Nato: Starmer’s defence spending pledge lagging behind March 26, 2026 Sir Keir Starmer’s pledge to upgrade the armed forces is facing renewed scrutiny after official Nato figures suggested that spending in defence was lagging ahead of a crucial expenditure target in 2027. Starmer said last year that the government would increase spending on defence to 2.6 per cent of GDP from 2027. But Nato, the [...]
AngloGold Ashanti Builds on Award-Winning Discovery, Advancing Arthur Gold Project in Nevada with First-Time 4.9Moz Mineral Reserve and Robust PFS Economics March 26, 2026 AngloGold Ashanti plc (“AngloGold Ashanti”, “AGA”, or the “Company”) is pleased to announce the Technical Report Summary for the Arthur Gold Project (“TRS”), showing a Tier One gold deposit with robust economics and strong potential for further growth in southern Nevada’s Beatty Mining District.1,2 With the completion of the pre-feasibility study, a first time Probable [...]
Is Rachel Reeves actually to blame for the ‘Truss crash’? March 26, 2026 After years of blaming the 'Truss crash' on tax cuts, Rachel Reeves has finally gestured to the real problem – her own instinct to overspend, writes Tom Harwood.
UK economy set for second lowest growth in G7 – OECD March 26, 2026 The UK economy is set to suffer the second lowest growth and second highest level of inflation in the G7, the OECD has predicted, in a damning set of forecast revisions for the Labour government and the Bank of England. Growth in the UK will slow to around 0.7 per cent, according to the OECD, [...]
FTSE 100 Live: OECD slashes UK growth prospects as inflation set to jump March 26, 2026 Good morning and welcome back to the City AM liveblog. The White House’s Press Secretary has said the US is “very close” to meeting its objectives in the Iran war, though offered no specific timeline on when the conflict could come to a close. But Iran’s foreign minister has said the country has “no intention [...]
Consumer confidence collapses as Iran war provokes inflation fears March 26, 2026 Brits’ confidence in the state of the economy has plummeted since the outbreak of war in Iran, as shoppers tighten their purse strings amid fears of sharp price rises. Consumer sentiment over the UK’s economy has fallen to its lowest level on record, down from -30 per cent to -53 per cent, according to trade [...]
Iran war throws gold’s shine under the spotlight March 25, 2026 The ongoing conflict in the Middle East has thrown gold’s safe haven status into question after the asset suffered a sharp selloff. The price of gold has tumbled by more than 15 per cent since the start of the Iran war, despite holding pre-war levels for the first initial 10 days of the conflict as [...]
Caxton extends losses as Iran war slams markets March 25, 2026 London based hedge fund Caxton Associates has extended its losses as the Middle Eastern conflict continues to impact global markets. The fund’s losses rose by more than $1.3bn (£971.1m), with its $9bn macro fund, which is run by chief executive Andrew Law, is down 15 per cent this month to 20 March, according to two [...]
London house prices drop again as market faces fresh headwinds March 25, 2026 House prices in London have fallen for the sixth consecutive month, as the capital’s property market continues to struggle compared to the rest of the country. The average house price in the capital fell by 1.7 per cent in the year to January, up from the 1.2 per cent year-on-year fall in December, according to [...]
Guinness Index: How much is a pint of the black stuff in your borough? March 25, 2026 While the ONS has added hummus and dog grooming to its sample shopping basket in a bid to move with the times when tracking inflation – City AM prefers a cooler metric: the Guinness Index. Nothing encapsulates British consumer habits like Guinness’ meteoric rise: taking stout from the preserve of grey-haired aficionados to an ever-present [...]