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Business

  • CLIQ: The app combating loneliness is growing its network

    February 17, 2026

    After living in Australia for a period of time, Nicola Gunby and Jason Iliffe wanted to find a community of friends upon moving to London post pandemic, but like many others moving to the capital, they found themselves isolated in one of the world’s busiest cities. Frustrated by a lack of meaningful ways to meet [...]

  • FTSE 100 Live: Unemployment rises; Debenhams’ £35m raise

    February 17, 2026

    Good morning and welcome back to the City PM liveblog. The UK unemployment rate has risen again this morning, with fresh data from the Office for National Statistics (ONS) showing the rate had surged to 5.2 per cent in the three months to December 2025. This was up from 5.1 per cent in the latest [...]

  • ‘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 [...]

  • Exclusive: RFU monitoring possibility of protests against stadium sponsor Allianz

    February 17, 2026

    The Rugby Football Union is closely monitoring the possibility of protests against sponsor Allianz ahead of this weekend’s Six Nations clash between England and Ireland in Twickenham. Irish sport has seen a backlash over the insurance giant’s sponsorship of the Gaelic Athletic Association (GAA) amid the German firm’s alleged links to military companies which trade [...]

  • Winter Olympics 2026: How insurance keeps Milano Cortina on track

    February 17, 2026

    Every four years, the world’s greatest athletes fight to take gold, but it’s the unseen safety nets, drafted by insurers, that keep the Winter Olympics running smoothly. German-based Allianz became the exclusive insurance partner of the International Olympic Committee (IOC) in 2021, with coverage until the 2032 summer games in Brisbane, under the oversight of [...]

  • Regulator mulls audit changes to attract Chinese listings

    February 16, 2026

    The audit regulator is considering a temporary change in its accounting rules which would make it easier for Chinese firms to list in London.  The proposal is the latest regulatory reform designed to make the UK a more attractive place for international companies to list.  In a statement, the Financial Reporting Council (FRC) said it [...]

  • Musk’s X suffers third outage of the year as thousands report issues

    February 16, 2026

    Social media platform X has been hit by a widespread outage, with thousands of its users reportedly unable to access the site and app. Over 3,000 users in the UK flagged issues shortly after 1pm on Thursday, according to data from Downdetector, while over 40,000 reports were flagged in the US at the height of [...]

  • Keir Starmer U-turns on plans to cancel 30 local elections

    February 16, 2026

    The government has shelved plans to postpone local elections in May for 30 councils in England.  Communities secretary Steve Reed says the decision comes “in the light of recent legal advice”, and ahead of a planned High Court hearing that was set for Thursday.  According to a letter from the Government Legal Department, shared by [...]

  • Annabel’s profit trebles as Mayfair club defies hospitality gloom

    February 16, 2026

    One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]

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