AI bubble fears: Which of the Magnificent Seven will pop? November 17, 2025 The spectacle of the so-called Magnificent Seven – Alphabet, Amazon, Apple, Tesla, Meta, Microsoft, and Nvidia – has been the defining market story of this generation. Synonymous with the AI boom, their collective valuation, now commanding a fifth of global markets, is underpinned by the fervent belief that they alone will win the AI arms [...]
Tech tailwinds boost Polar Capital as AI bubble balloons November 17, 2025 Asset manager Polar Capital reported a surge in earnings after the firm’s “meaningful exposure” to tech stocks provided a hefty tailwind. The London-listed business recorded a 21 per cent jump in pre-tax profit to £27.9m, this was up from £23.1m just last year. Whilst outflows soared to £690m, including a significant £632m concentrated in the [...]
New PE-backed consultancy launches with aim to fix ‘broken” system November 17, 2025 A new, AI-native consultancy firm has launched to address what its founders call the “broken” model of traditional consultancies, which they argue is costing businesses billions for ineffective AI projects. Backed by $15m (£11.4m) in private equity funding from NY-based Siguler Guff, UK-headquartered Valliance launches its “radical new model” of charging based on value delivered, [...]
Cyber roles demand soars as UK firms scramble to plug skills gap November 13, 2025 Demand for cybersecurity training across UK businesses has surged following a wave of cyberattacks on major firms and public bodies, as employers scramble to strengthen defences ahead of new government rules. The rise in attacks, including one that crippled Jaguar Land Rover’s operations earlier this year, has coincided with a sharp rise in firms seeking [...]
London Councils urge e-bike firms to stick to borough contracts November 13, 2025 The group London Councils has called on e-bike operators to respect local contracts and act “responsibly”, as friction deepens between boroughs and rental bike companies over parking and safety standards across the capital. The organisation, which represents London’s 32 boroughs and the City of London, warned that some firms continue to operate in areas without [...]
AI becomes UK businesses’ first line of defence amid regulatory uncertainty November 12, 2025 AI has moved from an experiment to the primary ‘first line of defence’ for UK businesses facing regulatory scrutiny and operational uncertainty. According to new data from consultancy firm Elixirr, nearly half of UK businesses stated that all resilience-focused investment now flows to technology and AI. This comes as an overwhelming number of UK business [...]
Labour tightens cyber rules after JLR and M&S breaches November 12, 2025 The government has introduced its long-awaited cyber security and resilience bill to parliament, promising to toughen the UK’s defences against the growing wave of cyberattacks on businesses and public services. Ministers say the new legislation represents a ‘step change’ in national security, with the aim of protecting vital services such as energy, water and healthcare [...]
FCA doubles down on AI testing over regulation November 12, 2025 The UK’s financial regulator has doubled down on its decision not to draft new AI-specific laws, insisting that the best way to manage the tech’s momentous rise is through testing and collaboration rather than rushing to legislate. Speaking at the City & Financial Global AI regulation summit, Charlotte Clark CBE, the Financial Conduct Authority’s director [...]
British insurers sound alarm over unprecedented rise in AI-driven scams November 11, 2025 The insurance sector is struggling to combat the growing influx of AI-driven fake claims, as sophisticated fraud is challenging the sector’s outdated traditional system, putting increased pressure on insurers to adapt. According to a recent report by fintech firm Adyen, one in seven claims (15 per cent) were proven to be fraudulent, resulting in a [...]
AI Security Institute chair moves investment firm away from UK November 11, 2025 The chair of the AI Security Institute has moved an investment firm he co-founded away from the UK, City AM can reveal, as concerns grow over an exodus of tech investors from Britain. Serial entrepreneur Ian Hogarth, who set up Plural with Wise co-founder Taavet Hinrikus in 2021, has restructured the company, moving its headquarters [...]