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3776 Search results for Competition and Market Authority

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  • UK and Korea prepare for second AI safety summit in Seoul

    April 12, 2024

    The UK and the Republic of Korea are gearing up for the second Artificial Intelligence (AI) Safety Summit, set to be held in Seoul on 21 and 22 May.

  • Competition watchdog issues warning on AI foundation models like ChatGPT

    April 12, 2024

    The CMA said it is concerned about the concentration of market power among a handful of incumbent technology giants' AI models.

  • Has Tesco benefited from people trading down?

    April 10, 2024

    Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers. 

  • Regulator floats reversal of key part of Mifid II as current rules ‘restrict’ UK asset managers

    April 10, 2024

    It said today that following a consultation, it will open up new doors by giving them more freedom and choice in how they pay, amid concerns it makes UK asset managers internationally uncompetitive.

  • Shell looking at “all options” on “undervalued” London listing

    April 8, 2024

    Wael Sawan, the head of the largest company on the FTSE 100, described London as an "undervalued location".

  • London-listed veterinary services firm CVS hit by cyber attack. Here’s everything we know so far

    April 8, 2024

    It said after realising it was under attack CVS "took immediate steps to isolate the issue and, to prevent wider unauthorised access", taking its IT systems offline.

  • Grand Designs’ Kevin McCloud: Big builders are artificially driving up house prices for profit

    April 7, 2024

    Most of the issues in the market can be traced back to the big builders that dominate the sector, TV presenter Kevin McCloud, told City A.M.

  • Competition watchdog escalates probe into Vodafone-Three tie-up

    April 4, 2024

    The competition watchdog's formal phase two review will investigate whether the deal could harm competition in the UK's telecoms sector.

  • Bunq becomes first EU neobank to report annual profit after surge in users and interest rate boost

    April 4, 2024

    Dutch mobile banking firm Bunq has become the first EU neobank to report an annual profit as it gears up to re-enter the UK market and mulls an IPO.

  • Formula 1 owner Liberty revs up motorsport interest with £3bn deal for MotoGP parent Dorna

    April 2, 2024

    F1 owner Liberty Media will takeover the motorcycle racing league MotoGP via a £3bn deal with Bridgepoint and Canada Pension Plan Investment Board.

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