As it happened: Starmer dealt defence blow as investors react Markets This was the CityAM liveblog on Thursday 11 June. John Healey resigned as defence secretary over a lack of funding for the armed forces, heaping pressure on Sir Keir Starmer. Industry officials reacted with regret and paid tribute to Healey. The FTSE 100 also climbed on Thursday to defy fresh tensions between Iran and [...]
As it happened: FTSE 100 see-saws amid global jitters as market outlook turns ‘risky and dangerous’ Markets Good morning and welcome back to the CityAM liveblog. Markets were not getting too excited at the beginning of this week when Donald Trump said a peace deal with Iran was “very close”. And last night’s exchange of strikes might explain why. The US has said it completed a series of strikes against Iran [...]
As it happened: FTSE 100 and Wall Street hit by stock sell-off; CBI cuts UK GDP Markets Welcome back to the CityAM liveblog. Rachel Reeves is staring down another bruising growth downgrade this morning after the Confederation of British Industry (CBI) slashed the UK’s GDP forecast to 1.1 per cent for the year. The figure is a drop from 1.4 per cent last year and below the previous consensus of 1.3 [...]
Squarepoint commits £430m to huge London office move after profit soars June 8, 2026 One of London’s biggest investment firms has committed £430m to a major office move as the firm doubles down on its presence in the Square Mile. Squarepoint Capital, which was previously a subsidiary of Barclays before being spun off in 2014, is set to move to a redeveloped 400,000 square foot, 12-storey office on Gresham [...]
As it happened: Stocks and oil recover as Iran declares end to strikes; tech rally rocks markets June 8, 2026 Good morning and welcome back to the CityAM liveblog. The FTSE 100 edged into the green on Monday lunchtime and US futures pointed to gains, as the markets looked to claw back early jitters caused by fresh Middle East strikes and a tech stock sell-off. An exchange of fire from Iran and Israel left [...]
Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth June 8, 2026 Supermarket food inflation has risen significantly for the first time this year, a CityAM analysis has found, flashing an early warning sign that the surge in energy and freight costs triggered by war in Iran is reaching shelf prices in the UK. CityAM reporters gather data on around 200 prices of products across [...]
As it happened: FTSE 100 plunges as Iran pulls out of US peace talks; Mandelson files released June 1, 2026 Good morning and welcome back to the CityAM liveblog. Oil has nudged a touch higher to $93 per barrel this morning as uncertainty continues to cloud any prospect of a peace deal in the Middle East. The latest peace proposal between the US and Iran was said last week to be awaiting on the [...]
Family-owned Tottenham brewer falls into administration as industry pressures mount May 28, 2026 A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry. Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as [...]
As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow May 27, 2026 Good morning and welcome back to the CityAM liveblog. Global markets were able to take the new developments in the Middle East in their stride on Tuesday amid hopes a peace deal was on the horizon. The FTSE 100 ended the day in the green and despite some choppy trading oil prices eased. This [...]
As it happened: Petrol prices surge to Iran war record as Kingfisher helps lift stocks higher May 26, 2026 Good morning and welcome back to the CityAM liveblog. The City is returning from the Bank Holiday break to find the tensions in the Middle East continuing in a stalemate – or perhaps a further escalation than last week. After days of threats President Donald Trump has issued a strike on Iran, which he [...]
