Britain is using AI, but wants a human boss Tech Brits are rapidly folding AI into everyday life, but remain wary of letting it make decisions on its own, according to new EY research that points to a trust problem at the heart of the UK’s AI push. EY’s AI recent sentiment index found 74 per cent of UK consumers have used AI in the [...]
RWS to acquire UK AI platform in £40m deal Business Global AI solutions company RWS Holdings has reached an agreement to acquire UK based AI company Obviously in a bumper £40m deal as it looks to pivot to become a “technology-first business”. AIM-listed RWS agreed to buy the AI platform for an initial cash offer of £16.5m, with an earn-out consideration of up to £23.5m, [...]
A ‘safe harbour’? London needs more ambition than that Opinion Boring stability might win London short-term preference, but it won't see us win the race for any bigger prizes, writes Janine Hirt.
Tax raids trigger worst start to year on record for businesses April 25, 2026 Tax rises under Labour coupled with the war in Iran have triggered the worst start to the year for businesses on record. Fewer businesses were set up in the first three months of 2026 than in the same period of any year on record, according to figures from the Office of National Statistics. Just 78,655 [...]
UK business confidence plunges to another record low April 1, 2026 Business confidence in the future of the UK economy has plunged to another record low as directors fear the war will damage investment plans and increase costs, a leading survey has found. Research by the Institute of Directors recorded business confidence dropping to a net figure of -76 in March, compared to -63 in February. [...]
Investec signals modest earnings growth March 19, 2026 South African investment and wealth management group Investec has signalled modest earnings growth in its latest update, after diverse revenue streams and ongoing investment offset macroeconomic challenges. The group expects a three to six per cent increase in earnings per share from the prior year, ranging from 81.6p to 84p. Headline earnings per share are [...]
More Brits eye investing as low-cost platforms elbow into the market March 12, 2026 The UK DIY investment market swelled last year as the rise of low-cost platforms lured more investors into taking the plunge of managing their own assets. The do it yourself market has grown 19 per cent over the past twelve months, totalling £772bn assets under administration, as 18.4m Brits ploughed capital into the market, according [...]
Legal & General shares slide after profit disappoints March 11, 2026 Legal & General share price tumbled in early morning trading, after the asset management and insurance giant’s reshape was overshadowed by lower-than-expected profit. Shares fell 5.5 per cent to 244p on Wednesday, after core operating profit of £1.62bn fell short of analyst’s £1.65bn expectation, creating a “source of disappointment for investors”, despite it rising six [...]
Edinburgh Worldwide seeks to end Saba standoff with tender offer March 10, 2026 The board of Edinburgh Worldwide Investment Trust has offered shareholders an exit plan in its bid to bring an end to its 16-month battle with Saba Capital. It is proposing a tender offer for up to 100 per cent of its share capital after the Board said it had “exhausted every reasonable and equitable solution [...]
Sportl: the pay-as-you-go gym app sprinting into the capital March 10, 2026 When they worked at the Bank of England, Matthew Austin and Ryan Lovelock understood the frustration of finding time for the gym. Sneaking out for a lunchtime sesh or scrambling to leave work on time for an evening class is a familiar challenge for fitness-focused city workers. Austin said: “We were kind of here, there [...]