Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
The UK needs to build a British data library to become an AI leader May 8, 2024 Politicians should back calls to develop a British data library if they want to see the UK give birth to the next crop of world-leading AI firms, Jess Jones writes
Youngest self-made billionaire chooses London for European HQ May 7, 2024 Scale AI's founder became the youngest self-made billionaire in the world at age 24, according to Forbes, in 2022.
Finding the ‘Turing of tomorrow’: Multi-million pound maths grant to bolster AI and nuclear May 7, 2024 An open competition will run where organisations can apply for the grant funding, which will distributed over the next three years. It will be open until 4 June.
Wayve: Nvidia and Microsoft back British self-driving startup in boost for UK’s AI goals May 7, 2024 Wayve has conducted trials on UK public roads since 2018 and has already partnered with delivery fleets from Asda and Ocado.
Asset management industry ‘under pressure’ as costs rocket May 7, 2024 The global asset management industry is coming “under pressure” globally this year as costs rocket at nearly twenty times the rate of revenues, Boston Consulting Group has warned.
Accounting watchdog: We must regulate so there is ‘a net benefit for UK PLC’ May 7, 2024 The head of the country’s accounting watchdog has said the agency must regulate in a manner that has “a net benefit for UK PLC”.
Can chip designer Arm impress following a sales slowdown? May 6, 2024 Shares in Cambridge-based chip designer Arm have soared 60 per cent over the past year after an investor pile-in.
Zilch doubles down on AI for buy-now pay-later domination ahead of planned IPO next year May 5, 2024 London fintech Zilch is ramping up its use of artificial intelligence to boost competition with rival buy-now pay-later (BNPL) providers like Klarna and help it achieve profitability ahead of a planned IPO next year.
AI healthcare firm Cera forecast to save NHS £1bn per year by 2026 May 3, 2024 Artificial intelligence (AI) driven home healthcare firm Cera is set to save the NHS up to £1bn per year via preventative care technology. Cera, founded in 2016 by London based doctor Ben Maruthappu, uses AI technology to reduce unnecessary hospitalisations and ease the burden on the buckling NHS. The company’s model is already preventing an [...]