By: Felix Armstrong

Felix Armstrong is a freelance journalist interning at City A.M. He is currently studying at the University of Cambridge, and has written for the Telegraph and the Times.

All 172 Articles

As it happened: FTSE 100 losses ease as oil higher after Saudi drone attack

FTSE 100 Live

Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is sliding this morning after a shaky week for trading. Oil pressures have climbed higher after a drone attack on Saudi Aramco’s Shaybah oil field killed two people. The incident renewed tensions in the Middle East and heightened concerns over further disruptions to [...]
TG Jones owner Modella pulls out of race to buy Poundland

Retail

TG Jones owner Modella Capital has pulled out of the race to buy Poundland but will still look to pick up some of its stores if a sale process collapses, City AM can reveal. The private equity firm, which also owns Flying Tiger, had expressed an interest in bidding for the entirety of Poundland but [...]
As it happened: FTSE 100 claws back losses; oil hovers as Iran-US talks stall

FTSE 100 Live

Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is looking to claw back losses made this week as investors weigh up the rising price of oil. Brent crude – the international benchmark for oil prices – surged above $110 per barrel on Wednesday, resuming its advance following mixed reports on diplomatic [...]

As it happened: FTSE 100 slides on market pressures; Google Cloud outage

October 20, 2026

Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index are extending Monday’s losses after a bruising showing following tension in European bond markets. A bond-sell off hit Europe following tensions in France after the Prime Minister introduced a curfew to contain explosive riots. The 10-year yield on French bonds – a direct [...]
As it happened: European stocks slump as bond yields spike after France riots

October 19, 2026

Welcome back to the City AM FTSE 100 liveblog. European bond markets have been left in the red following the shifting pressures on global markets. The 10-year yield on French bonds – a direct reflection of the government’s cost to borrow – spiked some 13 basis points to 4.9 per cent. The spread between French [...]
Everyman to become the first company to ditch Aim for Pisces market

October 14, 2026

Luxury cinema chain Everyman is set to ditch its London listing for a private markets platform, after facing heavy pressure from key shareholders. The London-headquartered group is set to join Asset Match’s Private Intermittent Securities and Capital Exchange System (Pisces) on 12 November, subject to shareholder approval on 30 October. The move would make Everyman [...]
As it happened: FTSE 100 rallies as oil falls back after Trump’s Iran war pledge

October 9, 2026

Welcome back to the City AM liveblog. Donald Trump has said the US has engaged in “productive discussions” with Iran and would refrain from attacking the country before the midterm elections, bringing relief to the oil market. It’s taken the price of Brent crude back slightly, though it has remained around $103 per barrel after [...]
As it happened: Oil surges after Trump says he doesn’t ‘really want’ Iran peace

October 8, 2026

Welcome back to City AM‘s FTSE 100 liveblog. The FTSE 100 has returned to the red after markets were hit by the spiking price of oil this week that led to a global bond sell-off. The UK’s 10-year gilt yield rose ten basis point yesterday before giving up some gains to settle seven basis points higher at [...]
As it happened: FTSE 100 slide as oil price jumps; Global bond yields higher

October 7, 2026

Welcome back to City AM‘s FTSE 100 liveblog. Global markets are swimming in the red as the price of oil trends higher following tensions in the Middle East offsetting a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday following intensified attacks on tankers in the [...]
Asos shares crater after ‘hackers’ threaten data leak

October 6, 2026

Asos shares have tumbled after customers were told the online fashion seller’s systems had been “fully compromised” by hackers. Users of the Asos app received a push notification on Tuesday morning titled “ASOS HACKED”, in an apparent attempt by the attackers to contact the company’s data protection and IT teams. Asos said on Tuesday afternoon [...]

Healey vows AI will not ‘leave workers behind’ in £600m Budget package

Royal Antwerp: Legal bid to torch football’s homegrown quotas suffers shock defeat

Ian McKellen flirts with Ncuti Gatwa in delightful Frank and Percy film – review

By: Felix Armstrong

All 172 Articles

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