‘Crossroads’: Oil prices hold firm as markets sour on Trump’s peace talks March 24, 2026 The price of oil held firm on Tuesday morning as markets faced a “crossroads” following the latest bait-and-switch from President Trump amid the crisis in the Middle East. Brent crude, the international benchmark for oil, broke $100 again in early trading in Asia after a four per cent gain. Prices have dipped a touch but [...]
FTSE 100 Live: Stocks dip; Reeves give energy update as oil prices jump March 24, 2026 Good morning and welcome back to the City PM liveblog. Oil is back on the rise this morning following a series of mixed messages on Monday that brought forward a day of whiplash for global markets. The trading session started with nosedives into the red as markets digested President Trump’s 48 hour ultimatum on Iran, [...]
Revolut eyes trading and wealth push amid hiring spree March 24, 2026 Revolut has laid out its initial blue-print for major expansion in its trading operations after the fintech giant bagged its full-fat UK banking licence earlier this month. The $75bn digital banking juggernaut has kicked off a hiring spree at its Canary Wharf headquarters as well as other financial hubs across the globe. The fintech has [...]
Analysis: Could £1bn IPL RCB cricket windfall begin Diageo’s comeback? March 20, 2026 It’s been a tough few months for Diageo – and a tough few years for Diageo shareholders. The London-listed drinks giant has seen its share price melt away amid a slump in demand for premium spirits, rising production costs and a flurry of tariffs from across the pond. The stock is already down by an [...]
FTSE 100 Live: Stocks drop as oil returns to near $100 after tankers attacked March 12, 2026 Good morning and welcome back to the City PM liveblog. The price of oil shot back above triple digits this morning, rising as much as nine per cent in Asian trading following the news two tankers were struck in the Gulf. An Iraqi news agency broke the news that 38 crew members have been rescued [...]
FTSE 100 Live: Iran war ‘certainly not good’ for UK economy, says Rachel Reeves March 11, 2026 Welcome back to the City PM liveblog for continued coverage of a frenzied week in global markets. The Chancellor has told the Treasury select committee that the ongoing fallout from the Middle east is “certainly not good for the British economy”. Following the “most intense” day of fighting in the region – and just a [...]
FTSE 100 Live: Index hits record as HSBC, St James’s stock rally February 25, 2026 Good morning and welcome back to the City PM liveblog. There’s a number of factors weighing on global markets at the moment, and yet the FTSE 100 was able to close Tuesday’s session unscathed. It came despite President Donald Trump’s new 10 per cent tariffs coming into effect, sending some jitters across global indexes. But [...]
Buy now, sell-off later: Where did Klarna’s IPO go wrong? February 20, 2026 When Klarna finally kicked off its Wall Street listing in September chatter quickly emerged whether the move would open the floodgates to a fleet of fintech listings. With the likes of Monzo, Zilch, Revolut and Starling all speculated to be eagerly waiting in the wings, all eyes were on the Swedish unicorn as a taster [...]
Klarna delivers $1bn quarter but shareholder returns take beating February 19, 2026 Klarna delivered a record quarter at the end of 2025, with revenue rocketing, but the firm reported a major slump in shareholder returns after its stock price took a bruising following its public debut. The Swedish fintech unicorn notched just north of $1bn (£743m) in revenue, marking a 38 per cent jump year-on-year as active [...]
Rachel Reeves warned ‘dysfunctional’ fiscal rules are hammering economy February 19, 2026 Rachel Reeves has been dealt a scathing assessment of her economic policy by a top think tank, which likened her approach to a driver who was “watching the speedometer” while ignoring other conditions. The Chancellor is facing calls to scrap the self-imposed fiscal rules that prevent her from borrowing to pay for day-to-day spending and [...]
