UK is of ‘marginal relevance’ – Nick Clegg dismisses sovereign AI push as ‘dishonest’ April 24, 2026 Nick Clegg has told City AM that the UK’s AI sovereignty debate is “slightly dishonest” due to our “marginal relevance” as a global tech player. The ex-president of global affairs at Meta also said that policy decisions taken in recent years have limited the role the UK can now play in the development of AI [...]
‘Outlook uncertainty’: Interest rates to be left unchanged in crunch decision April 24, 2026 The Bank of England is set to leave interest rates unchanged at a highly-anticipated meeting on Thursday as investors are looking for further guidance on the impact of the Iran war on the UK economy. Markets have all but priced in a hold at the Monetary Policy Committee’s next meeting, which would leave interest rates [...]
‘A London Marathon every weekend? I think we can get to that – and sell out’ April 24, 2026 Sam Browne, co-founder of the tech platform, Let’s Do This, which runs the London Marathon ballot, on its rapid growth… and the coming AI revolution. On Sunday 59,000 keen runners, amateur plodders and fundraisers dressed as, among other things, a pair of testicles will line up to take on the London Marathon. This year’s ballot [...]
Bank of England: Firms are bracing for price rises and job cuts April 24, 2026 Firms believe that employment will decline and inflation will hit four per cent in the next year, research by the Bank of England has shown, as tensions mount over spiralling wage and price growth over the next year. The Bank’s latest decision maker panel, a survey of business owners on price expectations, has fuelled concerns [...]
Big Four giant KPMG downgrades equity partners April 24, 2026 Big Four giant KPMG has begun demoting UK senior equity partners – members who hold a stake in the firm and share its profits – and instead offering them lower status salaried partner roles. KPMG, which last year paid its equity partners on average £800,000 each a year, has reportedly been inviting the partners for [...]
Magic circle Freshfields to co-build legal AI with Anthropic April 24, 2026 Magic circle law firm Freshfields has signed a multi-year agreement with AI giant Anthropic, giving the firm easy access to Anthropic’s latest AI models and collaborating to help design Anthropic’s next-generation offerings. As part of the deal, Freshfields has rolled out Anthropic’s Claude models to its entire global workforce of 5,700 users across 33 offices, [...]
WTA tennis chief Portia Archer leaves after less than two years April 24, 2026 The chief of the WTA women’s pro tennis tour Portia Archer has left her position after less than two years in post. A memo sent by the organisation’s chair Valerie Camillo said Archer’s decision to step down as chief came ahead of a contract renewal. “Portia has made important contributions to our tournaments, our players, [...]
Meta to cut 8,000 jobs as AI spending soars April 24, 2026 Meta Platforms is set to cut around 8,000 jobs next month as it ramps up spending on AI, in what marks one of the company’s largest rounds of layoffs in recent years. The move, as first reported by Bloomberg, will see roughly 10 per cent of Meta’s workforce cut, alongside plans to leave thousands of [...]
KPMG: Over half of insurance CEOs anticipate major M&A disruption April 24, 2026 Partner content, in association with KPMG Insurance A new major report by Big Four giant KPMG has revealed that over 50 per cent of CEOs in the insurance sector expect high-impact M&A deals to affect their businesses, a figure higher than in any other sector in the survey. Huw Evans, Partner and head of insurance [...]
The WhatsApp group trying to collectively sink one million pints April 24, 2026 Meet the group sharing photos of their journey to sink a million pints Plato asked how we define justice. Aristotle wanted to know what makes a good life. Einstein questioned if God plays dice with the universe, and Darwin wondered why species change. These questions changed history and laid the foundations of humankind’s place in [...]