‘Pro-business’ Burnham eyes Reynolds return to top business job July 18, 2026 Andy Burnham is planning to bring Jonathan Reynolds back as business secretary as the incoming prime minister moves to deliver on his pledge to lead a “pro-business” government. Reynolds, who served as business secretary until last September before becoming chief whip, is expected to return to the department when Burnham unveils his cabinet this week, [...]
What a room full of the Indian diaspora’s biggest names revealed about Britain’s AI opportunity July 16, 2026 This week an Indiaspora dinner chaired by Tony Matharu, founder and Chairman of Integrity International Group and Central London Alliance CIC at The Skyline London, located in Tower Suites, brought together forty of the most accomplished business leaders, entrepreneurs and policymakers of Indian origin working across Britain today. With the Indian diaspora creating a global [...]
CFIT CEO: There’s still not enough diversity in the City July 16, 2026 Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, gives us her views on the City in Square Mile and Me.
The Capitalist: A Reeves speech or swan song? Dispatch from Mansion House July 16, 2026 Summer evenings with Rachel Reeves, Geoff Hurst and Keval Joshi; catch up on the latest gossip in this week's The Capitalist.
Options Technology Appoints Stephen Dorrian from Cboe Global Markets as Senior Vice President of Enterprise Data July 16, 2026 Options Technology, the leading provider of high-performance trading infrastructure and market data solutions, today announced the appointment of Stephen Dorrian as Senior Vice President, Enterprise Data. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260716325084/en/ Stephen joins Options from Cboe Global Markets, where he served as Head of Market Data and Access Services, [...]
Fourthline and Veridas Join Forces to Fight Identity Fraud with a Global Identity Platform July 16, 2026 Founded in Europe, now with global reach: backed by European investors and bringing bank-grade European compliance standards to markets worldwide Customer Value: A streamlined, end-to-end user experience that protects identity across the entire customer lifetime and helps customers grow revenue safely and compliantly. The Expected Result: Fourthline and Veridas are joining forces to create a global bank-grade identity platform: sovereign AI, modular compliance, and proprietary anti-fraud and biometric technology across Europe, Latin America, and the US. One trusted partner for end-to-end KYC, AML, and Identity compliance. Terms of Deal: Following completion of the merger, Veridas shareholders (including BBVA) will continue as shareholders in the combination, and the transaction will be partially funded by existing Fourthline investor Finch Capital and new investors including Rabo Investments, the captive investment arm of Rabobank. Expected close is in the second half of 2026, pending customary closing conditions including applicable regulatory approvals.
There’s a 45 per cent chance this op-ed was written by AI July 16, 2026 Emma Divers was trained to write using the technique now being flagged by AI detectors. She says the AI crackdown could become a witch hunt.
AI minister: UK sets sights on global AI leadership, not Silicon Valley emulation July 15, 2026 AI minister Kanishka Narayan said the UK must build enough domestic AI capability to “shape our own destiny” rather than rely on overseas tech giants as the government accelerates its push to develop sovereign AI infrastructure. Narayan told City AM that AI had become “the defining currency” of geopolitical and economic power, arguing that the [...]
Energy minister says AI must ‘bring down bills’ as data centres squeeze the grid July 15, 2026 Power-hungry data centres must help bring down bills rather than place further strain on Britain’s squeezed electricity network, the energy minister has said. Michael Shanks warned public support could drop for the rapid expansion of AI infrastructure unless households saw a clear economic benefit. “We need to deliver energy security here at home, but we [...]
Crown Prosecution Service caught using AI hallucination evidence July 15, 2026 British courts have had to deal with yet another case of ‘AI hallucination’ evidence – this time from the agency responsible for conducting criminal prosecutions. The Crown Prosecution Service (CPS) issued two apologies to the High Court after it was found to have submitted documents in an extradition appeal citing two “non-existent” legal cases. The [...]