HSBC job cut plans add to mounting AI warnings for banks March 19, 2026 HSBC is weighing up cutting as many as 20,000 jobs across its global business as part of a longer-term push towards automation and AI, forming the clearest signal yet of how the technology is beginning to reshape the banking workforce. According to reports, the lender is understood to be considering reductions equivalent to around 10 [...]
‘Here’s a picture of a hamster’ – 4Chan ridicules Ofcom after UK regulator issues £500K fine March 19, 2026 US-based forum 4Chan has ridiculed Ofcom after the UK regulator hit them with a £520,000 fine for breaching the UK’s Online Safety Act, in a case that underlines the growing challenge of enforcing digital rules on overseas platforms as well as the increasingly combative response from parts of the tech ecosystem. The bulk of the [...]
TITAN Group: Full Year Results 2025 March 19, 2026 Very strong performance delivers another record year
UK-First AI Case-Finding Pathway Launched to Improve Early Detection of Oesophageal and Gastric Cancer March 19, 2026 A new NHS-first, AI-enabled case-finding pathway has launched across North East Essex, aiming to improve the early detection of Oesophageal and stomach cancers, some of the hardest cancers to diagnose early and among those with the poorest outcomes in England. Delivered in partnership between AstraZeneca, C the Signs, NHS Suffolk and North East Essex Integrated [...]
From tech bros to underclasses – AI has trust issues March 19, 2026 AI should work for you, right now it’s being done to you. Here’s three ways to solve AI’s trust problem, says Lewis Liu Alex Karp, co-founder and CEO of Palantir, the American AI military surveillance platform, recently said on CNBC: “The one thing that I think that even now is underestimated by all actors in [...]
Veyco and Entrust Deliver the First Integrated QES with Standards-Aligned Identity Verification for UK Property Transactions March 19, 2026 News summary Veyco and Entrust join forces to power Qualified Electronic Signatures (QES) with AI-powered identity verification, enabling fully remote signing. The solution streamlines processes in a highly regulated environment, helping organizations to meet AML, KYC and eIDAS requirements. Following HM Land Registry’s acceptance of QES, Nationwide Building Society has become the first lender to enable electronically signed mortgage deeds.
REPLY Unveils the New Editions of the Reply AI Music Contest and Reply AI Film Festival under the Theme “Imaginatio Nova” March 19, 2026 This year once again, the top finalists of the music contest will perform live on stage at Kappa FuturFestival in Turin, while the finalists of the film contest will be invited to an event organised by Reply and Mastercard, to be held in September in Venice.
DFS defies wet weather to double profit March 19, 2026 Furniture retailer DFS almost doubled its half-year profit despite recording lower shop footfall as wet weather dampens sales across retail. The London-listed company recorded a £30m profit in the first half of this year, almost double the £16m recorded the year prior, as revenue grew by nine per cent to £548m. The wet weather has [...]
Bank of England Live: Interest rates held in first unanimous vote in eight years March 19, 2026 Welcome back to City AM‘s ongoing coverage of the interest rates decision. Interest rates have been held as rate-setters at the Bank of England warned the war in Iran could send prices spiralling as soon as April. In the first totally unanimous vote in eight years, all members of the Monetary Policy Committee voted to [...]
AI will not replace auditors’ judgment, says regulator chief March 19, 2026 The rise of AI presents a critical moment for the accountancy profession to prove that its “value-add” goes beyond tasks that can be automated, according to the industry’s watchdog boss. Speaking to City AM, Richard Moriarty, chief executive of the Financial Reporting Council (FRC), said that with every technological shift, the accountancy sector loses low-level [...]