Unite student housing suffers slump in property value as rents fall October 8, 2026 Student accommodation giant Unite has suffered another drop in property values as higher interest rates and weaker rental income continue to weigh on the FTSE 250 landlord. The company said on Thursday that the value of its UK Student Accommodation Fund fell four per cent in the third quarter to £2.8bn, while its London-focused joint [...]
Virgin Media O2 defends arena deal as £200m price tag disputed October 7, 2026 Virgin Media O2 has pushed back at claims it is paying around £200m to keep its name on the O2, as the heavily indebted telecoms group commits to another decade of one of Britain’s longest-running sponsorship deals. The company and venue owner AEG have not disclosed the value of the agreement, which will keep the [...]
Goldman-linked EY breach highlights new era of undetectable data theft October 7, 2026 Sensitive corporate data can be stolen through everyday workplace software without setting off traditional cyber defences, Darktrace has warned, after a breach at the Big Four giant exposed information linked to Goldman Sachs and Man Group. Nathaniel Jones, senior vice president of global threat intelligence at Darktrace, told City AM attackers were increasingly able to [...]
The Kay Fisker building refashioned as Copenhagen’s coolest new hotel October 7, 2026 Hotel Petra opened its doors last June, timed to coincide with Copenhagen’s 3daysofdesign festival. For three days, this annual showcase transforms the capital into a temporary showroom, making the collaboration with Petra particularly fitting, given it’s a project from Danish design powerhouse &Tradition, which has been trading showrooms for guestrooms as it raises its ambitions [...]
Lime pumps £1m into parking to tackle London e-bike clutter October 7, 2026 Green bike conglomerate Lime is pumping nearly £1m into hundreds of new e-bike parking bays as it looks to tackle the pavement clutter that has accompanied London’s rental bike boom. The capital’s biggest shared e-bike operator has awarded £886,857 to nine boroughs, including Greenwich, Lambeth and Hackney, to create or expand 586 parking bays this [...]
Musk turns to rival Anthropic to power Grok October 7, 2026 Elon Musk has opted to buy competing technology as he is set to use rival Anthropic’s AI models to power parts of Grok, despite spending heavily to build his own AI challenger. Musk said on Wednesday that the Grok bot would use the “best back-end model for any given task”, including Anthropic’s latest Claude Opus [...]
UK AI health rules could give firms ‘competitive edge’ as ministers back overhaul October 6, 2026 Experts have said Britain’s new approach to regulating AI in healthcare could give UK tech firms a “competitive edge” by letting them prove their technology in the NHS earlier. The UK government on Tuesday accepted all 44 recommendations of the National Commission into the Regulation of AI in Healthcare, paving the way for a shake-up [...]
Meta court battle will not delay Instagram probe, Ofcom says October 6, 2026 Meta’s legal challenge against Ofcom has not delayed the regulator’s separate investigation into Instagram, Ofcom has told City AM. The watchdog said the ongoing English High Court proceedings had “not impacted the timing” of its decision to investigate whether Meta broke UK online safety rules when it launched Instagram Instants. The comments come as Meta, [...]
‘Rogue’ OpenAI agents blamed for Wikipedia outage as safety concerns mount October 6, 2026 “Rogue” OpenAI agents have been blamed for helping knock a Wikipedia service offline, the latest in a string of incidents involving the ChatGPT maker’s increasingly autonomous technology. The Wikimedia Foundation said agents it believes were operated by OpenAI flooded its platforms with millions of automated requests, crawled millions of pages and made hundreds of thousands [...]
‘Hard to imagine’ no price hikes after Paramount Warner Bros mega merger October 6, 2026 Streaming customers are likely to face further price rises after Paramount and Warner Bros Discovery complete their $111bn (£82bn) merger on Tuesday, analysts have warned. The Hollywood giants will combine under a new parent company called Skydance, bringing Paramount+, HBO Max and some of the world’s most valuable film and television franchises under one roof. [...]
