Regulators are the story this week. The Bank of England’s governor and the PRA chief warned of an AI-driven correction and rising AI-enabled cyber risk, just as UK firms report near-universal AI and agent adoption. Meanwhile, capital keeps...

Banks are drawing a line around agentic finance: the UK’s five biggest lenders and major US banks are blocking outside AI agents from customer accounts while the FCA builds rules for agent identity and accountability. Regulators are...

AI is moving from pilot to balance sheet across UK finance: NatWest and Barclays are tying job cuts and new chief AI officer roles to AI, while insurance brokers and carriers are in open dispute over who bears AI liability. Meanwhile, UK wealthtech...

UK regulators are moving from watching AI in finance to actively shaping it, with the FCA publishing good and poor AI practice examples and opening a new quantum-for-financial-crime programme. Meanwhile, labour-market data shows AI reshaping...

UK regulators dominated the week: the Bank of England and FCA’s joint survey shows AI is now near-universal in UK finance (86% of firms), yet agents are kept on a short leash and reliance on a handful of US vendors is raising systemic-risk...

Banks are scaling AI fast, with Barclays cutting jobs and Lloyds launching agent platforms. At the same time, risk is moving to the centre of the debate: UK regulators flag cloud dependence on US hyperscalers, and Wall Street banks are blocking...