Tech Nation returns: Start-up network set for comeback under Brent Hoberman September 14, 2023 The start-up quango which controversially had its funding pulled by government this year is set to reopen in Birmingham under new ownership next month.
Friend or foe? Why short sellers are in the headlines again September 9, 2023 Short sellers can call out fraud and malfeasance but many want a firmer regulatory watch over their activities
Darktrace lowers earnings forecast as sales commission changes September 6, 2023 "The macro-economic backdrop has been a headwind for many businesses over the past year, and we have not been immune from its impact," said chief executive Poppy Gustafsson.
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
‘Burglar’ short-sellers under fire over Darktrace attack August 21, 2023 Quintessential Capital Management has been accused of 'rogue' short-selling tactics in its pursuit of Darktrace
Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs August 8, 2023 A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City A.M., Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]
The Notebook: Jimmy McLoughlin on Nick Hungerford’s legacy, the decline of City events and the PM’s chess move August 8, 2023 Where interesting people say interesting things. Today, it’s Jimmy McLoughlin, former No 10 advisor and now podcast host. Cause or correlation? Either way, a charity worth supporting Nick Hungerford, the well-liked and respected entrepreneur behind Nutmeg, passed away last month aged just 42. Before he died, he and his wife set up a charity – [...]
The Notebook: Andy Silvester on suppressed British success stories, why Global Airlines could raise the game and Bazball July 31, 2023 Where the City’s movers and shakers get a few things off their chest. Today, City A.M. editor Andy Silvester takes the pen British cynicism can mean we overlook our success stories Heading east out of the City towards the Strand one passes the ugly, brutalist facade of King’s College London, nobody’s idea of an architectural [...]
Darktrace share price spikes after EY review finds ‘no skeletons in the closet’ July 18, 2023 Shares in Darktrace shot up over 20 per cent this morning after it revealed that a review of its accounts found a “number of areas” for improvement but were not “material” to its financial reporting. The London-listed cybersecurity company hired EY in February to review its books after a short seller questioned its accounts. New York-based hedge [...]
FTSE 100 close: A stable end to a miserable week May 26, 2023 London’s FTSE 100 showed tentative signs of recovery on Friday, after a turbulent week that saw numbers from the Office for National Statistics reveal far higher levels of inflation, all but sealing further interest rate hikes. The blue-chip index started higher before settling in flat, and then closing at 7,627, up 0.74 per cent, helping [...]