Hiscox finance chief: London’s AI adoption is too slow August 6, 2026 Hiscox group chief financial officer Paul Cooper takes us through his career in insurance in this week's Square Mile and Me.
Perpetuals Reports 380% Hypothetical Return in Backtest of AI Engine Powering Risk-Free Trading Platform ‘UpsideOnly’ August 6, 2026 Results provide early evidence that BayesShield can identify potentially profitable trading signals by finding repeatable skill in trader activity 375-day backtest using Perpetuals’s production code generated a hypothetical 380% non-compounded return, a period in which Bitcoin fell 40.2% The strategy achieved a return-to-drawdown ratio of 4.4, a measure comparing its overall return with the largest decline it experienced during the test
Great Britain Leads Europe’s FMCG Inflation as NIQ Launches New Inflation Barometer August 6, 2026 NIQ (NYSE: NIQ) today launches its new EU5 FMCG Inflation Barometer – a monthly tracker across five Western Europe markets – France, Great Britain, Germany, Italy and Spain – designed to help retailers, manufacturers and the media understand how inflation is evolving across Europe’s largest grocery markets and how shoppers are responding. This press release [...]
Quilter toasts record inflows as financial advice push pays off August 6, 2026 Quilter has posted record net inflows as the wealth management firm toasts the success of capturing customers seeking financial advice. Total assets under administration and management (AUMA) jumped 25 per cent to £157.4bn in the first half of the year. The hike was driven by a 32 per cent increase in core net inflows to [...]
Neurodiversity, employment law and ‘reasonable adjustments’ – the new HR headache August 6, 2026 The death of the ‘one-size-fits-all’ policy in HR departments is a result of businesses being caught between a rock and a hard place when it comes to neurodiversity in the workplace, as corporations battle to support staff within the bounds of very complex employment laws – and very personal interpretations of them. Over recent years, [...]
Thumba Announces Strategic Partnership With Testhouse to Accelerate AI-Powered Quality Engineering Innovation August 6, 2026 Thumba, an AI-driven software quality engineering platform that automates the end-to-end development lifecycle, today announced a strategic partnership with Testhouse, a global leader in quality engineering and digital assurance. As organisations accelerate digital transformation, engineering teams face increasing pressure to deliver software faster without compromising quality. This partnership brings together Thumba’s AI-powered platform and Testhouse’s [...]
Russian propaganda website hit with record ‘pink slime’ payout at High Court August 6, 2026 An Uzbek businessman has been awarded £105,000 in damages and £117,663.38 in legal costs after winning a defamation suit against a UK publishing network – the largest publicly reported payout in a so-called ‘pink slime’ case. A City AM investigation into British publisher 2Trom was presented as evidence in the High Court case after we [...]
Astrazeneca and Jaguar Land Rover given power to endorse talented migrants for visas August 6, 2026 A select group of private companies including Astrazeneca and Jaguar Land Rover will be able to endorse migrants to enter the UK on a skilled talent visa for the first time. The list of over 100 companies, which also includes GSK, Arm and a range of large companies and research start-ups, will now be able [...]
Tritax Big Box taps investors for £350m London data centre splurge August 5, 2026 Listed real estate investor Tritax Big Box has revealed plans to raise £350m through a new share issue to pump into the construction of London data centres. The FTSE 100 company told investors it had nearly doubled its pipeline of grid connection agreements to 507 megawatts and would use the fresh funding to “unlock the [...]
eClerx Reports Strong Q1 FY2026-27 Results; Revenue Stands at INR 1,170.2 Crore, up 23.8% YoY August 5, 2026 eClerx Services Ltd (ECLERX.NS), a global leader in AI-powered analytics, digital operations, automation, and business process management, today announced its financial results for the quarter ended June 30, 2026. The company delivered a strong start to FY2026-27, reporting healthy growth in revenue and profitability, supported by disciplined execution, continued client demand and momentum across its [...]