As it happened: FTSE 100 rallies as economy beats forecasts; oil falls back September 11, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index rallied on Friday after the economy beat forecasts in July, surprising those in the City who had expected to see growth peter out. The Office for National Statistics (ONS) has revealed that the UK economy’s (GDP) grew by 0.4 per cent in July, [...]
OpenAI alum moves into ChatGPT maker’s old office in push to serve UK’s fintechs September 11, 2026 A tech firm founded by OpenAI alumni has set up shop in the ChatGPT maker’s old office as it sets its sights on serving the UK’s top fintechs, City AM can reveal. Dust, an AI platform founded by former OpenAI and Stripe engineers Stanislas Polu and Gabriel Hubert, has taken a lease at the Fora [...]
Anthropic touts ‘strongest safeguards’ as AI warning dogs IPO push September 10, 2026 Anthropic has defended its safety record after an exiting researcher accused the AI behemoth of “gambling with our lives”, as scrutiny builds ahead of a possible IPO. The Claude maker said it has “some of the strongest safeguards in the industry” and has long been open about the risks posed by increasingly powerful AI. “We [...]
Apple shares slip as iPhone price hikes steal foldable’s thunder September 10, 2026 Apple shares slipped after investors gave a muted reception to new chief executive John Ternus’s launch of the tech giant’s first foldable iPhone alongside a string of price rises. The iPhone maker entered the foldable market on Wednesday with the $1,999 (£1,480) iPhone Duo, more than seven years after Samsung first brought the format to [...]
As it happened: FTSE 100 dives as oil marches to $106; Trump threatens long war September 10, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index shed as much as 0.4 per cent on Thursday morning, as Associated British Foods’ 11 per cent dip cancelled out modest gains from London’s oil majors and consumer giants like JD Sports and Whitbread. Despite recent expectations that the Iran war is far [...]
Playtech’s legal spat with rival deepens after publication of secret report September 9, 2026 Playtech’s long-running legal feud with rival Evolution has deepened after the gambling software firm claimed a previously-hidden report proved its competitor was “problematic” and made money in banned markets. The London-listed firm has been in fierce spat with Evolution since 2020 when Playtech hired an intelligence firm to investigate its Swedish rival. But new proceedings [...]
As it happened: FTSE 100 dives as oil prices surge past $100 in blow to inflation September 9, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index fell on Wednesday as oil prices reared up yet again, reaching six-week highs. Speaking late on Tuesday, Andrew Bailey caused fresh speculation that the Bank of England could hike interest rates when he said that risks to inflation remain “on the upside”. The [...]
As it happened: FTSE 100 wavers as weak housebuilding drives faster construction downturn September 4, 2026 Welcome back to City AM‘s FTSE 100 liveblog. The UK’s blue chip index made a soft start on Friday morning, as investors brace for a US jobs report and digest the latest signs of a worsening downturn in the UK’s construction sector. Borrowing costs have eased slightly, after a global rout on government bonds threatened [...]
Uber launches ‘autonomous’ cabs in London September 3, 2026 Londoners will be able to order “autonomous” Ubers from today as the ride-hailing firm becomes the first company to launch automated driving technology to customers in Britain. The San Francisco-based firm announced it will allow users to book the autonomous cars through its app in London from Thursday, via its partnership with British AI driving [...]
Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants September 2, 2026 Labour has loudly pledged to slash taxpayer spending on external consultants. However, the founder of a City-based digital consultancy firm told City AM that the government still relies on private firms to plug operational gaps because the civil service previously “got rid of the wrong skills”. Ben Terrett, chief executive and founder of Public Digital, said the [...]