Klarna boss: AI will lead to recession and mass job losses June 7, 2025 The introduction of AI at firms could lead to a recession due to mass job losses of professionals, Klarna’s chief executive has warned. The use of AI to make work more efficient has been encouraged by leading figures, including the government itself which said it could save civil servants two weeks a year. But fintech [...]
British businesses celebrated in third year of The King’s Awards for Enterprise: June 5, 2025 The recipients of The King’s Awards for Enterprise have now been announced, celebrating the achievements of leading businesses from across the UK and Channel Islands and recognising their vital role in growing our economy to improve lives. This year, 197 businesses representing a diverse range of sectors, have been recognised by His Majesty The King [...]
David Lammy: ‘Technology is the frontline of geopolitics’ as Foreign Office teams up with Big Four giants June 5, 2025 “It is essential" that firms such as the Big Four and UK government "work together", Foreign Secretary tells City PM as his focus shifts to AI.
Spare a thought for in-house lawyers; their job is not as ‘easy’ as some think June 5, 2025 The workload for an In-House legal team is set to increase as businesses strive to reduce costs.
Art vs AI: British Council vows to keep humans in the loop in the digital age June 4, 2025 As AI continues to reshape the creative sector, a crucial debate is unfolding around the role of human agency in this new digital landscape. The British Council is staking its claim firmly on the importance of artists not just as users of AI, but as vital shapers of its development and influence. This marks a [...]
Phone Marking Sessions Helping Combat Mobile Theft June 4, 2025 Five City Business Improvement Districts and City Business Partnership have partnered with Canada Police to run free phone marking events to help combat the increase in mobile phone theft. To make stolen phones traceable and strengthen the criminal case against thieves when arrested, these discreet and unique stickers help police to quickly [...]
Canva’s AI gambit rekindles the human cost debate June 4, 2025 When Canva announced in April that it was cutting the headcount of its technical writing team, the decision surprised many in the industry. The move came just months after the Australian tech giant had strongly encouraged employees to integrate generative AI tools into their daily workflows – a push that, for some, felt like a [...]
Hinge: the dating app that wants you to log off June 4, 2025 At a time when most technology platforms are doing everything they can to keep you scrolling, Hinge has built its strategy around doing precisely the opposite: disappearing from your phone altogether. Relaunched in its current form back in 2016 and now under the umbrella of Match Group, Hinge has positioned itself as the antidote to [...]
Adobe Acrobat AI: The legal pro in your corner June 3, 2025 Consumers are not reading contracts in full — 68 per cent say length is the main barrier, while 27 per cent find them too complex. Adobe Acrobat has the solution to not only streamline this process but, through the AI technology it holds, it can refine long and difficult-to-understand contracts down to the core elements [...]
Mastercard: Fraud attempts jump as retailers feel cyber attack sting June 3, 2025 The head of artificial intelligence at Mastercard said the payment giant had seen a surge in fraud attempts, which follows a string of cyber attacks on major retailers. Greg Ulrich, chief data and AI officer at Mastercard, told City PM the payments network is “attacked perpetually” by fraudsters. The payments network recorded a 40 per [...]
