Court rejects Getty Images’ core claim in historic case against AI image generator November 4, 2025 The High Court dismissed Getty Images’ core intellectual property claims against an AI image generator, but also granted it limited historic success in a landmark UK lawsuit. US giant Getty Images sued UK-based AI image generator Stability AI, alleging it unlawfully copied and processed millions of copyrighted images to train its image generation technology. The [...]
TELEO Capital Closes Oversubscribed TELEO Capital II at $350 Million Hard Cap November 4, 2025 TELEO Capital Management, LLC (“TELEO”), an operationally focused private equity firm focused on investing in lower middle market enterprise software companies, today announced the final close of TELEO Capital II (“Fund II”) at its hard cap of $350 million in Limited Partner capital commitments. Fund II was oversubscribed and attracted a diverse group of new [...]
Exclusive: Tory peer Lord Garnier joins Pillsbury amid London expansion November 4, 2025 Tory peer Lord Edward Garnier is joining US law firm Pillsbury as senior counsel, as it continues its expansion into the City, City AM can reveal. Lord Garnier KC, currently a member of the House of Lords, served as Solicitor General under David Cameron. He was MP for Harborough from 1992 to 2017. The barrister, [...]
Young people plot a path for progress November 4, 2025 The Notebook is where the City’s movers and shakers have their say, today it’s Ella Robertson McKay with the pen This week, I’m in Munich, running the One Young World Summit – a gathering of over 2,200 young leaders, entrepreneurs, and activists from more than 190 countries. It’s the world’s most international forum dedicated to [...]
Why your businesses fell for the AI inclusion illusion – and what it’s going to cost you November 4, 2025 The purpose of generative AI is to generate the most statistically likely output. In human terms, that means mediocrity at scale, not diversity, says Paul Armstrong Corporate diversity has turned into performance art. Generative AI now makes accessibility look effortless as captions appear automatically, transcripts compile themselves and summaries glow with the language of clarity. [...]
Starmer urged to back journalism as AI erodes trust in UK media November 3, 2025 Britain’s media leaders have urged the Prime Minister to take decisive action to protect trusted journalism from a rising tide of misinformation, warning that the future of the country’s news ecosystem is at risk. In a letter to Keir Starmer, senior figures from the BBC, Sky, ITN, and the News Media Association (NMA), which represents [...]
Minimum wage hike puts pressure on professional starting salaries November 3, 2025 With Rachel Reeves poised to raise the minimum wage in her Autumn Budget, mid-tier professional services firms are bracing for significant impacts across the sector. As reported last week, the Budget will likely see employers forced to raise workers’ wages from £12.21 to at least £12.70 an hour. However, for businesses, especially those in the [...]
Salesforce: UK profit surges as 300 jobs lost November 3, 2025 The UK division of Salesforce has made another huge round of job cuts as its profit jumped by 65 per cent during its latest financial year. The firm’s headcount fell from 2,964 to 2,673 in 2024, new accounts filed with Companies House have revealed. The reduction comes after Salesforce also cut more than 450 jobs [...]
London should be the engine that saves us from decline November 3, 2025 We should be proud of our great city, but also clear-eyed about its failings on housing, crime and the cost of living, says Lawrence Newport London is like nowhere else on earth. As Matt Clifford said last week at Looking For Growth’s event Make or Break, London is the city that birthed the electrical age, [...]
AI bubble fears dismissed as sector bets on lasting tech boom October 31, 2025 Federal reserve chair Jerome Powell recently poured cold water on mounting fears that the AI boom is heading for a spectacular bust, arguing that the current surge in investment bears little resemblance to the dot-com frenzy that ended in tears two decades ago. In a press conference following the Fed’s latest rate decision this week, [...]