Barclays joins run of mortgage rate hikes in blow to borrowers March 9, 2026 Barclays has become the latest in a flurry of mortgage lenders to hike their rates amid mounting fears the Bank of England will keep the base interest rates higher for longer following the war in the Middle East. The blue-chip banking giant has slapped a 0.1 per cent increase on rates on a selection of [...]
Axel Springer strikes £575m deal to buy Telegraph titles March 6, 2026 German media giant Axel Springer has agreed a £575m deal to acquire Telegraph Media Group, ending years of uncertainty over the future ownership of one of Britain’s most influential newspaper publishers. The all-cash agreement will see the Berlin-based publisher – which owns Politico, Business Insider, Bild and Die Welt – take control of the Daily [...]
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 [...]
Women Who Scale unveils speaker line up for April Scale summit March 5, 2026 The female founder initiative Women Who Scale has announced its speaker lineup for its sessions at the Scale Expo and Summit in April. The summit will take place at London’s Business Design Centre on 22 and 23 April, in partnership with City AM. The Women Who Scale initiative brings together the UK’s most influential female [...]
Barclays set to cash in on market frenzy amid Middle East crisis March 5, 2026 Barclays and its UK banking peers could be set for a cash boost from the brewing crisis in the Middle East as investors quickly dump equities and fears of an inflation spike spread. FTSE 100 giant Barclays has been noted as uniquely shielded by analysts due to its mammoth market divisions. Jefferies analysts said the [...]
City watchdog plots streamlined motor finance scheme after backlash March 4, 2026 The UK’s financial watchdog is looking to “streamline” its long-anticipated motor finance compensation scheme following widespread backlash across the industry. The Financial Conduct Authority (FCA) provided a fresh update to markets on Wednesday, stating it was considering over 1,000 responses to its proposals for the industry-wide redress scheme. It added “if” it was to proceed [...]
Williams F1 ‘competing with top 50 teams in sport’, says Kenyon March 4, 2026 Atlassian Williams F1 Team advisor Peter Kenyon on selling commercial deals in football and Formula 1, and why the historic outfit’s revival will be tech-driven. Peter Kenyon is a man who knows a thing or two about commercialising sports teams. One of the architects of Manchester United’s development into a sponsorship powerhouse, he then helped turn [...]
Meet Reeves’ outsider tasked with steering the City to growth March 3, 2026 The City has rolled out the red carpet for the banking watchdog’s new chief after Katharine Braddick, a seasoned veteran of the financial trenches, was named on Friday as the successor to Sam Woods. For a cool £314,000 a year, she’s set to take on the brief of steering the UK’s banking sector. Chancellor Rachel [...]
Reeves to deliver ‘stability’ Spring Statement amid turmoil in Iran March 3, 2026 Chancellor Rachel Reeves is set to deliver a Spring Statement trumpeting the UK’s economic stability against the backdrop of a war in the Middle East, with official forecasts expected to touch on lower growth, falling inflation and higher unemployment over the coming months. In an address to the House of Commons around 12.30pm today, Reeves [...]
Dow Jones slides as FTSE 100 extends losses amid Iran strikes March 2, 2026 Wall Street joined Europe as markets opened on Monday with losses spread across the board as tensions escalated across the Middle East. The Dow Jones dropped nearly one per cent on open to 48,534.58 whilst the S&P 500 shed around 0.7 per cent to 6,828.47. The tech-heavy Nasdaq tumbled 0.7 per cent to 22,505.32. In [...]