Hedge funds are AImaxxing

Software is out, semis are in

Posted on Tuesday May 26, 2026

ECB says private-credit fuelled AI boom poses risk to financial system

Central bank warns that investors could be exposed to losses if the technology does not meet its potential

Posted on Tuesday May 26, 2026

Deregulation hands top US and UK banks $1.3tn

Regulatory loosening allows countries’ banks to expand balance sheets while EU and Swiss rivals are constrained

Posted on Tuesday May 26, 2026

Monzo spends heavily on ‘refer a friend’ rewards to boost market share

London-based fintech records ‘staggering’ increase in spending on referral fees

Posted on Tuesday May 26, 2026

There are more important things to consider when moving countries than tax

Relocating to a low-tax jurisdiction often involves unforeseen legal, emotional and social costs

Posted on Tuesday May 26, 2026

BP is deeply dysfunctional, but it could be worse

Investors should be concerned by Manifold’s ousting, but better to fire too many executives than too few

Posted on Tuesday May 26, 2026

UK and Europe shatter heat records in ‘mind-boggling’ May

Peak temperature of 35C in London breaches previous historical monthly high by more than 2C

Posted on Tuesday May 26, 2026

Senior Reform UK figures clash over immigration plans

Fissures at the top of Nigel Farage’s party exposed by row between Robert Jenrick and Zia Yusuf

Posted on Tuesday May 26, 2026

Ferrari’s first EV sparks investor and social media backlash

Luce launch comes as executives are divided over demand for luxury electric cars

Posted on Tuesday May 26, 2026

UK law firm Pinsent Masons reprimanded by court over AI error

Judge Mark Mullen warns lawyers against outsourcing legal research or reasoning

Posted on Tuesday May 26, 2026