Business · 12 February 2026

Artificial intelligence fears hit UK wealth and insurance stocks

Shares in major British wealth management firms and price comparison websites have plummeted due to growing anxiety over artificial intelligence disruption. St James’s Place and Mony Group saw significant declines after US tech firms launched AI tools capable of automating tax strategies and insurance quotes. Analysts warn that these agentic technologies could severely impact revenue models.

By BriefTea Editorial · 12 February 2026 at 11:48

Reported by Guardian · How we write briefs

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