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      Costa Coffee hails ‘strong progress’ after Coca-Cola scraps sale

      Costa Coffee was acquired by Coca-Cola in 2019. (Photo by Dan Kitwood/Getty Images)

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  • Grant Thornton takes on Big Four giants with new £40K salary for London grads

    September 29, 2026

    Grant Thornton has raised its London graduate starting salary to £40,000 and introduced “milestone bonuses” into the pay structure as part of the firm’s ambition for significant growth. The private equity-backed firm has overhauled its early careers programme, first reported by City AM in April, and will offer ‘market-leading’ starting salaries to London juniors of £40,000 from [...]

  • Close Brothers raises cost-cutting target as job cuts begin

    September 29, 2026

    Close Brothers has dialled up its cost-cutting plans and said it was “well into next stage of restructuring” after revealing it would slash its headcount by around 20 per cent earlier this year. The FTSE 250 bank said on Tuesday it had delivered £36m of savings in its latest financial year, coming ahead of the [...]

  • “Resigned Consent”: New Global Study Finds Consumers Grant AI Access Reluctantly More Than Twice as Often as Willingly

    September 29, 2026

    New findings from Usercentrics' State of Digital Trust Research 2026 reveals resignation, not refusal, as the hidden risk behind AI adoption numbers, with German consumers granting access more reluctantly than any market surveyed.

  • Estonia and Owkin Partner to Advance Sovereign AI in Biology

    September 29, 2026

    Estonia, led by the National Applied Research Center Metrosert, and Owkin today announced a collaboration to advance sovereign AI in biological and health research, working with Metrosert, Estonia’s state-owned applied research organisation. The collaboration will evaluate how K Pro, Owkin’s AI scientist platform, can help approved researchers work with complex Estonian health data inside secure [...]

  • As it happened: FTSE 100 and bonds jitter; Burnham says Britain must be ‘honest’ about public finances

    September 29, 2026

    Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more

  • UK draws up contingency plan for ‘unprecedented’ AI job losses

    September 29, 2026

    Britain is preparing for the possibility of “unprecedented” AI-driven job losses, the AI minister has said, as companies increasingly cut staff and automate parts of their workforce. Kanishka Narayan said one of his top priorities was drawing up a contingency plan for a severe disruption to the jobs market, which could include changes to labour [...]

  • Lattice to Showcase Open Control Plane Innovations for AI Infrastructure at OCP Global Summit 2026

    September 28, 2026

    Lattice Semiconductor (NASDAQ: LSCC), the low power programmable and platform firmware leader, today announced its participation in OCP Global Summit 2026. At the event, Lattice and AMI, a Lattice company, will demonstrate how an open control plane can help organizations build secure, scalable, and manageable AI infrastructure from silicon to rack. During the event, Lattice [...]

  • Nvidia launches AI agent safeguards alongside record buyback

    September 28, 2026

    Nvidia has launched new safeguards designed to stop AI agents breaking out of controlled environments, after a series of security incidents have fuelled calls for tighter oversight of the technology. The chip giant said its Open Agent Safety Platform could have prevented OpenAI agents from breaching Hugging Face earlier this year, when thousands of agents [...]

  • eClerx Highlights AI-led Strategy for Its Next Phase of Growth at Investor Day 2026

    September 28, 2026

    eClerx Services Ltd (ECLERX.NS), a leading provider of AI-powered analytics, digital operations, automation, and business process management services, today announced key highlights from its Investor Day, held earlier this month in Mumbai, India. At the event, eClerx leadership discussed the company’s strategy, growth opportunities, and the evolving role of AI in transforming enterprise operations. eClerx [...]

  • Renault 5 E-Tech 2026 long-term review – third report

    September 28, 2026

    It happened again yesterday. Twice now, while navigating the Surrey suburbs, I’ve had a cheery wave from a fellow Renault 5 driver heading in the opposite direction. This kind of car-based camaraderie was the norm when I drove an original Mini, and I know folk with classic Land Rovers do the same. I’ve never experienced [...]

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