Law firms’ billing model faces disruption as clients turn to AI DIY advice October 15, 2026 Law firms are facing a new challenge as corporate clients are increasingly using their own in-house legal teams and AI tools to do legal work themselves, threatening the traditional growth and revenue model. According to new research from HSBC in their yearly UK Law Firm Strategy and Investment Survey, almost three-quarters of 100 law firms [...]
British firms reshape workforce for AI amid staff resistance to office return October 15, 2026 Top bosses at British businesses have said lingering resistance to returning to the office remains a challenge, as City firms focus on redesigning roles to support human-AI collaboration. According to KPMG’s 2026 global CEO outlook, investment in AI remains a top priority for global business leaders, as most British bosses (87 per cent) expect to [...]
Government’s AI tool eases probation work amid prison overcrowding measures October 14, 2026 The government introduced an AI transcription tool designed to help probation officers focus on reducing reoffending, as a second wave of prisoners were released early from overcrowded prisons. The Ministry of Justice (MoJ) and HM Prison & Probation Service (HMPPS) developed an AI transcription tool, ‘Justice Transcribe’, to help probation officers record meeting notes. After [...]
EY global revenue hits $57bn as AI demand fuels Big Four giant’s growth October 8, 2026 Big Four giant EY’s global revenue has hit $57bn (£43bn), up nearly 5 per cent on the previous financial year. EY-Parthenon’s strategy arm led the firm’s overall growth across all services lines, with a 7 per cent increase. Tax grew by 6 per cent, consulting by over 4 per cent, and assurance by 3 per [...]
Google DeepMind’s London AI drug spinout eyes $50bn valuation October 8, 2026 London-based AI drug discovery firm, Isomorphic Labs, is reportedly seeking a valuation of up to $50bn (£37bn) in fresh funding talks, just five months after raising $2.1bn from investors. The Google DeepMind spinout, led by Nobel Prize-winning scientist Sir Demis Hassabis, is in early discussions to raise new capital at a valuation of at least [...]
Central London Alliance Summit to bring London’s business and political leaders together to debate the future of the capital October 8, 2026 | Sponsored Business leaders, policymakers, entrepreneurs and leading voices from across London’s economy will come together on 14 October for the Central London Alliance Summit 2026, to debate the opportunities and challenges shaping the capital’s future. The Central London Alliance Summit 2026 will bring together hundreds of business leaders, policymakers, innovators and industry experts for a full [...]
Musk turns to rival Anthropic to power Grok October 7, 2026 Elon Musk has opted to buy competing technology as he is set to use rival Anthropic’s AI models to power parts of Grok, despite spending heavily to build his own AI challenger. Musk said on Wednesday that the Grok bot would use the “best back-end model for any given task”, including Anthropic’s latest Claude Opus [...]
Gen Z accountants think AI fluency gives them the edge over managers October 7, 2026 Young accountants are arriving in the sector confident in their AI skills, but a lack of soft skills is emerging as a new workplace divide. According to new findings from financial tech platform Intuit QuickBooks, based on responses from more than 1000 early-career accountants and finance professionals, almost all (90 per cent) said they will [...]
UK AI health rules could give firms ‘competitive edge’ as ministers back overhaul October 6, 2026 Experts have said Britain’s new approach to regulating AI in healthcare could give UK tech firms a “competitive edge” by letting them prove their technology in the NHS earlier. The UK government on Tuesday accepted all 44 recommendations of the National Commission into the Regulation of AI in Healthcare, paving the way for a shake-up [...]
The Times publisher deploys AI legaltech support lawyers – and reporters September 28, 2026 The publisher behind The Times and The Sun is bringing AI into the newsroom after investing in a legaltech tool that scans vast amounts of copy for libel and legal risks in minutes. News UK has invested in ClearDraft, an AI-powered content-clearance platform founded by media lawyers Alex Wade and David Burgess in late 2025. [...]