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Friday 7 August 2026London --:--Frankfurt --:--Zurich --:--

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LatestOil jumps to $83 as Strait of Hormuz tensions rattle marketsFTSE 100 Live

Large oil tanker navigating a strait under a cloudy sky, impacting oil prices and global trade.

FTSE 100 Live

Oil jumps to $83 as Strait of Hormuz tensions rattle markets

Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.

Banking

Citi's Jane Fraser warns UK on taxes while staying silent on Trump's DEI rollback

Paramount, Netflix, Warner logos; media giants intensifying streaming competition and strategic industry shifts

Media

CMA clears Paramount Warner Bros merger after competition review

Houses of Parliament in Westminster showcasing historic architecture under a clear sky, central to UK government and politics

Economics

UK national debt passes £3 trillion as interest costs surpass defence budget

Bustling Soho street scene with vibrant storefronts, diverse pedestrians, and iconic London architecture under clear skies

Hospitality

Westminster Council proposes curbs on standing-room drinking in Soho

Wayve autonomous vehicle navigating a busy London street with iconic cityscape in the background

Tech

London clears Wayve robotaxis for City streets with Uber partnership

Diageo is expected to reveal a drop in profits for the past year

Markets

Diageo shares surge on $850m cost plan as new chief signals strategy shift

Mark Kleinman is Sky News' City Editor and writes a column for City AM

Business

Premier League's £1.5bn New Deal offer faces EFL resistance as West Ham ownership battle intensifies

New Statesman magazine cover, How Britain Lost Control, with a crowned lion held by a hand, over a city skyline.

Politics

Serco chief rejects outsourcing criticism as profits and pipeline grow

WPP has had a difficult start to the year.

Media

WPP cuts 1,267 jobs as revenue slides but shares rally on softer second quarter

Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.

Banking

Citi chief warns UK risks losing banks to rivals if taxes rise further

Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.

Investing

Quilter hits record inflows as advice-led strategy delivers

Due to the provided information being incomplete, I am unable to generate specific alt text for the image in question. Ple...

Life&Style

Uzbek businessman wins record £105,000 payout in UK 'pink slime' defamation case

Tunnelling for the Euston link finally kicks off this week.

Economics

Andy Burnham pushes to overhaul UK 'social value' procurement rules

Rugby stadium interior with large screen displaying Red Roses v Ireland, goalposts, and empty green seats

Sport Business

Twickenham residents fight plan to turn Allianz Stadium into London's next concert giant

Four brown puppies playing on a green mat with pink toys and a paw-print blanket.

Law

Neurodiversity tribunal claims surge 79% as employers grapple with 'reasonable adjustments'

Bloomsbury has reported results ahead of consensus expectations

AI

AI firms are buying up rare books by the million, then destroying them

Dominos Chick N Dip box with crispy chicken strips, red hot sauce, ranch dip, and a cheesy pizza.

Retail

Domino's doubles down on fried chicken as new boss bets on delivery add-ons

Market BriefingAs of 08:40 BST

European markets at a glance

FTSE 10010,890.59+0.21%

DAX26,252.42+0.43%

CAC 408,717.00+0.20%

STOXX 506,519.32+0.26%

Full market coverage →

UK & Ireland

Jane Fraser, Citi CEO, speaking at a podium with a microphone, wearing glasses and a purple top.

Lead storyCiti's Jane Fraser warns UK on taxes while staying silent on Trump's DEI rollback

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