Diageo, Burberry rally after Trump tariff ruling February 20, 2026 Shares in two of the FTSE 100’s biggest retailers rallied on Friday afternoon after it was revealed President Trump’s sweeping global tariff regime had been struck down by the top US court. Burberry shares ended the day’s trading session up 3.2 per cent to 1,212p, while Diageo jumped 3.9 per cent to 1,851p after the [...]
Money Supermarket integrates with ChatGPT in battle to fend off AI threat February 20, 2026 Money Supermarket has launched its own ChatGPT app as the comparison service seeks to quell investor fears over the threat to its business from AI. The new ChatGPT app allows users to access Money Supermarket services directly within the ChatGPT interface, creating a conversational way to search, compare and find deals, without leaving the chat [...]
FTSE 100 Live: Retail sales inch up; Segro ups dividend February 20, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100 took a breather from its blistering record run on Thursday after a major stock tumble at British Gas owner Centrica led the index into the red. Centrica shed over five per cent after telling markets it would hit pause on its share [...]
I went to the Winter Olympics but I found Milan shrugging its shoulders February 19, 2026 Milan is parading its beauty at the Winter Olympics. The sun is out, the centuries-old streets are majestic and pristine. Prada, Gucci and Ralph Lauren logos plaster every corner, and there is no shortage of Michelin Guide restaurants. It’s no surprise that London has been haemorrhaging non-doms and wealthy investors to this glorious metropolis. But [...]
Annabel’s profit trebles as Mayfair club defies hospitality gloom February 16, 2026 One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]
Oak Furnitureland pares back losses as firm eyes showroom expansion February 16, 2026 Oak Furnitureland is eyeing further showroom expansion after the retailer improved its profitability. The Swindon-based business is targeting a host of new stores over the course of 2026 following the opening of a new showroom in Coventry in September, and is eyeing a refurbishment of at least half of its existing store estate by the [...]
FTSE 100 Live: Natwest bumper dividend, stocks tick up February 13, 2026 Good morning and welcome back to the City AM liveblog. The City was left stunned yesterday after Schroders entered into a surprise £10bn deal with Nuveen, which holds $1.4tn in assets, after speculation of a sale was rebuffed in July. Schroders Group chief Richard Oldfield had previously squashed rumours that the Schroder family, who control [...]
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 [...]
Greggs deals help Gerald Ronson’s forecourt business post £100m profit February 11, 2026 The petrol forecourt empire owned by City veteran Gerald Ronson has turned a profit just shy of £100m after an expansion in the firm’s partnership with Greggs. GMR Capital, the parent company behind forecourt firm Rontec, posted pre-tax profit of £98.4m for the year to end September 2025, a jump of 6 per cent compared [...]
Will Alphabet’s century bond start a new trend? A brief history February 11, 2026 This week Google owner Alphabet raised £1bn in a highly unusual century bond, in a sign of the extreme lengths tech firms are willing to go to to meet the ballooning capital costs of investment in AI. The 100 year sterling note formed part of a $32bn debt raise for Alphabet, following similar moves from [...]
