FTSE 100 Live: Stocks jump; oil dips below $100 as Trump says Iran deal close May 6, 2026 Good morning and welcome back to the City AM liveblog. Brent crude dipped below $100 at Wednesday lunchtime after Donald Trump has hailed “great progress” towards a “final agreement” with Iran, prompting a rally in the FTSE, Asian markets and Wall Street. In a sudden reversal late last night, President Trump said he will pause [...]
Bournemouth: Vitality Stadium expansion setback hits European plans May 6, 2026 Bournemouth’s plans to redevelop the Vitality Stadium ahead of a potential first season in Europe have been hit by delays. In what has been a remarkable season, it is still on the cards for the south coast club to qualify for the Champions League. They sit sixth in the Premier League, which will earn a [...]
Gilt traders fear Labour electoral losses May 4, 2026 A widespread defeat for Labour in Thursday’s regional elections could trigger a “swing to the left politically” investors have warned, putting further pressure on government borrowing costs that are already at their highest levels since the financial crisis. Polling has suggested Labour is set to lose over 1,000 seats to other parties, including leftwing Green [...]
Greene King selling 150 pubs over ‘unprecedented costs’, boss says May 4, 2026 Greene King’s decision to put 150 pubs up for sale was a reaction to the “unprecedented” costs facing hospitality, its boss has said. The pub chain, one of the UK’s largest, revealed plans to put as many as 150 pubs on the chopping block in March and chief executive Nick Mackenzie told City AM this [...]
UK to join EU Ukraine loan talks in defence push May 3, 2026 The UK is set to begin negotiations to join the European Union’s €90bn (£78bn) loan scheme for Ukraine, as Keir Starmer steps up efforts to deepen defence cooperation with European allies. Speaking ahead of a summit of the European Political Community (EPC) in Yerevan, Armenia, the prime minister is expected to signal Britain’s intention to [...]
Why we can’t just dismiss Infantino’s sports diplomacy with Trump May 3, 2026 Former FCDO special adviser, Flint Global’s Alan Sendorek, discusses the sport diplomacy playing out with Fifa’s Infantino and Trump at its centre. Gianni Infantino’s efforts to cultivate a visibly warm relationship with Donald Trump have been mocked in many quarters. From the award of the inaugural Fifa Peace Prize to hailing the President as ‘my [...]
BP eyes North Sea exit as tax load bites May 2, 2026 BP is reportedly eyeing a potential exit from the North Sea as the tax load on energy companies seems unlikely to be eased with the Iran war. The UK oil giant is considering either ceasing or partially winding down operations in the North Sea, according to Bloomberg, as part of an effort to strip assets [...]
Bond market alert: Burnham and Streeting turn up leader rumours May 2, 2026 Bond markets are on alert as fresh reports have suggested that Manchester mayor Andy Burnham and health secretary Wes Streeting are preparing leadership bids. City bank and analysts at the likes of Deutsche Bank and Jefferies have flagged the risks of a change in leadership and the potential for looser fiscal rules. Deutsche Bank’s Sanjay [...]
Claire’s Accessories to launch UK high street comeback May 1, 2026 Collapsed jewellery chain Claire’s Accessories will return to British high streets next month after its stores were shuttered only days ago, according to reports. The budget accessories retailer is set to launch 50 new stores on UK high streets, in a comeback staged by the owner of its European stores. Claire’s shut its remaining stores [...]
Sabastian Sawe and the need for clean sporting heroes we can believe in April 30, 2026 Trust in performances like Sabastian Sawe’s at the London Marathon is the cornerstone of sport’s success, writes Ed Warner. The modern sports economy is anchored in belief: belief that the successes we celebrate are genuine, hard-earned, and comparable across eras. Without this belief records lose meaning, fans become disillusioned, sponsors turn tail and there is [...]