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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 150 Articles
  • 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 [...]

  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

    August 12, 2026

    Welcome back to City AM liveblog. Oil prices broke above $89 per barrel on Wednesday morning, notching the sixth consecutive sessions amid mixed signals around a potential deal between the US and Iran. The regime in Iran has said that the United States must end the war before they loosen their grip on the Strait of [...]

  • As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran

    August 11, 2026

    Welcome back to the City AM liveblog. Oil prices are marching higher for the fourth consecutive session, supported by new uncertainty between the US and Iran and continued agitation over the reopening of the Strait of Hormuz. Brent crude – the international benchmark for oil prices – was holding above $87 per barrel on Tuesday [...]

  • As it happened: Intel, Arm shares slide; Oil climbs higher

    August 10, 2026

    Welcome back to the City AM liveblog. Oil is starting the new week higher and making its third consecutive session for gains after optimism for a peace deal between the US and Iran stalled over the weekend and uncertainty around the Strait of Hormuz persisted. Donald Trump has said the US is “low-keying it” with Iran, [...]

  • As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks

    August 3, 2026

    Welcome back to the City AM liveblog. The London stock market is starting the new week relatively mixed after Donald Trump hinted a deal between US and Iran on the Strait of Hormuz is near, but was contradicted by communication from Tehran. The US President has said that Saudi Arabia, the UAE, Qatar and Iran [...]

  • Burnham and Healey face investor fury over summer of tax speculation

    July 27, 2026

    Andy Burnham and John Healey are contending with a growing backlash from investors after another summer of tax speculation looks set to leave financial managers on edge.  The chief executive of one of the UK’s biggest investment platforms, AJ Bell, urged Chancellor Healey to take a more emphatic approach on ruling out tax hikes across [...]

  • Unfunded Digital ID will not free up new cash for Burnham’s cost of living plans

    July 21, 2026

    Andy Burnham is facing criticism from his own backbenches after claiming he would fund his cost of living plans by scrapping Labour’s digital ID scheme – despite the policy being unfunded at the last budget. In his first major policy announcement as prime minister, Burnham revealed today he would remove VAT from domestic electricity bills [...]

  • Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act

    July 16, 2026

    Foxtons shares have tumbled after the firm said it took a knock of as much as £3m from the introduction of the Renters’ Rights Act, amid a sharp uptick in tenancy terminations. The Act abolished fixed tenancy terms and increased tenant flexibility to terminate tenancies, sparking “elevated levels of tenancy terminations.” Foxtons, which also bemoaned [...]

  • As it happened: Stocks drop on Trump-Iran warning; Mahmood tipped to be chancellor

    July 16, 2026

    Welcome back to the City AM liveblog. The UK has received fresh economic growth data this morning which has put GDP expansion at a sluggish 0.1 per cent for the month of May. The services sector – which contributes more than 80 per cent of total economic output – grew 0.3 per cent against steep [...]

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