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      Anthropic’s growth slows ahead of IPO as AI spending bill nears $900bn

      Dario Amodei, CEO of Anthropic, speaking at a tech conference podium, wearing a suit and addressing the audience.

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      Commonwealth Games generated £223m for Scotland

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      London Watch Week – The City Edition mega preview, featuring Christopher Ward, Nomos and more

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Politics

  • Labour calls for business rates relief in Hunt’s autumn statement

    November 10, 2022

    Labour has called for Jeremy Hunt to provide tax relief for small businesses in his autumn fiscal statement as firms stare down rates hikes in April. Labour deputy leader Angela Rayner told City A.M. today that the chancellor “must” next week axe the planned inflation-linked increase to business rates, while calling for a complete tax [...]

  • Police made almost 2,500 arrests of environmental protestors in past year

    November 10, 2022

    The Police have arrested more than 2,400 activists from environmental groups in the past year, it has been revealed.  Almost seven campaigners a day have been detained from Just Stop Oil, Extinction Rebellion and Insulate Britain groups, between 3 November 2021-2. The figures were obtained by a Freedom of Information Request from City A.M., but [...]

  • No need for EU: UK strikes major post-Brexit science and research deal with Switzerland

    November 10, 2022

    The UK and Switzerland have signed a major agreement deepening the relationship between the two countries’ research and innovation communities, the two countries said this morning. Both countries are excluded from the EU’s science partnerships. The deal was signed by UK Minister of State for Science, Research and Innovation, George Freeman MP, alongside Federal Councillor [...]

  • Former Chelsea owner Roman Abramovich to receive apology from Jersey Police over ‘illegal’ searches

    November 10, 2022

    Roman Abramovich will receive an apology over illegal searches conducted by a Jersey police force, it has been revealed. A court order seen by City A.M. said the force on the Channel Island of Jersey acted illegally when conducting searches at properties reportedly connected to the billionaire in April 2022. The Russian-born Israeli oligarch was [...]

  • Did you watch? Matt Hancock’s frosty jungle debut met with ridicule, disbelief and laughter

    November 10, 2022

    Matt Hancock’s highly anticipated arrival in the jungle was met with a mixture of shock, incredulity and uncontrollable laughter from his fellow I’m A Celebrity… Get Me Out Of Here! campmates. The former health secretary, 44, joined the cast of the ITV reality show on Wednesday, after facing much criticism over his decision from the [...]

  • London SMEs ‘choked off’ from government contracts, says Labour

    November 9, 2022

    The government is “choking off” opportunities for London SMEs by missing targets in awarding government contracts, Labour deputy leader Angela Rayner has said. Rayner today told City A.M. that the public procurement process was a “Tory racket”, with new figures showing just a quarter of London SMEs have been successful in their bid to win [...]

  • Russia retreats from Kherson in major setback for Putin

    November 9, 2022

    Russia has ordered its troops to retreat from the Ukrainian port city of Kherson in a major setback for Vladimir Putin’s war effort. Russian general Sergei Surovikin today said it was no longer possible to supply the city and the western bank of the River Dnipro. Kherson, which had a pre-war population of 280,000, was [...]

  • Nurses to strike before the end of the year in historic vote

    November 9, 2022

    Nurses in the UK have voted in favour of striking before the end of the year, in the first walkout of its kind. NHS appointments are set to be cancelled after the historic vote from members of the Royal College of Nursing (RCN) union. RCN said its members in the majority of NHS employers in [...]

  • Lisa Osofsky to step down as SFO director in August 2023

    November 9, 2022

    Lisa Osofsky is set to leave her position as director of the UK’s Serious Fraud Office (SFO) in August 2023 after completing a five-year stint at the fraud investigation agency. Osofsky told staff she will serve her full tenure before leaving the agency, according to an internal message sent out by the SFO chief. In [...]

  • Ex-minister Harriett Baldwin elected as Treasury Committee chair

    November 9, 2022

    Tory MP Harriett Baldwin has been elected as the new chair of the Treasury Select Committee, after prevailing in a cross-party ballot. Baldwin, a former Treasury and defence minister, defeated former cabinet ministers Andrea Leadsom and Kit Malthouse in the vote. Baldwin will begin the role immediately, after previous chair Mel Stride was recently appointed [...]

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