Microsoft boss says AI will reshape banking jobs as UK lenders cut costs AI Artificial intelligence will change the jobs available in Britain’s banking sector, but could also create new opportunities for workers with the right skills, a senior Microsoft executive has told City AM. Bill Borden, Microsoft’s global head of financial services, told City AM that AI would replace much of the routine work traditionally carried out by [...]
Microsoft boss warns of AI trust crisis as UK workers lag behind bosses Tech Microsoft chief executive Satya Nadella has warned that increasingly powerful AI systems are becoming less trustworthy, as new research exposes a widening confidence gap between UK bosses and their employees. Speaking at Microsoft’s Frontier Tour in London on Wednesday, Nadella urged businesses to embrace AI while retaining human oversight, warning that the technology’s growing capabilities [...]
Nscale eyes second $45bn deal with Anthropic after Microsoft setback Tech British AI infrastructure firm, Nscale, is in talks to secure a second $45bn (£33.5bn) computing deal with Anthropic, just a day after Microsoft pulled out of its flagship UK data centre project. The Nvidia-backed company is negotiating an agreement to supply the US AI giant with computing power from a second facility at its Monarch [...]
Microsoft pulls out of Nscale deal for UK’s largest AI data centre October 19, 2026 Microsoft has pulled out of plans to build the UK’s largest AI data centre in a deal with Nscale. The global tech giant, which had previously planned to fund a supercomputer at the site, has ended its involvement in the partnership following concerns over supply issues. Plans were first announced last year, with Nscale pledging [...]
BT launches AI cyber defence service as UK faces growing attack threat October 13, 2026 BT is stepping up its efforts to tackle AI-powered cyber attacks through its partnership with Microsoft, as British businesses face mounting pressure to shield themselves against increasingly sophisticated threats. The telecoms giant is seeking to capitalise on growing demand for outsourced cyber security, as companies struggle to keep pace with attacks that are becoming faster [...]
Lord’s Cricket Ground, West Ham, EY among creditors owed £190m by Brewdog September 24, 2026 Lord’s Cricket Club, West Ham United and Big Four accounting firm EY are among the big-name firms which are owed £190m by Brewdog. The craft beer firm collapsed earlier this year and its administrators have said that its unsecured creditors, who are owed £189.9m, will not be paid back. AlixPartners, Brewdog’s administrators, said there are [...]
Microsoft vows AI will ‘always work in service of people’ as safety fears spread September 14, 2026 Microsoft has drawn up new limits for its homegrown AI models after Silicon Valley’s sudden reckoning with the risks of increasingly powerful systems spreads to one of its biggest companies. The US tech giant published a provisional code of conduct on Monday that requires its future models to remain under human control, accept correction, shut [...]
Former Interpath Advisory chair takes helm at sustainability consultancy after chief executive exit September 1, 2026 Interpath Advisory’s former chair will lead the City-headquartered, sustainability-focused consultancy Anthesis Group as its new chair, as its chief executive steps down. Tamara Box, previously City law firm Reed Smith‘s managing partner for Europe and the Middle East, is set to take on the new chair of Anthesis Group’s board of directors this week after [...]
Nationwide warns returns from corporate AI are still hard to measure August 21, 2026 Nationwide has warned that the financial returns from workplace AI remain difficult to quantify, even as the building society rolls out the technology to around 16,000 staff. Around 1,000 employees across the combined Nationwide and Virgin Money finance team now have premium Microsoft 365 Copilot licences, while some 2,500 engineers are using Github Copilot. Paul [...]
Microsoft ‘back on track’, whilst Meta spending leaves investors ‘nervous’ July 30, 2026 Microsoft saw strong growth over the last quarter as demand for its AI products continued to climb, while Meta’s rising spending on AI overshadowed record sales and sent its shares lower. The two US tech giants reported quarterly results after the closing bell on Wednesday, offering investors a clear picture of whether billions of dollars [...]