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  • FTSE 100 Live: Stocks slump as oil prices hit $100; Bailey warns inflation risk ‘on upside’

    FTSE 100 Live

    Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index fell on Wednesday as oil prices reared up yet again, reaching six-week highs. Speaking late on Tuesday, Andrew Bailey caused fresh speculation that the Bank of England could hike interest rates when he said that risks to inflation remain “on the upside”. The [...]

    Diversified Energy Company said it would pay for the sale with a $35m share issuance.
  • Eurowag: Trucking services firm’s shares jump on higher revenue while profit slides

    Transport and infrastructure

    Eurowag has reported a jump in revenue for the first half of 2024, while the FTSE 250 trucking services group's profit slid and it said it still had no plans to pay a dividend three years after listing in London.

    The firm still has no plans to pay its first dividend since listing on the London Stock Exchange in 2021.

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