Burnham and Trump strike UK-US defence AI deal AI Britain will link its military AI taskforce with its US counterpart under a new defence pact, deepening transatlantic tech ties as AI plays a growing role on the battlefield. The UK’s Defence Rapid AI Delivery Taskforce will work with the US Department of War’s Chief Digital and Artificial Intelligence Office to accelerate the deployment of [...]
The Greenland question has been settled – now what? Opinion Now the Greenland deal has landed, it is worth taking stock of how we got here and what Burnham should aim for next, writes Michael Martins.
Davey calls for AI ‘pause’ as Burnham inks US-UK tech deal Politics Liberal Democrats leader Sir Ed Davey has called for the government to spearhead a treaty that would “press pause on super-intelligent AI” just as Andy Burnham unveiled a deal with President Trump to advance engagement on the technology. Davey is set to tell party members on Tuesday that the UK could be home to an [...]
As it happened: US stocks make gains ahead of Trump-Xi summit September 21, 2026 Welcome back to City AM’s FTSE 100 liveblog. The UK’s blue-chip index made gains on Monday morning, turning a corner from heavy losses on Friday. Miners and industrial stocks like Anglo American, Antofagasta and Metlen Energy and Metals were among the FTSE 100’s biggest risers on Monday morning. BP and Shell dragged on the index, [...]
As it happened: Stocks slip as London’s rally loses momentum September 18, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Stocks in London fell this morning as a three-day rally faded and erased much of the gains made following the Bank of England’s decision to hold interest rates yesterday. The FTSE 100 was trading down nearly one per cent at 12:50pm, dragged lower by falls for Shell [...]
Federal Reserve earns rebuke from Trump after interest rate hike September 17, 2026 Kevin Warsh’s Federal Reserve has raised interest rates for the first time since 2023 and effectively pencilled in another hike this year, defying President Trump’s demands for looser monetary policy. On Wednesday, Warsh joined a unanimous decision to raise the US’s central rate by 25 basis points – or a quarter of a percentage point [...]
As it happened: FTSE 100 soars after Bank of England holds interest rates September 17, 2026 Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]
As it happened: FTSE 100 rises after inflation jump; oil supply in focus September 16, 2026 Welcome back to the City AM liveblog. UK inflation has seen a fresh spike to 3.1 per cent in August, up from 2.9 per cent the month prior. The fresh print comes as Brent crude – the international benchmark for oil – holds around the $108 per barrel mark, near four-month highs. Industry data managed [...]
Consulting giant Accenture to pay £18.5m to settle probe into hiring practices September 15, 2026 New York-listed consultancy giant Accenture has agreed to pay the US government $25m (£18.5m) to settle allegations over its diversity practices. The Department of Justice (DOJ) alleged that Accenture violated federal anti-discrimination requirements while certifying compliance to secure federal contracts. The US government claims that the Dublin-headquartered firm allocated costs related to these hiring and [...]
Schroders: congressional gridlock may prove costly this time September 14, 2026 | City Talk This year’s US midterms look set to produce a divided government in Washington. Investors have historically viewed congressional gridlock as market-friendly, but that assumption may no longer hold, says George Brown Midterm elections are often a painful reckoning for the party in power, with current polling suggesting the Republicans are unlikely to escape that fate. [...]