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      AI giant Perplexity taps London startup Valarian in sovereign tech drive

      "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.

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Legal

  • US Supreme Court rules Trump’s ‘Liberation Day’ tariffs were illegal

    February 20, 2026

    The US Supreme Court has handed down a landmark ruling that the sweeping tariffs President Donald Trump imposed on trading partners last year were illegal. Justices were weighing up a case centred around the Emergency Economic Powers Act that allows a President to regulate imports during a national emergency. The White House had argued the [...]

  • Law firms exposed as legal AI giants on poaching mission of tech talents

    February 19, 2026

    The legal world is facing a new kind of talent war, with law firms and tech companies battling to attract the sharpest minds. As legal tech grows, the fight for experienced lawyers is heating up. Think back to a few years ago, when the war for talent dominated the headlines after the US firms in [...]

  • Keir Starmer U-turns on plans to cancel 30 local elections

    February 16, 2026

    The government has shelved plans to postpone local elections in May for 30 councils in England.  Communities secretary Steve Reed says the decision comes “in the light of recent legal advice”, and ahead of a planned High Court hearing that was set for Thursday.  According to a letter from the Government Legal Department, shared by [...]

  • Exclusive: RPC to lose Mike Ashley’s ‘rainmaker’ lawyer

    February 13, 2026

    City law firm RPC is set to lose one of its highest-billing lawyers, who represents the retail titan Mike Ashley. Long-term partner Jeremy Drew will leave the firm after nearly 20 years in the solicitor’s retail and commercial department, which he also co-led. The star lawyer has been a long-term adviser to Mike Ashley, the [...]

  • SFO drops former AIM London Mining bribery case after decade-long probe

    February 12, 2026

    The Serious Fraud Office (SFO) officially dropped all charges against the former executives of London Mining, a decade after launching its probe into alleged bribery and corruption. The SFO launched an investigation in 2016 into London Mining Plc regarding alleged bribery to secure favourable treatment in Sierra Leone between 2009 and 2014. Former CEO Graeme Hossie, CFO Rachel [...]

  • Reform UK’s rise: Will City law firms shift their support?

    February 12, 2026

    Businesses, including law firms, snuggled up to Labour in 2024 but with Reform UK on the agenda, will firms shift their focus before the next election? Unlike in the US, business lobbying of British political parties and the UK government is kept somewhat behind closed doors, but it remains a powerful tool. For professional services, [...]

  • Law Society slams Labour’s ‘crude’ stealth tax on legal clients

    February 10, 2026

    The Law Society issued a blistering response to the government’s proposal to take the interest law firms earn on money sitting in their client accounts, branding it a “fundamentally flawed” sector-specific tax that threatens the stability of the wider UK legal economy. Last month, the Ministry of Justice opened a consultation on a proposal to [...]

  • Meta and Google face first trial over child safety claims

    February 9, 2026

    The world’s largest social media giants are heading into a series of lawsuits in the US, accusing them of harming children with their addictive algorithms. The opening arguments begin this week in LA County Superior Court in the first case to be heard in front of a jury, alleging that Meta’s Instagram and Google’s YouTube [...]

  • Anthropic’s new tool raises bar for legal AI startups

    February 5, 2026

    A dramatic shift is underway in the legal tech landscape as AI advancements disrupt traditional industry leaders. This comes as the traditional research and analytics software businesses saw billions wiped out from their market share this week after Anthropic announced its new AI. San Francisco-based AI giant Anthropic, the firm behind chatbot Claude, revealed on [...]

  • LSEG, Sage, Rightmove shares fall as Anthropic AI rattles markets

    February 4, 2026

    Shares in global software giants tumbled again on Wednesday morning as the latest AI innovation from Anthropic rattled global markets. The London Stock Exchange Group (LSEG) extended Tuesday’s losses falling near two per cent in early trading to lows of 6,774.00p before clawing back some gains. Meanwhile Rightmove led the index’s fallers, with a slump [...]

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