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      Threats to financial system ‘on steroids’ after AI boom, FCA chief warns

      Nikhil Rathi, chief executive of the FCA.

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tech skills

  • Hybrid working overtakes pay in race for UK tech talent

    Tech

    Hybrid working has overtaken salary as the main way UK firms are competing for tech talent, according to new research seen by City AM, as skills shortages intensify across the sector. Data from International Workplace Group found 37 per cent of businesses now cite hybrid working as their primary strategy to attract talent, ahead of [...]

    London has defied national trends as job postings in the capital rose.
  • UK firms eye AI spending in 2026, but skills gap threatens rollout

    A third of British businesses plan to invest in AI in 2026, yet new data suggests the bigger challenge may be readying staff for the technology, rather than rolling it out at speed. Research from Lloyds Bank’s recent business barometer revealed that 33 per cent of firms intend to invest in AI tools next year, [...]

    More Brits expect to work for longer
  • EY: UK financial sector prioritises tech-savvy hires in AI era

    Tech

    Over half of all of new non-executive directors appointed to British financial services companies over the past year have brought tech expertise, new research from big four accountancy giant EY has found. The figure, 52 per cent, shows a 16 per cent rise from the previous year, as AI continues to shift boardroom dynamics. While [...]

    The Bank of England has sounded the alarm on the AI bubble.

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