Spotify proves raising fees won’t stop listeners February 10, 2026 Spotify’s latest results show that despite prices rising and costs climbing, users are not leaving. The Swedish group added a record number of users in the final quarter of 2025, pushing monthly active users to 751 million and paid subscribers to 290 million. Revenue rose 13 per cent year on year on a constant-currency basis [...]
Fractile pledges £100m UK expansion amid AI chip push February 10, 2026 UK chip start-up Fractile has announced a £100m expansion of its British operations, scaling up in London and Bristol as ministers step up calls for greater domestic ownership of critical AI. The investment, which will be rolled out over the next three years, will fund a new industrial hardware engineering facility in Bristol. The move [...]
Meta and Google face first trial over child safety claims February 9, 2026 The world’s largest social media giants are heading into a series of lawsuits in the US, accusing them of harming children with their addictive algorithms. The opening arguments begin this week in LA County Superior Court in the first case to be heard in front of a jury, alleging that Meta’s Instagram and Google’s YouTube [...]
Landowners hit as government pushes through 5G rent cuts February 9, 2026 Mobile network operators are set to cut rents on around 15,000 existing phone masts from April, City AM understands, dragging decades-old agreements into a new regime that has already allowed payments to landowners to be cut by up to 90 per cent. The move will bring legacy mast contracts, many signed with farmers, schools, hospitals [...]
Octopus boss: UK risks ‘falling behind’ without China energy ties February 9, 2026 The boss of Octopus Energy has warned that the UK risks being “left behind” in the clean energy race if it fails to work more closely with China on renewable technology, claiming the country should not ignore China’s advances in wind and clean power manufacturing. He argued that collaboration could cut energy bills and strengthen [...]
FTSE 100 Live: Natwest shares fall after deal; Political jitters in bond market February 9, 2026 Good morning and welcome to the City AM liveblog. Markets will have a lot to catch up on this morning after the latest escalation in political dramas over the weekend. Prime Minister Sir Keir Starmer’s chief of staff announced his exit from government amid mounting pressure over the appointment of Peter Mandelson to US ambassador. [...]
UK labour market weakens as hiring and pay growth cools February 8, 2026 The UK labour market continued to lose momentum at the start of 2026, with falling employment, weak hiring demand and easing wage growth reinforcing signs of a sustained slowdown. BDO’s Employment Index fell for a third consecutive month in January to 93.30, its lowest level since March 2011, as businesses pulled back on recruitment amid persistent cost [...]
Why OpenAI and Anthropic are really fighting about ads February 7, 2026 The public spat between OpenAI and Anthropic over ads inside chatbots was noisy, but the substance sits elsewhere. This is an early test example of how AI platforms intend to fund themselves without undermining user trust. Anthropic’s decision to air Super Bowl campaigns mocking the idea of ads inside AI assistants was done with clear, [...]
Lib Dems urge FCA probe into Mandelson leaks February 7, 2026 The Liberal Democrats have called on the UK’s financial watchdog to immediately investigate Peter Mandelson, warning that his alleged sharing of confidential government information with Jeffrey Epstein may have led to insider trading during the financial crisis. In a letter to Financial Conduct Authority (FCA), chief executive Nikhil Rathi, Liberal Democrat deputy leader Daisy Cooper said it was “crucial” to establish whether [...]
NatWest nears £2.5bn Evelyn Partners takeover February 7, 2026 NatWest Group is closing in on a £2.5bn takeover of Evelyn Partners, in what would be its biggest corporate acquisition since the bank’s taxpayer bailout in 2008. NatWest Group is in advanced talks to buy the wealth manager from its private equity owners, Sky News reported on Saturday, after seeing off competition from Barclays in recent days. An announcement [...]
