Trainline shares tumble after boss disembarks February 25, 2026 It’s the end of the line for the boss of Britain’s best-known rail ticketing app after Trainline chief executive Jody Ford said he would be quitting the business. Ford, who has been at the helm of the FTSE 250 company for more than six years, said he would stay in post until a search to [...]
HSBC bonus pot swells to 14-year record despite profit hit February 25, 2026 HSBC announced its bonus pot had swelled to an over decade high on Wednesday despite the bank recording a hit in annual profit as hefty impairment charges helped offset a boom in the bank’s wealth management operations. The FTSE 100 banking titan recorded a seven per cent drop in pre-tax profit for the annual year, [...]
Bureau Veritas: Sector-Leading Organic Revenue Growth of 6.5% in FY 2025 February 25, 2026 Strong margin improvement to 16.3% in FY 2025 Positive growth outlook with continued margin expansion in 2026 New EUR 200 million share buyback
FTSE 100 Live: Index hits record as HSBC, St James’s stock rally February 25, 2026 Good morning and welcome back to the City AM liveblog. There’s a number of factors weighing on global markets at the moment, and yet the FTSE 100 was able to close Tuesday’s session unscathed. It came despite President Donald Trump’s new 10 per cent tariffs coming into effect, sending some jitters across global indexes. But [...]
Exclusive: RFU insist they will retain key role in spite of crunch votes February 25, 2026 The RFU has insisted it will retain its key role across English rugby regardless of the outcome of two crunch votes this week which could see Prem Rugby ringfenced. On Friday the RFU Council will vote on proposals outlined in a recent Governance and Representation Review and is also set to approve plans, dubbed Project [...]
UK asset managers pile into cut-price software stocks after rout February 25, 2026 Two of Britain’s largest asset managers have bolstered their positions in under-fire software companies in a bet that markets are overestimating the harm that artificial intelligence will have on their business model. Aberdeen and Rathbones have both added to holdings data giants like Relx, Adobe and Experian, arguing that the firms’ cratering valuations are largely [...]
£40bn to restore Parliament? Maybe Guy Fawkes had the right idea… February 25, 2026 The reported £40bn cost of refurbishing the Palace of Westminster is not a serious proposal – it’s a distraction designed to outrage, writes James Ford We are all familiar with the Goldilocks principle of restaurant wine lists. Every wine list is part marketing ploy, part social gauntlet and pure psychological trickery. It is designed to [...]
The London Tunnels joins JP Jenkins after ditching Euronext February 25, 2026 The company behind plans to convert a set of secret Second World War tunnels beneath the City into a major new tourist attraction has today joined private securities venue JP Jenkins after quitting Amsterdam’s Euronext. The London Tunnels Ltd, which was set up in 2023, floated on the Dutch exchange in 2024 in a bid [...]
Wayve raises $1.2bn as self-driving firm gears up for robotaxi launch February 25, 2026 British self-driving car company Wayve has raised $1.2bn (£950m), ticking its valuation up to $8.6bn and marking one of the largest capital raises for a UK AI startup. The funding round was led by Eclipse, Balderton and Softbank Vision Fund 2, with new backing from investors like Ontario Teachers’ Pension Plan, Baillie Gifford, the British [...]
Reeves urged to cut bank tax as UK competitiveness lags February 25, 2026 Rachel Reeves is facing renewed calls to cut tax on the banking sector after new bombshell research laid bare the competitive disadvantage UK lenders are battling against. The Chancellor spared banks from a highly-anticipated fresh tax raid in the Autumn Budget but a new report – penned by the Association for Financial Markets (AFME) and [...]