Inside the privacy risks of Meta’s new AI app June 16, 2025 Meta’s push into consumer-facing AI has triggered a wave of concern among privacy experts and regulators, as its new chatbot app quietly exposes sensitive user data through a public-facing feed – an issue that has surfaced in multiple jurisdictions, including the UK. Launched in April, the standalone Meta AI app integrates directly with users’ Facebook [...]
Was Reeves’ Spending Review a fintech endorsement? June 14, 2025 Rachel Reeves has promised to back UK fintech and in Labour’s inaugural Spending Review, she piled billions into the tech sector. The Chancellor handed the Department for Science, Innovation and Technology (DSIT) a hefty £16.5bn budget as she took the chop to other departments. DSIT’s expenditure limit is set to grow 7.4 per cent by [...]
London Tech Week day 5: Semiconductors must become a UK strategic priority June 13, 2025 If London is serious about shaping the next era of tech, we must treat semiconductors as vital national infrastructure, writes Russ Shaw.
SXSW London 2025: How will AI change the UK tech space? June 13, 2025 Last week, City AM's Saskia Koopman attended SXSW London 2025, where she had the opportunity to speak to some of the world's leading figures in the tech space.
Agentic AI set to transform tech roles, McKinsey warns June 13, 2025 Agentic AI is poised to shift software engineering from manual coding to high-level orchestration, which is set to transform tech roles according to a McKinsey executive. Speaking at Viva Tech Paris on Thursday, Stéphane Bout, the firm’s France leader and senior partner at QuantumBlack, AI – McKinsey’s data and analytics branch – said the software industry is [...]
Will fintech banks survive falling interest rates? June 13, 2025 Fintech lenders have accelerated their swing to profitability after interest rates spiked. The UK’s neobanks pocketed record revenues in the last 12 months. Revolut’s takings grew 72 per cent topping £3.1bn. Meanwhile Monzo’s revenue hit £1bn for the first time. But this came as interest rates maintained a post-financial crisis high of 5.25 per cent [...]
Banks have used AI for decades, but ChatGPT bias changes everything June 13, 2025 Banks may have been using AI for decades, but ChatGPT and its in-built biases present a massive problem for the industry, writes Lewis Z Liu.
The UK’s critical minerals wake-up call: why midstream processing is the missing link June 13, 2025 With rising geopolitical tensions and soaring demand for rare earth elements, the UK must invest in midstream critical mineral processing to reduce reliance on China and secure its defence, energy, and technology sectors, says Nitesh Shah I have over 30 years’ experience across commodities, mining and advanced materials –watching as the UK and the West [...]
Mind the skills gap: why lifelong learning Is key to economic growth June 13, 2025 As jobs evolve and AI reshapes the labour market, aligning education with real-world skills is essential to close the productivity gap and future-proof the workforce, says Frances Haque We have long talked about the growing divide between what we learn at school and what the economy needs. The difference now is that the consequences are [...]
Spending Review: IFS chief suggests Treasury ‘making up numbers’ over DOGE-style Whitehall cuts June 12, 2025 The Ministry of Defence and Department for Health and Social Care are slated to see billions cut in Whitehall budgets in what a DOGE-style body within the Treasury described as “efficiency gains” – despite both departments set to see a real terms increase in spending between 2026 and 2029. A new government document has revealed [...]