Lack of trust in AI tempers Starmer’s tech push February 24, 2026 Britain’s AI sector has entered the year with continued momentum, with its leading heavyweights raising over £20bn in private capital over the past year. According to Startup Coalition’s latest AI index, British AI firms command a combined valuation north of £45bn. Business services accounted for roughly 400 AI startups, attracting £8.3bn, while financial services and [...]
Money Supermarket doubles down on AI in push to placate investor fears February 24, 2026 Money Supermarket’s owner has doubled down on its commitment to AI after investor anxieties that the technology could erode its business sent the stock tumbling earlier this month. FTSE 250 firm Mony, which owns the price comparison site alongside news website Money Saving Expert and vouchers business Quidco, said it was “shifting to mandation” for [...]
Nearly 100 per cent of sport organisations plan to increase AI use February 19, 2026 Nearly 100 per cent of sports organisations plan to increase their use of AI in the next year, according to the 2026 Global SportsTech Report. The data comes as artificial intelligence’s presence across sport has increased monumentally over recent seasons. The study, undertaken by SportsPro and Sportradar using sports organisations across the industry, states that [...]
Big Tech buries billions in AI debt as bubble fears mount February 19, 2026 Meta is paying roughly $6.5bn (£4.82bn) in extra financing costs to keep $27bn of AI infrastructure borrowing off its balance sheet, a costly accounting choice that captures the mood in Big Tech’s race to build the pipes of AI without spooking investors. The arrangement, known as special purpose vehicle financing (SPV), allows an external entity [...]
Facial recognition trial at London Bridge sparks backlash from campaigners February 19, 2026 The British Transport Police’s new live facial recognition trial has barely begun at London Bridge, but activists are already expressing concerns over AI monitoring systems. Cameras went live at the station on 11 February as part of a six-month pilot set to identify people wanted for serious offences as they pass through major stations. The [...]
Is AI really to blame for Britain’s rising unemployment? February 17, 2026 Unemployment has risen to 5.2 per cent, the highest level since 2021, as the UK’s labour market continues to cool. But how much of that stagnation can reasonably be attributed to AI? The latest Office for National Statistics (ONS) figures show the jobless rate climbed in the three months to December, while the number of [...]
Starmer closes chatbot loophole in Online Safety Act February 16, 2026 Sir Keir Starmer is set to target AI chatbots with the UK’s Online Safety Act, warning tech titans that “no platform gets a free pass” following a deepfake scandal involving Elon Musk’s Grok. In a speech on Monday, the Prime Minister is expected to confirm plans to amend the Crime and Policing Bill, so that [...]
Why the UK is losing the AI skills race February 16, 2026 What's the use in being the third largest AI market in the world if our workforce doesn't know how to use it, asks IBM's Leon Butler.
The first tech wobble of 2026 revives AI bubble fears February 13, 2026 Following a swell of AI bubble scepticism at the back end of 2025, this year’s first market wobble has arrived early, landing squarely on global tech stocks. When Anthropic released a new AI tool designed to help in-house legal teams triage agreements and draft routine responses, the reaction trickled down through law firms straight into [...]
Nscale bags $1.4bn loan as AI infrastructure shifts to private credit February 13, 2026 London-based AI cloud provider Nscale has secured a $1.4bn (£1.03bn) delayed draw term loan backed by GPUs, in one of the largest private credit deals yet tied directly to AI hardware deployments in Europe. The facility was led by funds managed by Pimco, Blue Owl and LuminArx Capital Management, with support from additional asset managers [...]