Anthropic blocks AI weapon plots after ‘catastrophic’ risk warning September 11, 2026 Anthropic has blocked attempts to use its AI models to help develop biological and conventional weapons, days after its own researchers sounded the alarm over the risks posed by increasingly powerful AI. The Claude-maker uncovered five cases in which researchers used its technology “in ways that could support biological weapons development”, according to a new [...]
Surge in third-party funding sparks wave in FTSE shareholder lawsuits September 4, 2026 A surge in the availability of third-party funding has triggered a wave of speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue-chip names, including gambling giant Entain, smoking tycoon British American Tobacco (BAT), and fast fashion retailer Boohoo, have been summoned before the High [...]
Citi hit with £5m fine for violating UK sanctions on Russia September 2, 2026 Citi has been hit with a fine of nearly £5m after regulators found it violated the UK’s sanctions regime on Russia. The Wall Street giant’s London branch was found to have processed £19.7m in illicit transactions spanning 970 payments. The Office of Financial Sanctions Implementation (OFSI) ruled that, in one instance, Citi failed to freeze [...]
Badenoch bets on experience as Griffith and Tugendhat claim shadow cabinet top spots August 31, 2026 Andrew Griffith has been announced as the new shadow chancellor, replacing Sir Mel Stride in a Conservative Party reshuffle carried out before parliament returns on Tuesday. Griffith, who was the shadow business secretary, will now lead on economic policy for the Tories heading up a new Conservative Economics Unit. Kemi Badenoch’s decision to sack Stride [...]
Ex-UK minister Robertson rubbishes Ukrainian claims he aided Russia’s Olympic return August 10, 2026 Former Sports Minister Sir Hugh Robertson has shut down claims he was central to Russia’s readmission into the Olympic Games, telling City AM that claims he is a “Russian stooge” are “rubbish”. The former Conservative cabinet minister and the International Olympic Committee’s chair of the Working Group on the Fundamental Principles of Olympism, has described [...]
Champions Cup rugby team hacked in ransom attack with player data at risk August 7, 2026 Champions Cup rugby club Stade Francais has said it is the victim of a cyber attack, with reports stating players’ identity documents are being held to ransom. Cybercriminals have reportedly threatened to release documents relating to players, having already unveiled a number of identifiable documents belonging to 18 players. “Immediate containment, investigation and recovery measures [...]
Russian propaganda website hit with record ‘pink slime’ payout at High Court August 6, 2026 An Uzbek businessman has been awarded £105,000 in damages and £117,663.38 in legal costs after winning a defamation suit against a UK publishing network – the largest publicly reported payout in a so-called ‘pink slime’ case. A City AM investigation into British publisher 2Trom was presented as evidence in the High Court case after we [...]
Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation August 5, 2026 The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]
Donald Trump is creeping towards a shrewd sanctions policy August 4, 2026 President Trump is shifting toward a more solidly pro-Ukraine position which, while welcome, will require careful calibration to mitigate potential global trade disruptions and address corporate enablers of the Russian war effort, says Derek Grossman President Trump’s warm welcome on Tuesday to Volodymyr Zelensky, his Ukrainian counterpart, shows that he is moving, fitfully, toward a [...]
Ten Finalists Announced for the Reply AI Film Festival, the International Competition Bringing Together Cinema and Artificial Intelligence July 28, 2026 The jury, chaired by Gabriele Salvatores, will announce the winners in Venice on Sunday, 6 September.