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      Trump yet to make ‘final determination’ on Iran war despite discussions

      Donald Trump raising his fist in a confident gesture during a public appearance, symbolizing determination and leadership

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      How do professional footballers keep their divorces private?

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      I’m 50 – but I feel young dining at Simpson’s in the Strand

      Romanos restaurant inside Simpsons in the Strand, featuring elegant decor and a vibrant dining atmosphere

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AI regulation

  • Who is accountable when AI gets it wrong?

    Opinion

    AI operates across systems at a pace no human oversight function can match. So who's accountable when it goes wrong, asks Paul Loftus.

    Advanced AI robots collaborating in a tech workspace, showcasing cutting-edge technology innovations in robotics
  • Starmer’s Europe reset risks strangling UK AI sector with EU regulation

    Tech

    As the prime minister scrambles to save his premiership Keir Starmer has vowed to position the UK “at the heart of Europe” – but his pledge risks reigniting fears that closer EU ties could undo the UK’s AI advantage. In today’s speech, aimed at rescuing the prime minister’s position after bruising local election losses, Starmer [...]

    Keir Starmer
  • Santander UK profit slides after motor finance reserves balloon

    Banking

    Santander UK’s profit took a knock in the first quarter of the year after the bank made another hefty top up to its motor finance provisions. The UK arm of the Spanish banking giant booked a £202m pre-tax profit for the first three months of 2026. This was down 44 per cent from the same [...]

    Santander's transformation strategy resulted in a profit hit.
  • AI could trigger a PPI level scandal in ‘two weeks’

    April 29, 2026

    A multi-billion pound scandal like PPI could happen within just “two weeks” as UK finance firms plough ahead with deploying AI despite uncertainty around governance standards, a fresh report has claimed. The UK’s financial services sector faces a “capability gap” when deploying AI, according to a report from regulatory compliance firm Zango. The research pulled [...]

  • Lloyds hit with highest FCA complaints as finance firms fork out £240m

    April 28, 2026

    Lloyds Banking Group led the pack as the most complained about financial services group in the second half of 2025 as the industry forked out a near-quarter of a billion pounds to dissatisfied customers. Across its subsidiaries, the FTSE 100 giant was hit with a storm of 187,516 grievances to the UK’s financial watchdog in [...]

  • Motor finance lenders warned of ‘gridlock’ as £9bn scandal clogs rearview

    April 27, 2026

    The UK’s top banks are gearing up to put the long-running motor finance scandal in the rearview mirror but warning lights on the dashboard suggest they may still face “gridlock” on the multi-billion pound saga. FTSE 250 lender Vanquis became the latest on Monday to confirm it would not lodge a legal challenge against the [...]

  • Barclays and Lloyds picked for City watchdog’s AI live testing

    April 21, 2026

    Barclays has joined the second cohort of firms selected by the UK’s financial watchdog to get a safe run at testing AI as banking giants battle to bulk up their tech capacity. The FTSE 100 constituent will join its peer Lloyds Banking Group – which will be represented by its subsidiary Scottish Widows – as [...]

  • UK banks blast regulations for ‘penalising’ good risk management

    April 2, 2026

    Top lenders have laid bare their frustrations with UK banking regulation in a bombshell new report that urges the removal of “excessive conservatism”. In response to the Bank of England’s review of capital requirements, the Association for Financial Markets in Europe (AFME) – which represents over 150 global banks, including the UK’s Big Four – [...]

  • London and New York in tight race to be world’s top financial hub

    March 26, 2026

    London and New York are locked in a tight-race in the fight to become the world’s most dominant financial hub. The latest Global Financial Centre’s Index from Z/Yen showed both cities retained their respective spots in new rankings, with each of their scores inching up by a singular point. New York topped the list at [...]

  • Bank of London hit with £2m fine for ‘misleading’ watchdog

    March 24, 2026

    The Bank of London has been slapped with a hefty fine from the banking watchdog after “misleading” the regulator and “failing to act with integrity”. The embattled fintech and its parent company Oplyse Holdings are on the hook for £2m after the watchdog found it failed to be open regarding its capital position. It marks [...]

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