FTSE 100 Live: Stocks drop as oil holds firm over $110; UK growth slashed April 29, 2026 Good morning and welcome back to the City AM liveblog. Oil prices are holding firm tipping over the $110 mark, bringing the cost of a barrel closer to the highs of $118 it peaked at earlier in the Iran war. Brent crude – the international benchmark for oil – advanced another one per cent on [...]
Business leaders, I beseech you, join the government and steer the ship of state April 29, 2026 Business leaders embody the antithesis of what the government machine has become, which is why it needs them, writes Ameer Kotecha.
John Caudwell: Mentoring isn’t a nice-to-have, it’s an economic imperative April 29, 2026 Mentoring young people is early-stage investment in human capital , and the results are clear, writes John Caudwell.
Sadiq Khan’s ideological aversion to profit is blocking London housebuilding April 29, 2026 Just as measures to stimulate the housebuilding sector are being warmly received, Sadiq Khan is undermining efforts with talk of rent caps, writes Andrew Teacher.
West Brom shock at 24-hour verdict while Manchester City case drags on April 29, 2026 West Bromwich Albion have been left shocked at how swiftly the judgement was reached in the EFL Profit and Sustainability case that cost them a points deduction. Last week it was announced that the Championship club would be docked two points for a breach of spending rules. The two-day hearing concluded on Thursday evening, and [...]
AI could trigger a PPI level scandal in ‘two weeks’ April 29, 2026 A multi-billion pound scandal like PPI could happen within just “two weeks” as UK finance firms plough ahead with deploying AI despite uncertainty around governance standards, a fresh report has claimed. The UK’s financial services sector faces a “capability gap” when deploying AI, according to a report from regulatory compliance firm Zango. The research pulled [...]
UK set to suffer £35bn hit from Iran war as growth downgraded again April 29, 2026 The UK risks finding itself on the brink of recession as a result of the Iran war, a leading economics think tank has warned, as the potential damage to Rachel Reeves’ fiscal headroom and the threat of interest rates hikes has been laid bare in a new report. In what will come as dire reading [...]
NBA and EuroLeague hold ‘constructive’ talks over NBA Europe cooperation April 28, 2026 The NBA and EuroLeague have held fresh talks aimed at finding a solution to their stand-off over the US giant’s plans to launch a European basketball league next year. No deal has been struck but the meeting, held in Switzerland today, is being seen as a step towards a peace deal that would pave the [...]
Airtel eyes fintech IPO spin off in $10bn boost for London market April 28, 2026 British telecommunications giant Airtel is mulling listing its mobile money business on the London Stock Market in what could be one of the largest public debuts on a European exchange in years. Airtel Money – a digital commerce service that allows users to store money, transfer funds and buy mobile data – is said to [...]
Housing stocks drag on FTSE as inflation woes build into Bank of England interest rates call April 28, 2026 Fears about the impact of interest rates on the UK’s struggling economy echoed around the City into this week’s set-piece interest rate meeting at the Bank of England. A trio of Tuesday trading updates from London-listed firms with direct exposure to the housing market revealed rising costs. The insight reverberated across an industry which depends on affordable mortgages [...]