London City Airport on track for year-end goal as passengers soar 187 per cent December 5, 2022 London City Airport remains on track to reach its year-end goal of 3 million passengers by the end of 2022, as November numbers soared 187 per cent. Figures published today reported that around 272,000 passengers passed through the airport’s gates in November after BA expanded its CityFlyer schedule to Scotland, with daily flights to Aberdeen. [...]
Cisco: UK needs to boost AI skills to be a global tech leader November 15, 2023 Cisco has warned that the lack of artificial intelligence (AI) skills in the UK needs to be urgently addressed in order to strengthen its position as a global tech leader.
Square Mile and Me: Enness CEO Islay Robinson on his career – and a flaming suit mishap August 1, 2024 Each week we ask a City figure to take a trip down memory lane. Today, Islay Robinson, CEO of Enness Global Mortgages, takes us through his career, from a flaming suit mishap to his love for London What was your first job? My first job was crushing boxes at a market when I was about 14. [...]
Meta president Nick Clegg says AI can’t be kept in the ‘clammy hands’ of Big Tech April 9, 2024 During a Meta event, Nick Clegg also revealed that Llama 3, Meta's newest large language model (LLM), will be released within a month.
‘Ship has sailed for SMS’: Telcos could lose £2.5bn as businesses shift to Whatsapp November 14, 2023 Telecom operators could lose over $3bn (£2.5bn) in revenue globally over the next five years as messaging apps steal market share.
Sign of the times: Bank branches shut doors in their thousands December 24, 2022 More than 5,000 bank and building society branches have closed over the past seven years, according to analysis from Which? The consumer group counted 5,162 bank and building society branches which have closed since January 2015. A further 206 branches are set to close by the end of 2023, according to the Which? findings, as [...]
TikTok denies Chinese state collusion after UK government bans social media app use on devices March 17, 2023 Chinese-owned company TikTok has said it is “disappointed” by the government’s decision to ban the social media app on MPs’ phones. The social media video app has been at the centre of security and data protection concerns in recent weeks – with Cabinet Office minister Oliver Dowden announcing the decision in parliament yesterday. Speaking yesterday [...]
City Moves: Who’s switching jobs in the Square Mile? December 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Cadwalader, Wickersham & Taft Law firm Cadwalader, Wickersham & Taft has poached its latest partner from Hogan Lovells. New ESG finance and investment partner Sukhvir Basran had previously co-founded Hogan Lovells’ global sustainable finance and investment group. [...]
UK cybersecurity centre issues warning over use of AI chatbots August 30, 2023 British national security officials have warned organisations to take care when integrating artificial intelligence (AI) chatbots into their systems due to their susceptibility to manipulation and cyber risks. In a double blog post on Wednesday, the National Cyber Security Centre (NCSC) said all sectors should “exercise caution” when using large language models (LLMs), algorithms which [...]
Hedge fund Eisler Capital hit with legal challenge by London specialist headhunter May 13, 2024 London-based investment firm Eisler Capital is facing a £388,800 legal challenge by a specialist hedge fund headhunter over alleged breach of contract