Young men more likely to use AI to guide investment decisions September 4, 2025 Young men are more likely to use AI to guide their financial decisions compared to older generations and women. Men aged 18-34 are also increasingly likely to turn to AI for financial advice, than older generations, according to wealth management company Handelsbanken. Around a quarter of respondents who used AI admitted it was an alternative [...]
British billionaire trader offers interns £26k a month September 4, 2025 A billionaire trader has said interns at his trading empire would be paid $35,000 (£26,000) as firms fight to snap up the best tech talent. Alex Gerko, boss of XTX Markets, is offering postgraduates a 12 to 14-week research internship where they could pocket between $105,000 and $122,500. The position, a role commanding four days [...]
Revolut deepens Google Cloud partnership amid ambitious growth plans September 4, 2025 Revolut has announced an expanded partnership with Google Cloud, aiming to scale its services to over 100m customers while enhancing product innovation through AI and machine learning. The fintech giant, which currently serves over 60 million users globally, will leverage Google’s infrastructure to improve back-end operations, fraud detection, and personalised customer experiences. Revolut will harness [...]
Cryptoasset regulation is a make or break moment for the City of London September 4, 2025 The UK must rapidly adjust to new digital assets technologies like crypto or risk losing our place as a global financial hub.
How procurement teams are responding to a complex risk environment September 4, 2025 With supply chain disruption, rising prices and pressure to meet ESG and CSR aspirations, it’s more important than ever that organisations have control over how they spend budgets Procurement isn’t what it used to be. Once a behind-the-scenes function focused on reducing costs is now turning into a strategic powerhouse shaping how businesses respond to [...]
Currys kicks off year with strong sales despite high street pressures September 4, 2025 Currys has reported a robust start to its new financial year, with sales growth across the UK, Ireland and Nordics, and a £50m share buyback programme as the electricals retailer looks to reward shareholders. In a trading update for the 17 weeks to 30 August, the FTSE 250 firm said UK & Ireland like-for-like revenue [...]
Rachel Reeves told UK economy is ‘stuck in first gear’ September 4, 2025 Chancellor Rachel Reeves has been warned by top industry bosses that the UK economy remains “stuck in first gear” as the British Chambers of Commerce (BCC) said growth would be slightly higher than expected this year. The BCC has revised its GDP growth estimate for 2025 up to 1.3 per cent from 1.1 per cent [...]
‘I’ve had too many lunches to remember the best’: City AM co-founder Lawson Muncaster on 20 years in the Square Mile September 4, 2025 To mark 20 years of City AM, we spoke to the man who’s been there from the start, our managing director and co-founder Lawson Muncaster.
Peter Kyle sets out tech growth plan as UK AI sector hits £2.9bn September 3, 2025 Technology secretary Peter Kyle has pitched the UK as a “global magnet” for innovation in his keynote speech at Mansion House on Wednesday evening. His pledge comes as investment in British AI companies hit record levels last year. Figures released alongside his address confirm that private investment in UK AI firms reached £2.9bn in 2024, [...]
UK startups at risk of scaling overseas, warns Lord Mayor September 3, 2025 The UK is “in danger of becoming an incubator economy – a place where start-ups develop transformative products and services before selling up or moving abroad”, the Lord Mayor of London is set to warn tonight, urging ministers and investors to act before Britain loses the rewards of its own innovation. Speaking at the innovation [...]