As it happened: Stocks jitter on stalling US-Iran talks; OECD unemployment warning Markets Welcome back to the City PM liveblog. Markets are being pulled in countless directions from the conflicting information emerging around the conflict in the Middle East. The FTSE 100 managed to shrug off some of these jitters yesterday and secure a finish 0.3 per cent higher as the price of oil slipped. But this morning [...]
As it happened: Stocks plummet on latest Iran war tensions; Neets crisis a ‘human tragedy’ Markets Good morning and welcome back to the City PM liveblog. The US and Iran are back to exchanging fire in a major blow to hopes of peace in the Middle East. Tehran struck an American airbase overnight in its retaliation for the US striking a military site that it said “posed a threat to US forces [...]
As it happened: US-Iran peace hopes sends oil lower; Brits handed energy price cap blow Markets Good morning and welcome back to the City PM 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 [...]
‘There’s a lot of risk out there’ – Bank of England warns of market ‘adjustment’ April 24, 2026 A top Bank of England official has warned that global markets could fall even further with current share prices not reflecting the economic risks at play. Sarah Breeden, the Bank’s deputy governor for financial stability, said: “There’s a lot of risk out there and yet asset prices are at all-time highs. “We expect there will [...]
Tesco: Supermarket giant widens market share amid price war June 12, 2025 Supermarket juggernaut Tesco delivered an upbeat trading statement for the first three months of the year as the price war in the competitive UK grocery market rumbled on. Food sales at the grocer were up 5.9 per cent year-on-year led by a strong performance in fresh food. Meanwhile, non-food sales climbed 6.2 per cent after [...]
The ‘battle for value is on’ at UK grocers as supermarkets push discounts October 8, 2024 Higher spending at supermarkets over the last month has been driven by sales of discounted goods as grocers compete to bring financially-stretched customers through their doors, according to fresh data. Grocery price inflation increased slightly to two per cent during the four weeks to 29 September, up from 1.7 per cent last month, according to [...]
