FTSE 100 Live: Stocks dip as oil surges to five-month high

Welcome back to the City AM FTSE 100 liveblog. It’s Friday morning and London’s blue-chip index is set for a flat open as pressures on markets persist. The price of a barrel of oil has surged to $114 per barrel, trading…

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Sport’s hypocrisy: Claiming to be inclusive while charging prohibitive ticket prices

Last week, a BBC Sport investigation revealed just how sharply the cost of watching live sport has risen in the UK. Across the Ashes, the Open, Wimbledon, Formula 1, the Ryder Cup and FA Cup, selected ticket prices have…

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Toast the City winners unveiled at glitzy Steel Yard ceremony

More than 300 chefs, restaurateurs and people who run the Square Mile’s cultural venues and green spaces gathered at The Steel Yard for the second annual Toast the City Awards to find out who would win one of our coveted…

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Some of Europe’s highest energy costs expected in Britain this winter

Energy system operators have said the country will have enough gas and electricity to meet demand over the coldest months – in part because of paying higher market prices than neighbouring markets to secure imports. The…

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Britain’s gas security needs reinforcement. Last-minute deals with Belgium are not a proper fix

We're now doing a deal with Belgium to ensure enough supply can flow through a connecting pipeline this winter should a "low-probability but high-impact stress event", to quote the regulatory mouthful, occur. To be fair…

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Youth mobility scheme may be delayed to ensure success of UK-EU summit

This has fuelled fears the summit could fail, just as the prime minister is promising to unveil a new vision for Britain's long-term relationship with the EU. Sources say the UK also continues to push for a cap of about…

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Healey moves to slash red tape and save firms £800m a year

In a pre- Budget announcement to offer “breathing space” to businesses, Healey confirmed that the government would make reporting requirements for firms and asset managers easier. The changes on reporting regulations and…

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Getting closer to the EU is a sop to Burnham’s socialist backbenchers

The temperature drops, the rain begins and the darkness sets in. This month is poised to be even drearier than usual. In a week’s time, we’ll have John Healey’s first Budget. Healey will struggle to make up the…

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Business needs to speak up in Britain’s battle of ideas

Business leaders need to be pragmatic, dealing with the government of the day. But it strikes me that in this battle of ideas, they need to stand up for what works – especially when the country we all love is going in…

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Letting Britain’s arts buildings crumble will cost us all

So why did one of Britain’s most successful sectors barely get a mention at this year’s party conferences? Our creative industries generate £124bn in economic value and support 2.4m jobs. We’re the world’s third-largest…

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