FTSE 100 Live: Gas price surge after LNG halt, stocks slide amid Iran conflict March 2, 2026 Good morning and welcome to the City AM liveblog. Global markets were in store for another dose of risk to kick off the new week after tensions in the Middle East reached a boiling point over the weekend. The cost of a barrel of brent crude – the international benchmark for oil prices – climbed [...]
Female entrepreneurs favour human connection as many see isolation a challenge February 27, 2026 Female founders and entrepreneurs have highlighted human connection as critical in building their business, as many still feel the challenge of isolation and loneliness. Nearly 80 per cent of female entrepreneurs identified human connection as significant to their livelihood, a new study from Female Founders Rise has found. Respondents highlighted the significant need for community [...]
Top Barclays executive to take the helm at UK banking watchdog February 27, 2026 A senior Barclays executive and former Treasury official has been appointed as the chief supervisor for British banks and insurers, reinforcing the government’s drive to ease regulations brought in after the 2008 financial crisis. Katharine Braddick, head of strategic policy at Barclays and senior adviser to the chief executive, will succeed Sam Woods as the [...]
Small business minister: we will unlock £1bn of local lending February 25, 2026 Community Development Finance gives small local business the funding and confidence they need to grow. That’s why this Labour government is launching a taskforce to expand the sector, say Blair McDougall and Bob Annibale The UK has long been home to an entrepreneurial spirit of creativity and innovation, from household names to neighbourhood heroes. Despite [...]
Ticketmaster lobbies for UK resale price cap as critics warn of market squeeze February 25, 2026 Ticketmaster and its parent company, Live Nation, have been lobbying in favour of the UK government’s proposed cap on ticket resale prices, City AM understands, as ministers prepare legislation aimed at curbing ticket touting. The Department for Business and Trade (DBT) is considering limiting resale prices to between zero and 30 per cent above face [...]
‘Vulnerable’ Lloyds and Barclays shares dip as tariff turmoil hits FTSE 100 February 24, 2026 Lloyds and Barclays shares tumbled into the red this morning as “vulnerable” City banking stocks got caught in the FTSE 100’s tariff turmoil. The FTSE 350 bank index tumbled over one per cent at open to 8,184.62 as lenders were struck with volatility at the opening bell. Barclays led the slump at over two per [...]
Revolut: Inside Nik Storonsky’s $75bn fintech empire still waiting for its crown February 24, 2026 In Revolut’s shiny new Canary Wharf headquarters, the command ‘Get Sh*t Done’ is bolted onto the walls. The unconventional office mantra is a stark reminder of co-founder Nik Storonsky’s acerbic, straight-talking manner that has kept the gas pumping at the UK’s most valuable fintech since it opened for business in 2015. “Whenever a target is set, [...]
‘Trust me’: Jamie Dimon to defend JP Morgan’s $2bn-a-week bill February 23, 2026 Jamie Dimon is set to defend JP Morgan’s $2bn-a-week cost bill today as analysts and shareholders gather for the banking giant’s annual investor day. The bank chief – generally considered to be the world’s most influential banker – unveiled higher-than-expected plans for 2026 spend at the beginning of the year. JP Morgan told markets spending [...]
Capitolis to Acquire 20 Gates Management’s U.S. Secured Financing Platform to Expand its Capital Marketplace February 20, 2026 Strategic acquisition enables Capitolis to deliver U.S. secured financing through its Capital Marketplace, broadens client base, and adds veteran industry talent
Global Counsel to be placed into administration February 19, 2026 Global Counsel’s 130 staff have been informed that the lobbying company founded by Peter Mandelson will be placed into administration as soon as tomorrow. City AM understands that despite a number of clients deciding to stay with the firm, the loss of business following the former US ambassador’s fall from grace has been substantial. A [...]