FTSE 100 Live: Stocks to drop; Trump pauses Iran strikes over Hormuz talks

Welcome back to the City AM FTSE 100 liveblog. It’s Monday morning and the FTSE is expected to drop, with futures indicating a loss of 19 points, or 0.18 per cent. This comes off the back of a week market by fresh hostilities in the Middle East, as Iran and the US traded blows and the Houthis…