Business · 1 hour ago

London shares fall slightly but BP and Shell gain on high oil prices

The FTSE 100, Britain's top stock market index, dropped 0.1% on Monday morning following strong American employment figures. Traders believe the US Federal Reserve, America's central bank, now has a 58% chance of raising borrowing costs this September. Meanwhile, Spire Healthcare shares climbed roughly 3% after accepting a buyout offer worth about £1,026 million from several investment funds.

By BriefTea Editorial · 7 September 2026 at 12:52

Reported by Reuters · How we write briefs

Get the app

Understand this story

Why are London prices so high? Why are oil prices so high? Why did BP and Shell gain?

More briefs

TechnologyDeepSeek building huge AI data centre in Inner Mongolia BusinessJapan's foreign reserves fall by record $80 billion TechnologyAnthropic plans October IPO, testing its near $2 trillion valuation BusinessPound hits lowest vs. yen since February despite steady dollar PoliticsChancellor John Healey allocates £150m to support fast-growing businesses in northern cities BusinessBA flight delayed three hours after crew accidentally deploys emergency slide More business stories → Browse all stories →