Peter Kyle vows state will take bigger stakes in Britain’s next tech giants June 6, 2026 The government is preparing to take larger stakes in Britain’s fastest-growing companies as Peter Kyle ramps up Labour’s efforts to turn the state into a more active backer of private enterprise. Ahead of London Tech Week, the business secretary said ministers would become more willing to deploy taxpayer money alongside private investors, arguing that government [...]
National Lottery operator sees ‘inflection point’ despite drop in revenue June 4, 2026 The operator of the National Lottery has revealed lower UK sales and earnings for the start of the year but said it saw an “inflection point” on the horizon its British arm. Allwyn, the European gaming operator who took over the UK National lottery in 2024, booked revenue growth of around a fifth in the [...]
British pensions are about to bankroll the American tech revolution June 4, 2026 Pension managers owe their members returns, not national loyalty. Any pension manager who ignored potentially transformational businesses purely because they were American would rightly face scrutiny, but commercial logic isn’t the same thing as national advantage.
Kirkland & Ellis partners with Palantir for AI-driven private equity work June 4, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, has agreed to partner with tech giant Palantir to create an AI tool to use in advising private equity firms. The US-based firm, which has a large City office, said the multi-year partnership will deploy technology to share the expertise of its leading partners with [...]
There should have been an op-ed here but you filed AI slop June 4, 2026 City AM's inbox is drowning in AI pitches. Anna Moloney, who spends her days copy and pasting them into detection software, has had enough.
Computacenter joins FTSE 100 in reshuffle as index builds tech exposure June 4, 2026 The latest quarterly reshuffle of the FTSE 100 has seen Computacenter, Investec and Aberdeen promoted to the top-tier index of the City’s most valuable companies, bringing a constituent with some direct exposure to the artificial intelligence boom to the City’s most famous benchmark. Computacenter’s rise from the FTSE 250 to blue-chip status looks somewhat like [...]
Staff burnout soars in professional services due to inefficiencies and outdated IT June 3, 2026 More than a quarter of client-facing staff at professional services firms are wasting a large portion of their working week on manual administrative tasks rather than core client work, according to new research by Unit4. The report, commissioned by Pierre Audoin Consultants (PAC), on global mid-to-large professional services firms, including those in the UK, revealed [...]
‘Clients pay for expertise, not process’ – Grant Thornton rolls out Anthropic AI June 2, 2026 Professional services giant Grant Thornton is rolling out Anthropic across its entire UK workforce as the firm seeks to embed AI in its services at a time when the technology is upending the industry. The accountancy firm’s UK arm said it will roll out Anthropic’s generative AI service, Claude, to all partners across its audit, [...]
Quantum could be Britain’s next tech breakthrough June 2, 2026 Britain's next tech titan could be a quantum company. That’s not a sentence I'd have said five years ago, writes Carolyn Dawson.
Sadiq Khan: London tech boom can weather ‘dizzying’ AI risks June 1, 2026 Sadiq Khan has insisted London is “busy writing” the future of AI despite the “dizzying” risks posed by the technology, as fresh figures show the capital has reclaimed its position as Europe’s leading tech hub. The Mayor of London said AI presents both “impacts and opportunities”, but argued the capital was well placed to benefit [...]