Accountancy body reverts to in-person exams over AI cheating fears Accountancy The UK’s accounting body, which has almost 260,000 members, is planning to halt remote exams amid a surge of students cheating with AI. The Association of Chartered Certified Accountants (ACCA) has said that from March it will no longer allow students to take online exams, except in exceptional circumstances. Remote testing, like in many universities [...]
AI to help NHS tackle super flu and A&E delays Tech Hospitals across England are increasingly using artificial intelligence (AI) to reduce waiting times for patients. The tool, part of the government’s AI exemplars programme, is already in use by 50 NHS organisations. The forecasting system analyses hospital admissions, historical data, weekly trends, and Met Office temperature forecasts to identify likely peak periods. This allows hospitals [...]
OpenAI, SpaceX, Anthropic: the tech giants lining up blockbuster IPOs Tech For more than a decade, Silicon Valley’s most powerful companies have stayed private for longer than ever before, buoyed by deep pools of capital and sovereign wealth funding. But, as interest rates remain higher, AI infrastructure costs balloon and some of the world’s largest private firms mature into businesses of national, and increasingly geopolitical, importance, [...]
How AI took the wheel in 2025 December 27, 2025 2025 was the year artificial intelligence (AI) took the driver’s seat, literally. Not just in boardrooms or on trading floors, but increasingly on the tarmac, in showrooms, and behind the wheel itself. From record-breaking EV sales in the UK and Europe to autonomous taxis navigating San Francisco streets and preparing to arrive in London next [...]
Best of 2025: Mass hallucinations – how I caught an AI reporter December 26, 2025 As we tick off the final days of 2025, we’re rounding up some of our favourite features of the year. Here we present City AM Life&Style Editor Steve Dinneen’s award-nominated tale about the threat AI poses to journalism. The ‘customer’ in the fried chicken shop didn’t touch his meal. Instead, he photographed the kitchen door’s [...]
Can you complete City AM’s economics quiz of 2025? December 24, 2025 Test your knowledge with City AM‘s Economics Quiz of 2025. The first full calendar year of the Labour government has not been particularly pretty for the UK economy. The unemployment rate has edged up to 5.1 per cent, inflation rose far above the Bank of England’s 2 per cent target rate and economic activity was [...]
TikTok owner eyes $23bn AI spend amid Nvidia chip uncertainty December 23, 2025 ByteDance, TikTok’s Chinese parent company, is set to significantly ramp up its investment in AI next year, as access to Nvidia’s chips once again becomes a key fault line in the global race. ByteDance is reportedly targeting around RMB160bn (£17bn) in capital expenditure in 2026, up from roughly RMB150bn (£15.7bn) this year, with the bulk [...]
Is it time to invest in Asia in 2026? December 23, 2025 Over the last few months, investors and portfolio managers have taken renewed interest in Asia amid fears of an AI crash, seeking to diversify away from the highly concentrated Nasdaq, home to the Magnificent Seven stocks. With a large number of analysts remaining bullish on AI’s prospects for the next financial year, citing the sector’s [...]
The year in law: Scale, survival, and the surge of the transatlantic titans December 23, 2025 From the birth of new transatlantic titans to a government-led rescue of the litigation funding market, 2025 has seen the City’s legal landscape rewritten by a relentless pursuit of scale and a newfound reliance on the machine. The legal sector started the year with US President Donald Trump attacking the industry, as Trump vs Big [...]
Eurostar’s new AI chatbot left customers exposed December 22, 2025 Eurostar’s shiny new AI chatbot was billed as a smarter way of helping customers. But the bot was shipped with old-fashioned security flaws that could have left customers exposed, and for weeks, nobody at the train operator seemed willing to listen. City AM can reveal that multiple security flaws were found in Eurostar’s public-facing AI [...]