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

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Tech

  • Former Freshfields lawyers AI legal tech raises $30m in funding round

    June 9, 2025

    An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding

  • Spear guns, knuckle dusters and machetes: The ‘prohibited items’ at London Tech Week

    June 9, 2025

    London Tech Week 2025 opened with appearances from Sir Keir Starmer and Nvidia chief Jensen Huang, but attendees got a bigger surprise from a sign at the door outlining “prohibited items” at the event.  City AM has seen a list ranging from spear guns and tear gas to knuckle dusters, nun-chucks and machetes, that looked [...]

  • Getty Images v Stability AI trial kicks off in London

    June 9, 2025

    Getty Images closely-watched copyright lawsuit against UK-based Stability AI gets underway at High Court

  • London Tech Week: Nvidia’s Jensen Huang and Keir Starmer unveil AI push

    June 9, 2025

    Nvidia chief Jensen Huang and Keir Starmer unveiled a major AI push at London Tech Week this morning. The two figureheads have unveiled a range of changes to boost Britain’s AI infrastructure, research and industrial capacity, to help the UK become an “AI maker, not an AI taker.” US chip maker Nvidia, a leading player [...]

  • Trustpilot shares sink after analysts downgrade to ‘Sell’

    June 9, 2025

    Shares in review platform Trustpilot sunk on Monday after analysts slapped a ‘Sell’ rating on the firm and warned of economic challenges ahead. Trustpilot’s stock tumbled over eight per cent in early trading to around 216p. Panmure Liberum analysts Sean Kealy and Johnathan Barrett cautioned the “deteriorating” state of the US economy would “test the [...]

  • NHS app to save government £200m, internal analysis suggests

    June 7, 2025

    The NHS app could save the government millions as it will become the default method of communication for patients seeking appointment reminders, screening invitations and test results. Millions more people will receive personal health information directly to their smartphones within the next three years in a move that is expected to save the health service [...]

  • Klarna boss: AI will lead to recession and mass job losses

    June 7, 2025

    The introduction of AI at firms could lead to a recession due to mass job losses of professionals, Klarna’s chief executive has warned. The use of AI to make work more efficient has been encouraged by leading figures, including the government itself which said it could save civil servants two weeks a year. But fintech [...]

  • British businesses celebrated in third year of The King’s Awards for Enterprise:

    June 5, 2025

    The recipients of The King’s Awards for Enterprise have now been announced, celebrating the achievements of leading businesses from across the UK and Channel Islands and recognising their vital role in growing our economy to improve lives. This year, 197 businesses representing a diverse range of sectors, have been recognised by His Majesty The King [...]

  • David Lammy: ‘Technology is the frontline of geopolitics’ as Foreign Office teams up with Big Four giants

    June 5, 2025

    “It is essential" that firms such as the Big Four and UK government "work together", Foreign Secretary tells City AM as his focus shifts to AI.

  • Spare a thought for in-house lawyers; their job is not as ‘easy’ as some think

    June 5, 2025

    The workload for an In-House legal team is set to increase as businesses strive to reduce costs.

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