Should your business still be on X? January 14, 2026 Ofcom’s inquiry into the systemic risks posed by Elon Musk’s Grok AI for enabling the creation of sexualised images on X has created a significant, foreseeable liability for UK businesses, says Paul Armstrong Many UK businesses seem unwilling to admit it, but they are now operating in dicey waters on X, that. Is it time [...]
EU banking rules could ‘choke investment’ from booming City January 14, 2026 The European Union threatens derailing its economic growth through changes to banking regulation after London beefed up its lending capacity following a Brexit boom. The 27-state bloc is set to bring in new legislation which will effectively ban non-EU banks from providing core banking services – such as lending and taking deposits – without establishing [...]
Switch focus from DEI to local needs, Brits tell business January 14, 2026 British businesses need to become more local and focus less on DEI (diversity, equity and inclusion) hiring practices, according to a new report. A major survey from SEC Newgate UK has revealed a majority of Brits think companies are doing too little to prioritise local food production, manufacturing and energy independence. The report also shows companies [...]
Young people seek to boost savings to offset cost of living squeeze January 13, 2026 Young people are seeking to save more money in 2026, as the cost of living crisis focuses minds on careful financial management. According to the latest City AM polling from Freshwater strategy, over half of Britons are aiming to save money, but a staggering 70 per cent of 18 to 34 year olds are prioritising [...]
FRC chief urges audit reform before next corporate scandal January 13, 2026 The boss of the accountancy regulator has issued a direct warning to the government, urging them to pass audit reform legislation during “peacetime” rather than waiting for a major corporate collapse or scandal. Speaking on the latest episode of the Following the Rules podcast, Financial Reporting Council (FRC) CEO Richard Moriarty, said: “Given the thinking that’s gone [...]
How Exclusive Collection’s Danny Pecorelli built the top luxury corporate hotel group in the land January 13, 2026 As managing director of Exclusive Collection, Danny Pecorelli oversees one of the country’s most distinctive luxury hotel groups, with a portfolio that spans country house hotels, a gastro pub, destination spas, Michelin-starred dining, golf, cookery schools and some of the most sought-after corporate meeting spaces in the UK. Born into the business his father founded [...]
Exclusive: Brits don’t trust football and rugby team owners to run clubs properly January 13, 2026 Less than a third of British adults trust football and rugby team owners to “run their clubs in a financially sustainable manner” amid intensifying scrutiny on those who buy sporting institutions. Exclusive Ipsos polling for City AM shows that just 32 per cent of adults trust the owner of their football or rugby club. It [...]
BCG warns the era of ‘wait and see’ is dead as global risks hit all-time high January 12, 2026 As concerns over global policy uncertainty reached a 20-year peak in 2025, BCG is warning that the issue must be a core business capability, with dedicated teams. Business leaders cite trade reconfiguration, weakening multilateral institutions, and the weaponisation of economic tools as persistent threats to business continuity and competitiveness. However, a report by the IMD [...]
OpenAI could face more hurdles for IPO than Anthropic January 12, 2026 As artificial intelligence giants inch towards the public markets, copyright litigation is becoming an increasingly influential factor in how investors assess risk. And with that in mind, Anthropic appears to be starting from a less complicated position than its larger rival, OpenAI. Analysts at Bloomberg Intelligence have said the Claude founder faces “significantly less legal [...]
Protect your portfolio: How to fight back against hedge fund aggression in UK investment trusts January 12, 2026 Former Pensions Minister Ros Altmann warns retail investors, wealth managers, and regulators that the aggressive, short-term interests of the US hedge fund Saba Capital, which is attempting hostile takeovers like the one targeting Edinburgh Worldwide (EWIT), threaten the long-term, patient-capital model of the UK investment trust sector A year ago, an aggressive US hedge fund [...]