B&Q owner eyes warm weather boost as sales fall May 26, 2026 B&Q’s FTSE 100 owner will be hoping for a heatwave boost after it blamed poor weather for falling sales at the start of the year. Kingfisher, which also owns Screwfix and home improvement retailers in France and Poland, saw total like-for-like sales dip by 0.9 per cent to £3.3bn in the first quarter of the [...]
‘Delighted to be wrong’ – Sam Altman changes tune on AI job apocalypse fears May 26, 2026 OpenAI boss Sam Altman has softened his warnings over AI wiping out white-collar work, saying the feared “jobs apocalypse” has so far failed to materialise despite the tech rapidly reshaping business decisions and operations. Speaking on Tuesday, Altman admitted he had expected AI to eliminate far more entry-level office jobs by now following the launch [...]
Top City law firm slammed for ‘misleading’ AI letters sent to court May 26, 2026 A well-known London-headquartered law firm has been criticised by a High Court judge after a lawyer sent the court AI-generated letters containing false legal information. A judgment handed down on 22 May found a junior solicitor at Pinsent Masons used AI to draft two “misleading” emails containing so-called hallucinations sent to the High Court [...]
London AI jobs boom as Anthropic salaries hit £630k May 26, 2026 London’s AI hiring race is accelerating at dizzying rates, with Anthropic offering some engineers in the capital as much as £630,000 a year as Big Tech firms battle for AI talent. The US AI giant, backed by Amazon and best known for its chatbot Claude, is currently hiring for over 40 London roles as it [...]
Mia Drennan: I was selling Macks in Debenhams – now I run a unicorn May 26, 2026 It took Mia Drennan 400 meetings to get her loan agency off the ground. Over 15 years later, she speaks to Ali Lyon about the recent investment that took the firm to fabled unicorn status, and what lies next. It is half-past-five on a balmy Thursday evening and in a cavernous central London office, a [...]
ROYC and Stilla Enter Strategic Partnership to Operationalise Agentic AI in Private Markets May 26, 2026 ROYC today announced a partnership with Stilla.ai as the platform layer where ROYC will create, share and run its internally developed AI skills and agents. This operationalises the agentic AI strategy ROYC set out earlier, equipping every function across the company with the tools and resources to build and deploy their own AI agents and [...]
Will Sky Garden pick up a coveted Toast the City award? May 26, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with Sky Garden director Monika Kowalewska-Kheir. To nominate your favourite Square Mile spots for the 2026 awards, from bars and restaurants to galleries and green spaces, visit the Toast the City website here. [...]
James Reed: UK needs entrepreneurs desperately. So I’m gonna fund them May 26, 2026 My father founded Reed in 1960 with just £75. My new fund will help create the next generation of entrepreneurs, says James Reed.
How can we trust the justice system when AI is hallucinating evidence? May 26, 2026 AI-hallucinated evidence in court has become a structural issue that needs a procedural response, writes Nicholas Blomfield.
ePass Aims to Be Scotland’s Top GovTech Scaleup After Reporting £1M Revenue in First Year May 25, 2026 ePass has set its sights on being Scotland’s most successful GovTech scaleup, following the GovTech startup winning one of the largest CivTech challenges to date, and its tobacco and vapes retailers register being deployed in 6 months, while reporting £1m of revenue in its first twelve months. This press release features multimedia. View the full [...]