AI-powered regtech lands £2.1m to help banks dodge FCA fines November 13, 2025 An AI-powered regulation tech firm has landed £2.1m in funding to help banks avoid getting fines from the City watchdog. Adclear, which uses software to ensure lenders’ books are in order, has capped off a funding round which has included backing from Clearscore founder Dan Cobley and Coinbase’s UK managing director Keith Grose. With Adclear’s [...]
London’s £10bn data centre boom accelerates amid AI power crunch November 7, 2025 London’s data centre sector is entering a new phase of expansion, with three major schemes worth over £10bn revealed in the past week. The projects, all located in and around the capital, aim to serve the growing computing needs of the City, tech firms, and the broader UK economy, particularly AI workloads. The developments are [...]
Rightmove shares in £1bn crash as AI plans spook investors November 7, 2025 Shares in Rightmove nosedived on Friday morning after the property titan revealed a major-shakeup centred on upping AI spending. The group said it would invest £60m over the next three years, with a focus on leaning into new tech. The FTSE 100 firm slashed its short-term profitability targets amid the new plans. Company boss Johan [...]
AI investment lacks basic safety checks, warns BSI October 27, 2025 Many businesses are investing heavily in AI without sufficient safeguards for its implementation, a new study by the British Standards Institution (BSI) has found. While executives are touting AI’s potential to drive productivity, the report suggests that most firms are operating with little more than blind faith in a technology they do not yet fully [...]
MPs urge Whitehall to prioritise AI training as digital gap widens October 22, 2025 The government must urgently upskill civil servants to make effective use of AI, MPs have warned. In a new report published on Wednesday, Parliament’s Public Accounts Committee (PAC) said that gaps in digital advancements among government departments are leading to service backlogs, inefficiencies, and poorer outcomes for citizens. Sir Geoffrey Clifton-Brown MP, PAC chair, argued: [...]
Salesforce: Trust is ‘critical’ when it comes to AI October 16, 2025 Trust has become key when it comes to businesses using AI. As Salesforce’s Brent Hayward, head of competitive intelligence, told City AM: “I don’t think there’s any more valuable thing. If you’re in the business of working with other businesses or customers, then trust… It is the foundational level”. Hawyard insisted that this trust ‘layer’ [...]
Anthropic boss ‘concerned’ about AI’s impact on jobs October 16, 2025 Anthropic boss and co-founder Dario Amodei has warned that the rapid advance of AI could upend the workforce “faster and more broadly than anything we’ve seen before”, even as his company embraces the technology to transform how it operates. Speaking on stage at Salesforce’s Dreamforce conference in San Francisco, Amodei announced that AI tools were [...]
UK small businesses falling behind on AI, Google warns October 12, 2025 New research from Google has revealed a bottleneck in UK small business innovation. Over half, or 59 per cent, of SME owners say they have had to put ‘game changing’ ideas on hold over the past year, citing a lack of time to bring their concepts to life. For many, these stalled ideas are more [...]
Bank of England sounds alarm on ‘high risk’ AI bubble October 8, 2025 The Bank of England has warned of the potential for a “sharp correction” in global markets due to the “stretched” stock valuations from the artificial intelligence (AI) boom. The central bank’s Financial Policy Committee has warned a crash in the roaring value of US tech giants could spark trouble overseas. “A crystallisation of such global [...]
‘It’s risky to be in the UK’ – Cleo founder on unicorn status and City regulation September 30, 2025 Nine years ago entrepreneur Matt Clifford took a data scientist to a “terrible pub” to convince him to drop his PhD and create his own start-up. “You may as well just take the risk, the biggest risk is not taking the risk,” Clifford told a young Barney Hussey-Yeo. Almost a decade later in 2025, Hussey-Yeo [...]