Law Society welcomes crypto’s new legal status December 8, 2025 The Law Society has welcomed the government’s new Property (Digital Assets etc) Act, which passed into law last week and places cryptos, NFTs and other digital tokens as personal property. This settles years of uncertainty over whether digital assets could be owned, inherited, or recovered in court – a grey area that has frustrated investors [...]
UK Finance warns tech giants to step up in Britain’s fraud fight December 6, 2025 UK Finance has delivered its most forceful warning yet to the world’s biggest tech platforms, with chief executive David Postings calling on Silicon Valley to “grasp the scale of the crisis” and do far more to stop fraud spreading across their networks. Speaking at the Economic Crime Congress 2025, Postings said the UK is now [...]
Ofcom flexes Online Safety Act with ignored fine December 6, 2025 Ofcom has issued its first major penalty under the Online Safety Act, and it’s aimed squarely at AVS Group Ltd, a little-known adult website network registered to a virtual mailbox in Belize. The regulator fined the firm £1m on Thursday for failing to introduce mandatory age checks across its 18 adult sites, then added another [...]
Piers Morgan lands $30m backing as Uncensored goes global December 6, 2025 Piers Morgan is closing in on roughly $30m (£22.5m) in new funding to expand his YouTube venture, Uncensored, into a fully fledged global media business. The deal would value the operation at about $130m (£97m). Sky News revealed that the new investors include US merchant bank The Raine Group, whose co-founder Joe Ravitch, a key [...]
Deutsche Bank moves into Revolut-branded Canary Wharf tower December 6, 2025 Deutsche Bank is set to take roughly 250,000 sq ft of office space in Canary Wharf’s YY building, the Financial Times has reported. The German bank will move into one of the Docklands’ biggest lettings of the year, providing the latest sign that the financial district’s fortunes are swinging back into recovery. People familiar with [...]
Cyberattacks decaying Western economies, expert warns December 4, 2025 The global cyber environment has become a “society wide crisis”, where a recent slew of attacks are threatening the foundation of Western economies, an expert has warned. A year-long avalanche of detrimental attacks on British retailers; Co-op, M&S, and more recently, Jaguar Land Rover (JLR); has pointed to a far deeper concern, Charl van der [...]
UK workers could reclaim half their day thanks to AI, report finds December 4, 2025 UK office workers could reclaim nearly half of a standard eight-hour workday thanks to AI, according to new data from Salesforce. The findings, based on a commissioned study from IDC, suggest AI tools are not just automating repetitive tasks, but are starting to reshape how humans actually work. On average, UK employees estimate that AI [...]
FCA launches ‘safe space’ for AI as City firms rush to deploy new tech December 3, 2025 The City’s top regulator has opened the doors to its first-ever ‘AI live testing‘ scheme, giving major financial firms a controlled environment to trial AI without fear of tripping regulatory wires. NatWest, Monzo, Santander, Scottish Widows, Gain Credit, Homeprotect and fintech Snorkl are among those in the inaugural cohort. The FCA says the scheme is [...]
AI powers UK’s startup surge as founder numbers soar December 3, 2025 While Britain is trudging through another tax-heavy Budget, LinkedIn data has revealed signs of a founder boom, with AI doing much of the heavy lifting. As Rachel Reeves attempted to boost startup and scale-up appetite in her Budget, LinkedIn revealed that the number of UK professionals adding ‘founder’ to their profile has jumped 69 per [...]
Imperial College and Thomson Reuters bring AI lab to London December 2, 2025 London is staking its claim as a world-leading hub for AI research with the announcement of a new Frontier AI Lab, a partnership between Imperial College London and Thomson Reuters. The lab promises to bring cutting-edge AI development, until now largely the preserve of a handful of tech giants, to the heart of Britain’s capital. [...]
