UK AI investment hits record £8.3bn as London tightens grip on tech boom May 18, 2026 Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]
Can an e-bike subscription win over London commuters from Lime and Forest? May 17, 2026 London’s dockless bike market has become increasingly competitive, but for regular riders the main difference between operators is often cost, rather than convenience. Lime and Forest dominate much of the capital’s dockless cycling network and both have become embedded in the daily commute, particularly across central London where short journeys are often quicker by bike [...]
City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms May 15, 2026 A group of City grandees has sounded the alarm on the wave of foreign firms picking off rivals from London’s stock market, after a flurry of unsolicited offers took the combined value of UK companies poised to leave Britain’s ailing bourse to £43bn. Some 22 listed companies have already accepted or received bids that would [...]
AI is driving McKinsey’s business model and talent overhaul May 15, 2026 McKinsey & Company’s business model is changing to prioritise performance-based pay, a shift largely driven by the impact of AI, City AM understands. The Big Three consulting giant has told senior staff it plans to overhaul its remuneration structure for partners, with more of their pay potentially coming in the form of equity in the US-headquartered partnership. [...]
The Super scaler playbook: What Sam Smith wants every founder to know May 15, 2026 City AM proudly partnered with SCALE EXPO & SUMMIT on 22 April. ScaleUp Institute CEO Irene Graham sat down with Sam Smith, entrepreneur, former finnCap CEO, and founder of the Super Scalers. Their candid conversation, around ‘Growth, Myths and Mindset Shifts’, covered what it really takes to scale a business to £50 million and beyond, [...]
Bentley Bentayga Speed: The maddest, baddest SUV you can buy May 15, 2026 Bentley has long been synonymous with luxury, but the British marque seems determined to dial up the sporting side to its character. Last year, Bentley unveiled the Supersports, a lightweight, rear-driven road racer. A ‘FULL SEND’ video, with Travis Pastrana driving fast and sideways around the company’s campus in Crewe, introduced the 666hp coupe to [...]
What does new City minister Rachel Blake have in store for the Square Mile? May 15, 2026 The Westminster drama has hit the City in more ways than one. After Wes Streeting’s resignation triggered a mini-reshuffle, Felix Armstrong and Samuel Norman take a look at what the new City minister might have in store. In just under two years, the City has its fourth minister. Tulip Siddiq resigned in January 2025 after [...]
On this day in 1940: McDonald’s is born in a strange kitchen in California May 15, 2026 On this day in 1940, Mac and Dick McDonald opened an octagonal kitchen in San Bernardino and changed food forever, writes Eliot Wilson.
eClerx’s FY26 Revenue at INR 4,217.4 crore, up by 22.6%, Q4 FY26 Revenue at INR 1,135.4 crore up by 23.9% May 15, 2026 Revenue from operations rose to INR 4,117.0 crore in FY2025-26, as compared with INR 3,365.9 crore in FY2024-25, representing a 22.3% Y-o-Y growth. In U.S. dollar terms, operating revenue stood at USD 468.9 million in FY2025-26 versus USD 397.6 million in FY2024-25, representing a 17.9% Y-o-Y growth. Net profit increased to INR 706.2 crore in FY2025-26, as against INR 541.1 crore reported in FY2024-25, representing a 30.5% Y-o-Y growth.
Allica lands £350m in British Business Bank scheme aimed at fintechs May 15, 2026 Allica Bank has bagged lending backing from the UK’s state-owned economic development bank, in a scheme designed to bolster high-growth challengers that lend to small businesses. The London-based fintech – which sealed its status as a $1bn unicorn earlier this year – has landed £350m in the British Business Bank’s ENABLE Guarantee scheme, City AM [...]