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Business

  • Bank of England: Andrew Bailey warns AI models could ‘crack’ cyber systems 

    April 15, 2026

    Bank of England governor Andrew Bailey has warned that a new AI model designed by a Silicon Valley company could “crack” cybersecurity systems, adding that the the technology poses a continuous challenge for key institutions.  Speaking at an event in New York, Bailey suggested Mythos Claude, which was created by Anthropic, presented a threat to [...]

  • Lidl and Iceland censored under junk food ad rules

    April 15, 2026

    Lidl and Iceland have become the first supermarkets to have adverts blocked by regulators under the government’s crackdown on junk food.  The rules cover some sugary and fatty foods, including sweets, pizza and chocolate. The Advertising Standards Authority (ASA) has been policing the new ban since January, but today’s warnings are the first it has [...]

  • DHL chief on English rugby ‘concern’, Formula 1 and Manchester United

    April 15, 2026

    “I’d say it’s a concern,” Elliott Santon, the head of global sponsorships at DHL Express, says on the state of rugby in England.  The global logistic giant is the front-of-shirt sponsor of Prem Rugby club Harlequins and has its distinctive yellow and red logo plastered on the quartered strip of the London team. DHL is [...]

  • Financial scams soar as crooks snatch phones and manipulate vulnerable victims

    April 15, 2026

    UK banks saw a staggering rise in financial scams last year, as growing public awareness was offset by criminals pivoting towards victim manipulation to get their hands on sensitive information. Banks reported a 62 per cent rise in social engineering scams, in which attackers manipulate victims into authorising payments themselves, as they turned away from [...]

  • FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent

    April 15, 2026

    Good morning and welcome back to the City PM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]

  • The Debate: Should cultural landmarks have equal pricing for benefits claimants?

    April 15, 2026

    As discounted tickets for those on benefits kicks off a Twitter storm over 'fairness', we hear both sides of the argument in the Debate.

  • Firms fuelling Britain’s fastest-growing businesses join forces at SCALE

    April 15, 2026

    Organisations backing the UK’s most ambitious growth-stage companies will convene at SCALE EXPO & SUMMIT next week, at London’s Business Design Centre.  Sky Media, City PM, Grant Thornton, Corporate Traveller, DPD, Innovate UK Business Connect, HiBob andMercer are among a powerful group of partners actively accelerating scaleup growth across capital, talent, operations, media and innovation.  [...]

  • ‘Entirely avoidable’: Build-to-rent housebuilding slows as London planning wait doubles

    April 15, 2026

    The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning wait for London homes has almost doubled in this decade. The number of build-to-rent homes under construction has fallen for the ninth consecutive quarter, according to data shared exclusively with City PM. The government has pledged to [...]

  • Manchester United’s £10m boost; £5k Masters gnomes and Southgate TikTok

    April 15, 2026

    Manchester United are set for a £10m boost from kit sponsor Adidas if, as now seems likely, they qualify for the Champions League. The club sit third in the Premier League with a seven-point cushion over sixth-placed Chelsea, despite Monday’s shock defeat by struggling Leeds United. Uefa confirmed last week that the top five Premier [...]

  • London’s unlikeliest tech hub? The Ideal Home Show

    April 15, 2026

    Think the Ideal Home Show is for fuddy duddies? We've been at the cutting edge of tech for 118 years, writes director Giles Perry.

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