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Commentary submitted by Susannah Streeter in their own words.
Back to profileTrump deal sees oil dip slightly, but Middle East crisis keeps prices high
The slight dip in prices does appears to have delivered some respite on financial markets.
Footsie flies higher as oil eases and Airtel Money boosts London’s IPO hopes
The trajectory of the Middle East crisis remains highly uncertain, with Brent crude still trading around $103 in early trade on Friday.
Markets wobble as energy worries reignite rate fears but Shell enjoys production surge
Brent crude has risen back above $101 a barrel following attacks by Yemen’s Houthi rebels on targets in southern Saudi Arabia.
Footsie loses early gains as repercussions of energy crisis remain in focus
Brent crude has dipped back slightly but is still trading above $101 a barrel, more than 40 per cent higher than before the conflict broke out.
Markets breathe easier as US jobs market cools and rate fears recede
The latest US jobs figures came in weaker than expected, with just 29,000 jobs added in September.
FTSE falls sharply, house prices dive, oil prices rises to near $100 a barrel and Bank of England warns on AI
It’s been a sober start to October for the Footsie, as investors eye up soaring borrowing costs, and digest unpalatable warnings about the AI boom.
Greggs to axe around 740 jobs and shut four factories
Greggs is eyeing up more intense inflationary pressures ahead and is zeroing in on its cost control measures, with fewer factories set to feed more shops.
Oil prices ease lifting stocks
The FTSE 100 has made a big stride forward in early trade, with European indices also moving higher, following gains in Asia.
Burnham sets out plan to reform triple lock to pay for social care
Bond markets are staying wary despite signs the Burnham administration will take bold steps to rethink government spending priorities by axing the triple lock for the State Pension.
Burnham sets out plan to reform triple lock to pay for social care
Bond markets are staying wary despite signs the Burnham administration will take bold steps to rethink government spending priorities by axing the triple lock for the State Pension.
Anthropic warns ahead of IPO about AI destruction risks
While risk warnings are two a penny in a prospectus, Anthropic appears to have gone in heavy in its publication, highlighting the existential threat to humanity posed by the technology.
Burnham announces new GB Grid in bid to bring energy costs down
Recent comments from Bank of England policymakers have indicated they are concerned about so-called second-round effects of high energy prices taking place – when costs are passed on via higher prices of goods and services, potentially leading to a wage hike cycle, as employees demand higher salaries to keep up with rising prices.