THG rises after revenue beats top end of guidance January 13, 2026 THG shares rose on Tuesday after the e-commerce business boasted a surge in second-half revenue amid a rise in Christmas season demand. The Manchester-based business, known for its wellness and beauty brands like Myprotein and Lookfantastic, said its second-half revenue came in around 14 per cent ahead of the top end of its guidance, led [...]
FTSE 100 Live: UBS to get new boss; Premier Inn leaseback deal January 13, 2026 Good morning from the City AM liveblog team. What’s an easy way to tell apart a developed country from a less developed one? One straightforward yardstick is the behaviour of state institutions and their relationship to government. If they are well run, they are operated by professionals independently from the executive. Or – the executive [...]
Why the FTSE is enjoying a winter uptick January 13, 2026 Amid AI bubble worries, London's FTSE is luring in American investors seeking greater diversification, writes Susannah Streeter.
Data centre planning applications rocketed more than 60 per cent in 2025 January 13, 2026 Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]
BCG warns the era of ‘wait and see’ is dead as global risks hit all-time high January 12, 2026 As concerns over global policy uncertainty reached a 20-year peak in 2025, BCG is warning that the issue must be a core business capability, with dedicated teams. Business leaders cite trade reconfiguration, weakening multilateral institutions, and the weaponisation of economic tools as persistent threats to business continuity and competitiveness. However, a report by the IMD [...]
OpenAI could face more hurdles for IPO than Anthropic January 12, 2026 As artificial intelligence giants inch towards the public markets, copyright litigation is becoming an increasingly influential factor in how investors assess risk. And with that in mind, Anthropic appears to be starting from a less complicated position than its larger rival, OpenAI. Analysts at Bloomberg Intelligence have said the Claude founder faces “significantly less legal [...]
Ofcom investigation launched into Grok AI deepfakes on X January 12, 2026 The media and online safety watchdog has announced an investigation into Elon Musk’s X, to determine whether the platform has done enough to protect Brits from explicit deepfakes generated by its Grok AI. Ofcom pointed to “deeply concerning reports of the Grok AI chatbot account on X being used to create and share undressed images [...]
Former F1 champion Nico Rosberg raises $100m for VC fund January 12, 2026 Former Formula 1 world champion Nico Rosberg has raised $100m for his venture capital firm as the German expands his business portfolio. Lewis Hamilton’s ex-teammate saw Rosberg Ventures, for which he is founder, close its third round this month in a process he described as “oversubscribed with unprecedented demand”. It leaves the organisation with more [...]
AI and defence demand for chips sends IQE shares soaring January 12, 2026 Shares in semiconductor giant IQE surged 25 per cent to 9.18p on Monday morning, after the wafer supplier said it expects its full year results to hit the upper end of its guidance, thanks to a recovery in AI and defence-related demand. The Cardiff-based company now forecasts 2025 revenue of around £97m, and adjusted earnings [...]
Trump official warns UK on ‘Russia-style’ X ban after Grok row January 11, 2026 A key Trump administration official has sent the UK a firm warning following speculation Elon Musk’s X platform may face a ban after a scandal around AI-generated images. Sarah Rogers, under-secretary for public diplomacy at the US State Department, issued a series of messages criticising the UK on the rumoured ban. Rogers said the UK [...]