Welcome back to City AM‘s FTSE 100 live blog.
Stocks are set to make modest gains on Wednesday morning, after the blue-chip index finished flat on Tuesday despite spending most of the day in the green.
Oil prices are rising this morning, after the Iran-backed Houthi rebels fired missiles towards the headquarters of Saudi Aramco, the state-owned oil company. Saudi Arabia had struck Yemeni oil depots earlier in the night.
Stick with us throughout the day for the latest news from the London Stock Exchange and the wider business world, as soon as we get it.
Here’s a few of our top headlines this morning:
- Healey looks to lower business costs of hiring Neets
- Abandoning third runway would be bad for UK, Istanbul airport boss warns
- Dimon warns of risks ‘under the surface’ as JP Morgan earnings miss
- Oxford AI chip startup raises $125m to tackle data centre power crunch
- Boss of FTSE 100 Kingfisher: We’ll pull Neet support if Healey hikes taxes