Microsoft recorded another strong quarter in the three months to December but investors were concerned about the rising costs of investment in AI. In the three months to December, Microsoft’s…
The Prime Minister fasts for 36 hours each week – is that a good thing? Our columnists battle it out before City A.M. delivers the verdict. Benedict Spence is a…
A collaboration between 127 experts, including the former UK COO of Aviva, has resulted in the creation of a code of conduct for the insurance industry for using AI. This…
Oak Furnitureland slumped to a loss of almost £32m during its latest financial year, newly-filed documents have revealed. The Swindon-headquartered company has posted a pre-tax loss of £31.9m for the…
The former City minister claimed Labour’s plans for the City are like “dog food lasagne” today as the government looked to fight off a major Rachel Reeves charm offensive on…
London’s FTSE indexes were trading lower as investors await the latest interest rate decision from the US Federal Reserve later today, while big tech results last night soured risk sentiment.…
Universal Music plans to strip its extensive song library from Tiktok amid a raging row over failed payment negotiations. The songs giant has accused the short video clip app of…
Labour has “no intention” of restoring the cap on bankers’ bonuses, Rachel Reeves has said. The shadow Chancellor said her party would not look to bring back the measure brought…
There will be “no interruption to the supply of food to the shelves” due to new Brexit checks coming into force, a government minister has insisted. James Cleverly attempted to…
House prices rose 0.7 per cent in January as cooling mortgage rates are continuing to help repair the market, a new report from Nationwide said. The rise helped improve the…