FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade April 13, 2026 Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]
Firms slash jobs at fastest pace this year and pay growth slows April 13, 2026 Businesses slashed jobs at the fastest pace in 2026 as employers also resisted giving staff big pay increases over March, research has suggested, exposing the Iran war’s damaging effects on all sides of the UK economy. Research by the Recruitment and Employment Confederation (REC) and KPMG said there was a steeper rise in the number [...]
AI security officials test Anthropic cyber threat as Bank of England to convene chiefs April 11, 2026 AI minister Kanishka Narayan has said that Anthropic’s new cyber model was the most powerful seen yet as finance chiefs from the Bank of England and Treasury are set to meet next week to discuss the threats posed to the financial sector. Narayan revealed that Claude Mythos, a new model that was held back from [...]
Middle East expats rush back to London, luxury property rents spike April 10, 2026 An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency. British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]
Investec Champions Cup needs two-legged quarter-finals. Here’s why April 10, 2026 It occurred to me, while watching predominantly dominant performances from home teams in the round of 16 last weekend, that the Investec Champions Cup needs two-legged quarter-finals. It was a little depressing to watch a depleted Leicester Tigers side who had won just one match in the group phase get smashed by defending champions Bordeaux [...]
Iran crisis has exposed the folly of net zero April 10, 2026 While net zero is an incredibly important economic and sustainability goal, long-term, idealistic agendas like these just cannot come at the expense of short-term economic health – especially when our country is already so frail, says Issac Goldring This week in a rare case of diplomatic nous, President Trump chose relative peace over Armageddon. Remarkably [...]
Panmure Liberum: Netherlands will win first Fifa World Cup April 9, 2026 Investment bank Panmure Liberum has predicted the Netherlands will win their first World Cup this summer having correctly forecast the previous three winners. In a note published on Thursday, author Joachim Klement said that the Netherlands under Ronald Koeman will lift the iconic gold trophy in New Jersey this summer. He correctly predicted Germany to [...]
Why is phone signal so bad in London? Planning, of course April 9, 2026 Outdated planning laws that mean that dictate a pointless three-antenna limit on every phone mast are holding back progress, says Maxwell Marlow You may not believe it, but you can get a better signal at the top of Machu Picchu than you can standing outside of the Bank of England. I believe it. I was [...]
Mood has shifted on housing market as rates rattle demand April 9, 2026 High mortgage rates are unlikely to deflate immediately even if the Iran ceasefire holds, property experts have warned, as rising rates stifle demand for houses. The number of Brits enquiring to buy a new home fell even further in March, down from negative 29 per cent in February to minus 39 per cent last month, [...]
Bank of England: Interest rate hike predictions cool as trader sentiment resets April 8, 2026 Fears of several interest rate hikes being made have eased as traders raved at the news of a ceasefire in the Middle East. Markets are now pricing in just one interest rate hike as the two-year gilt yield dropped to 4.1 per cent. The current interest rate is set at 3.75 per cent by the [...]