Raducanu ditches Nike after eight years to sign £2.6m deal with rival February 24, 2026 Emma Raducanu has ended an eight-year relationship with Nike to become the first female tennis player on the roster of Uniqlo. The 23-year-old former US Open champion has signed a multi-million pound deal with the Japanese casualwear brand and follows the likes of Roger Federer in ditching the “Just Do It”- famed sportswear brand for [...]
Trump calls on Big Tech to protect households from AI power costs February 24, 2026 The White House has requested formal pledges from US tech giants that the swelling data centre boom will not drive up electricity bills for households, as concern mounts over AI’s energy demands. Donald Trump has approached behemoths like Microsoft and Alphabet, who have notoriously rallied behind his administration, about signing voluntary, non-binding agreements committing them [...]
Record number of women appointed to FTSE 350 boards February 24, 2026 The UK has seen a “transformational” shift in gender diversity, with women now holding 43 per cent of board roles across FTSE 350 companies, a leap from just 9.5 per cent in 2011. The FTSE Women Leaders Review, a government-backed initiative sponsored by KPMG UK and Lloyds Banking Group, revealed that 92 per cent of [...]
Occupancy down at Unite Students, but demand surges at ‘elite’ universities February 24, 2026 Unite Students saw a slide in occupancy across its portfolio, offset by resilient demand at top elite universities. The student accommodation developer reported a 9 per cent increase in adjusted earnings to £232.3m for 2025. However, its statutory profit fell by 78 per cent due to a decline in the valuation of the property portfolio. [...]
Standard Chartered hikes investor returns despite profit miss February 24, 2026 Standard Chartered handed out bumper investor returns following its full-year results despite the London-listed bank missing its profit target pencilled in by analysts. The Asian-focused lender recorded a two per cent uptick in pre-tax profit to $814m, falling below analyst expectations of $1.1bn. The miss came as net interest income performed weaker-than-expected, slumping 12 per [...]
Money Supermarket doubles down on AI in push to placate investor fears February 24, 2026 Money Supermarket’s owner has doubled down on its commitment to AI after investor anxieties that the technology could erode its business sent the stock tumbling earlier this month. FTSE 250 firm Mony, which owns the price comparison site alongside news website Money Saving Expert and vouchers business Quidco, said it was “shifting to mandation” for [...]
FTSE 100 Live: Stocks take a dip amid tariff turmoil; Oil price soars February 24, 2026 Good morning and welcome back to the City AM liveblog. The good old safety net of London’s blue-chip index strikes again. The week kicked off with more tariff drama after Saturday’s announcement from President Donald Trump of a sweeping 15 per cent levy across the US’ trading partners. As cool heads prevailed in government – [...]
Checkout.com defies AI job fears with hiring spree February 24, 2026 Checkout.com has defied fears of a slowdown in tech company recruitment after one of Britain’s most valuable private tech firms ramped up hiring despite widespread implementation of new AI tools. Top tech companies have reportedly pared back hiring of junior staff, which much of the work of junior recruits becoming automated by artificial intelligence. New [...]
Why US tech firms are circling Wales for AI investment February 24, 2026 With land, connectivity and an enabling regulatory ecosystem, Wales is now on the radar of AI investors, writes Phil Pugh.
Exclusive: Inside the plan to keep the Welsh Rugby Union in check February 24, 2026 One of Wales’s leading business figures is rallying support for a committee that would hold the Welsh Rugby Union to account amid its biggest crisis of the professional era. The Welsh Rugby Union and embattled chairman Richard Collier Keywood are facing an Extraordinary General Meeting amid a legal row over plans to reduce the number [...]