Tech funds plummet in March while gold soars April 1, 2025 Technology funds plummeted ten per cent in March as UK investors dumped risk assets as fears started to grow about US president Donald Trump’s handling of the American economy. Tech funds were the worst performing UK investment fund category in the month, followed closely by North American small company funds (nine per cent drop) and [...]
ChatGPT will make you dumber – if you don’t learn how to use it March 27, 2025 ChatGPT will make you dumber - if you use it incorrectly. Lewis Z Liu outlines how to use the tech to make you more intelligent, not less.
US investment giant: This isn’t a repeat of the dot-com bubble March 26, 2025 With the recent dip in US tech stocks coinciding with the 25th anniversary of the dot-com bubble’s peak in March 2000, many investors are worrying that history is set to repeat itself. Indexes of US ‘mega cap’ stocks have fallen 6.7 per cent this year, underperforming all other market sectors, according to data from US [...]
MintStars: ‘Ethical’ OnlyFans rival more than doubles in value March 25, 2025 MintStars, a start-up launched as an ‘ethical alternative’ to OnlyFans, more than doubled in value during its latest financial year, it has been revealed. The challenger was established by Jessica Van Meir and Daniel Sargent, who serves as its chief executive, in 2022. In an interview with City AM last year, Van Meir said the [...]
Spring Statement won’t ‘alter basics’, Starmer insists, amid tax cuts reports March 24, 2025 The Spring Statement this week will not “alter the basics” of public spending plans, Sir Keir Starmer has insisted.
Banks turn to AI to lead fraud prevention efforts March 23, 2025 As Britain’s biggest banks scale up their technology, lenders are turning to AI to fight fraud, a new report has found. NTT Data’s ‘Banking Trends 2025’ report found over half of UK banks thought generative AI was key to fraud prevention. Lenders have been urged to up their consumer protection abilities after Chair of the [...]
Will London take New York’s fintech crown? March 21, 2025 According to Z/Yen’s 37th Global Financial Centres Index (GFCI 37), the Square Mile is snapping at the heels of the Big Apple.
Natwest partners with OpenAI as FTSE giant scales up tech March 20, 2025 Natwest announced on Thursday it has entered a partnership with OpenAI to focus on “bank-wide simplification”. The FTSE 100 lender said it would leverage AI to meet customers’ needs faster and more effectively, whilst increasing productivity and efficiency across operations. The firm said it would deploy “some of the latest and most powerful developments in [...]
Softcat beats analyst expectations as profit jumps March 19, 2025 UK tech infrastructure firm Softcat beat analyst expectations last year as profit growth accelerated into the double digits over the last six months of the year. Gross profit at the firm increased by 12.1 per cent to £220.2m, above analyst expectations of £218.3m, Softcat revealed in its half-year report. Meanwhile, operating profit climbed 10.4 per [...]
Computacenter: Tech group notes record performance in North American market March 18, 2025 Leading independent technology and services provider Computacenter has reported a mixed set of full-year results for 2024 despite a record performance in North America in the second half. Revenue inched up 0.6 per cent to £7bn while adjusted profit before tax fell 8.6 per cent to £254m. The company said a strong performance at its [...]