Rightmove boss talks down ChatGPT threat and defends AI investment February 27, 2026 Property giant Rightmove sought to walk a tightrope when it launched its financial results on Friday, as its execs stood by the firm’s divisive AI plans while distancing themselves from silicon valley giant OpenAI. Friday’s results offered an opportunity to calm the shareholders who wiped £1bn off the firm’s value when it announced its AI [...]
Pearson boss shrugs off investor AI fears after share jitters February 27, 2026 The boss of Pearson has shrugged off shareholder concerns that the company’s services could be usurped by the rising use of AI chatbots. Earlier in the year the education giant was one of a number of London-listed data and software-led stocks, including the likes of Sage and Relx, that suffered steep selloffs amid investor anxieties [...]
Legal battle over Labour’s inheritance tax reliefs set for March hearing February 27, 2026 The legal challenge to proposed changes to agricultural property relief (APR) and business property relief (BPR) has been listed for an urgent two-day hearing next month. The proposed changes to APR and the BPR represent one of the biggest shifts in UK IHT policy in decades, following the government’s initial increase of the threshold to [...]
‘Quiet revolution’ – Rathbones shares rise along with CEO’s ambition February 27, 2026 FTSE 250 company Rathbones saw its share price soar in early morning trading as it announced it was aspiring to become the “best wealth manager in the UK by far”. Shares rose 9.05 per cent to 2,410 pence, gaining 24.6 per cent this year to date. Profit before tax jumped 53.5 per cent to £152.9m, [...]
Rugby communities ‘staring down the barrel’, says MP February 27, 2026 Rugby communities are “staring down the barrel of losing their professional side”, according to one MP slamming the Welsh Rugby Union. The governing body of Welsh rugby is under immense pressure to relieve its chief executive – Abi Tierney – and chairman – Richard Collier-Keywood – from their positions and to commit to the future [...]
City AM partners with SCALE expo for flagship event February 27, 2026 City AM has partnered with the SCALE expo and summit, a flagship gathering of founders, investors and business leaders at London’s Business Design Centre. The summit will take place on the 22nd and 23rd of April, connecting ambitious founders with London’s best capital, talent and tools. SME XPO was relaunched as Scale by Sam North [...]
London Broncos signs deal with Australian fintech OFX February 27, 2026 London Broncos have expanded their sponsorship portfolio, signing a deal with global financial operations company OFX. It comes as London Broncos, the only major English rugby league club south of the sport’s northern heartlands, seek promotion to the Super League having been acquired by an Australian consortium fronted by former Brisbane Broncos legend Darren Lockyer. [...]
Greens win Gorton and Denton by-election in humiliating defeat for Keir Starmer February 27, 2026 Sir Keir Starmer has said that Labour’s defeat in the Gorton and Denton by-election is “very disappointing” and promised to “keep fighting”. The Greens won the by-election with more than 40 per cent of the vote, in a humiliating defeat for the Prime Minister. Hannah Spencer has been elected the new MP for the Greater [...]
Paramount outguns Netflix for Warner Bros February 27, 2026 Paramount Skydance has emerged victorious in the months-long battle for Warner Bros Discovery, after Netflix refused to raise its offer for the Hollywood giant. The streaming group confirmed it would not match Paramount’s latest $31 (£23)-per-share bid, ending an $83bn pursuit that had threatened to reshape the entertainment sector. “We’ve always been disciplined, and at [...]
Rightmove profit grows as it doubles down on unpopular AI plans February 27, 2026 Rightmove has reported growing profit and revenue as it stood by AI plans which had proved divisive with investors. The UK’s top property portal reported profit before tax of £290m, up 12 per cent from last year, in its financial results for the year ended December 2025. The FTSE-100 listed firm recently launched a conversational [...]