Is Apple losing the AI war? June 26, 2025 Apple’s position in the rapidly evolving artificial intelligence landscape is increasingly precarious. While rivals such as Google, Microsoft and even Samsung have surged ahead by integrating large language models (LLMs) and generative AI into their products, Apple’s progress has been notably cautious and incremental. Commentators and insiders alike question whether Apple is losing the race [...]
Have we crossed the AI event horizon? June 26, 2025 Despite Sam Altman’s claims that we’ve crossed the AI “event horizon,” the reality is that today’s models remain far behind human intelligence in scale, flexibility, efficiency and learning, says Lewis Liu Sam Altman is currently peddling the “gentle singularity“, claiming we are already “past the event horizon” for AI – at the point where the [...]
How effective procurement technology can improve employee retention June 25, 2025 With many organisations facing a battle to attract and retain talented staff, it’s important that they are not frustrated in their ability to do their jobs by cumbersome procurement technology. Unemployment in the UK remains low, standing at 4.4 per cent in the three months to February 2025, according to government data. But this only [...]
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”, [...]