Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Index climbs, Oil giants and Metro Bank shares under pressure, Imperial Brands in £1bn buyback

Pressure on shares of oil majors BP and Shell continued today after yesterday’s big fall in the Brent Crude price.

The oil benchmark’s 5% retreat came in a volatile week for markets on speculation that interest rate expectations will stay higher for longer.

In today’s developments, shares in Imperial Brands rebounded on plans for a £1.1 billion buyback while Metro Bank was hit by heavy selling.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.