‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Apprenticeships can benefit the City – but only if we choose to use them June 24, 2025 Higher apprenticeships are transforming financial and professional services by offering debt-free, practical pathways into well-paid jobs – yet their full potential remains underutilised, says Robert Halfon When I began my career in Parliament 14 years ago, many viewed apprenticeships as a route into traditional crafts such as manufacturing, construction and electricals. Since then, our understanding [...]
Big Four slash graduate jobs as AI takes on entry level work June 23, 2025 The UK’s Big Four accountancy firms are cutting hundreds of jobs and pulling back sharply on graduate recruitment, as artificial intelligence (AI) begins replacing the junior roles once filled by school and university graduates. Deloitte, EY, KMPG and PwC – which cumulatively employ around 100,000 people across the UK – have all stripped back early-career [...]
How Philanthropy Powers Cutting-Edge Science June 23, 2025 Christian May, City AM‘s Editor in Chief, meets experts from Cancer Research UK and the Francis Crick Institute to explore the role of philanthropy in driving breakthrough research and treatment. Cancer remains a formidable challenge. Globally, it’s estimated that 19 million people are diagnosed with cancer every year. And an estimated 10 million die from [...]
Indian minister: Brits better off flying to India than relying on NHS June 20, 2025 India’s commerce minister has said that there are instances where Brits would be better off hopping on a flight to India than braving NHS treatment. In a discussion with Science Museum chief Sir Ian Blatchford at the India Global Forum (IGF) conference, Piyush Goyal said the UK should be more open to cooperation with India [...]
Microsoft: AI could redefine London’s 9-to-5 June 18, 2025 The age of the 9-5 workday may be over for London businesses, and artificial intelligence may be speeding up its demise. AI, email overload, and round-the-clock digital connectivity have upturned the rhythms of the modern workday, revealed Microsoft’s latest work trend index. But far from ushering in a smarter, more flexible future of work, the [...]
Apps to help you manage your money June 17, 2025 Apps can help you budget, save and invest. The right one for you will depend on the features you’re after, your needs, and what you’re willing to spend. Are you looking to spend more responsibly, save up for a goal or simply get some insight into your financial habits? Luckily, there’s an app for that. [...]
Capita shifts to agentic AI to save cash June 17, 2025 Outsourcing giant Capita has announced a shift to agentic AI in a bid to return to profitability and ‘future-proof’ the business. It expects to offset a dip in adjusted profit with cost savings from an AI programme powered by ‘agents’ – artificial intelligence systems capable of autonomous decision-making. The company has launched an “AI lab”, [...]
Will fintech banks survive falling interest rates? June 13, 2025 Fintech lenders have accelerated their swing to profitability after interest rates spiked. The UK’s neobanks pocketed record revenues in the last 12 months. Revolut’s takings grew 72 per cent topping £3.1bn. Meanwhile Monzo’s revenue hit £1bn for the first time. But this came as interest rates maintained a post-financial crisis high of 5.25 per cent [...]
Darktrace: Most firms dangerously exposed to AI cyber threats June 11, 2025 As artificial intelligence rapidly reshapes the cyber security landscape, many businesses remain dangerously under-prepared, missing foundational practices while rushing to adopt AI tools. At London Tech Week on Tuesday, top industry and government voices in the space warned that without getting the basics right, even the most advanced AI solutions won’t be enough. This announcement [...]
ChatGPT down: chatbot owners respond as AI fails June 10, 2025 It’s the sort of social media storm we’ll almost certainly be seeing a whole lot more of in the future. As ChatGPT temporarily went down this morning due to technical issues, thousands of users were left without the use of the world’s most commonly adopted AI. Many have taken to social media to share how [...]