As it happened: Starmer dealt defence blow as investors react June 11, 2026 This was the City AM liveblog on Thursday 11 June. John Healey resigned as defence secretary over a lack of funding for the armed forces, heaping pressure on Sir Keir Starmer. Industry officials reacted with regret and paid tribute to Healey. The FTSE 100 also climbed on Thursday to defy fresh tensions between Iran and [...]
BT boss bags pay rise despite £3.7bn cost-cutting drive June 11, 2026 BT chief executive Allison Kirkby received a £5.6m pay package last year, more than double the £2.5m she earned a year earlier, as the telecoms giant accelerated a sweeping cost-cutting programme designed to strip billions from the business. According to the FTSE 100 group’s annual report, Kirkby was paid £5.58m for the year to 31 [...]
Integreon Names Krishna Nacha CEO June 11, 2026 Seasoned B2B Transformation Executive to Lead Integreon's AI-Driven Growth and Strategic Expansion
Kraken Launches Autonomous Agents for Utility Customer Service Built in Partnership with Sierra June 11, 2026 Developed in partnership with Sierra, Autonomous Agents combines Kraken’s utility AI-enabled operating system, unified data model and workflow engine with Sierra’s AI customer experience platform Built on Kraken’s Utility-Grade AI® and AI access layer, Autonomous Agents help customer service teams design, test and deploy agents for energy and utility-specific service journeys Autonomous Agents are already proven in enterprise-scale deployment, going live in four weeks and scaling to cover 1.3 million customer accounts at a major energy utility
Hypha Emerges From Stealth, Announces a $50M Seed Round June 11, 2026 Backed by banks, private credit, private equity and real estate insiders, Hypha is turning fragmented investment data into structured intelligence
AI is transforming job references June 11, 2026 A startup with less than $20m just automated trust with an AI model that gathers references. Every executive should read this.
KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants June 11, 2026 Big Four giant KPMG’s removal of its Friday early finish for employees is affecting branding and souring the mood among staff, who may see this as a signal to reconsider a career at the firm. Time spent working at a Big Four giant was once a prized bauble to list on a CV. But with [...]
Comrade Trustee Services goes live with Smartstream’s Air, the AI reconciliation and data automation solution June 11, 2026 Key Facts Comrade Trustee Services is live on Smartstream’s Air for automated reconciliations with fully integrated workflows. The implementation replaces highly manual, spreadsheet-driven processes and complex file handling with a single-click, straight-through AI-driven workflow. This will improve accuracy, control and operational efficiency. Processing time has been reduced from up to eight hours to under five minutes, with additional scalability for complex file types, formats and reconciliation logic.
AI infrastructure boom helps power Halma to record sales and profit June 11, 2026 The AI infrastructure boom helped underpin another record year at Halma as the FTSE 100 safety and equipment maker delivered more than £2.5bn in annual revenue for the first time. The 130-year-old group, which owns dozens of specialist businesses across safety, healthcare and environmental tech, posted record revenue and profit, extending a growth streak that [...]
Industry Execs Think Digital Transformation Is Working – but Staff Still Rely on Shadow IT to Get the Job Done June 11, 2026 New Cogna research reveals Britain’s physical industry workers are losing two days a week to manual tasks they feel AI could do