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      OpenAI chief executive Sam Altman emphasised the Stargate project’s significance.

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CMA

  • CMA must act now to fix Britain’s broken cloud market 

    Opinion

    The CMA correctly diagnosed the UK cloud market as broken and dysfunctional, so why isn’t it changing anything, writes Lord Clement-Jones.

    Cloud software technology in London office by Gemini, showcasing innovative solutions and digital transformation trends.
  • Miliband and Reeves to meet petrol retailers as fuel costs spike

    Energy

    Energy Secretary Ed Miliband has said the government “will not tolerate” energy firms profiteering from the rising price of oil amid the war in Iran. Oil prices climbed back above $100 a barrel on Thursday despite the International Energy Agency (IEA) saying on Wednesday that it would release a record 400 million barrels of oil [...]

    Net zero secretary Ed Miliband is set to face more pressure over high energy bills in the UK.
  • Ospreys: CMA case over Cardiff Rugby sale not yet live

    Sport Business

    Swansea Council’s call for the Competition and Markets Authority to look into the sale of Cardiff Rugby and the future of the Ospreys is yet to be made an active case. The local government of Wales’ third-biggest city has called upon the CMA to “investigate the proposed takeover of Cardiff Rugby which could lead to [...]

    Breaking news event with diverse crowd gathered in a city square, capturing a moment of unity and public engagement
  • Billion-dollar regulatory fines fail to dent Big Tech

    January 29, 2026

    For the world’s biggest tech firms, regulatory penalties are no longer a consequential financial event. Alphabet, Apple, Meta and Amazon were fined a combined $7.8bn (£6.2bn) in 2025 for breaches of competition and privacy rules, according to a new Proton report. And while that sounds like a hefty number, in practice, it would have taken [...]

  • CMA pushes back on Google’s AI overviews

    January 28, 2026

    The UK’s competition regulator has fired an early warning shot at Google’s AI-powered search, in a move that suggests the era of unfettered scraping and summarising may be coming to an end. The Competition and Markets Authority (CMA) on Wednesday set out proposed rules that would force Google to loosen its control over how search works in the UK. [...]

  • Mark Kleinman: Reeves’ ISA reforms pose more risk than reward

    January 22, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves’ ISA reforms pose more risk than reward If it ain’t broke, don’t fix it. That sounds like the right epithet to apply to the Treasury’s approach to reforming individual savings accounts (ISAs), one of the [...]

  • Ministers to change UK merger rules in bid to speed up deals

    January 18, 2026

    Whitehall is preparing a fundamental reset of the UK’s merger control regime, as ministers seek to accelerate deal-making and strip back some red tape for businesses. The Department for Business and Trade is expected to outline plans this week that would significantly change how the Competition and Markets Authority (CMA) reviews takeovers and sector-wide competition [...]

  • Mark Kleinman: What’s in store for the Square Mile in 2026?

    January 8, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]

  • F1 fans left furious after Viagogo ticket failure

    December 15, 2025

    Dozens of Formula 1 fans who spent enormous sums, including one couple who spent £16,173, have been left furious after Viagogo tickets failed to deliver promised entry to the Abu Dhabi post-race concerts, City AM understands. The concerts – headlined by Benson Boone, Metallica, Post Malone and Katy Perry – were explicitly advertised on the [...]

  • Less jargon, more advice: FCA rises to pro-growth challenge

    December 10, 2025

    With a flurry of announcements ahead of the new year, the FCA is rising to the government’s growth mandate, writes Ali Lyon. For many of the men and women in charge of the UK’s largest financial regulator, a grey cloud will have hung heavy over any festivities last Christmas. Just a day before the seasonal [...]

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