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  • Palantir extends reach into British state as it gets access to sensitive FCA data

    Exclusive: Allowing US tech firm to analyse intelligence in name of tackling fraud raises fresh concerns over privacy Campaign groups rail against Palantir, but the UK contracts keep coming Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the…

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  • Apple and Google pledge not to discriminate against third-party apps in UK deal

    Critics brand voluntary commitment with competition regulator as ‘lightweight’ Apple and Google’s commitment to avoid discriminating against apps that compete with their own products under an agreement with the UK’s competition watchdog have been labelled “lightweight”. The US tech companies have vowed to be more transparent about vetting third-party apps before letting them on their…

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  • Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis

    Advertising Standards Authority says firm advised by George Osborne ‘trivialised risks of cryptocurrency’ A cryptocurrency company advised by George Osborne has been banned from showing a set of adverts that suggested using its services could be a solution to the cost of living crisis. Coinbase, which appointed the former Conservative chancellor to chair its global…

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  • UK exposed to ‘serious harm’ by failure to tackle AI risks, MPs warn

    Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sector Consumers and the UK financial system are being exposed to “serious harm” by the failure of government and the Bank of England to get a grip on the risks posed by artificial intelligence, an influential parliamentary committee has…

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  • Ofcom investigating Elon Musk’s X after outcry over sexualised AI images

    Media regulator investigating site under Online Safety Act, with a de facto ban among possible punishments UK politics live – latest updates The UK media watchdog has opened a formal investigation into Elon Musk’s X over the use of the Grok AI tool to manipulate images of women and children by removing their clothes. Ofcom…

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  • UK Treasury drawing up new rules to police cryptocurrency markets

    Rachel Reeves wants to protect consumers by bringing digital money and assets into the ‘regulatory perimeter’ Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027. The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the…

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  • Scores of UK parliamentarians join call to regulate most powerful AI systems

    Exclusive: Campaign urges PM to show independence from US and push to rein in development of superintelligence More than 100 UK parliamentarians are calling on the government to introduce binding regulations on the most powerful AI systems as concern grows that ministers are moving too slowly to create safeguards in the face of lobbying from…

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  • ‘Urgent clarity’ sought over racial bias in UK police facial recognition technology

    Testing showing racial bias against black and Asian people prompts watchdog to ask Home Office for explanation The UK’s data protection watchdog has asked the Home Office for “urgent clarity” over racial bias in police facial recognition technology before considering its next steps. The Home Office has admitted that the technology was “more likely to…

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  • Google given special status by watchdog that could force it to change UK search

    CMA puts Google under tighter regulation with ‘strategic market status’ designation and can enforce changes Business live – latest updates Google faces enforced changes to its UK search business after the competition watchdog conferred a special status on the company that puts it under tighter regulation. The Competition and Market Authority (CMA) confirmed that Google…

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  • UK Online Safety Act risks ‘seriously infringing’ free speech, says X

    Elon Musk’s social media platform says lawmakers made a ‘conscientious decision’ to increase censorship Elon Musk’s X platform has said the UK’s Online Safety Act (OSA) is at risk of “seriously infringing” free speech as a row deepens over measures for protecting children from harmful content. The social media company said the act’s “laudable” intentions…

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