As it happened: Stocks reverses early gains after tech sell-off; interest rates hiked FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. The Bank of England has raised interest rates for the first time in three years. The central bank’s Monetary Policy Committee (MPC) voted in a 8-1 split to hike rates to four per cent as concerns surrounding the inflationary impact of the Iran war dragged on. Meanwhile, [...]
Global markets cheer to ‘gridlock’ after Democrats sweep US midterms Markets Global stocks rallied after the Democratic party swept the US midterm elections settings the country up for political “gridlock”. Democrats flipped control of both the House of Representatives and Senate, handing the party greater domestic control over US policy and introducing a major blocker to President Donald Trump’s agenda. In the US, a bill must [...]
As it happened: FTSE 100 drops; oil reverses gains on hopes of end to US-Iran war FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. London’s blue-chip index came under pressure after a mixed bag for oil trading. The price of Brent crude has crept above $106 per barrel following reports of a US attack on Iran’s Qeshm Island, a key strategic military location controlling the Strait of Hormuz. The reported strike [...]
As it happened: FTSE 100 loses steam; oil up as US considers Iran strikes October 30, 2026 Welcome to City AM‘s FTSE 100 liveblog. It’s Friday morning and stocks are set to open higher. Oil prices are on the march this morning, up above $112 per barrel after dropping on Thursday afternoon. This follows news that a senior US commander has briefed Trump on his options for resuming its assault on Iran [...]
As it happened: WPP leads FTSE higher as market digests ‘do no harm’ Budget October 29, 2026 Welcome to City AM‘s FTSE 100 liveblog. It’s Thursday morning and stocks are set to rise on the market open. Investors will be picking through John Healey’s maiden Budget throughout the day, which pushed up shares in banks and gambling firms after they were spared worse tax raids. The FTSE 100 closed level on Wednesday [...]
As it happened: FTSE 100 slides as oil holds at $115; tech surges October 27, 2026 Welcome back to the City AM FTSE 100 live blog. The FTSE 100 is sliding after a bruising session for heavyweight stocks, while tech continues to perform elsewhere. Brent crude is also trading above $115 per barrel as renewed diplomatic efforts in the Middle East raised hopes of preventing a wider escalation of the US-Iran [...]
As it happened: FTSE 100 up on defence boost; oil falls back as Trump weighs Iran deal October 26, 2026 Welcome back to the City AM FTSE 100 live blog. The FTSE 100 has enjoyed a major rally on the back of booming defence stocks ahead of an expected investment from the government at the forthcoming Budget. This is also coming alongside a modest relax in oil prices on new diplomatic hopes in the Middle [...]
As it happened: FTSE 100 slides as oil surges to five-month high October 23, 2026 Welcome back to the City AM FTSE 100 liveblog. It’s Friday morning and London’s blue-chip index is set for a flat open as pressures on markets persist. The price of a barrel of oil has surged to $114 per barrel, trading at its highest level in over five months. It follows escalating Houthi attacks on [...]
As it happened: FTSE 100 losses ease as oil higher after Saudi drone attack October 22, 2026 Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is sliding this morning after a shaky week for trading. Oil pressures have climbed higher after a drone attack on Saudi Aramco’s Shaybah oil field killed two people. The incident renewed tensions in the Middle East and heightened concerns over further disruptions to [...]
As it happened: FTSE 100 claws back losses; oil hovers as Iran-US talks stall October 21, 2026 Welcome back to the City AM FTSE 100 liveblog. London’s blue-chip index is looking to claw back losses made this week as investors weigh up the rising price of oil. Brent crude – the international benchmark for oil prices – surged above $110 per barrel on Wednesday, resuming its advance following mixed reports on diplomatic [...]