Sadiq Khan: London tech boom can weather ‘dizzying’ AI risks June 1, 2026 Sadiq Khan has insisted London is “busy writing” the future of AI despite the “dizzying” risks posed by the technology, as fresh figures show the capital has reclaimed its position as Europe’s leading tech hub. The Mayor of London said AI presents both “impacts and opportunities”, but argued the capital was well placed to benefit [...]
Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100 June 1, 2026 For a company valued at more than $13bn (£9.58bn), Celonis remains relatively unknown in Britain. Founded in Munich in 2011, the software company has become one of Europe’s most valuable private tech firms, with customers including AstraZeneca, ASOS, BMW and the UK Cabinet Office. The UK has become one of its three largest markets globally. [...]
Business services staff face redundancies at City law firm May 29, 2026 City-based law firm Clyde & Co has launched a restructuring consultation for its business service staff as part of its ongoing strategy to centralise support operations into regional hubs. The firm is proposing to move certain services currently performed by teams within legal support, purchase-to-pay, and IT to its service centres in Glasgow and its [...]
Uber wants your journey on tape as safety concerns mount May 29, 2026 Uber is turning passengers’ phones into in-car recording devices as the ride-hailing giant introduces a new feature allowing users to capture audio during journeys amid growing concerns around safety and identity verification. From Thursday, riders across the UK were able to press record before or during trips directly through the Uber app, with encrypted audio [...]
Tech Mahindra president: UK needs less hesitation, more conviction May 28, 2026 Tech Mahindra president Harshul Asnani, who returned to London after almost 20 years in Silicon Valley, takes us through his career.
Elite law firm to splash £370m on building own AI tool May 28, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, is investing £370m ($500m) to develop its own custom-built AI platform, challenging competitors that rely on widely used third-party AI tools. The US-based firm, which has a large office in the City, said it plans to spend hundreds of millions over the next three to [...]
Pinsent Masons is not the only City law firm walking a dangerous AI tightrope May 28, 2026 A junior lawyer at Pinsent Masons used AI to draft misleading emails for a High Court case, highlighting how generational attitudes and lack of training risk new mistakes as law firms rush to adopt new technology, writes Maria Ward-Brennan. It has been a slow burner, but we finally have the first notable UK law firm [...]
Three UK cities make world’s 10 ‘smartest’ tech hubs – and Oxford is higher than Silicon Valley May 28, 2026 London, Oxford and Cambridge are among the 10 most vibrant tech centres in the world, according to a closely watched study which found that Singapore had leapfrogged both Zurich and London to clinch top spot. The two university towns both climbed up the rankings of Z/Yen’s Smart Centres Index, making Britain the only country to [...]
‘Outdated’ consultancy sector faces a reckoning as AI rips up the old model May 27, 2026 For years, the consultancy sector has relied on a traditional model and profitable formula: retained clients, billing time and upselling clients. Another crucial element has been the blend of ‘senior counsel’ supported by a team of juniors carrying out research and compiling reports. But the rug is being pulled from under this model and a [...]
SpaceX helps Scottish Mortgage Investment Trust take off May 27, 2026 Scottish Mortgage Investment Trust revealed the extent of the success of its early backing for Elon Musk’s SpaceX on Wednesday. The buy-and-hold investor’s stake in the rocket maker now amounts to about a fifth of the £16bn fund, as revealed in its results for the year to the end of March. Overall, SMT’s net asset value [...]