Newly listed Smarter Web Company share price plummets amid Bitcoin fall February 6, 2026 One of the London Stock Exchange’s newest members have suffered a staggering drop in its share price after becoming embroiled in the early morning Bitcoin plunge. The Smarter Web company, which listed on London’s main market just three days ago, suffered a 22.5 per cent drop in early morning trading to 31.25 pence. Since listing [...]
Bitcoin falls to lowest level as big tech sell-off intensifies February 6, 2026 The price of Bitcoin has fallen to its lowest level in 15 years amid the sweeping tech sell-off and nomination of a ‘hawkish’ Fed chair. A single bitcoin is now roughly worth $64,657 (£47,657), the lowest level since October 2024, with the price plummeting 24 per cent since the start of the year. The price [...]
Exclusive: Lloyd’s of London quietly shelves Blueprint Two to rethink strategy February 6, 2026 After years of delays, Lloyd’s of London’s ambitious strategy to digitalise the marketplace has been shelved, as new management under Patrick Tiernan seeks to rethink the approach. Blueprint Two, launched seven years ago, was a programme pitched as delivering a “profound” change in the London specialist and reinsurance market through digitalisation. Lloyd’s, together with the [...]
TSB’s profit soars ahead of Santander takeover February 6, 2026 Profit at high street lender TSB soared in the latest financial year as the bank slashed costs ahead of its landmark takeover by Santander. TSB’s pre-tax profit hit £350.4m in 2025, a 20.7 per cent jump from the year prior. The growth was fuelled by rising income streams and falling costs, even as the bank [...]
FTSE 100 Live: Starmer unease rattles markets; Big tech sell-off February 6, 2026 Good morning and welcome back to the City AM liveblog. Speculation over Keir Starmer’s future has unleashed a fresh round of market unease as investors dumped the pound, UK equities and long-dated government bonds amid rising political uncertainty. The gulf in price between the UK’s short- and long-term debt – known as the yield curve – reached [...]
Super Bowl LX ad review: Budweiser, Pepsi and Kellogg’s put on a show February 6, 2026 Advertising guru Jon Williams picks his best of the Super Bowl LX ads, featuring Budweiser, Pepsi, Fanatics Sportsbook, Michelob Ultra and Kellogg’s Raisin Bran. Get the popcorn in, here comes the Super Bowl! No? A bit too brash for you? Well let me take you through why it might be worth it. Put simply it’s [...]
City commuter fury as Chancery Lane closed one in six mornings February 6, 2026 Hundreds of thousands of City commuters had their journeys disrupted in 2025 after Chancery Lane tube station was unexpectedly closed for a staggering one in six mornings, City AM can reveal. The Central line station, which sits at the western edge of the Square Mile, was shuttered at short notice during the early hours of [...]
Majority of landlords to hike rent due to Reeves’ tax raid February 6, 2026 The majority of landlords increasing rents blamed Rachel Reeves’ new tax on property income from April next year, a survey has shown. According to the National Residential Landlords Association (NRLA), two thirds of landlords (65 per cent) raising prices over the next year cited the government’s plans to charge a two percentage point tax rate [...]
Starmer future speculation sparks sell-off in long-dated bonds and pound February 5, 2026 Speculation over Keir Starmer’s future has unleashed a fresh round of market unease, with investors dumping the pound, UK equities and long-dated government bonds amid the political uncertainty. The gulf in price between the UK’s short- and long-term debt – known as the yield curve – reached its highest since 2018, in a sign investors [...]
China ties force co-founder exit at UK AI startup Fractile February 5, 2026 Co-founder of British AI chip startup Fractile left the company after concerns were raised internally about his links to China amid growing scrutiny of national security risks across the UK’s strategic tech sector. Yuhang Song, Fractile’s former chief technology officer, departed the business in May 2024 following questions over his academic background and earlier ties [...]