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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 134 Articles
  • FTSE 100 Live: Dollar dips amid Trump oil threats; motor finance decision expected

    March 30, 2026

    Good morning and welcome back to the City AM liveblog. In a fresh escalation of the conflict in the Middle East, Donald Trump has said that he wants to “take the oil in Iran”, with the US dollar taking a hit this morning. In an interview with the Financial Times, the US President said that [...]

  • Diageo subsidiary pockets £1.3bn from sale of Indian cricket team

    March 25, 2026

    A subsidiary of Diageo has pocketed £1.3bn from the sale of its Indian cricket team as the drinks giant divests assets to focus on its core business. The FTSE 100 firm acquired Indian team Royal Challengers just over a decade ago as part of its acquisition of a majority stake in United Spirits, an Indian [...]

  • FTSE 100 Live: Stocks dip; Reeves give energy update as oil prices jump

    March 24, 2026

    Good morning and welcome back to the City AM liveblog. Oil is back on the rise this morning following a series of mixed messages on Monday that brought forward a day of whiplash for global markets. The trading session started with nosedives into the red as markets digested President Trump’s 48 hour ultimatum on Iran, [...]

  • FCA launches investigation into collapsed shadow bank MFS

    March 20, 2026

    The UK’s financial watchdog has begun a probe into shadow bank Market Financial Solutions following its collapse last month. The Financial Conduct Authority (FCA) said it had opened an enforcement investigation into the business. The regulator did not disclose the subject or terms of the investigation. The FCA said MFS is an “Annex 1 business”, [...]

  • FTSE 100 Live: Gilt yields soar, Bank of England rate hike fears grow, Wetherspoon shares tumble

    March 20, 2026

    Good morning from the City AM liveblog team. Stocks made gains on Friday morning after a statement from Israeli leader Benjamin Netanyahu that he could see “this war ending a lot faster than people think” reassured markets that conflict in the Middle East could soon recede. The remarks follow further missile strikes by the US [...]

  • Shepherd Neame braces for energy price shock as Iran war drives up costs

    March 18, 2026

    Shepherd Neame has become the latest pub company to express concern over the spectre of rising energy costs after the war in Iran sent the price of oil soaring. The Kent-based brewer, pub and hotel group, which is listed on the Aquis stock exchange, said its energy was “heavily hedged” into the next financial year [...]

  • FTSE 100 Live: Stocks inch up; Gas prices surge after drone attacks

    March 17, 2026

    Good morning and welcome back to the City AM liveblog. The FTSE 100 closed up 0.5 per cent yesterday, settling at 10,317.69p led by a three per cent jump in Endeavour Mining. It came as global markets were brought some reprieve from declining oil prices. The price of Brent crude, the international benchmark for oil [...]

  • Estee Lauder sues Jo Malone

    March 12, 2026

    Beauty giant Estee Lauder has launched legal action against perfumer Jo Willcox (nee Malone) over her new perfume brand with Zara. Estee Lauder bought Malone’s self-named perfume brand and naming rights ⁠in 1999 for ‘undisclosed millions’. She stayed on as creative director until 2006, when she left her eponymous perfume brand. After a five-year legal [...]

  • FTSE 100 Live: Iran war ‘certainly not good’ for UK economy, says Rachel Reeves

    March 11, 2026

    Welcome back to the City AM liveblog for continued coverage of a frenzied week in global markets. The Chancellor has told the Treasury select committee that the ongoing fallout from the Middle east is “certainly not good for the British economy”. Following the “most intense” day of fighting in the region – and just a [...]

  • FTSE 100 Live: Stocks jittery amid oil tensions; Khan woos Anthropic AI

    March 6, 2026

    Good morning and welcome back to the City AM liveblog. Inflation fears have dominated the week and as for the time being, they don’t look to be heading anywhere. The FTSE 100 ended Thursday’s session slipping 1.5 per cent to 10,413.94p as markets battled renewed fears of an energy crisis. Brent crude futures – the international [...]

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