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      City banks could be in for a tax raid come the Autumn Budget.

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ai security institute

  • UK to champion global AI rulebook during G20 presidency

    Tech

    Andy Burnham has said governments, not tech companies, must make the biggest decisions about AI, as he pledged to put AI regulation at the heart of Britain’s G20 presidency. The Prime Minister used his first address to the United Nations General Assembly to call for a single set of global standards governing frontier AI, including [...]

    Man in suit and glasses speaking at a podium with the UN emblem, microphones, and a clear screen.
  • Former Anthropic researcher behind ‘AI could kill us’ warning called to UK parliament

    Tech

    Former Anthropic researcher Jacob Coxon has been invited to give evidence to parliament following his stark warnings over the threat posed by AI, City AM understands. Liam Byrne, chair of the Business, Innovation, Science and Trade Committee, told City AM that MPs have asked Coxon to appear as part of a parliamentary examination of AI [...]

    Anthropics AI technology showcased at a tech conference, highlighting innovative advancements in artificial intelligence
  • Andrew Bailey: Latest AI advances are an ‘OMG moment’ for cyber crime

    Economics

    The latest advances in frontier AI are an “OMG moment” and countries need to “arm themselves”, Andrew Bailey has said, as he highlighted the new threat of financial crime posed by the technology. Speaking at the annual City of London Police Authority Board dinner at the Merchant Taylor’s Hall on Monday, the Bank of England [...]

    Andrew Bailey, Governor of the Bank of England, speaking at a press conference against a blue background
  • UK government probes OpenAI breach after ‘unprecedented’ hack

    July 22, 2026

    The UK government is probing the first known case of an artificial intelligence model breaking out of a controlled test by itself and hacking another company’s systems. Officials at the government-backed AI Security Institute (AISI) are investigating the security breach at OpenAI and whether similar incidents could occur at other top developers, a spokesperson told [...]

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