Nik Storonsky-backed Robin AI seeks rescue buyer after fundraise falls short October 28, 2025 An AI business backed by the likes of Revolut co-founder Nik Storonsky is seeking a rescue buyer after its fundraising ambitions fell short, City AM can reveal. London-based legal firm Robin AI has been put up for sale on an insolvency marketplace – meaning its future could be in doubt if a buyer is not [...]
The man on a mission to save the internet October 28, 2025 Search engines and publishers used to operate on a simple deal: publishers would let the likes of Google trawl their site, and in return Google would give them traffic. With the advent of AI, that deal is all but dead, leaving the internet’s old model under existential threat. Ali Lyon meets Matthew Prince, the man [...]
Massa £64m damages case against F1 and Ecclestone set for court this week October 28, 2025 Legal action over the controversy of the F1 2008 crash, dubbed ‘crashgate’, is set for the English High Court this week, where a judge will hear allegations from Felipe Massa that the aftermath cost him the 2008 Championship. Brazilian driver Massa competed in F1 from 2002 to 2017, serving with several teams, notably Ferrari. During [...]
TikTok US ban threat finally comes to an end October 27, 2025 After nearly five years of court battles and geopolitical wrangling, Beijing and the White House might finally be on the verge of ending a major tech standoff. The US treasury secretary Scott Bessent announced on Sunday that China and the US have “finalised the details” of a deal that would relocate TikTok’s American operations to [...]
Smuggling gangs likely to capitalise on tobacco bill, experts say October 27, 2025 As the Lords debate Labour’s tobacco and vapes Bill, experts have warned it could hand a major victory to the same organised criminal gangs behind illegal smuggling. Labour’s proposed Bill, which started the committee stage at the House of Lords on Monday, would create a generational ban on tobacco sales and implement stricter regulations on [...]
Exclusive: Cleo founder Hussey-Yeo to head fan bid for Sheffield Wednesday October 27, 2025 The founder of fintech unicorn Cleo, Barney Hussey-Yeo, has offered to front a bid to buy struggling Championship club Sheffield Wednesday, City AM can reveal. The Sheffield-born data scientist will invest his own capital as part of a bid that would involve other wealthy Owls fans, as well as the wider community if necessary, to [...]
The perfect ski holiday, with amazing slopes and yoga in the Alps October 27, 2025 It seems inevitable that these two most middle class of pursuits – a ski holiday and yoga – would be combined. Guy Taylor dons skis and attempts a downward dog I have always been a light sleeper, but to my delight, a snooze on the floor of an old gymnasium properly sends me under. The [...]
Housing market stalls as ‘fearmongering about budget’ hurts confidence October 27, 2025 House price growth in the UK has slowed and sales have dropped for the first time in two years as more buyers adopt a ‘wait and see’ strategy ahead of a tax-raising Budget next month. Zoopla found that the usual Christmas slowdown has “begun six to eight weeks early”, with buyer demand down eight per [...]
Labour to use tech to ‘shock’ UK economy into growth October 27, 2025 The UK’s Labour government is positioning deregulation and AI adoption as two key levers used to address its inherited ‘growth emergency’. Peter Kyle, business secretary and former tech secretary, recently doubled down on this strategy, articulating the dire need for the UK to aggressively “innovate its way out” of a low-growth cycle. “I’ve never known [...]
EY UK bounces back with growth in most divisions but consulting lags October 27, 2025 Big Four giant EY UK has seen a bounce back after its fee income grew by 2 per cent over the last financial year to £3.78bn, with the majority of its divisions seeing growth. The firm’s distributable profits before tax grew by over 3 per cent, from £653m in FY24 to £679m, while the giant also reported [...]