As it happened: Stocks slip as London’s rally loses momentum FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Stocks in London fell this morning as a three-day rally faded and erased much of the gains made following the Bank of England’s decision to hold interest rates yesterday. The FTSE 100 was trading down nearly one per cent at 12:50pm, dragged lower by falls for Shell [...]
Federal Reserve earns rebuke from Trump after interest rate hike Economics Kevin Warsh’s Federal Reserve has raised interest rates for the first time since 2023 and effectively pencilled in another hike this year, defying President Trump’s demands for looser monetary policy. On Wednesday, Warsh joined a unanimous decision to raise the US’s central rate by 25 basis points – or a quarter of a percentage point [...]
As it happened: FTSE 100 soars after Bank of England holds interest rates FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]
As it happened: FTSE 100 rises after inflation jump; oil supply in focus September 16, 2026 Welcome back to the City AM liveblog. UK inflation has seen a fresh spike to 3.1 per cent in August, up from 2.9 per cent the month prior. The fresh print comes as Brent crude – the international benchmark for oil – holds around the $108 per barrel mark, near four-month highs. Industry data managed [...]
Consulting giant Accenture to pay £18.5m to settle probe into hiring practices September 15, 2026 New York-listed consultancy giant Accenture has agreed to pay the US government $25m (£18.5m) to settle allegations over its diversity practices. The Department of Justice (DOJ) alleged that Accenture violated federal anti-discrimination requirements while certifying compliance to secure federal contracts. The US government claims that the Dublin-headquartered firm allocated costs related to these hiring and [...]
Schroders: congressional gridlock may prove costly this time September 14, 2026 | City Talk This year’s US midterms look set to produce a divided government in Washington. Investors have historically viewed congressional gridlock as market-friendly, but that assumption may no longer hold, says George Brown Midterm elections are often a painful reckoning for the party in power, with current polling suggesting the Republicans are unlikely to escape that fate. [...]
As it happened: FTSE 100 rallies as economy beats forecasts; oil falls back September 11, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index rallied on Friday after the economy beat forecasts in July, surprising those in the City who had expected to see growth peter out. The Office for National Statistics (ONS) has revealed that the UK economy’s (GDP) grew by 0.4 per cent in July, [...]
As it happened: FTSE 100 dives as oil marches to $106; Trump threatens long war September 10, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index shed as much as 0.4 per cent on Thursday morning, as Associated British Foods’ 11 per cent dip cancelled out modest gains from London’s oil majors and consumer giants like JD Sports and Whitbread. Despite recent expectations that the Iran war is far [...]
As it happened: FTSE 100 dives as oil prices surge past $100 in blow to inflation September 9, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index fell on Wednesday as oil prices reared up yet again, reaching six-week highs. Speaking late on Tuesday, Andrew Bailey caused fresh speculation that the Bank of England could hike interest rates when he said that risks to inflation remain “on the upside”. The [...]
Belgian FA ‘cannot back’ Infantino amid World Cup and Balogun ‘transparency’ concerns September 7, 2026 Belgium’s FA has vowed to oppose Gianni Infantino’s bid for re-election as Fifa president, in part because it remains unhappy at the handling of the Folarin Balogun incident. Infantino confirmed at the weekend that he intends to stand again in March despite a furious backlash to his now-abandoned plans to partially privatise the World Cup. [...]