HSBC set to axe UK wealth jobs as AI takes hold October 7, 2026 HSBC is putting a raft of roles in its UK wealth division on the chopping block following a push to slash costs with artificial intelligence. Europe’s biggest lender is consulting on changes to its wealth management operations that would lead to a shake-up for hundreds of relationship managers and financial advisers across the UK. The [...]
LRN Research Find Less Than 1 in 10 Corporate Codes of Conduct Address AI Usage and Less than Half Provide Guidance on Ethical Decision Making October 6, 2026 Corporate Codes Lag in Addressing Emerging Business Risks, Leaving Employees Without Proper Guidance on AI, Trade, Security and More
Since SpaceX’s debut, hopes of a blockbuster IPO season have ground to a halt October 6, 2026 It was hoped SpaceX’s blockbuster June flotation would add rocket boosters to the global IPO market. But four months on, momentum has come crashing back down to earth. Wall Street IPOs have slowed considerably since Elon Musk’s $75bn (£56.7bn) listing, damaging what was once expected to be a quarter chock-full of floats. Smart-ring maker Oura [...]
London Film Festival 2026: everything you need to know October 5, 2026 New blockbusters will be premiered for the first time ever in London later this month, when the London Film Festival returns to the capital. Expect red carpets and some of the world’s most famous faces on the Southbank, as Gala screenings of some of the biggest film releases of 2026 attract international attention. Hundreds of [...]
What’s on in October October 2, 2026 October brings a picturesque transition to London, with golden leaves across the parks, cooler weather, and fewer crowds, the city begins to feel cosy. Whether you’re heading out for Halloween night or attending the Central London Alliance Summit, there’s no shortage of things to do this month. Between family-friendly activities, West End theatre shows, and [...]
UK bank lending growth to fall to three-year low October 1, 2026 Growth in UK bank lending is forecast to stall in the coming years as borrowers feel the pinch of uncertain economic conditions. Lending growth is expected to slow this year to 2.9 per cent before dropping to a three-year low of 2.2 per cent in 2027, according to figures from EY. The figures mark a [...]
Bailey calls for greater AI testing as risks to economy rise September 30, 2026 Andrew Bailey has called on governments to ramp up testing on frontier AI models before they are launched to the public, warning that advanced artificial intelligence posed sophisticated threats to the banking, markets and payments systems. In the first of a series of letters on the fledgling technology, the governor of the Bank of England [...]
Anthropic warns investors of ‘existential risk to humanity’ in IPO pitch September 29, 2026 Anthropic has warned investors that its most advanced models could pose “existential risks to humanity” in an initial public offering pitch document that also revealed ballooning losses and surging costs at the AI juggernaut. In a prospectus published before its eagerly awaited public debut, Dario Amodei’s tech giant argued AI would transform the global economy [...]
Trump-Xi summit: Don’t be fooled, this was more than panda diplomacy September 28, 2026 Yes there was one panda involved, but eight-ninths of the real outcomes of this meeting are hidden from sight, writes Tim Hames.
Eaton signs agreement to acquire COL Group, expanding manufacturing capacity and capabilities for data center and utility markets in EMEA September 25, 2026 Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire COL Group from Oaktree’s Power Opportunities strategy. COL Group is a leader in medium-voltage electrical distribution solutions, including SF₆-free switchgear, grid automation technologies and modular power systems. The acquisition will expand Eaton’s European power distribution capabilities and manufacturing footprint, enhancing [...]