What Invest 2035 will mean for UK professional services June 9, 2025 When the UK government announces its Invest 2035 on Wednesday, law and professional services will be a key component of its 10-year growth plan
London Tech Week: Barclays partners with Microsoft in major AI roll-out June 9, 2025 Barclays is set to roll out Microsoft 365 Copilot to 100,000 employees worldwide, in one of the largest known deployments of generative AI tools in the banking sector to date. The announcement was made at London Tech Week by Microsoft’s UK chief, Darren Hardman, who signalled a major step in embedding the technology into day-to-day operations in [...]
How defence can lead growth through private investment June 9, 2025 The UK’s Strategic Defence Review outlines ambitious long-term reforms, but by leveraging its strengths in finance, AI, and commercial shipping, Britain can achieve rapid defence innovation and capability gains without immediate major spending increases, says Julien de Saint-Quentin The Strategic Defence Review (SDR), published last week, was presented as a ‘transformative’, ‘once-in a generation’ exercise. [...]
Former Freshfields lawyers AI legal tech raises $30m in funding round June 9, 2025 An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding
Brits sound alarm on branch closures as Lloyds and Natwest shutter sites June 9, 2025 Over half of Brits struggle to speak to a real person when they need support, fresh research shows, underscoring the challenge facing banking customers as more top lenders shutter their branches. Research from credit information service CRIF showed six in ten consumers were unable to get the support required due to bank branch closures. This [...]
Spear guns, knuckle dusters and machetes: The ‘prohibited items’ at London Tech Week June 9, 2025 London Tech Week 2025 opened with appearances from Sir Keir Starmer and Nvidia chief Jensen Huang, but attendees got a bigger surprise from a sign at the door outlining “prohibited items” at the event. City AM has seen a list ranging from spear guns and tear gas to knuckle dusters, nun-chucks and machetes, that looked [...]
Getty Images v Stability AI trial kicks off in London June 9, 2025 Getty Images closely-watched copyright lawsuit against UK-based Stability AI gets underway at High Court
London Tech Week: Nvidia’s Jensen Huang and Keir Starmer unveil AI push June 9, 2025 Nvidia chief Jensen Huang and Keir Starmer unveiled a major AI push at London Tech Week this morning. The two figureheads have unveiled a range of changes to boost Britain’s AI infrastructure, research and industrial capacity, to help the UK become an “AI maker, not an AI taker.” US chip maker Nvidia, a leading player [...]
Alphawave reaches deal on Qualcomm takeover June 9, 2025 Alphawave is poised to become the latest tech firm to quit the London Stock Exchange after reaching a $2.4bn (£2.8bn) deal to be acquired by Qualcomm. The British semiconductor business said its board would now recommend to shareholders the terms of the acquisition after weeks of talks, which began in April. The cash offer of [...]
WPP boss Mark Read to step down June 9, 2025 WPP’s chief executive Mark Read will step down at the end of this year after the advertiser’s shares hit a four-year low earlier this year amid global economic headwinds and the rise of AI across the sector. Read departs after more a 30-year stint at the London-listed advertising group, of which seven were in the [...]