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      Trump calls on Starmer to help secure Strait of Hormuz

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UK economy

  • Private sector to decline but City to buck trend

    March 2, 2026

    Activity in the private sector is forecast to decline over the next three months but firms across business and professional services are set to enjoy their best quarter since 2024, the UK’s leading industry group has said.  The Confederation of British Industry (CBI) has found that most firms expect activity to fall in the next [...]

  • Oil prices spike as UK base hit by Iranian missile

    March 2, 2026

    Oil prices spiked this morning as tensions continued to escalate in the Middle East, raising concerns that a key shipping route could be halted and an Iranian missile attack on an RAF base could drag the UK into a regional war. The cost of a barrel of brent crude – the international benchmark for oil [...]

  • FTSE 100 Live: Gas price surge after LNG halt, stocks slide amid Iran conflict

    March 2, 2026

    Good morning and welcome to the City AM liveblog. Global markets were in store for another dose of risk to kick off the new week after tensions in the Middle East reached a boiling point over the weekend. The cost of a barrel of brent crude – the international benchmark for oil prices – climbed [...]

  • MIPIM: The Cannes real estate conference shaping the London skyline

    March 2, 2026

    The City of London Corporation's presence at MIPIM is as strategic as it is promotional, and will help shape the City skyline.

  • Business confidence slumps ahead of Spring Statement

    March 2, 2026

    Business confidence slumped back in February as directors’ frustration with the state of the UK economy grew, new research has shown.  The Institute of Directors’ latest business confidence survey has uncovered bosses’ exasperation with the UK economy and the level of employment taxes preventing them from taking on more workers.  The IoD said its economic [...]

  • Investors tremble as Iran risks oil price spiral with attack on Strait of Hormuz 

    February 28, 2026

    City analysts and policymakers are on edge as a possible attack by Iran on the Strait of Hormuz could send oil prices spiralling. Investors fear a new inflationary shock could hit major economies including the UK as a result of full-blown war between the US and Iran.  Many had pinned hopes on nuclear programme negotiations [...]

  • Female entrepreneurs favour human connection as many see isolation a challenge

    February 27, 2026

    Female founders and entrepreneurs have highlighted human connection as critical in building their business, as many still feel the challenge of isolation and loneliness. Nearly 80 per cent of female entrepreneurs identified human connection as significant to their livelihood, a new study from Female Founders Rise has found. Respondents highlighted the significant need for community [...]

  • Legal battle over Labour’s inheritance tax reliefs set for March hearing

    February 27, 2026

    The legal challenge to proposed changes to agricultural property relief (APR) and business property relief (BPR) has been listed for an urgent two-day hearing next month. The proposed changes to APR and the BPR represent one of the biggest shifts in UK IHT policy in decades, following the government’s initial increase of the threshold to [...]

  • ‘Quiet revolution’ – Rathbones shares rise along with CEO’s ambition

    February 27, 2026

    FTSE 250 company Rathbones saw its share price soar in early morning trading as it announced it was aspiring to become the “best wealth manager in the UK by far”. Shares rose 9.05 per cent to 2,410 pence, gaining 24.6 per cent this year to date. Profit before tax jumped 53.5 per cent to £152.9m, [...]

  • FTSE 100 Live: Pound hits two month low after byelection, Flutter shares tumble

    February 27, 2026

    Good morning and welcome back to the City AM liveblog. We were treated to a whole host of corporate updates yesterday and investors in some of the City’s biggest blue-chips were handed plans for bumper returns. Aerospace giant Rolls-Royce revealed ambitions to dish out up to £9bn to shareholders through from 2026 to 2028. The [...]

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