FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance May 7, 2026 Good morning and welcome back to the City AM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
City law firms put US partner promotions in the spotlight May 7, 2026 As law firms increasingly shift their focus to the US there has been a surge in partner promos across the Atlantic – while London is becoming more selective, writes Maria Ward-Brennan. It’s that time of year when my inbox gets flooded with press releases and Companies House notifications about partner promotions at the City’s finest [...]
However London votes today, not enough will change May 7, 2026 Whether Labour, Tory, Lib Dem, Greens, or Reform – all local politicians are all incentivised by the system that elects them. Every party promises to protect “green spaces”, all councillors perform lip service towards supporting affordable homes, while campaigning vociferously against what they arbitrarily determine to be “inappropriate development”, says Tom Harwood While London (and [...]
Time to network the rail May 7, 2026 Five London stations are being redeveloped – let’s combine these projects to get London’s growth back on track, says Peter Hogg Railway stations define London. From the first family trip out of Euston to the countryside, to passing through the market at King’s Cross, for many Londoners they are as integral to life here as [...]
How are prediction markets like Polymarket more accurate than Wall Street analysts? May 7, 2026 Prediction markets like Polymarket are more accurate than Wall Street analysts in forecasting corporate earnings, but it's not for the reason you think.
Cornish Pirates announce US investment into Champ Rugby team May 7, 2026 US investors have taken a stake in Champ Rugby club Cornish Pirates as English ovalball continues to be seen as an attractive asset class. The Cornish Pirates, who play their home games at Mennaye Field in Penzance, have become the first known English rugby union club to onboard major American investors. J. Kenneth Moritz and [...]
Local elections 2026: City awaits ‘significant’ event for Labour leadership May 7, 2026 City giants have warned today’s local elections will be “significant” for market pricing, with traders keeping a close eye on possible leadership moves made by the likes of Angela Rayner and Andy Burnham. Several financial behemoths have lined up to warn investors that results across the country over the coming days could be unusually important [...]
Revealed: The 2026 City AM Awards Winners May 7, 2026 Around 500 guests enjoyed a night of celebration at London’s Guildhall on Wednesday 6 May where the winners of the 2026 City AM Awards were crowned. From 60 finalists across 12 categories, the judges chose their champions. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of [...]
Divorce costs hit finances beyond lawyer fees, says Octopus legal group May 6, 2026 Divorce costs are financially draining for separating couples in the UK beyond just legal fees, according to a new report from Octopus-owned legal service, Amicable. The report, which surveyed 2,000 UK adults who have either divorced, separated, or dissolved a civil partnership over the last 10 years, found that almost 40 per cent said their [...]
The Square Mile rooftop bar you’ve probably never tried May 6, 2026 Ahead of the Toast the City 2026 Awards, we meet the venues to put on your radar this spring Have you made time for Madison, sipped at Sabine and quaffed at Coq d’Argent? Then it’s time to try another of the Square Mile’s fabulous rooftop bars you probably haven’t heard of. Florattica is on the [...]