London Design Festival director: the UK government must regulate AI technology September 18, 2023 The first AI-generated buildings have already been built. Adam Bloodworth hears how it’s a hot topic at this month’s London Design Festival, running 16 – 24 September at venues across London Architects don’t need AI,” declared Britain’s most famous architect Norman Foster in May. Three months later, his firm Foster + Partners gave a pithy [...]
Italian banking giant Mediobanca backs London with £10.4m investment in startups July 25, 2023 One of Italy’s largest investment banks Mediobanca has committed €12m (£10.4m) to a joint venture with early stage investor Founders Factory to help scale fintech startups. The joint venture will build and invest in 35 fintech businesses over the next five years. Mediobanca’s investment will help underpin a new fintech venture studio accelerator, enabling innovation [...]
Thomson Reuters snaps up British AI startup that provides legal advice August 21, 2024 Information giant Thomson Reuters has snapped up British artificial intelligence (AI) company Safe Sign Technologies as it looks to grow its suite of AI-powered research tools targeted towards the legal industry. Safe Sign has been building and developing a legal specific large language model (LLM) that aims to make reliable legal advice more accessible. Both firms [...]
Election 2024: Next government must back London as an ‘engine of growth’ June 10, 2024 The next government must back London as an “engine of growth” for the UK, including supporting airport and rail hub expansion, a lobby group is urging.
UK startups are built on immigrant talent, the UK will fail if it forgets this February 16, 2024 The UK is talking the talk on becoming a science superpower, but we need cash and talent to compete, writes Jack O'Meara.
What are ‘green skills’ and does the UK need to ramp them up? January 20, 2024 The UK needs to ramp up its green skills training or risk falling behind in the green transition, according to fresh research, but there is also caution over so-called ‘green skills washing’. The rallying call was made following new research from Economist Impact and electricity company Iberdrola, which finds that a large proportion of the UK workforce is [...]
Titanic shipbuilder Harland & Wolff suspends trading: How did we get here? July 1, 2024 The Belfast-based firm, which owns the shipyard that built the Titanic, said it had been in "ongoing discussions" with its auditors regarding the method of accounting for revenues in some of its contracts.
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
Natwest boss Dame Alison Rose to head government energy efficiency drive February 20, 2023 The government has appointed Natwest chief executive Alison Rose to spearhead its new energy efficiency task-force.
Banking APPG calls to create financial services tribunal after scandals ‘eroded public trust’ February 24, 2024 The all-party parliamentary group for fair business banking (APPG) has recommended a creation of a financial services tribunal after a series of high-profile scandals “eroded public trust”. The cross-party group outlined its recommendation on building a framework for compensation and redress in a new report, which stated that the existing landscape of institutional mechanisms for [...]