Winners and losers: Billionaires boom but Brits suffer largest fall in wealth since pandemic July 1, 2026 The artificial intelligence boom fuelled a 13 per cent surge in global billionaire wealth last year, according to a fresh study which also found the UK has suffered the biggest fall in overall wealth levels of any developed nation since the pandemic. According to the UBS temperature check of high-net-worth individuals, nearly 400 billionaires were [...]
The Debate: Should delivery robots be allowed on pavements? July 1, 2026 Are delivery robots a sign of progress or a threat to pedestrians? We hear both cases in this week's Debate.
The real AI risk isn’t job losses, it’s who can see what June 30, 2026 Beyond the fearmongering, it’s a more mundane AI threat that will be making waves in boardrooms, writes Paul Armstrong.
I’ve lived the American Dream but as the country turns 250 I’m watching it die June 30, 2026 The American Dream is being snatched away by regressive economic policies and predatory capitalist practices that prioritise the interests of the ultra-wealthy over the well-being of the median American, says Lewis Liu I am the quintessential product of the American Dream. My first memory is of meeting my father at three and a half. I [...]
AI data centre race reaches rural Devon as Xlinks eyes £3.6bn campus June 29, 2026 Britain’s race to build the infrastructure underpinning AI is moving beyond its traditional data centre heartlands, with Xlinks unveiling plans for a £3.6bn AI campus in north Devon as developers search for land and grid capacity. The energy developer, whose Morocco-UK power project was shelved by the government earlier this year, wants to build a [...]
Volex takes ‘conservative’ approach to data centre growth forecast amid AI capex splurge June 26, 2026 The boss of Volex has said the firm has taken a “conservative” approach to the growth of its data centre arm after a surge in capex spend among the AI hyperscalers sent its revenue soaring. The Hampshire based connectivity products business, which supplies key components used in data centres, posted a 14.4 per cent rise [...]
‘Streets ahead’ – London aims to wear the legal AI crown June 25, 2026 New York may have the money, but London is trying to claim the ‘global capital of legal AI’ crown, writes Maria Ward-Brennan. In the midst of a brutal transatlantic talent war, where US firms are driving salaries through the roof and aggressively poaching top talent across the City, London has quietly secured a major strategic [...]
Luminance’s boss: Why building our own AI beats ‘rented intelligence’ June 25, 2026 Amid a surge of legal AI tech firms coming to market, concerns are emerging about ‘rented intelligence,’ with some companies criticised for simply putting their logos on technology developed by others. In contrast, Luminance insists it is focused on the bigger picture, betting its future on AI models it has built in-house. Speaking to City [...]
Consulting giants face up to AI-reckoning June 25, 2026 Shares in major consultancy firms have dropped sharply as investors fret over the impact of AI on the industry. Maria Ward-Brennan and Rosie Harris-Davison look at whether the threat is real. A bloodbath is unfolding across the professional services sector as artificial intelligence (AI) hammers the shares of global consulting giants like Accenture, IBM and [...]
Pigment boss: ‘We’re replacing legacy players at the speed of light’ June 24, 2026 Eléonore Crespo, co-founder and chief executive of Pigment, said the company is replacing legacy enterprise software providers “at the speed of light”, as demand for AI-native business planning accelerates across the private sector. The Paris-headquartered platform, which helps companies including Unilever, Siemens, Anthropic and Coca-Cola run financial planning and performance management, is approaching $100m (£75m) [...]