Finance bosses back AI despite job loss concerns September 2, 2025 The financial services industry is set to drive more investment into AI as the industry’s senior leaders turn bullish on the tech. More than half of UK institutions expect to up their AI investment in the next 12 months while one in five said they would maintain current levels, data shared with City AM revealed. [...]
UK tech leaders back home turf for growth as AI drives investment August 28, 2025 The UK is increasingly being viewed by its own tech entrepreneurs as the most attractive country in which to build and scale a technology company, according to a new report. Barclays Bank’s latest Business Prosperity Index revealed that a majority of tech leaders now view Britain as offering stronger growth prospects than its international rivals [...]
One in ten UK banking jobs at risk from AI August 27, 2025 Bankers across the UK could be on the chopping block as the industry piles billions into AI. The push into the modern tech will put some 27,000 roles at risk – representing ten per cent of the UK banking sector’s workforce. By 2030, banks across the country will have piled over £1.8bn into generative AI [...]
Databricks rides AI boom to $100bn after new funding August 20, 2025 Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series K Funding – a type of advanced, late-stage financing – which is expected to close shortly. Whilst details of the raise have not been disclosed [...]
The five fintech segments to watch August 18, 2025 Global fintech funding slumped to its worst half-year in five years in the first six months of 2025. Investment reached $44bn (£32.47bn), falling from $54.2bn the year prior, whilst the number of deals fell from 2,376 to 2,216. Weak investment in the three months to June 31 2025, hurt the headline figures, with just $18.7bn [...]
Trump’s AI push puts pressure on Starmer’s Action Plan July 29, 2025 Donald Trump has declared that the United States is going to “win the AI race”, leaving Britain to prove it can keep up. Speaking at the ‘winning AI race’ summit, the US president said: “America is the country that started the AI race. And as president of the United States, I’m here today to declare [...]
Mortgage brokers on chopping block as AI overhaul gains pace July 14, 2025 Mortgage brokers could be the latest roles to be swallowed up by the spread of AI as homebuyers deploy modern tech in the space of cumbersome traditional homebuying services. AI has taken a dominant role for buyers with over a third using the tech to explore their options. Early adopters cited AI as streamlining product [...]
WPP shares dive after sales slump July 9, 2025 Shares in advertising giant WPP plummeted by over 13 per cent on Wednesday morning after the company said sales would take a hit in the second quarter after it lost several key accounts. The FTSE 100 firm said on Wednesday revenue for the first half was expected to decline between 4.2 and 4.5 per cent. [...]
UK VC investment storms ahead of Europe as AI dominates July 3, 2025 UK venture capital funding stormed ahead of its European peers in the first half of 2025 as the country’s innovation economy remained resilient in the face of wider geopolitical tensions. Total investment topped $8bn (£5.9bn), edging up three per cent from the final six months of 2024. This gave the UK a 30 per share [...]
Government pledges to back UK fintech with regulation overhaul July 1, 2025 The government has pledged a regulation shakeup to support UK fintech as it seeks to slash the red tape blocking innovation. Speaking at City Week, technology secretary Peter Kyle said the government’s new Regulatory Innovation Office (RIO) would develop new smart tools to make navigating regulatory procedures “faster, clearer and more accessible”. This will include [...]