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UK invests £36 million to enhance AI supercomputer access. The investment aims to provide British researchers and startups with advanced computing resources, levelling the field for innovation in areas like healthcare and climate resilience.
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Payment Systems Regulator’s abolition expected no sooner than 2027. David Geale of the PSR anticipates the regulator’s consolidation into the FCA will not occur before early 2027, despite government plans for sector reform and deregulation.
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Bank of England keeps rates steady after a narrow Monetary Policy Committee vote. The decision highlights deepening divisions among policymakers, reassures lenders and investors, and signals that interest rate cuts remain possible later this year.
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IMed Group has appointed Spencer Keegan to lead talent acquisition. The regulatory consultancy is expanding recruitment services alongside international growth, adding permanent and contract hiring capabilities to support medical and health technology clients across Europe and beyond.
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UK organisations face mounting difficulty proving AI’s environmental impact. New research shows enterprises remain confident in AI’s sustainability potential, but lack the emissions data required to evidence progress against environmental targets.
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AI trust remains a major barrier to enterprise cybersecurity adoption. Uptycs says its new Juno AI Analyst replaces opaque security copilots with verifiable, evidence-based investigation grounded in real cloud telemetry.
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Large enterprises overestimate payroll readiness despite automation, AI, and integration ambitions. New research from CloudPay shows budget constraints, legacy systems, and governance barriers are slowing real-world deployment across enterprise payroll operations.
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UK fiscal headroom has already been exhausted, according to new forecasts. Fresh analysis from NIESR shows weak growth, rising unemployment, and higher labour costs are eroding the Chancellor’s budgetary margin, prompting warnings from business leaders about the impact on hiring and investment.
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Lloyds Banking Group appoints Ajneet Jassey as its new London ambassador. The bank has named the senior legal executive to focus on housing delivery, business growth, and technology engagement across the capital.
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Anthropic’s legal AI debut rattles European data and software stocks. Shares in major European data, publishing, and legal software companies fell sharply after Anthropic launched a legal productivity tool for in-house counsel, raising fresh concerns about AI-driven disruption to high-margin professional information businesses.
