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By: Michael Hunter

Journalist - CityAM

All 38 Articles
  • Airport warning over ‘full’ Heathrow as transfer traffic takes off on Iran war

    April 29, 2026

    London’s main gateway to the world and the UK’s busiest airport issued a forthright warning over its capacity on Wednesday, as war in the Middle East meant demand for flight transfers took off. “Heathrow is full”, said its chief financial officer, Sally Ding. She spoke out alongside the release of first-quarter numbers which revealed 18.9m [...]

  • Housing stocks drag on FTSE as inflation woes build into Bank of England interest rates call

    April 28, 2026

    Fears about the impact of interest rates on the UK’s struggling economy echoed around the City into this week’s set-piece interest rate meeting at the Bank of England. A trio of Tuesday trading updates from London-listed firms with direct exposure to the housing market revealed rising costs.  The insight reverberated across an industry which depends on affordable mortgages [...]

  • Ferrexpo: Miner taps Ukrainian oligarch for $100m equity lifeline

    April 28, 2026

    Cash-strapped London-listed Ukrainian miner Ferrexpo confirmed today that existing investors are prepared to throw it a $100m lifeline as the former FTSE 250 stalwart scrambles to stay in business. It plans to issue new shares to raise the cash. But the time needed for the scheme will delay publication of its annual accounts for last [...]

  • Gold and silver surge as Hochschild helps London’s mining stocks shine

    April 22, 2026

    Hochschild Mining revealed a near 40 per cent rise in the average price of the gold it produces this morning, burnishing the appeal of a sector with a long history in the City. The news propelled shares in the £3bn, 100-year-old firm onto the leaderboard of the FTSE 250. Hochschild’s stock strode over 2% higher [...]

  • Chip makers and defence contractors power profit upgrade for London tech stock Renishaw

    April 20, 2026

    London-listed engineer Renishaw upped its profit guidance on Monday, sending its shares to the top of the FTSE 250, helped by demand from defence contractors and chipmakers. The Gloucestershire-based precision tech firm is known for its precision equipment used in the lithography process of making microprocessors. On Monday, it pointed to “a substantial expansion” of [...]

  • Drop the drip pricing: Consumer watchdog snarls at sneaky fees added late in online bookings

    April 16, 2026

    Online consumers hit by ‘drip pricing’ – when last-second, unavoidable costs are added at the checkout – may be about to save some cash, as websites levying such ‘sneaky fees’ move to the forefront of a crackdown from regulators. The Competition and Markets Authority announced its latest action against this illegal-but-widespread practice yesterday. It slapped [...]

  • Jamie Dimon eyes high interest rates, uneven lending and IPO dearth in JP Morgan shareholder letter

    April 6, 2026

    One of the biggest names in global banking issued a stark warning about global political uncertainty and the potential threat of higher asset prices on Monday, while pointing to the faltering pipeline for company flotations. Jamie Dimon, the chief executive of JPMorgan Chase, added his voice to a debate raging in world financial centres on [...]

  • US markets hold steady after Trump’s expletive weekend ultimatum

    April 6, 2026

    US markets held their nerve on Monday, as Wall Street traders returned to their desks for the first full session after President Donald Trump’s explosive, expletive-strewn demands for Iran to re-open the Strait of Hormuz. Brent crude oil held the $107-a-barrel mark. But the global benchmark eased overall, by $1.50 to $107.54. European stock exchanges [...]

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