statistics will this week give the impression that inflation is stable. Economists have predicted the consumer price index inflation print for the year to February to come in at three per cent, like last month, which would have otherwise made for satisfactory reading. But the figures precede [...]
Small businesses ‘dismayed’ at HMRC plan to tighten tax rules March 23, 2026 Small businesses are “dismayed” at the prospect of tax rules being tightened under new proposals set out by HMRC. The rules, which are subject to a consultation, would require close companies, which are defined as firms controlled by five or fewer individuals, to provide HMRC with details of all transactions between the company and its [...]
Holidaymakers face billion-pound tax on ‘great British holiday’ March 23, 2026 The “great British holiday” is under threat from a proposed tax which would hit visitors with £1.6bn in new charges and threaten 33,000 jobs, hospitality bosses have warned. The country’s holiday economy could be “decimated” by a levy on tourist accommodation which would turn away domestic and international holidaymakers, according to new modelling. Industry body [...]
Trump’s call to pause strikes in Iran boosts markets March 23, 2026 Global markets leaped on news that President Trump paused strikes on Iranian infrastructure as he hinted that negotiations had been “very good and productive”. Brent crude – the international benchmark for oil prices – plunged back to below $100 per barrle after having jumped to $112 earlier in the day. The FTSE 100 also rose [...]
Pagefield owner PPHC ramps up political consultancy with WPI acquisition March 23, 2026 AIM-listed consultancy firm PPHC has ramped up its politics offering after acquiring government relations business WPI Strategy. Founded in 2014, WPI turns over around £2.5m per year and counts the likes of London City Airport, Microsoft, Pension Insurance Corporation, and Vodafone Three among its clients. The company, which counts a number of former Labour advisers [...]