As it happened: US stocks make gains ahead of Trump-Xi summit September 21, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index made gains on Monday morning, turning a corner from heavy losses on Friday. Miners and industrial stocks like Anglo American, Antofagasta and Metlen Energy and Metals were among the FTSE 100’s biggest risers on Monday morning. BP and Shell dragged on the index, [...]
Motorway eyes first profit as Premier League deal grows customer base September 16, 2026 Motorway is on the cusp of turning its first profit a decade after launch, as the used car marketplace looks to the Premier League to expand its customer base. The tech firm’s co-founder and chief executive, Tom Leathes, said he expects to hit profitability as soon as 2026 after years of consecutive eight-figure losses as [...]
Andrew Bailey: Latest AI advances are an ‘OMG moment’ for cyber crime September 15, 2026 The latest advances in frontier AI are an “OMG moment” and countries need to “arm themselves”, Andrew Bailey has said, as he highlighted the new threat of financial crime posed by the technology. Speaking at the annual City of London Police Authority Board dinner at the Merchant Taylor’s Hall on Monday, the Bank of England [...]
Power Probe boss still ‘enjoying the ride’ after stock slump since Aim debut September 15, 2026 The boss of one of Aim’s newest constituents has insisted he is still “enjoying the ride” after the stock’s slump in the months following its London IPO. Power Probe, which is based in North Carolina and develops power tools for car mechanics, debuted on the junior Aim market in December 2025, one of only a [...]
Claridge’s swings to £10m loss as luxury hotel warns on ‘adverse impact’ of tax hikes September 11, 2026 Claridge’s has suffered a loss of just under £10m as the iconic London business warned government tax hikes were taking their toll. The five-star Mayfair hotel, which opened its doors in 1898 before expanding via a five storey ‘mega basement’ in 2021, recorded a loss after tax of £9.7m for 2025, reversing a £2m profit [...]
Surge in borrowing costs could force Healey to deliver ‘emergency Budget’ September 10, 2026 Surging government bond yields could force John Healey to deliver an “emergency Budget” in which the UK’s new Chancellor drives through a wave of spending cuts in a bid to bear down on Britain’s ballooning debt pile. UK gilt yields have this week surged to the highest rates seen in decades amid rising uncertainty over [...]
Panini sales tumble after sticker maker loses Premier League licence September 10, 2026 Collectable stickers maker Panini has seen its sales tumble in the UK following the loss of a major Premier League licence. The Italian company’s UK subsidiary recorded a more than 20 per cent drop in turnover to £43.3m in 2025, according to accounts seen by City AM. The 65-year-old firm, which has had a partnership [...]
Barclays faces legal scrutiny over role in £90m ‘Ponzi scheme within a Ponzi scheme’ September 10, 2026 Barclays could be on the hook for as much as £37m over its role in a collapsed ‘Ponzi scheme’ after failing to dismiss claims brought by the company’s liquidators. The FTSE 100 finance giant provided banking services to a company called Denaro from 2013 until its demise a decade later, at which point it faced [...]
Nigel Farage has never been far from danger his entire career September 10, 2026 Cast your eye over Nigel Farage’s CV and you realise he is a man who never seems far from danger. At the start of his career in 1982 he joined the notorious US investment bank Drexel as a commodities trader. Drexel would collapse eight years later after its senior executive, Michael Milken, was sent to [...]
Pisces’ first birthday was an intimate affair September 10, 2026 The faint pop of a champagne bottle was heard in the Square Mile a few days ago, marking the first anniversary of the LSE getting a licence for Pisces – the private securities venue providing liquidity to fast-growing firms. As celebrations go, it was an intimate affair. Over the past year, just three businesses have [...]
