British Gas owner shares tumble after buyback was paused February 19, 2026 London-listed energy giant Centrica shares plunged nine per cent on Thursday morning after the group paused its share buyback programme in the face of a major earnings hit. The owners of British Gas reported lower 2025 earnings than in the previous year, but the group says it was resilient in a challenging market. The group’s [...]
What does the Schroders acquisition mean for Cazenove Capital? February 19, 2026 The City was stunned last Thursday, after one of London’s oldest financial institutions entered a surprise mega deal with an American investment firm. Schroders announced it had agreed a £9.9bn takeover by Nuveen, ending over two centuries of independence for the asset manager. The shock acquisition is set to create one of the world’s largest [...]
Law firms exposed as legal AI giants on poaching mission of tech talents February 19, 2026 The legal world is facing a new kind of talent war, with law firms and tech companies battling to attract the sharpest minds. As legal tech grows, the fight for experienced lawyers is heating up. Think back to a few years ago, when the war for talent dominated the headlines after the US firms in [...]
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 [...]
The Capitalist: Standard Life scrambles to avoid ‘STD’ ticker February 19, 2026 What's in a name? A whole lot of issues for Standard Life's new Stock Exchange ticker; delve into that and more in The Capitalist.
The many ways the system is failing graduates like me February 19, 2026 Graduates are facing a two-pronged attack from a shrinking jobs market and an expanding welfare state that actively incentivises us to live off benefits, says Oliver Dean In recent weeks, the graduate crisis has garnered significant attention. As someone set to graduate this summer, I am in the same boat as hundreds of thousands of [...]
Exclusive: Octopus to swerve new private stock exchange February 19, 2026 Octopus Energy will not join the delayed Pisces private stock market when it launches, its boss Greg Jackson has said, in a sign the utilities giant is distancing itself from the project after attending an event for interested companies last summer. Jackson told City AM that his multi-billion-pound firm had “no plans” to trade its [...]
Modernisation and missteps: Lloyd’s of London struggles for a new era February 19, 2026 Lloyd’s of London, one of the world’s largest (re)insurance markets, has faced its fair share of battles in recent years, and one of the biggest fights has been against itself and its old-fashioned ways. Back in 2018, the incoming chief executive, John Neal, had an ambitious mandate: to restore stability and modernise Lloyd’s following a period [...]
Cash ISA changes add complexity to the market, says building society February 18, 2026 The government’s decision to cut the cash ISA tax-free ceiling has added “complexity” to the market, a building society executive has said, as Britons still seek to have a cash safety net. Speaking in an interview with City AM, Stuart Haire, chief executive of Skipton Group has said that while the government was correct to [...]
If MPs can’t fix the Palace of Westminster, how will they fix Britain? February 18, 2026 The Palace of Westminster is a perfect mentonym for the state of Britain. It’s recognised and envied the world over. It’s both ceremonial and functional, ancient and modern. Like our democracy, it’s beautiful, but it’s also broken, infested with pests and at imminent risk of immolation in a ball of fire. Yet our entire political [...]