Legal & General shares slide after profit disappoints March 11, 2026 Legal & General share price tumbled in early morning trading, after the asset management and insurance giant’s reshape was overshadowed by lower-than-expected profit. Shares fell 5.5 per cent to 244p on Wednesday, after core operating profit of £1.62bn fell short of analyst’s £1.65bn expectation, creating a “source of disappointment for investors”, despite it rising six [...]
Global energy body to release 400m oil barrels in emergency boost March 11, 2026 The global energy body has announced it will release a record 400 million barrels from emergency oil reserves in a bid to contain spiking prices. The International Energy Agency’s (IEA) executive director Faith Birol said on Wednesday the market “challenges we are facing are unprecedented in scale”. “IEA member countries have responded with an emergency [...]
Gym Group profit doubles as fitness firm flexes its muscles March 11, 2026 The Gym Group more than doubled its profit as it bulks up its low-cost fitness offering and opens new sites. The low-cost fitness group posted pre-tax profit of £10.6m in the year to December 2025, up 194 per cent from last year, as revenue nudged up eight per cent to £245m. London’s only listed gym [...]
Balfour Beatty shares soar as firm bets on UK energy and defence March 11, 2026 Balfour Beatty shares jumped after the construction firm posted surging profit as it doubles down on bets on UK energy, transport and defence infrastructure. Profit at the FTSE 250 firm grew 51 per cent to £323m in the year to December 2025, as revenue climbed 7.5 per cent to £10.8bn and its order book reached [...]
Robert Walters ditches dividend after swinging to loss March 11, 2026 Robert Walters has ditched its final dividend after the recruitment firm’s bottom line took a major hit amid a cautious global sentiment around hiring. Revenue at the London-listed firm fell 12 per cent to £781.1m over the 2025 financial year – a drop from £892.1m. The group reported an operating loss of £14.9m, reversing a [...]
FTSE 100 Live: Iran war ‘certainly not good’ for UK economy, says Rachel Reeves March 11, 2026 Welcome back to the City AM liveblog for continued coverage of a frenzied week in global markets. The Chancellor has told the Treasury select committee that the ongoing fallout from the Middle east is “certainly not good for the British economy”. Following the “most intense” day of fighting in the region – and just a [...]
The Debate: Should MP salaries be linked to GDP? March 11, 2026 As MPs receive an inflation-busting pay rise, we ask if it's time to better incentivise politicians by linking their salaries to growth.
Labour’s branding of ambition as ‘masculine’ is a disturbing revelation March 11, 2026 New Labour guidelines telling businesses to rid their job ads of 'masculine' terms like 'ambitious' is sending completely the wrong message.
Barclays and Aquis launch ‘IPO academy’ in bid to revive small-cap listings March 11, 2026 Aquis has teamed up with Barclays to launch an “IPO academy” in a bid to turn around the dwindling number of small-cap listings in the UK, City AM can reveal. The academy, which is the only programme of its kind run by an exchange in the UK, is intended as an investment in entrepreneurs and [...]
European fintechs ride the Trump train to Wall Street March 11, 2026 The new set of aspiring American dreamers are landing on the shores of the Atlantic. But these digital-first visionaries printed in venture capital green aren’t looking for a white picket fence. Instead, their sights are locked on a federal banking charter. Last week Europe’s most valuable fintech company Revolut became the latest in a boat-load [...]