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Business

  • From mild to wild: What impact will AI have on banking jobs? 

    June 10, 2026

    Top banking bosses have issued their AI verdict after Standard Chartered stunned the sector with plans for sweeping job cuts last month. In this week’s column Samuel Norman looks at whether a reckoning could be on the horizon. The big-name banker must have known how the conversation would go when he arrived for lunch with [...]

  • GSK says AI is reshaping drug pipeline as Nuvalent deal hits shares

    June 9, 2026

    GSK has said agentic AI is already affecting every asset in its pipeline, as pharmaceutical firms race to use the technology to cut the cost and risk of developing new medicines. Speaking at London Tech Week in Tuesday, Eyal Itskovits, GSK’s director of AI and machine learning, said that the technology has officially become a [...]

  • VodafoneThree enters race for TalkTalk customers with takeover bid

    June 9, 2026

    Vodafone has tabled a bid for TalkTalk’s consumer broadband business, joining a crowded auction as the UK’s largest mobile operator pushes into the home internet market. The FTSE 100 telecoms giant has emerged as a late entrant into the sale process, after initially declining to participate, the Financial Times first reported. Sources close to the [...]

  • London Tech Week day two: Talent alone won’t be enough

    June 9, 2026

    The UK’s universities remain some of its strongest assets, but talent alone does not determine success, writes London Tech Week's Russ Shaw.

  • UK Government warns Joe Joyce against travelling to Russia for Moscow fight

    June 9, 2026

    The UK Government has warned Joe Joyce against travelling to Russia after the British heavyweight boxer agreed to fight Artem Suslenkov in Moscow next month. The 2016 Olympic silver medallist will head to the 14,000-capacity VTB Arena next month to take on the unbeaten Suslenkov, from Volgograd, amid Russia’s continued military operation in Ukraine. Vladimir [...]

  • Liz Kendall hails ‘Brit-maxxing’ as Labour bets £1.1bn on AI chip race

    June 9, 2026

    Britain must stop listening to the “doubters, doom-mongers and naysayers” and double down on its strengths in AI, Liz Kendall said as she unveiled a £1.1bn package aimed to turn the UK into a global AI hardware powerhouse. Addressing London Tech Week attendees on Tuesday, the tech secretary embraced the conference’s now-familiar “London maxxing” mantra, [...]

  • Starmer: X is responsible for fake Farage and Bailey fight images 

    June 9, 2026

    Sir Keir Starmer has said tech firms must take responsibility for fake images depicting a brawl between Nigel Farage and Bank of England governor Andrew Bailey.  Multiple AI-generated images of Farage and Bailey fighting have been spread on X, with the links appearing to lead to a scam.  The Prime Minister’s spokesman said “there is [...]

  • Justice For Players hopeful of Fifa deal in football class action after Diarra settlement

    June 9, 2026

    Justice For Players insists its multi-billion-pound claim against Fifa has been strengthened by the governing body settling with the man who triggered the class action, Lassana Diarra. Diarra’s lawyer Jean-Louis Dupont confirmed on Tuesday that his client had reached agreement with Fifa and the Belgian football federation over an out-of-court settlement in relation to the [...]

  • ‘We do not accept the FCA’s characterisation’: Neil Woodford firm responds to watchdog

    June 9, 2026

    Former star fund manager Neil Woodford’s comeback venture has hit back at the UK financial watchdog, arguing it ‘does not accept’ the regulator’s characterisation of the business after the FCA launched civil proceedings. W Four Point Zero FZE, which trades as W4.0 and is registered in the United Arab Emirates, rebuffed the Financial Conduct Authority’s [...]

  • Pret A Manger dumps US franchise agreement after just two years

    June 9, 2026

    Pret A Manger has dumped the franchise agreement which it had launched to expand in the US after just two years, its latest accounts revealed. The coffee chain formed a joint venture, known as Empire JointStar, with its franchise operator Dallas Holdings in October 2023, in a bid to accelerate its expansion in the US. [...]

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