Four funky and flavoursome Jamaican Rums February 12, 2026 Jamaican Rum has a distinctive style that sets it apart from other Caribbean rum styles. As rum production on the tropical island progressed, distillers developed a unique additional process, which involved adding leftover liquid from the still, or dunder, into the next fermentation to ramp up the funky notes in the final products. Here are [...]
Greggs deals help Gerald Ronson’s forecourt business post £100m profit February 11, 2026 The petrol forecourt empire owned by City veteran Gerald Ronson has turned a profit just shy of £100m after an expansion in the firm’s partnership with Greggs. GMR Capital, the parent company behind forecourt firm Rontec, posted pre-tax profit of £98.4m for the year to end September 2025, a jump of 6 per cent compared [...]
Truespeed and Freedom Fibre Announce Strategic Combination February 11, 2026 Truespeed Communications and Freedom Fibre announce they have signed an agreement to combine their businesses, creating a scaled, capital-efficient full fibre platform. The combined entity will play a leading role in the ongoing consolidation of the UK alternative network (“altnet”) sector. This merger brings together two highly complementary, effectively unlevered, businesses with a combined footprint [...]
UK wealth managers endure share price plummet amid AI tool fears February 11, 2026 Shares in some of the UK’s largest wealth managers tumbled on Wednesday, as investors grew concerned about the potential competitive pressure from a new AI-led investment tool. Britain’s biggest wealth group, St James’s Place, suffered a 12.7 per cent drop, trading at 1,265 pence, after US-based wealth management platform Altruist launched a tool to help [...]
CVC’s Global Sport Group to announce deal with Gordon Brown-linked Pimco February 11, 2026 CVC Capital Partners’ new sporting arm Global Sport Group is set to announce a deal with Gordon Brown-associated asset management group Pimco. The deal will see the firm which manages around $2 trillion in assets heavily involved in debt financing, according to Sky News’ Mark Kleinman. The senior debt financing is set to be worth [...]
Mind the G: Guinness takes over tube platforms in TfL brand deal February 11, 2026 Commuters with sore heads and a creeping sense of dread may fear they’ve seen a mirage when alighting from the Northern Line platforms at Tottenham Court Road for the next week. Eleven tube route maps in the station have been temporarily resigned to mimic a pint of Guinness in Transport for London’s (TfL) latest advertising [...]
Womble Bond Dickinson Energy Outlook 2026: UK Energy Capacity Growth Lags Global Average Amid Rising Costs and Delays February 11, 2026 The global energy sector is facing mounting pressure as accelerating demand collides with grid constraints, rising project costs, and shifting government policies, according to Womble Bond Dickinson’s Energy Outlook 2026. Based on insights from more than 650 senior leaders across energy companies, investors, service providers, and energy-intensive consumers worldwide, the research highlights the difficulty of [...]
Patria Prepares Next Vintage of Latin America Private Credit Strategy to Capture Structural Scarcity in Corporate Lending February 11, 2026 Builds on successful close of US$314 million dedicated Latin America private credit vintage and expands Patria’s 26-year, US$12.3* billion AUM regional credit platform Highlights: Patria is preparing the next vintage of its Latin America private credit strategy, targeting an under-levered corporate credit market where reliable capital is scarce. Across more than 210 private credit and structured transactions, Patria has deployed more than US$3.1 billion across 24 industries and seven countries and delivered a historical unlevered IRR of 14.3% (USD deals), with consistent performance driven by structure and selectivity, not macro timing. The portfolio reflects a focus on senior secured, US dollar-denominated loans structured with robust collateral, covenants, and cash-flow protections for mid-market and family-owned borrowers. As of 31 December 2025, the fund deployed more than 70% of capital into 14 transactions. Private credit represents less than 1% of a roughly US$2.3 trillion Latin American corporate credit system1, reflecting limited institutional allocation and a small number of scaled, dedicated managers.
GitLab Transcend Showcases How Intelligent Orchestration Helps Accelerate Innovation Velocity Across the Software Lifecycle February 11, 2026 Keynotes by GitLab Chief Executive Officer Bill Staples and Chief Product and Marketing Officer Manav Khurana highlighted the company’s strategy and innovations Customer and partner sessions featured Southwest Airlines® and Oracle Cloud Infrastructure group Demonstrations of AI agents working across the software lifecycle, a virtual hackathon for developers to create custom agents, and a new assessment program to help organizations chart their modernization path for software development
FTSE 100 Live: Heathrow traffic record; Homebuilders call for help February 11, 2026 Good morning and welcome back to the City AM liveblog. Yesterday the FTSE 100 retreated on a slew of miserable corporate news. Leading the blue-chip index’s downturn was BP, which announced it would suspend its share buyback programme and increase cost-cutting goals as it looks to reverse its fortunes in the next financial year. The [...]