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Business

  • Wall Street chiefs summoned over ‘nightmare’ Anthropic cyber threat

    April 10, 2026

    US regulators have summoned top Wall Street bosses to an urgent meeting over fears that a powerful new AI tool could turbocharge a haunting new wave of cyber attacks. Scott Bessent, the US Treasury Secretary, and Federal Reserve chair Jerome Powell urged top banking chiefs to be prudent risks raised by Anthropic’s Mythos. The hastily [...]

  • Google partners with Opentable with AI that books your dinner

    April 10, 2026

    Google has taken a swipe at the restaurant booking market, rolling out AI in the UK that can line up your next reservation directly from search. The new feature, launched on Friday, lets users describe exactly what they want, with Google’s AI then scanning the web for real-time availability and serving up bookable options in [...]

  • Healey: Defence investment is Starmer’s ‘highest priority’ 

    April 10, 2026

    Defence secretary John Healey has said defence investment is the Prime Minister’s “highest priority” as military officials wait for a long-awaited strategy paper on procurement and spending.  At the London Defence Conference, Healey said Sir Keir Starmer has taken a “personal interest” in drafting the Defence Investment Plan, which was due to be published last [...]

  • Grand National: Polanski slammed for £4bn racing industry suggestion

    April 10, 2026

    Green leader Zack Polanski has been slammed ahead of the Grand National for wanting to ban horse racing. The politician said in 2024 that the country should “remove all animals involved in sport”, in a move that would end the £4bn horse racing industry, see a conclusion to iconic British staples such as the Cheltenham [...]

  • Middle East expats rush back to London, luxury property rents spike

    April 10, 2026

    An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency.  British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]

  • Dolce & Gabbana co-founder quits and mulls selling stake

    April 10, 2026

    The founder of the leading Italian fashion house, Dolce & Gabbana, has quit the label and is considering flogging his stake altogether.  Stefano Gabbana resigned as chairman in December, according to Italian corporate filings. The fashion mogul founded Dolce & Gabbana in 1985 with his then-partner Domenico Dolce, and the pair had remained in charge of its [...]

  • OECD tells Reeves to reform ‘inefficient’ UK tax system

    April 10, 2026

    Top economists have urged Chancellor Rachel Reeves to launch a sweeping review of the UK tax system in order to improve growth prospects and boost investment.  Researchers at the OECD – Organisation for Economic Co-operation and Development for long –said the UK economy suffered from distortions in its tax system as well as loopholes exploited [...]

  • Peter Kyle touts US opportunities as OpenAI pauses UK investment

    April 10, 2026

    Business secretary Peter Kyle has insisted Britain’s economic ties with the US are strong despite political tensions, in what he dubbed a “really great economic set of opportunities” between the two countries. Speaking ahead of a major trade mission to California, Kyle was optimistic about transatlantic relations, despite rhetoric from Trump straining diplomatic ties. “The [...]

  • FTSE 100 Live: Stocks jittery as North Sea oil prices smash record

    April 10, 2026

    Good morning and welcome back to the City PM liveblog. Markets are continuing to digest the ever-changing narrative coming out of the conflict in the Middle East but even as hopes of a peace deal rise, the economic overhang still threatens to send shocks across the country. In a speech by Kristalina Georgieva, the IMF’s managing [...]

  • Investec Champions Cup needs two-legged quarter-finals. Here’s why

    April 10, 2026

    It occurred to me, while watching predominantly dominant performances from home teams in the round of 16 last weekend, that the Investec Champions Cup needs two-legged quarter-finals. It was a little depressing to watch a depleted Leicester Tigers side who had won just one match in the group phase get smashed by defending champions Bordeaux [...]

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