As it happened: FTSE 100 and Wall Street hit by stock sell-off; CBI cuts UK GDP Markets Welcome back to the CityAM liveblog. Rachel Reeves is staring down another bruising growth downgrade this morning after the Confederation of British Industry (CBI) slashed the UK’s GDP forecast to 1.1 per cent for the year. The figure is a drop from 1.4 per cent last year and below the previous consensus of 1.3 [...]
UK firms unaware of how their AI data is used overseas Tech Most large UK firms do not fully know what happens to their data once it is processed by AI systems abroad, raising compliance and security concerns as adoption continues to rise. According to a recent Harbr Data survey, 61 peer cent of senior tech and data leaders at companies worth £100m or more lack a [...]
AI governance for boards: A short practical guide Opinion The boards hoping AI won’t change their world are already failing their fiduciary duty. So here’s what they need to do, according to Lewis Liu When I was building Eigen, my previous AI company, I used to roll my eyes (privately) whenever someone asked me about AI bias. Eigen digitised complex financial and legal documents [...]
FTSE 100 Live: Stocks fall as oil rocks markets; Reeves struck by flat economy March 13, 2026 Good morning and welcome back to the CityAM liveblog. Fresh figures this morning have shown the UK economy was flat in the first month of the year. It marked a blow to the government’s growth agenda but this will likely be viewed as a small blow ahead of global economies being thrown into turmoil [...]
‘Taxed to a standstill’ – UK economy grinds to a halt with no growth in January March 13, 2026 The UK economy saw zero growth in the first month of the year – before global markets were rocked by the outbreak of war in the Middle East. Fresh figures from the Office for National Statistics (ONS) have handed a major blow to Rachel Reeves with the economy flat in January, compared to the 0.2 [...]
‘Spectre of recession’ looms with growth set to dim in 2026 December 22, 2025 The government is facing a critical warning over the looming “spectre of recession” after economic growth stalled in the second half of 2025 and is expected to wane in the new year. On Monday, fresh figures from the Office for National Statistics (ONS) downgraded the economy’s second quarter expansion to a sluggish 0.2 per cent [...]
Signing up to a new AI tool? For the love of God, read the small print! March 18, 2025 Influencers are flogging AI programmes as "neat little tools", but failing to read the small print could prove costly, writes Paul Armstrong.
AI in recruitment: Levelling the playing field or entrenching bias? November 25, 2024 AI in recruitment aims to reduce hiring biases and streamline candidate selection. But do these tools truly make hiring fairer, or are they reinforcing hidden biases? Asks Paul Armstrong The AI hiring wave has arrived, promising to tidy up recruitment’s inefficiencies with sleek algorithms and predictive analytics. Job descriptions are optimised for clicks, CVs sifted [...]
Grindr faces lawsuit over alleged data breach involving users’ HIV status April 22, 2024 Gay dating app Grindr faces a lawsuit over an alleged major data breach, which involved users’ HIV status.