Oil surge shakes FTSE 100 futures after London index’s record February rally

Oil prices surged and stock futures slid on Monday as U.S. and Israeli strikes on Iran kept markets focused on Middle East supply risks. Brent crude was up 6.4% at $77.57 a barrel, while FTSE futures fell 0.6%; EuroSTOXX 50 and DAX futures also dropped. Rystad Energy’s Jorge Leon flagged an “effective halt” in Hormuz traffic, and Wood Mackenzie’s Alan Gelder pointed to the “nearest historical analogue” of the 1970s oil embargo.

FTSE 100 · LSE:BARC · Oil Prices · Stock Market
UK stocks Monday: Iran strikes jolt oil, Barclays credit scare lingers, earnings stack up

UK stocks Monday: Iran strikes jolt oil, Barclays credit scare lingers, earnings stack up

London’s back in action Monday, and the opening moves are all about crude and the latest geopolitical flare-up. OPEC+, which brings together OPEC members and partners like Russia, has tentatively signed off on a small supply boost, according to five sources who spoke with Reuters, after conflict with Iran snarled Gulf shipping routes. With navigation advisories slowing oil and gas through the Strait of Hormuz, prices shot to around $73 a barrel on Friday.
1 March 2026
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UK picks Barclays executive Katharine Braddick to run Bank of England banking watchdog

UK picks Barclays executive Katharine Braddick to run Bank of England banking watchdog

Britain tapped Barclays executive Katharine Braddick on Friday to take over as the Bank of England's deputy governor for prudential regulation, handing her the reins at the Prudential Regulation Authority. “Katharine Braddick is an accomplished pro-business leader with the experience to keep our financial system safe while backing the investment and lending that drives growth,” finance minister Rachel Reeves said. Braddick’s five-year term begins July 1, succeeding Sam Woods. She joined Barclays in 2022, following stints at the Treasury, the former Financial Services Authority, and the Association of British Insurers.
27 February 2026
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UK Stock Market Forecast 2026: FTSE 100 clings to rate-cut bets as AI jitters hit data stocks

UK Stock Market Forecast 2026: FTSE 100 clings to rate-cut bets as AI jitters hit data stocks

London’s FTSE 100 edged up on Friday as gains in major banks outweighed another drop from data analytics firm RELX, which continues to feel pressure amid the global AI selloff. The blue-chip index was 0.2% higher at 1133 GMT, eyeing a second consecutive weekly gain. The FTSE 250, meanwhile, barely moved and looks set to slip for a second week. Barclays, NatWest, and Lloyds climbed between 1% and 1.6%. RELX fell 3.5%. Fresnillo gained 1.8%, while Next added 0.5% after acquiring footwear brand Russell & Bromley via an insolvency deal.
6 February 2026
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