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 [...]
Brown dubs Mandelson row as ‘serious’ test for Starmer February 7, 2026 Gordon Brown has increased pressure on Keir Starmer by warning that the controversy surrounding Peter Mandelson’s links to Jeffrey Epstein represents a ‘serious’ test of the prime minister’s authority and judgement. Speaking on BBC Radio 4’s Today programme, Brown defended Starmer’s personal integrity but said the Labour leader now faced an urgent task to restore trust after appointing [...]
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 [...]
Court ruling tests Britain’s £1bn data centre power plans – and energy policy February 5, 2026 A High Court challenge to a £1bn data centre beside the M25 has exposed a glaring issue for Britain’s ambitious AI build out. Power hungry projects are effectively being approved before anyone is sure where the power will come from. The government has accepted that planning permission for a 90MW hyperscale facility at Iver in [...]
