Cuts, struggles and breakups: How is AI reshaping the consultancy sector? July 2, 2025 Amidst the job cuts at Big Four, crisis mode is rearing at consultancy firms as the industry struggles to keep up with the AI world
Artists, pop stars, musicians, lend me your ears: We can’t stop AI from using our work July 2, 2025 Banning AI from training on artists' work is like banning people from reading, writes Sir Robin Millar in today's Notebook.
British banks shed workers at fastest pace since 2018 July 2, 2025 British bankers were on the chopping block in 2024 as UK lenders marked the steepest drop in headcount since 2018 amid an industry-wide digital push. Total employee numbers at British lenders slumped 5.25 per cent to 580,371, falling to the lowest number in a decade. Standard Chartered and HSBC made the biggest culls at 4.5 [...]
Retail investors cut back on dining out to free up investment capital July 2, 2025 Retail investors have become more frugal, but only so they can invest more, writes Carl Hazeley, CEO of retail investor hub Finimize.
Premier League kicks off AI era with five-year Microsoft deal July 1, 2025 The Premier League has inked a five-year deal with Microsoft to overhaul how fans engage with the game. But the tie-up also tightens Big Tech’s grip on British sport, reigniting scrutiny over data use and monetisation. Under the agreement, Microsoft will become the League’s official cloud and AI partner, with its Copilot technology powering a [...]
Hey Siri: Can ChatGPT save Apple’s AI woes? July 1, 2025 After years of insisting it could do AI its own way, Apple is now reconsidering that approach – and the implications could reshape its core product experience. The iPhone maker is in talks with Anthropic and OpenAI about powering a revamped Siri, reported Bloomberg, potentially swapping out its own foundation models for one of their [...]
Government pledges to back UK fintech with regulation overhaul July 1, 2025 The government has pledged a regulation shakeup to support UK fintech as it seeks to slash the red tape blocking innovation. Speaking at City Week, technology secretary Peter Kyle said the government’s new Regulatory Innovation Office (RIO) would develop new smart tools to make navigating regulatory procedures “faster, clearer and more accessible”. This will include [...]
Stock markets shrinking: where could investors turn for growth? July 1, 2025 Darktrace, Skechers, Royal Mail – more and more companies are being taken private. But investors needn’t miss out. Investing in private companies is no longer off-limits – and you can invest from just £10,000. Global stock markets are shrinking. Last year alone, they saw a net decline of over $120 billion – three times the total [...]
Jon Slade takes over the top job at the Financial Times July 1, 2025 Jon Slade today becomes chief executive of the Financial Times, stepping into the top job after two decades at the paper, and 30 years in the media industry. He is replacing long-serving chief executive John Ridding, who announced his decision to step down last year after almost 20 years in post and over three decades [...]
Replacing graduates with AI will hurt businesses in the long run July 1, 2025 Replacing graduate roles with AI does not build a smarter business, it builds a shallow one, writes Paul Armstrong.