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      Financial watchdog announces motor finance redress scheme, sparking potential banking sector mergers and acquisitions wave

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Tech

  • ‘A London Marathon every weekend? I think we can get to that – and sell out’

    Sport Business

    Sam Browne, co-founder of the tech platform, Let’s Do This, which runs the London Marathon ballot, on its rapid growth… and the coming AI revolution. On Sunday 59,000 keen runners, amateur plodders and fundraisers dressed as, among other things, a pair of testicles will line up to take on the London Marathon.  This year’s ballot [...]

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  • Magic circle Freshfields to co-build legal AI with Anthropic

    Tech

    Magic circle law firm Freshfields has signed a multi-year agreement with AI giant Anthropic, giving the firm easy access to Anthropic’s latest AI models and collaborating to help design Anthropic’s next-generation offerings. As part of the deal, Freshfields has rolled out Anthropic’s Claude models to its entire global workforce of 5,700 users across 33 offices, [...]

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  • Meta to cut 8,000 jobs as AI spending soars

    Tech

    Meta Platforms is set to cut around 8,000 jobs next month as it ramps up spending on AI, in what marks one of the company’s largest rounds of layoffs in recent years. The move, as first reported by Bloomberg, will see roughly 10 per cent of Meta’s workforce cut, alongside plans to leave thousands of [...]

    Meta's Zuckerberg is leading the AI recruitment boom
  • ‘China data theft’: 500,000 Britons’ details put for sale online

    April 23, 2026

    The government has revealed that confidential medical data belonging to half a million Brits was put up for a sale on a website in China.  Data stored in UK Biobank, the world’s most comprehensive set of information on health that is used by scientists for research, was put on Alibaba.  The data did not contain [...]

  • AI-focused services make up 40 per cent of BCG’s 2025 revenue

    April 23, 2026

    The global revenue of the consultancy group Boston Consulting Group (BCG) reached $14.4bn (£10.6bn), a single-digit increase over the previous year, credited to AI. BCG reported seven per cent global revenue growth, rising to $14.4bn in 2025 from $13.5bn in 2024, marking its 22nd consecutive year of growth. The firm said its AI-and tech-focused services [...]

  • Barclays and Lloyds picked for City watchdog’s AI live testing

    April 21, 2026

    Barclays has joined the second cohort of firms selected by the UK’s financial watchdog to get a safe run at testing AI as banking giants battle to bulk up their tech capacity. The FTSE 100 constituent will join its peer Lloyds Banking Group – which will be represented by its subsidiary Scottish Widows – as [...]

  • Ofcom launches probe into Telegram over child safety failures

    April 21, 2026

    The UK’s communications regulator has launched a probe into Telegram after evidence emerged that child sexual abuse material was being shared on the platform. Ofcom announced on Tuesday that it has also opened investigations into teen chat sites Teen Chat and Chat Avenue, assessing whether the platforms are meeting their legal duties to protect children [...]

  • Trojan tools: AI is professional services’ newest cyber liability

    April 21, 2026

    As the UK government ramps up pressure on businesses to strengthen their cyber defences over Anthropic’s Mythos, professional services firms are already feeling increasingly anxious about cybersecurity. In the last month, a hacker gained access to one of Bain & Co’s internal AI tools, which followed another attack that exposed cybersecurity flaws in a system [...]

  • Clio founder: We may not have the hype of Jude Law, but our data beats any AI rival

    April 21, 2026

    Legal tech Clio’s boss tells senior reporter Maria Ward-Brennan that, with rivals closing in, the firm is betting that proprietary data, not hype, will determine its competitive edge in the AI race.In a competitive landscape, Clio founder and CEO Jack Newton believes his legal tech firm is in a “great position” in the marketplace, because [...]

  • EV sales surge as oil shock drives shift from petrol

    April 20, 2026

    Electric car sales are accelerating across Europe, as rising fuel prices and tensions linked to the Iran conflict push drivers away from petrol and diesel. Battery electric vehicle (BEV) registrations jumped 51 per cent year on year in March across 15 European markets, with over 224,000 new electric cars sold in one month, according to [...]

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