FTSE 100 Live: Stocks to fall as Strait of Hormuz comes under threat FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Oil is treading this morning as tensions in the Middle East offset a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday morning following intensified attacks on tankers in the Strait of Hormuz in recent days. The UK [...]
Labour’s band-aid won’t save the justice system from collapse Legal When the buildings designed to deliver justice are infested with rats, it is no surprise that the system itself is rotting from the inside out, writes Maria Ward-Brennan. The terrible state of the justice system is by now well understood, but with the government’s most controversial plan to relive the pressure now partially scrapped, the [...]
Dutch consulting disruptor takes aim at City’s ‘five-to-one’ markup Advisory Sweav, a Dutch-founded freelance consulting platform, is launching in the UK to challenge the traditional professional services sector on pricing. Speaking to City AM, Joeri Schouten, co-founder of Sweav, said: “The UK is the biggest professional services market in Europe [but] the culture is still much more traditional, very hierarchical, and has an even more [...]
Gen Z accountants think AI fluency gives them the edge over managers October 7, 2026 Young accountants are arriving in the sector confident in their AI skills, but a lack of soft skills is emerging as a new workplace divide. According to new findings from financial tech platform Intuit QuickBooks, based on responses from more than 1000 early-career accountants and finance professionals, almost all (90 per cent) said they will [...]
Three years on from October 7, British Jews are asking: Are we safe here? October 7, 2026 Three years on from the October 7 massacre, Benjamin Bell writes how life has changed for him as a Jewish Londoner.
Will anyone turn Badenoch’s looming battle into a tapestry? October 7, 2026 The Tory party has been enjoying itself in Birmingham, not least thanks to the delightful wheeze of mocking up the Bayeux Tapestry to tell the story of British politics under Labour’s first two years in power. The exhibition may well prove to be among the most popular offerings at the party conference; behind Jeremy Clarkson [...]
Nottingham Forest facing backlash as City Ground expansion set to hit residents in pocket October 7, 2026 Nottingham Forest are facing a backlash from local residents who could be left out of pocket by the club’s £790m expansion of the City Ground. As part of the planning permission granted to increase the capacity of their 31,000-seater stadium to 52,000, Forest have agreed to contribute £4.17m towards improving surrounding travel and transport infrastructure. [...]
‘Serious concern’: City watchdog accused of withholding information in motor finance row October 7, 2026 The City watchdog is coming under pressure to release its communications with the Treasury and modelling data for its controversial motor finance redress scheme, City AM can reveal. The Financial Conduct Authority (FCA) is facing legal challenges from the finance arms of Volkswagen and Mercedes Benz as well as French-owned CA Auto Finance over its [...]
Lobbying giants weighed deal for Mandelson’s Global Counsel October 7, 2026 Two of London’s top advisory firms considered buying Global Counsel out of administration after the lobbying shop founded by Peter Mandelson collapsed amid revelations over its ties with Jeffrey Epstein. FGS Global and Flint Global were among several major consultancies presented with an offer to acquire Mandelson’s failed boutique by administrators, two people familiar with [...]
The case against devolution? Wales’ declining education system October 7, 2026 Devolution is great when it works. But where are the sanctions for poor outcomes like Wales' appalling education results, asks Paul Ormerod.