15 result(s) for “Technology”
The Bank of England has launched a consultation clarifying how central counterparties could accept tokenised forms of eligible collateral, a step that could speed up cross border collateral flows and reshape UK wholesale markets while raising new operational and legal challenges.
Chancellor John Healey set out his first Autumn Budget on 28 October 2026, seeking to thread fiscal discipline with targeted support for households and investment, while markets watched gilt yields and the Office for Budget Responsibility updated its forecasts.
Chancellor John Healey has unveiled a package of AI and cyber security investments ahead of the October 28 Budget, including a government backed AI Biosecurity Lab with model credits from OpenAI and Anthropic and new capital for state lenders. The moves aim to position the UK as a hub for secure AI-driven life sciences while drawing scrutiny from investors and civil society.
London’s FTSE 100 notched its strongest weekly gain since April as investors shifted into defensive sectors and reacted to reassurances from Chancellor John Healey ahead of the October 28 budget. The move highlights market caution over AI sector weakness and rising gilt yields, and raises stakes for Healey’s fiscal plans.
Britain’s competition regulator has proposed designating Microsoft with strategic market status in its business software ecosystem, a step that could spur rules on bundling, AI tools and cloud licensing and reshape how UK firms buy productivity software.
Official data released on October 15, 2026 shows UK GDP rose 0.1 percent in August, defying forecasts for a contraction. The surprise growth, led by manufacturing and computer programming, shifts market and policy expectations ahead of the autumn Budget and a likely Bank of England rate review.
London equities nudged up on October 10, 2026, with the FTSE 100 gaining as a retreat in oil prices and lower gilt yields tempered recent market volatility. Banks and energy names drove most of the trading, while investors continued to weigh imminent UK fiscal policy moves and global bond market pressures.
Britain's largest supermarket group raised the lower end of its full year profit forecast and increased its buyback after first-half adjusted operating profit beat expectations, signalling resilient consumer spending and bolstering confidence in the UK grocery sector.
HSBC is reported to be planning sweeping job cuts across its UK wealth management arm, cutting around half of management and specialist roles and up to 70 percent of financial adviser positions as it shifts to AI-driven client servicing. The move deepens questions about the future of advice jobs, regulatory oversight and the structure of Britain’s wealth sector.
US stock futures moved higher on Monday as Wall Street attempted to recover from another difficult week for the Dow, with investors watching falling oil prices, Treasury yields, interest rates and fresh US-China talks.
A software defect in Britain's air traffic control system caused widespread disruption at major UK airports, contributing to around 2,000 flight cancellations and affecting hundreds of thousands of passengers.
Britain is moving towards restricting social-media access for children under 16, adding to a global push for stronger age checks and online protections as families debate how much of childhood should take place on a screen.
Researchers have demonstrated continuous-wave laser spectroscopy of thorium-229 nuclei inside a crystal, advancing efforts to build nuclear clocks that could eventually provide exceptionally stable timekeeping and new ways to test fundamental physics.
British retailer Next has raised its annual profit forecast after a strong first half, but the company expects slower UK sales growth as inflation, mortgage costs and pressure on household finances weigh on consumers.
King Charles III has brought senior figures from some of the world's leading artificial-intelligence companies together in Scotland, putting AI safety, human control and international cooperation at the centre of a rapidly growing global debate.