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      Strait of Hormuz closed over ceasefire violations, says Iran

      Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes

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      Fogo de Chao nominated for Best Casual Dining Toast award

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President Biden

  • FTSE 100 Live: Stocks fall as Trump ramps up pressure; Unemployment at four-year high

    Markets

    Good morning and welcome back to the CityAM liveblog. Thousands more Brits exited the jobs market in November as the estimated number of payrolled employees fell by 33,000. New figures from the Office for National Statistics (ONS) showed the UK unemployment rate for people aged 16 years and hit 5.1 per cent in September [...]

    Donald Trump has threatened to sue the BBC for $1bn
  • FTSE 100 on track for longest winning streak ever

    Markets

    The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April.  Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]

    European markets soared on Monday morning.
  • Starmer’s EU-US high-wire act risks stumbling…

    Politics

    From headaches over Europe, to managing Sino-philes vs sceptics, the job of a prime minister – particularly when it comes to foreign policy – can often resemble something of a high-wire act, usually minus a safety net. Get it wrong, and the consequences could be severe, but pull it off, and the rewards are plentiful. Enforcing [...]

    Prime Minister Keir Starmer attending a gathering of EU leaders this week (

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  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • City investors raise alarm on Burnham’s Chancellor pick

  • Inheritance tax enquiries surge to six-year high after HMRC clampdown

  • More Big Four blues as Deloitte plans to slash UK audit roles

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