<div id="readability-page-1">  <p><time datetime="2026-05-06T06:31:40+01:00">    Wednesday 06 May 2026 6:31 am  </time></p>         <div>                                                                                                                 Add as a preferred        source on Google                        </div>    <figure>    <div>       </div> <img width="742" height="495" src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2026/04/trumpfistup.jpeg/query-dz03NDI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2026/04/trumpfistup.jpeg/query-dz03NDI"/>  <figcaption>Welcome back to the FTSE 100 liveblog from City AM (Image: PA)</figcaption> </figure> <p>Good morning and welcome back to the <strong><em>City AM </em></strong>liveblog.</p><p>Thursday’s local elections are threatening to send shock waves through the market, as Keir Starmer’s position as Prime Minister teeters in the balance. </p><p>Gilt yields hit a 28-year high on Wednesday, as investors weighed up the prospect of a new Prime Minister, as Ed Miliband, Angela Rayner and Andy Burnham circle to Starmer’s left.</p><p>This shaky market sentiment comes as investors weigh up the loose approach to fiscal discipline that any one of these figures are likely to bring to Downing Street.</p><p>Fears of rising inflation are also prompting the gilt markets to shudder, as the Bank of England’s unconvincing rates hold last week failed to preclude the potential of several rate hikes later this year. </p><p>In further signs that Reeves’ regime of fiscal “stability” is under threat, <em>City AM</em> revealed this morning that the Treasury watchdog’s own estimates – dating back to 2024 – suggest the Chancellor is set for a borrowing spree to keep a lid on inflation.</p><p>A freshly uncovered Office for Budget Responsibility (OBR) note said the government would have to borrow £23.1bn more a year if there were an energy supply shock “comparable to the 1973 oil embargo” – and analysts have widely compared the Iran war to this crisis.</p><p>In a sudden reversal late last night, President Trump said he will pause “Project Freedom” in order to finalise a peace deal with Iran, boosting hopes of a permanent solution to the conflict.</p><p>This comes as Trump’s administration insist that the main part of their war with Iran is over. Seecretary of State Marco Rubio said: “The operation is over. Epic Fury – as the president notified Congress – we’re done with that stage of it.”</p><p>The price of Brent crude oil is slightly down this morning, at $108.04, though well above the $100 mark.</p><p>We’ll be bringing you the latest as it unfolds.</p><h3 id="h-here-s-a-few-of-our-top-stories-this-morning">Here’s a few of our top stories this morning</h3><ul> <li>‘Clear risk signal’: Gilt yields hit 28-year high as investors weigh Starmer’s future</li>    <li>KPMG faces staff uproar as job cuts expose communication breakdown</li>    <li>OBR calculations suggest Reeves set for borrowing spree</li>    <li>‘Political choice’: Retailers urge government to act on rising costs</li>    <li>A bank tax hangs in the balance at the local election ballot</li> </ul> </div>

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<p>FTSE 100 实时博客报道了周四地方选举前市场的波动，基尔·斯塔默作为首相的地位不确定。由于投资者对潜在的领导层变动和上升的通胀担忧作出反应，国债收益率已达到 28 年来的最高水平。英格兰银行最近的利率维持并未缓解对未来加息的担忧。此外，特朗普总统已暂停 “自由计划”，以寻求与伊朗达成和平协议，这对油价产生了影响，目前油价为每桶 108.04 美元</p>

FTSE 100 Live: Stocks to jump as Trump ends ‘Project Freedom’; borrowing costs soar

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FTSE 100 实时：随着特朗普结束 “自由计划”，股市将上涨；借贷成本飙升