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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 148 Articles
  • As it happened: FTSE 100 inche up as oil holds gains; Healey says UK paying ‘Truss penalty’

    FTSE 100 Live

    Welcome back to the City AM liveblog. Markets are returning from the weekend to weigh up the latest round of rising tensions in the Middle East after the US and Iran have continued to exchange strikes stoking fears of a hit to global oil supply. Brent crude – the international benchmark for oil prices – [...]

    A smiling man in a dark suit and red tie looking slightly upwards, against a plain background.
  • As it happened: Vodafone leads FTSE 100 rally after TV launch; oil jumps again

    FTSE 100 Live

    Welcome back to the City AM liveblog. Telecoms giants Vodafone and Airtel Africa led a FTSE 100 rally on Thursday afternoon. Investors brushed off early losses caused by the steep sell-off in the the bond market. Two-year gilt yields, which gauges short term interest rate expectations, have jumped over 4.5 per cent, pushing up borrowing [...]

    Vodafone and Three company logos on a red and white sign outside a modern glass building
  • As it happened: FTSE 100 drops; bonds sell-off cools but oil holds firm

    FTSE 100 Live

    Welcome back to the City AM liveblog. The FTSE 100 fell again on Wednesday as oil prices rose higher for the third consecutive session and keeping pressure on global markets. Brent crude – the international benchmark for oil prices – held around the $95 per barrel mark, securing it highest level since mid-July. It follows [...]

    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • As it happened: FTSE 100 slides as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

    September 1, 2026

    Welcome back to the City AM liveblog. The London market is returning from the Bank Holiday break to a fall as tensions in the Middle East are simmering over again leading to the price of oil moving higher. Brent crude – the international benchmark for oil prices – climbed over $91 per barrel on Tuesday, [...]

  • ‘Big hitter’ Baldock readies Boots makeover

    August 31, 2026

    As workers across the City return to their desks after the summer holidays, one executive is starting somewhere new. Alex Baldock, the former boss of Currys, will take his place as chief executive of health and beauty retailer Boots on Tuesday, City AM understands. The group, one of the UK’s biggest and best-known retailers, has [...]

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

    August 20, 2026

    Welcome back to the City AM liveblog. The FTSE 100 has slipped to a week low on Thursday, as JD Sports dragged on the index after warning on profit. The blue-chip index fell to 10,693 around midday, marking a 0.46 per cent drop on Wednesday’s close and a 0.7 per cent fall in the week [...]

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

    August 19, 2026

    Welcome back to the City AM liveblog. The FTSE 100 is falling on Wednesday as oil prices continue their march upwards and investors digest a jump in inflation. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading [...]

  • As it happened: FTSE 100 mixed; oil breaks $91 as Trump rules out new US-Iran ceasefire

    August 18, 2026

    Welcome back to the City AM liveblog. Oil prices are marching higher after Donald Trump refused to extend the ceasefire between the US and Iran following its expiration on Monday. Brent crude – the international benchmark for oil prices – broke above $91 per barrel as tensions persisted over the Strait of Hormuz and a [...]

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

    August 17, 2026

    Welcome back to the City AM liveblog. Oil prices have edged back up to more than $89 per barrel after the war of words between the US and Iran over the Strait of Hormuz continued over the weekend. Donald Trump has threatened to seize the narrow waterway and make it a US territory, marking a [...]

  • As it happened: FTSE 100 drops as Antofagasta prompts miner sell-off; oil prices cool

    August 13, 2026

    Welcome back to City AM liveblog. The FTSE 100 dropped on Thursday morning, as the mining sector dragged on the blue-chip index. Antofagasta has fallen furthest, by nearly five per cent, after investors pounced on a production shortfall and cut to full-year guidance disclosed in its update this morning. This spook has weighed on the [...]

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