FTSE 100 Live: Centrica profit falls; Stocks dip after record rally February 19, 2026 Good morning and welcome back to the City AM liveblog. It’s been quite the week for the “old and unexciting” FTSE 100. The blue-chip index closed 1.2 per cent higher on Tuesday led by a rally in the mining sector. Antofagasta led the pack up over 10 per cent, which came a day after its [...]
New EV charges threaten fragile consumer confidence February 19, 2026 The UK government wants Britain to go electric, but carmakers are under strict sales targets, grants have been extended, and billions are being funnelled into infrastructure. But at street level, the case for switching still depends on whether the switch will actually save drivers money. That question has become sharper in recent weeks, with TfL [...]
Meta signs Nvidia deal as AI infrastructure bill soars February 18, 2026 Meta has announced a a multi-year partnership with Nvidia to expand its artificial intelligence (AI) infrastructure, as it continues to commit billions to data centres. The deal will grant the Facebook owner access to the chip giant’s latest processor, and covers deployments across Meta’s various branches. It will see the social media group roll out [...]
Sky rivals Netflix with one TV subscription to rule them all February 18, 2026 Brits now spend more time with streaming services than with traditional broadcast TV. In the US, streaming has already surpassed linear viewing; in the UK, the likes of Netflix and Amazon Prime are absorbing a growing share of screen time and, in turn, consumer spend. Revenue from digital entertainment rose to an all-time high of [...]
Funding gap looms over Britain’s small businesses February 17, 2026 Record numbers of Brits are starting businesses, but innovation and export activity among small and medium-sized enterprises have fallen to a four-year low, as a looming funding gap threatens growth. The latest State of Small Business Britain report from the European Research Council (ERC) found that 36 per cent of working-age adults are running or [...]
Warner Bros reopens Paramount talks as bidding war escalates February 17, 2026 Warner Bros Discovery has resumed talks with Paramount Skydance, reigniting the takeover battle with Netflix for one of Hollywood’s most sought-after studios. WBD confirmed it is entering seven days of deal discussions with the David Ellison-backed group, even as it continues to stand by its agreed $82.7bn (£60.94bn) deal with Netflix. The move follows months [...]
Is AI really to blame for Britain’s rising unemployment? February 17, 2026 Unemployment has risen to 5.2 per cent, the highest level since 2021, as the UK’s labour market continues to cool. But how much of that stagnation can reasonably be attributed to AI? The latest Office for National Statistics (ONS) figures show the jobless rate climbed in the three months to December, while the number of [...]
Musk’s X suffers third outage of the year as thousands report issues February 16, 2026 Social media platform X has been hit by a widespread outage, with thousands of its users reportedly unable to access the site and app. Over 3,000 users in the UK flagged issues shortly after 1pm on Thursday, according to data from Downdetector, while over 40,000 reports were flagged in the US at the height of [...]
UK under-16s social media ban could land before year end February 16, 2026 Sir Keir Starmer is considering banning under-16s from social media within months, as ministers crack down on children’s online activity following a deepfake scandal on Elon Musk’s Grok. The prime minister has insisted that “no platform gets a free pass” on child safety, with a formal consultation on tougher social media protections launching in March. [...]
Starmer closes chatbot loophole in Online Safety Act February 16, 2026 Sir Keir Starmer is set to target AI chatbots with the UK’s Online Safety Act, warning tech titans that “no platform gets a free pass” following a deepfake scandal involving Elon Musk’s Grok. In a speech on Monday, the Prime Minister is expected to confirm plans to amend the Crime and Policing Bill, so that [...]
