What are we to make of John Healey? Time will tell. August 4, 2026 Who exactly is in charge of this government’s economic policy? In a bid to find out, I’ve tasked two of our journalists to hit the phones, mooch around the bars of Whitehall and track down Westminster’s new power brokers. I’ll let you know what we find out, but he fact that the answer to this [...]
Trump suspends strikes amid new peace hopes August 2, 2026 President Trump has said the “perimeters of a deal” have been agreed with Iran, prompting him to call off strikes in the Middle East. The US president said that Iran and Gulf region countries had “asked” the US to suspend strikes due to the workings of a new peace deal. In a Truth Social post, [...]
AngloGold Ashanti Q2 30 June 2026 Earnings Release and Dividend Declaration July 31, 2026 Q2 2026 EBITDA*(5) +46% to $2.0bn • Q2 2026 free cash flow* +36% to $727m • YTD free cash flow* $1.9bn • Q2 2026 interim dividend of $364m, or 72 cps • Proposed $2.0bn share repurchase programme approved • Net cash*(5) of $991m after debt buyback
Fifa refuses to back down on World Cup sell-off in face of European boycott July 31, 2026 Fifa has refused to abandon its plans to sell off stakes in a new $20bn commercial vehicle despite all Uefa nations vowing to boycott future World Cups if it proceeds. All 55 European nations in Uefa, including England’s Football Association, yesterday voted to support a boycott of all Fifa tournaments in protest at the divisive [...]
House prices slump as Iran war and interest rates hit demand July 31, 2026 House prices slumped in July after the Iran war and higher interest rates squeezed demand and triggered a slowdown in sales. Annual house price growth slowed to 1.8 last month, down from 2.2 per cent the prior month. Month on month, average house prices remained broadly flat, rising by just £58 to reach £277,542, up [...]
As it happened: Stocks reach new record as investors shrug off Iran war fears July 31, 2026 Welcome back to the City AM liveblog. It’s Friday morning and the FTSE 100 has opened into the green, following two consecutive days of record gains for the blue-chip index. London’s blue-chip index was up as high as 0.7 per cent in early trading to 10,971.88p, “The FTSE 100 tested new record highs on Friday morning as [...]
Uefa blocks Fifa’s World Cup sell-off if it stands up to Infantino again July 30, 2026 If Gianni Infantino’s plan to carve out the commercial rights to Fifa events including the World Cup is to be nipped in the bud, the rearguard action will – as it has in the recent past with similar power grabs – likely have to be led by Uefa. Here’s why. Uefa has repeatedly shown itself [...]
Bank of England holds interest rates but warns of rises to come July 30, 2026 The Bank of England has opted to hold interest rates at 3.75 per cent after the UK economy surprised economists with better results for inflation – though policymakers warned that “policy strategy could change” ahead of a difficult second half of the year for price stability. The Monetary Policy Committee (MPC) held interest rates in [...]
As it happened: FTSE 100 hits new high after interest rates held July 30, 2026 Welcome back to the City AM liveblog. The Bank of England has held interest rates at 3.75 per cent in a 6-3 split. The City had pencilled in a hawkish hold from the Monetary Policy Committee after inflationary pressures were renewed on the latest round of strikes in the Middle East. Megan Greene, Catherine Mann and [...]
Andy Burnham pledges ‘cost £63bn’ – and tax ideas could backfire July 30, 2026 A series of tax cuts and spending pledges proposed by Andy Burnham and John Healey could cost the government up to £63bn by 2030, new analysis has shown. Promises on defence, social care and council housebuilding could leave the Chancellor facing a bill of between £46bn and £63bn by the end of the decade, which [...]