Snyk founder Guy Podjarny makes surprise return to board after chief executive exit Tech The founder of cybersecurity firm Snyk has made a surprise return to the company after the unexpected departure of its chief executive. Guy Podjarny, who founded the firm in London in 2015 before stepping away last year, has made a comeback as a director just twelve months later, company filings show. Snyk did not respond [...]
Data centre planning applications rocketed more than 60 per cent in 2025 Tech Data centre planning applications hit an all-time high in the UK in 2025, City AM can reveal, as investors rushed to gain a foothold in the burgeoning AI market. More than 60 separate planning applications for the construction of new data centres were filed in England and Wales over the course of the year, according [...]
Reeves urged to back AI in Autumn Budget to drive growth Tech Chancellor Rachel Reeves is under pressure to deliver a decisive push for AI in tomorrow’s highly anticipated Autumn Budget, with industry leaders calling for billions in investment, thousands of jobs, and a clear roadmap for UK growth. The government has already attracted more than £78bn of private investment in AI, with a further £24.25bn committed [...]
Anthropic: UK staff get eye-watering sums at AI giant October 9, 2025 US AI giant Anthropic is paying its UK staff eye-watering financial packages as it attempts to build a foothold in this country. The business, which only launched in the UK at the start of 2023, increased its headcount from six to 43 in 2024 while its staff costs rocketed from £3.6m to £24m. Its wage [...]
Like Covid, we ignore AI exponentials at our peril September 17, 2025 The Notebook: Where the City’s movers and shakers have their say. Today, it’s Marc Warner, chief executive of AI firm Faculty It’s February 2020. A little known disease called coronavirus is spreading exponentially. It seemed early to act – but before long, the NHS risked being overwhelmed and lockdown was unavoidable. It’s almost a cliche [...]
One in ten UK banking jobs at risk from AI August 27, 2025 Bankers across the UK could be on the chopping block as the industry piles billions into AI. The push into the modern tech will put some 27,000 roles at risk – representing ten per cent of the UK banking sector’s workforce. By 2030, banks across the country will have piled over £1.8bn into generative AI [...]
Younger Brits turn to AI for financial advice August 21, 2025 Brits are increasingly turning to AI tools to access financial tips as the “advice gap” grows wider. Two thirds of people are either considering or already using AI tools to gather personal finance advice, new research from financial comparison platform Finder has found. Two in five people opted to use generative AI, such as ChatGPT [...]
HMRC must disclose AI involvement in tax decisions August 8, 2025 A court has ruled that HMRC must disclose if it uses artificial intelligence (AI) in key decisions relating to granting research and development tax credits. Tom Elsbury, a tax expert who founded the specialist tax relief software platform Novel, lodged a Freedom of Information (FOI) request back in December 2023. But according to Judge Alexandra [...]
OpenAI: ChatGPT maker’s UK earnings skyrocket July 23, 2025 OpenAI has raked in millions of pounds since the launch of artificial intelligence (AI) service ChatGPT in the UK, it has been revealed. The UK division of the US tech giant ended last year with current assets of £56.2m which included £42.4m in the bank and a further £13.7m owed by debtors, according to new [...]
Mortgage brokers on chopping block as AI overhaul gains pace July 14, 2025 Mortgage brokers could be the latest roles to be swallowed up by the spread of AI as homebuyers deploy modern tech in the space of cumbersome traditional homebuying services. AI has taken a dominant role for buyers with over a third using the tech to explore their options. Early adopters cited AI as streamlining product [...]