Goldman-linked EY breach highlights new era of undetectable data theft Tech Sensitive corporate data can be stolen through everyday workplace software without setting off traditional cyber defences, Darktrace has warned, after a breach at the Big Four giant exposed information linked to Goldman Sachs and Man Group. Nathaniel Jones, senior vice president of global threat intelligence at Darktrace, told City AM attackers were increasingly able to [...]
UK tech scale-ups raise £3.4bn as Burnham faces test over British investment Tech Britain’s latest crop of high-growth tech companies have raised £3.4bn between them and employ more than 6,000 people, as Andy Burnham faces pressure to get more British capital behind home-grown firms. Tech Nation on Wednesday unveiled the 50 companies in its Future Fifty 2026 cohort, spanning AI, fintech, health, defence and energy. Together, the companies [...]
Britain needs a new Richard Branson Opinion Richard Branson continues to be the best champion the UK has as a place to do business despite founding his first business decades ago. Branson is a global success, but he should have a successor by now, says Philip Salter A few months after England lifted the 1966 World Cup, Sir Richard Branson started working [...]
Where are Andy Burnham’s economic advisers? August 5, 2026 Andy Burnham’s allies boasted that highly-regarded economists had been lured as advisers. Mauricio Alencar and Ali Lyon report on the non-appointments of some of Britain’s best economists – and what the Prime Minister and Chancellor’s new teams look like. In the end, all it took was a few rumours. In the weeks leading up to [...]
AI Minister: Visa reform key to keeping tech giants in Britain July 27, 2026 AI Minister Kanishka Narayan renewed calls for more visas for top engineers, arguing that the UK will need to do more to help tech companies scale at home rather than sell overseas. In his first interview since joining Andy Burnham’s cabinet, Narayan said he would use his seat at the top table to push for [...]
UK government probes OpenAI breach after ‘unprecedented’ hack July 22, 2026 The UK government is probing the first known case of an artificial intelligence model breaking out of a controlled test by itself and hacking another company’s systems. Officials at the government-backed AI Security Institute (AISI) are investigating the security breach at OpenAI and whether similar incidents could occur at other top developers, a spokesperson told [...]
Darktrace says Anthropic was right to pause Mythos on ‘security and safety’ grounds July 7, 2026 Darktrace has backed Anthropic’s temporary restrictions on its most advanced AI models, arguing the move was about safety rather than shutting Britain out of its frontier model. Nicole Carignan, Darktrace’s SVP of AI and security strategy, told City AM the short-lived curb on Anthropic’s Mythos and Fable models should not be read as a straightforward [...]
Avantia, Hoxton Ventures’ Portfolio Company, Acquired By Carta May 13, 2026 Acquisition Marks Major Milestone for AI-Native Legal-Tech Pioneer and Early Hoxton Investment
Revealed: The 2026 City AM Awards Winners May 7, 2026 Around 500 guests enjoyed a night of celebration at London’s Guildhall on Wednesday 6 May where the winners of the 2026 City AM Awards were crowned. From 60 finalists across 12 categories, the judges chose their champions. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of [...]
Trojan tools: AI is professional services’ newest cyber liability April 21, 2026 As the UK government ramps up pressure on businesses to strengthen their cyber defences over Anthropic’s Mythos, professional services firms are already feeling increasingly anxious about cybersecurity. In the last month, a hacker gained access to one of Bain & Co’s internal AI tools, which followed another attack that exposed cybersecurity flaws in a system [...]