London AI jobs boom as Anthropic salaries hit £630k May 26, 2026 London’s AI hiring race is accelerating at dizzying rates, with Anthropic offering some engineers in the capital as much as £630,000 a year as Big Tech firms battle for AI talent. The US AI giant, backed by Amazon and best known for its chatbot Claude, is currently hiring for over 40 London roles as it [...]
Mia Drennan: I was selling Macks in Debenhams – now I run a unicorn May 26, 2026 It took Mia Drennan 400 meetings to get her loan agency off the ground. Over 15 years later, she speaks to Ali Lyon about the recent investment that took the firm to fabled unicorn status, and what lies next. It is half-past-five on a balmy Thursday evening and in a cavernous central London office, a [...]
Next boss slams Labour’s zero-hour contracts crackdown May 26, 2026 The boss of Next has slammed the government’s crackdown on zero-hour contracts and called on Labour to unwind its “employment taxes”. Lord Simon Wolfson, chief executive of the FTSE 100 retailer, said the government’s plans to force employers to offer guaranteed hours to those on flexible contracts will make it “much harder” for Next to [...]
Poor investor communication is holding back Britain’s listed companies May 26, 2026 UK-listed companies are losing the confidence of retail investors, as shareholders complain of weak communication, poor transparency, and limited access to chief executives, according to new research from InvestorHub and ShareSoc. More than half of investors surveyed said transparency was missing from company communications, while almost half said listed businesses failed to provide sufficiently clear [...]
VVV Sports eyes Nasdaq listing after £5m raise for US expansion May 26, 2026 London-listed VVV Sports, believed to be the only public pure-play vehicle for investing in padel and pickleball, is planning to join Nasdaq later this year. The company, founded by British entrepreneur Jonathan Rowland, will retain its place on the Aquis stock exchange but is seeking a dual listing as it expands its US footprint. Before [...]
As it happened: Petrol prices surge to Iran war record as Kingfisher helps lift stocks higher May 26, 2026 Good morning and welcome back to the City AM liveblog. The City is returning from the Bank Holiday break to find the tensions in the Middle East continuing in a stalemate – or perhaps a further escalation than last week. After days of threats President Donald Trump has issued a strike on Iran, which he [...]
Labour has become the party of welfare, not work May 26, 2026 A generous interpretation of events would be to concede that Labour has avoided any attempt at welfare reform because it’s been waiting for the conclusions of Alan Milburn’s review into the crisis of youth unemployment. Milburn, who served as health secretary under Tony Blair, will publish the first part of his government-commissioned report this week, [...]
End quantitative tightening now May 26, 2026 Ending active quantitative tightening is not monetary loosening. The Bank must stop adding avoidable pressure to the gilt market.
James Reed: UK needs entrepreneurs desperately. So I’m gonna fund them May 26, 2026 My father founded Reed in 1960 with just £75. My new fund will help create the next generation of entrepreneurs, says James Reed.
How can we trust the justice system when AI is hallucinating evidence? May 26, 2026 AI-hallucinated evidence in court has become a structural issue that needs a procedural response, writes Nicholas Blomfield.