Close Brothers MD: I started my career working for Gordon Ramsay February 12, 2026 Chiara Caldwell, managing director at Close Brothers, tells us how she went from fine dining to banking in Square Mile and Me.
M&S is now worth more than Snapchat February 12, 2026 Here’s an interesting stock chart comparison that caught my eye this week. For the first time, the market cap of Snapchat owner Snap is now less than supermarket M&S, in a sharp reversal of the tech firm’s fortunes. If you’d spent £1,000 on shares in the social media platform five years ago, you’d be left [...]
Myprotein seals new licencing partnership with Greencore February 12, 2026 Leading online sports nutrition brand Myprotein has entered a new partnership with convenience food producer Greencore to introduce a new food on-the-go range. The collaboration will expand Myprotein’s presence in offline retail channels, through its availability in both Sainsbury’s supermarkets and convenience stores. The partnership grows the nutrition brand’s ambition to boost its offline and [...]
DIY investment markets swells as more Brits take the plunge February 12, 2026 The UK DIY investment market ballooned by more than £100bn in 2025, as more Brits take the plunge in managing their own assets. The market swelled by 22 per cent last year, reaching £572bn by the end of December, up from the £468bn recorded in 2024, according to the last data from investment research firm [...]
Relx reassures as AI fears hit data stocks February 12, 2026 Relx has sought to steady nerves with Thursday’s trading update, following a week of sharp AI-driven sell-off across legal and data stocks. The digital tool giant reported full-year results this morning showing revenue of £9.59bn for 2025, up from £9.43bn in 2024, representing seven per cent underlying growth. Reported operating profit rose to £3.03bn from [...]
Another blow to Stock Exchange as Schroders snapped up by US rival in shock £10bn deal February 12, 2026 Asset manager Schroders has agreed to a £9.9bn takeover by American investment firm Nuveen, in a deal that would end over two centuries of independence for the UK’s largest standalone asset manager. Under the terms of the agreement, Schroders shareholders will receive 612 pence per share, including a cash consideration of 590 pence and a [...]
GDP: UK faces ‘most dismal decade for growth in 100 years’ February 12, 2026 The UK economy had a minor expansion in the fourth quarter of 2025 coming a touch below expectations as an expected boost from the services sector failed to come to fruition. Fresh figures from the Office for National Statistics (ONS) showed the economy expanded a sluggish 0.1 per cent in three months to December 2025. [...]
FTSE 100 Live: Schroders in £10bn deal; UK economic growth lags February 12, 2026 Good morning and welcome back to the City AM liveblog. It was another record day for the FTSE 100 on Wednesday, which secured its highest close of all time. On a strong day for commodity-related stocks in London, London’s blue-chip index closed 1.14 per cent higher at 10,472p. But it wasn’t all cheery in the [...]
Sport’s overreachers like Sussex and Leicester are guilty of hope not greed February 12, 2026 As long as sport’s governing bodies and regulators reward risk over restraint, the cycle of boom, bust, sanction, repeat will continue, writes Ed Warner. First the disclaimer: I live in Sussex and although its county side isn’t my first cricketing love – that “honour” belongs to Middlesex CCC – I’ve enjoyed days at Hove’s County [...]
Reform UK’s rise: Will City law firms shift their support? February 12, 2026 Businesses, including law firms, snuggled up to Labour in 2024 but with Reform UK on the agenda, will firms shift their focus before the next election? Unlike in the US, business lobbying of British political parties and the UK government is kept somewhat behind closed doors, but it remains a powerful tool. For professional services, [...]