Even Claude says AI watermarking is no ‘silver bullet’ August 18, 2026 Claude has questioned whether watermarking AI-generated text can ever provide a foolproof way to identify machine-written material, just days after its maker, Anthropic, began embedding invisible marks into the chatbot’s own output. Asked by City AM whether AI-generated content should be watermarked, Claude warned that simple marks can be “cropped, screenshotted, or edited out”, while [...]
Law firm at centre of BHP mammoth lawsuit sued by its own funder August 18, 2026 City law firm Pogust Goodhead is facing an £84m lawsuit from its own funder over a dispute related to its high-profile case: the record-breaking group action against mining giant BHP. The firm, formerly known as PGMBM, recently secured a major victory in one of the largest legal actions ever heard in the English courts. Last [...]
KX Appoints James Hollands as Chief Revenue Officer, Strengthening Capital Markets Leadership Team August 18, 2026 KX, the data intelligence platform built for capital markets, today announced the appointment of James Hollands as Chief Revenue Officer (CRO). His appointment builds upon a series of strategic executive additions that strengthen the company’s capital markets expertise as financial institutions accelerate investment in AI, real-time data, and next-generation market infrastructure. Hollands joins KX following [...]
Asda credit card firm Jaja faces 15 per cent loan interest as debt pile swells August 18, 2026 The company behind the Asda credit card has added to its debt pile after posting a widening loss. Jaja Finance, which operates the supermarket’s card alongside its own credit card services, has drawn down nearly £50m from a debt facility since March, for which it pays an eye-watering 15 per cent annual interest rate. That’s [...]
Gradiant Expands US Operations with New Leadership, Office Openings, and Long-Term Services Contracts August 18, 2026 Every microchip, data center, and megawatt of AI capacity depends on water. Today, Gradiant, the water layer of the AI economy, announced a series of milestones reinforcing its ability to solve that constraint across the United States: a new US leadership hire, three new offices, a new innovation center, and long-term services contracts, including one [...]
Space X-linked Marex in £25m Nottingham Forest front-of-shirt deal August 18, 2026 Space X-linked global services platform Marex have become Nottingham Forest’s front-of-shirt partner ahead of the Premier League’s return on Friday. The multi-year deal sees the brand replace Bally’s as the Premier League ushers in a voluntary ban on gambling and casino brands being on the front of player shirts. Marex Financial was the firm that [...]
Klarna cuts revenue target as it forecasts softer European volumes August 18, 2026 Klarna has downgraded its revenue target for the year following unfavourable currency shifts and reduced activity from softer European volumes. The Swedish fintech unicorn said it expects to make between $4.08bn and $4.16bn for the current financial year, down from its previous forecast of over $4.34bn (£3.21bn). This came alongside a reduction in predicted gross [...]
Poundland owner eyes sale one year after takeover August 18, 2026 The owner of Poundland is weighing up a sale of the discount retailer only one year after snapping it up for just £1. Gordon Brothers, a Boston-based investment firm, is in talks with advisers over launching a potential auction for the retailer – which is in the midst of a drastic restructuring. The sale would [...]
Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’ August 18, 2026 A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued. Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]
Picky Brits: Heatwave fuels surge in finger food spending August 18, 2026 Record summer temperatures have driven a surge in “picky bits” spending as British shoppers rush to the chilled aisle in a boost to UK supermarkets. The sweltering heat is causing Brits to cut back their grocery bills, instead spending little and often on items like olives and quiche, according to figures from Worldpanel by Numerator. [...]