And finally, the UK’s blue-chip share index has ended the day at a new closing high.

The FTSE 100 has closed 87.75 points higher at 10,402 points, as investors continue to move into old-economy stocks as AI fears hit the software sector.

Gambling firm Entain (+10.4%) was the top riser, followed by services firm DSS (+7.8%) and then pharmaceuticals group GSK (+6.9%), which hit a 26-year high after reporting financial results this morning.

Beazley closed nearly 6.9% higher too, after Zurich Insurance reached an agreement on “key terms” of an £8bn takeover offer for the company.

But fallers included accountancy software firm Sage (-2.9%), as Anthropic’s launch of an AI legal tool continued to rattle data…