FTSE 100 Live: Inflation falls to near year-low; BAE leads stock rally February 18, 2026 Good morning and welcome back to the City AM liveblog. Inflation has fallen to a near year-low this morning hitting its slowest pace since March and fuelling hopes that the Bank of England will take the chop to interest rates next month. New data from the Official for National Statistics showed rose the Consumer Price [...]
What happens if workers start wearing Meta glasses to the office? February 18, 2026 Meta smart glasses are going from niche to norm, so what happens when people start wearing them in the office, asks Paul Armstrong.
Employment Rights Act changes could cost Premier League clubs millions February 18, 2026 Premier League clubs could be forced to pay millions in player dismissal fees when Labour changes to the Employment Rights Act come into force next year. It comes as the UK’s unemployment rate reached a near five-year high on Tuesday morning. The Employment Rights Act, a brainchild of former deputy Prime Minister Angela Rayner, will [...]
John Lewis boosts staff pay despite losses February 18, 2026 Retail giant John Lewis has announced a £108m investment in staff pay despite losses at the retail giant tripling over its last financial year. The John Lewis Partnership, which also owns supermarket Waitrose, announced on Wednesday it will hike shop floor pay by 6.9 per cent, which it says will boost the pay packet of [...]
Back Dragon to rise to the Top in Year of the Horse Cup February 17, 2026 EXPECT a huge crowd at Sha Tin in Hong Kong on Thursday as the Chinese New Year race day gets underway with an 11-race programme, featuring the Year of the Horse Cup (7.00am) over a mile. This is the day when horse racing fans arrive at the track armed with all their lucky pens, keyrings, [...]
LA mayor calls for Wasserman resignation over Epstein files mention February 17, 2026 The mayor of Los Angeles has called on Casey Wasserman to resign as chairman of the 2028 Olympic Games after his name was found in a recent dump of the Epstein files. Karen Bass told US Network CNN that she “cannot fire him” but said that Wasserman, whose namesake talent and sports marketing agency is [...]
Businesses to rush redundancies ahead of new Employment Rights changes February 17, 2026 Businesses plan to carry out a “clean up” of redundancies by the end of the year in anticipation of the Employment Rights Act coming into force next January. The government’s plan to remove the unfair dismissal cap in its Employment Rights Act will lead to more claims, especially among higher-earning employees. To avoid expensive layoffs [...]
Is AI really to blame for Britain’s rising unemployment? February 17, 2026 Unemployment has risen to 5.2 per cent, the highest level since 2021, as the UK’s labour market continues to cool. But how much of that stagnation can reasonably be attributed to AI? The latest Office for National Statistics (ONS) figures show the jobless rate climbed in the three months to December, while the number of [...]
Brewdog faces hangover from ‘punk’ investment model February 17, 2026 Once offering a craft beer revolution to its “punk” investors, Brewdog’s likely sale has angered some of its thousands of small-scale shareholders and could see the brand’s elements be flogged off in segments. The UK’s largest independent brewer kickstarted the country’s craft beer obsession and challenged traditional financing models by offering cheap shares to consumers. [...]
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 [...]