City Police sack two over social media misuse amid rising distrust May 26, 2025 The City of London Police has dismissed two employees for social media misuse, following internal investigations into inappropriate online conduct over the past two years. From 2024 onwards, four staff members of the police covering the Square Mile were investigated for inappropriate online conduct, City AM understands. This resulted in dismissals and formal warnings in [...]
Should you let a roboadviser manage your finances? May 26, 2025 Roboadvisers offer a low-cost, hands-off way to grow your investments. Here’s what to be aware of if you’re thinking of picking one. So you’re thinking about starting your investing journey, but how do you choose where to put your money? Of course, you can consult a financial adviser, but this can be quite costly, so if [...]
Nvidia: Stage set for crucial earnings update amid US tariffs May 25, 2025 Investors are poised for a crucial update on Nvidia’s earnings after the AI chip maker has been caught up in the fallout of Donald Trump’s trade policy overhaul. The US technology giant will unveil its financial results for the first three months of 2025 on Wednesday. As the second most valuable listed company in the [...]
X down as thousands report issues with social media platform May 24, 2025 The social media platform X, formerly known as Twitter, experienced an outage on Saturday as users reported issues with the site. According to service monitoring site Downdetector, thousands of users in the UK experienced problems accessing the app and website. The site, which tracks user experiences and outages across different websites, showed that the issue [...]
I’m on a mission to bring Californian tech culture to the UK May 24, 2025 To save the UK's tech scene, some Californian magic is needed, writes Sean Kohli, who discovered his entrepreneurial spirit in the Land of Milk and Honey.
Government slammed over digital safety, as MPs demand tougher screen time controls May 22, 2025 The UK government has come under fire from education leaders and MPs after issuing what has been branded a “disappointing” and “lacking urgency” response to calls for tighter regulation around children’s screen time and digital safety. The Education Select Committee has condemned ministers for downplaying recommendations from its May 2024 report on screen time, which [...]
Sir Jony Ive joins Altman’s OpenAI in $6.5bn deal May 22, 2025 OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware. Under the deal, OpenAI [...]
Bloomsbury: Profit falls at Harry Potter publisher despite sales rise May 22, 2025 Profit at Bloomsbury Publishing, the giant most known for the Harry Potter series, was cut by almost a fifth during its latest financial year despite revenue rising. The London-listed company has reported a pre-tax profit of £32.5m for the year to 28 February 2025, down from the £41.5m it achieved in the prior 12 months. [...]
Palo Alto rallies on M&S hacks, but earnings fail to woo investors May 22, 2025 A spate of high profile cyber incidents on British retailers, including Co-op, Harrods, and most notably, Marks and Spencer, has placed cybersecurity spend back in the limelight – and Palo Alto is reaping the costs. Yet, investors are digesting a mix set of quarterly results revealed on Thursday. Ben Barringer, global tech analyst at Quilter [...]
BCG London boss: ‘I still believe diverse teams deliver the best outcomes’ May 22, 2025 We dig into the memory bank of the City's great and good. Today, it's Jessica Frame, managing partner at Boston Consulting Group (BCG) London.