‘Hundreds of outdoor drinkers’: City AM’s Pub of the Week is The Wren on Watling Street February 18, 2026 If you’re looking for a man in finance, go to TikTok, where videos streamed millions of times tell you to go to Watling Street. It’s the skinny lane with St Paul’s Cathedral at the end and four pubs along it, where in the summer hundreds tightly pack with al fresco pints. Ye Olde Watling, where [...]
Exclusive: NHS must keep medicine clawback down or lose investment, says weight-jab boss February 18, 2026 The NHS must keep its medicines clawback tax low and predictable or else risk disrupting the rollout of weight-loss drugs in the UK, Novo Nordisk’s UK chief has said. Sebnem Avsar Tuna, general manager of UK operations for the Ozempic and Wegovy maker, told City AM the Government must keep in place the current ceiling [...]
We have created the worst possible system of government February 18, 2026 Keir Starmer does not appear to have many original thoughts (aides say he doesn’t read books while the PM himself told a baffled journalist that he doesn’t have dreams) so it’s no surprise that one of the few interesting things he’s ever said was in fact first uttered by one of his predecessors. Boris Johnson [...]
Londoners want the police to treat crime as if it’s actually illegal February 17, 2026 Having denied that London is experiencing a crime wave for years, Sadiq Khan’s announcement of crackdown on phone theft is an admission that the capital is less safe than it should be, says Lawrence Newport For years, Sadiq Khan has told Londoners not to believe their own eyes. Londoners have borne witness to the worst [...]
Jefferies: Starmer unlikely to be in office by July February 17, 2026 Sir Keir Starmer is likely to be ousted from office before the end of July, according to a top investment bank which warned that irrespective of whether there’s a change in leadership the Labour party is likely to lurch leftwards on economic policy. Analysts at Jefferies said the Prime Minister had been left vulnerable by [...]
Hamilton Lane’s Erik Hirsch: We’re seeing a private credit witch hunt February 17, 2026 Depending on which central banking chief you talk to, the burgeoning private credit industry is either a cause of insomnia, a “dark corner” of finance or an arcane lending practice whose participants are behaving like bankers in the run-up to the global financial crisis. To Hamilton Lane boss Erik Hirsch, though, it is simply an [...]
‘What if a blind person falls over an e-bike?’: The untenable rise of whataboutism February 17, 2026 Rowing about hypothetical dangers like e-bikes on pavements is turning London into a febrile City, scared of progress, writes Michael Martins.
Defence stocks rally after Starmer vows to ‘go faster’ on spending pledge February 17, 2026 Investors piled into defence stocks on Monday after Keir Starmer said the UK needed to “go faster” on defence spending to combat the growing threat from Russia. The Prime Minister warned that the UK needed to “step up” its defence commitments amid reports that he wants to ramp up the defence budget by tens of [...]
Babcock shares surge as Starmer calls for Europe to ‘step up’ on defence February 16, 2026 Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step up” on defence spending. Babcock – which plays a key role in the UK’s nuclear submarine fleet as well as naval, land and air operations – surged nearly four per cent in early trading to [...]
FTSE 100 Live: Zurich and Beazley £8bn deal gets time; Defence and bank stocks rally February 16, 2026 Good morning and welcome back to the City AM liveblog. The first round of 2026 tech wobbles kicked into action last week and revived fears of an AI bubble. When Anthropic released a new AI tool designed to help in-house legal teams triage agreements and draft routine responses, the reaction trickled down through law firms straight into [...]