The common sense deficit hitting the City’s professional services firms September 2, 2026 The rise of AI has put serious pressure on professional services firms to figure out hiring and training strategies as an industry built to sell knowledge faces a knowledge gap as a new era enters the workforce with skills very different from the cohort ahead of them, writes Maria Ward-Brennan. Much of the conversation about [...]
Andrew Bailey warns markets are not ready for the rise (or fall) of AI August 31, 2026 The governor of the Bank of England and chair of the Financial Stability Board, Andrew Bailey, has warned that countries are unprepared for the consequences of advanced AI and that the wider economy remains vulnerable to a dramatic market correction triggered by a potential slump in AI and tech stocks. Ahead of a G20 meeting [...]
Why London’s AI engineers are worth £360,000+ August 31, 2026 Jack & Jill co-founder Saaras Mehan just hiked the minimum salary for engineers from £240,000 to £360,000. He says that's what London’s AI talent is worth.
Sorry Elon, universal basic income won’t solve the AI jobs apocalypse August 28, 2026 Traditionally left-wing economists, universal basic income has now found unlikely support in Silicon Valley as AI threatens to wipe out jobs.
Affluent Big Four partners lack ‘fire in the belly’ to disrupt consulting market August 27, 2026 The trend of Big Four partners leaving to launch boutique consultancies has accelerated in recent years. But Q5 co-founder has told City AM that many will struggle to build true challenger brands without an “all or nothing” approach. Five founders, including managing partner Olly Purnell, launched boutique consultancy firm Q5 at the height of the global financial [...]
Use AI for investing at your own risk, warns watchdog August 27, 2026 The financial watchdog has warned Brits using AI for investment advice that they may not be protected if things go wrong as more people turn to online chatbots. Four in five inexperienced investors admitted to using AI tools for help with their investment decision, according to the latest research from the Financial Conduct Authority (FCA). [...]
Clio hires legal tech veteran to overhaul backlogged courts August 25, 2026 Legal tech firm Clio has appointed Casetext’s co-founder to lead an initiative integrating AI directly into the court system. Clio, which currently offers its tech to lawyers and law firms, will create a “dedicated product line” of legal AI software “designed around the distinct needs of courts and judges”. Lawyer Pablo Arredondo was appointed to [...]
Top FTSE headhunter rescued by rival after plunging into administration August 25, 2026 A City-based boutique headhunter which won executive-level talent for a host of FTSE 250 firms and collapsed after pumping investment into an AI platform has been purchased by one of its competitors, City AM can reveal. 6 Group, a global executive recruitment consultancy, purchased Savannah Group and its AI platform, MapX, in July after founder [...]
GPTZero founder: Even with watermarks, AI slop isn’t going anywhere August 25, 2026 We must learn how AI fits in the writing process effectively, rather than as a short cut to produce spam, writes GPTZero co-founder Alex Cui.
Digital investment nearly doubles since 2019 yet AI’s growth contributions questioned August 24, 2026 Investment in digital infrastructure has nearly doubled in the space of just five years official data has shown even as economists question whether recent gains in productivity are down to artificial intelligence. A revision of how digital infrastructure spending is calculated by the Office for National Statistics (ONS) has suggested that business investment in digital [...]