Accountants ‘still in high demand’ despite AI impacting sector May 22, 2026 Accountants in the UK are still in high demand despite the impact of AI on the sector, according to new research from the Institute of Chartered Accountants (ICAEW). The body, which regulates and supervises around 12,000 accountancy and audit firms in the country, said that accountants “are still in high demand” even as AI reshapes [...]
Morrisons blames Labour for closure of 100 lossmaking stores May 22, 2026 Morrisons has taken aim at Labour policy for “significant cost increases” as it announced the closure of 100 lossmaking stores. The supermarket chain said on Thursday that it will close the 100 unprofitable Morrisons Daily convenience stores, in a move which could affect hundreds of jobs. Morrisons has faced steep debt costs following its £7bn [...]
KBRA Releases Research – European Data Centre Event—KBRA Event Recap May 22, 2026 KBRA releases a recap of its European Data Centre Event in London on 20 May, bringing together sector experts, investors, issuers, operators, bankers, and other market participants for an afternoon of discussions on the key themes shaping the European data centre landscape. The programme focused on how artificial intelligence (AI)-driven demand, power availability, development constraints, [...]
As it happened: Stocks jump on peace hopes; Reeves hit by falling retail sales and surge in borrowing May 22, 2026 Good morning and welcome back to the City AM liveblog. Oil prices remain volatile and heightened as peace talks in the Middle East continue to run into stumbling blocks. Brent crude futures were up to $104 this morning following reports that Iran’s Supreme Leader was ordering for the nation’s enriched uranium reserves to remain in [...]
Smarsh Introduces New Anthropic Integration to Capture and Govern Claude Enterprise Data Within Its Platform May 21, 2026 New integration brings generative AI interactions into full compliance visibility—allowing Smarsh to supervise and detect risk within existing workflows
‘We cannot regulate cyber threats away,’ top lawyer warns May 21, 2026 British businesses are facing a growing compliance burden as governments race to respond to rising threats and the rapid spread of AI, but regulation alone may not solve the problem. “We cannot regulate cyber threats away”, partner and head of data and cyber at international law firm RPC Cavan Fabris told City AM. “There’s a [...]
‘It will reduce jobs’ – Jamie Dimon sounds off on AI’s impact on banks May 21, 2026 One of the world’s leading financial figures has warned AI will inevitably lead to a cut in jobs amid growing jitters around the impact the new tech will have on the banking sector. Jamie Dimon – the top boss of America’s largest bank, JP Morgan – said: “I think [AI] will reduce our jobs down [...]
Nvidia beats again – but Wall Street’s expectations keep rising May 21, 2026 Nvidia delivered another record-breaking quarter on Wednesday night, extending its dominance at the centre of the AI boom – but investors are increasingly asking how long the explosive growth can continue. The world’s most valuable company reported first-quarter revenue of $81.6bn, up 85 per cent year-on-year and ahead of Wall Street forecasts of $78.9bn. Net [...]
B2C2 and Solidus Labs Partner to Bolster Institutional-Grade Crypto-Native Market Integrity May 21, 2026 B2C2, a leading global digital asset market maker, today announced a partnership with Solidus Labs, the gold standard for crypto-native trade surveillance. Under the collaboration, B2C2 will deploy Solidus Labs’ HALO platform to provide multidimensional Trade Surveillance across its global operations, including the UK, USA, France, Luxembourg, Singapore and the Cayman Islands. As the digital [...]
The Live Moment Effect: Genius Sports and MediaScience Study Finds Specific Moments in Live Sports Can Double Unaided Brand Recall May 21, 2026 New research shows that brands aligned with emotionally heightened moments in live sports can improve ad effectiveness