Andrew Griffith tells Burnham to rule out Budget tax rises Business Shadow chancellor Andrew Griffith will urge Labour to rule out further tax rises on businesses at next month’s Budget, as the Conservatives set out plans to cut the compliance burden facing small firms and the self-employed. In his first major speech since taking the role, Griffith will call on Andy Burnham and chancellor John Healey [...]
Former Anthropic researcher behind ‘AI could kill us’ warning called to UK parliament Tech Former Anthropic researcher Jacob Coxon has been invited to give evidence to parliament following his stark warnings over the threat posed by AI, City AM understands. Liam Byrne, chair of the Business, Innovation, Science and Trade Committee, told City AM that MPs have asked Coxon to appear as part of a parliamentary examination of AI [...]
Burnham considers giving mayors ‘control over water companies’ Water Prime Minister Andy Burnham plans to create nine regional bodies led by mayors that could bring water companies under public control. Under the proposals, regional leaders would sit on boards alongside public health officials, customers and environmental campaigners. Alongside setting company objectives, it is understood the boards will collect customer feedback through consultation mechanisms modelled [...]
Home secretary donor reprimanded by accountancy regulator September 16, 2026 An accountancy firm director was severely reprimanded by the regulator and handed a £14,000 fine for breaching accountancy standards. Andeep Mangal, director of Birmingham-based accountancy firm Thapers Chartered Accountants, received a severe reprimand and a £14,000 fine on Wednesday for two separate allegations, and was ordered to pay a further £11,455 in costs to the [...]
British AI firm Synthesia warns ‘sci-fi’ fears risk choking UK tech September 16, 2026 British AI firm Synthesia has warned that “sci-fi” fears over AI could lead to poorly designed regulation, as pressure grows on ministers to toughen the UK’s AI rules. Alexandru Voica, head of corporate affairs and policy at the London-based AI video company, told City AM there was “no evidence” for claims that AI was already [...]
From due diligence to market mapping: Private capital is leaning on AI September 16, 2026 Private equity and venture capital firms are handing over administrative and back-office tasks to artificial intelligence agents in order to shift staff focus to more pressing matters. AI is becoming increasingly embedded across the UK private capital industry, with nine in ten firms now using the technology to support at least one business activity, according [...]
It’s time savers benefited from Britain’s scale-up success September 16, 2026 Growth in every postcode won’t help Brits if the proceeds are invested abroad, says Saul Klein As a serial entrepreneur, operator and investor I’ve noticed that Britain has a habit of talking itself down, even when the evidence tells a different story. Across the UK, from King’s Cross to our regional innovation clusters, we have [...]
Costa del Court: City law firm follows wealthy Brits to Mallorca September 16, 2026 London-based family law firm AFP Bloom has opened an office in Mallorca to serve the growing number of British families relocating to the Spanish island. The law firm, known for its work with high-net-worth and international families, has opened a new Palma office, allowing clients to receive specialist English legal advice in-person on the island [...]
Bosses made to justify why staff shouldn’t work from home September 16, 2026 Bosses will have to host a meeting with staff who ask for flexible working and lay out their rationale for refusing, under a new policy outlined by Louise Haigh. The cabinet office minister told a union gathering that business leaders would have to “properly consider” flexibility requests from staff and grant an in-person meeting to [...]
We’re walking an economic tightrope and the wind is picking up September 16, 2026 I spent much of my morning yesterday with a group of City chiefs for a candid (though unfortunately, off the record) chat about the health of our economy and the state of our politics. I feared that my stump speech about the perilous state of our public finances, our low growth rate, the ever-expanding state [...]