Businesses are suffering financial losses from faulty AI advice Prof Services Half of UK accountants and bookkeepers have said businesses have suffered financial losses due to AI slop that has caused ‘avoidable mistakes’ in the books. New research by Dext found that nearly a third (31 per cent) of accountants and bookkeepers encounter client mistakes on a weekly basis, caused by wrong or misleading AI-generated financial [...]
Finance chiefs fearful of war and geopolitical risks Economics Finance chiefs have begun the year fretting over the spectre of war and rising global tensions as President Trump’s shock operation to capture Venezuelan dictator Nicolas Maduro put investor nerves on edge. A quarterly survey by Big Four accounting firm Deloitte showed that “geopolitical risks”, which can include everything from higher tariffs to conflict and [...]
Why 2026 will be the year of technology and AI in sport Sport Business Arthur Hu, the chief information officer at Lenovo, discusses why 2026 is the year for AI and technology in sport It feels as if the sporting calendar never stops, it just keeps spinning with yet another tournament, match or race around the corner. And 2026 will be no different, headlined by the Winter Olympic and [...]
Why 2026 is the year sport needs to confront the man vs machine question January 1, 2026 Man vs machine is the future of sport, whether we like it or not, but what do we want it to look like? If you want to understand where sport is heading, don’t look at the Olympic programme or the Premier League fixture list. Look instead at the strange, noisy, algorithm‑friendly world growing just outside [...]
Legacy banks must ‘radically modernise’ or lose to fintech stars, says former Barclays boss January 1, 2026 A decade ago, Antony Jenkins was ousted from his role as chief executive of Barclays and months later warned the banking sector was reaching an “Uber moment”. Jenkins declared technology would be an “unstoppable force” in the banking sector and could lead to hundreds of branch closures and potentially slash the industry’s workforce by half. [...]
The Magnificent 7 in 2025 – and the survival of the richest December 31, 2025 In the spirit of end-of-year round-ups, it is worth scrutinising the fortunes of the so-called Magnificent Seven: Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla and their dominance of global equity markets, which shows no signs of abating. Yet 2025 was a year that highlighted both the extraordinary influence and the vulnerabilities of these mega-cap [...]
IMG’s three sports sponsorship trends to watch in 2026 December 31, 2025 Look out for higher demands on AI, more prediction markets and greater sophistication in women’s sport sponsorships next year, says IMG partnerships expert Sam Galet. As we close out 2025 and look ahead to 2026, the sports business landscape is once again at an inflection point. Rightsholders, brands and agencies are all asking the same [...]
Brits increasingly turning to ChatGPT for investment advice December 31, 2025 Far more UK savers are now turning to tools such as ChatGPT to help make investment decisions, new research shows. A survey of 1,000 adults by STRAT7 found that 55 per cent have used AI-powered platforms for financial guidance over the past year. On average, each user has invested around £2,350. City AM reported in [...]
AI use will set great companies apart from the rest in 2026, Dell boss predicts December 31, 2025 The use of AI will “start to be a defining factor that sets great companies apart from the rest”, the UK boss of Dell has predicted. Steve Young, the US giant’s UK senior vice president and managing director, said progress has “laid a strong foundation” but told City AM that 2026 will be marked by [...]
AI needs to prove itself where it matters most December 31, 2025 People don’t step back from AI because they’re fearful of the technology itself. They step back when it doesn’t align with how their business actually works, writes Sage CEO Steve Hare. A few weeks ago, I spoke with a small business owner who had heard AI could help with her accounts. She wasn’t sure how. [...]