OpenAI investor calls for tax overhaul as AI reshapes jobs market March 29, 2026 An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]
Social media bosses not serious about safety, says MP March 28, 2026 Tech bosses have not been “serious” about social media safety, an MP who formerly worked on Meta’s AI ethics team has said. In an interview with the BBC, former minister Josh Simons said a recent court decision finding Meta and Google liable for a woman’s childhood social media addiction should “terrify” tech chiefs. The jury [...]
Champion the one for Size at Sha Tin March 27, 2026 WITH the clocks going forward an hour, Hong Kong racing fans in the UK can at last sit down and have their Sunday morning breakfast in comfort while watching all the action at Sha Tin. The showpiece contest on the 11-race programme is the six-furlong Class Two CW Chu Alumni Handicap (10.05am) which features a [...]
Cole Palmer: Why Chelsea and England star trademarked ‘Cold Palmer’ celebration March 27, 2026 With Cole Palmer set for the Fifa World Cup this summer, why did he choose to trademark his Cold Palmer celebration? City AM asked the team behind the move. “Intellectual property: intangible property that is the result of creativity, such as patents, copyright or other,” the Oxford Dictionary says. It’s something we’d expect to be [...]
Four ways to help the HENRYs March 26, 2026 High Earners, Not Rich Yet are being hammered by tax, housing and childcare costs. Here’s how to fix the system so HENRYs don’t just participate in the workforce, but also prosper, says Louis Coke The acronym ‘HENRY’ has been around for a while, and the problem that it encompasses is only getting bigger and bigger [...]
Donald Trump is deluded, but so are we March 25, 2026 On the public finances, energy and national security, comforting rhetoric has concealed policy drift that has undermined the status quo it purported to uphold, says Alys Denby Donald Trump’s claims of an imminent end to the war in Iran may bear only a tenuous connection to reality – like his on/off tariff threats – but [...]
Blackrock boss Larry Fink says AI will boost trade jobs March 25, 2026 Society needs to rethink its view of careers as AI reshapes the job market, Blackrock chief Larry Fink has said, warning that skilled trades like plumbing and electrical work will become more valuable while some office roles decline. In an interview with the BBC, the asset manager boss claimed the US had “overdid” its push [...]
Guinness Index: How much is a pint of the black stuff in your borough? March 25, 2026 While the ONS has added hummus and dog grooming to its sample shopping basket in a bid to move with the times when tracking inflation – City AM prefers a cooler metric: the Guinness Index. Nothing encapsulates British consumer habits like Guinness’ meteoric rise: taking stout from the preserve of grey-haired aficionados to an ever-present [...]
James Reed: V-levels are Labour’s best idea yet March 25, 2026 Middle-class prejudice towards vocational paths has held the UK back. I welcome Labour's V-level push, writes James Reed.
UK trials teen social media bans ahead of potential crackdown March 25, 2026 Hundreds of teenagers across the UK are set to take part in a government-backed trial of social media restrictions, as ministers weigh whether to introduce a nationwide ban for under-16s. The six-week pilot will see 300 teenagers aged between 13 and 17 split into four groups, testing different levels of access to apps such as [...]