MPs urge Whitehall to prioritise AI training as digital gap widens October 22, 2025 The government must urgently upskill civil servants to make effective use of AI, MPs have warned. In a new report published on Wednesday, Parliament’s Public Accounts Committee (PAC) said that gaps in digital advancements among government departments are leading to service backlogs, inefficiencies, and poorer outcomes for citizens. Sir Geoffrey Clifton-Brown MP, PAC chair, argued: [...]
AI: Not all bubbles are bad October 22, 2025 A trillion of AI investment will ultimately be wasted – but the technology could yield ten times that in value, says Nick Murray-Leslie The world has seen investment frenzies before – the railway mania of the 19th century, the dotcom boom of the late 1990s and the crypto surge of the 2020s. But what we [...]
UK investment: Optimism from Expo Real 2025 October 22, 2025 I recently returned from Expo Real in Munich, where I joined colleagues from the City of London Corporation and a UK cities delegation committed to one clear goal: To drive global investment into the UK and deliver the growth this country needs. But the competition is fierce. Cities like New York and Singapore are not [...]
Netflix shares fall as Brazil tax hit ends earnings streak October 22, 2025 Netflix’s shares dipped almost seven per cent in the wake of last night’s financial report, after the streaming giant’s strong run of quarterly earnings came to an end following a $619m (£464.8m) tax charge in Brazil dragged on third-quarter profits. The streaming giant reported a 17 per cent uptick in revenue to $11.2bn, broadly in [...]
Chelsea sign sleeve sponsor deal with Vietnamese IT firm FPT October 22, 2025 Chelsea have announced Vietnamese IT company FPT Corporation as their new sleeve sponsor across their men’s, women’s and academy teams. The move sees FPT elevated to principal partner status at the Club World Cup winners, having begun their commercial relationship earlier this year. Chelsea are still in the market for a front-of-shirt sponsor, however, having [...]
Fully remote with no associates: Meet the ‘elite’ law firm of the future October 22, 2025 US lawyers Michael Pierson and Joel Ferdinand joined forces “with the vision to build the elite law firm of the future”, going in the opposite direction of the traditional market with a tech-focused, full-service approach. Oh, and no offices. And no associates. Founded in January 2024, New York-based Pierson Ferdinand became the largest law firm [...]
AI bubble will burst unless businesses can grow 25 times the size of Amazon October 21, 2025 When numbers get large enough they cease to make sense, and the scale of investment in AI is already dwarfing the dotcom bubble, says Chris Clothier Scarcely a day goes by without a new announcement of a huge sum of money to be spent on AI. In early October, Open AI, the company behind ChatGPT, [...]
AI slop is a feature, not a bug, and your brand is the next casualty October 21, 2025 Brands that succeed in the age of AI will be those that make trust an operating system, says Paul Armstrong Google, Meta, OpenAI, LinkedIn, TikTok and the rest of the attention cartel are not drowning in AI slop by mistake, they’re selling the lifeboats. The only way out (to be seen) is to buy ads. [...]
Top Aussie pension funds wooed by Labour amid investment drive October 21, 2025 Some of Australia’s largest pension funds are being courted by the Labour government amid a rush to attract higher investment in the UK. Ahead of a summit in Birmingham, Australia’s largest pension fund AustralianSuper said it was still investing an extra £7bn UK assets over the next five years, a move praised by the government [...]
UK needs a minister for drones to prepare for modern warfare October 21, 2025 As autonomous warfare spending edges towards a quarter of the MoD’s budget, it makes sense to appoint a dedicated minister for drones.