When Your AI Gets Switched Off by a Government
At 5:21pm Eastern Time on Friday 12 June, the US Commerce Department told Anthropic to disable Claude Fable 5 and Claude Mythos 5 immediately, and to bar access by any foreign national, whether inside or outside the United States. Some context on those two names. Mythos 5 is the full-strength model, so capable that Anthropic […]
Your Clients Are Already Asking the Machine
Twenty-eight million. That is the number of UK adults who now use AI tools to help manage their money, according to Lloyds Banking Group’s Consumer Digital Index, the country’s largest study of digital and financial capability. Personal finance is the nation’s number one use of AI. Not writing emails, not generating images, not summarising meeting […]
The Trillion Dollar Question
Somewhere in the Nevada desert, a datacenter the size of a small town is drawing enough electricity to power Birmingham. It is one of dozens being built across America right now, each one a cathedral of silicon and cooling water, erected in the name of artificial intelligence. The price tag for this construction programme? North […]
The world’s most capable hacker now has a waiting list
Earlier this year Anthropic built a model so good at breaking into software that it decided not to release it. The model, referred to as Mythos, can read a codebase, find the weaknesses, and chain them together into a working attack on its own. In testing it succeeded around 72% of the time. The version […]
The regulators noticed first. Did your board?
Eleven days before I wrote about the coming wave of AI-driven cyber attacks, the Bank of England, the FCA and HM Treasury quietly published a joint statement saying broadly the same thing. It landed without much noise on 15 May. If your inbox missed it, you are not alone. Most of the boards I work […]
AI cyber attacks are about to scale. The damage won’t land where you think.
A Sky News piece this week put a number on something the AI labs have been hinting at for months. We may have six to twelve months to harden critical software before AI-driven cyber attacks reach a scale we have never faced. The trigger is a new generation of models. Anthropic released one earlier this […]
Two banks, one message, and what it means for the rest of us
In the space of 24 hours this week, the chief executives of HSBC and JPMorgan Chase, the largest bank in Europe and the largest in the United States, both stood in front of their own people and said something striking. Not striking because it was new. Striking because they said it out loud. AI is […]
The Regulator Is Asking What Good Looks Like. Mortgage Brokers Should Answer Before Someone Else Does
The FCA has opened something called the AI Input Zone, and most mortgage brokers will never hear about it. That is the problem. It is not a consultation on draft rules. There is nothing to object to, no proposal to push back on. The regulator is doing something quieter and, in its way, more consequential. […]
Why Your Clients Are Quietly Borrowing Twice
The second charge mortgage market just had its best month since the eve of the financial crisis. In March 2026, lenders advanced £228 million across 4,129 new agreements. That is the highest monthly figure since February 2008, and it represents a 36 per cent jump in value on the same month a year earlier. Over […]
The EU AI Act is being delayed. What that means for UK businesses
In November of last year, the European Commission published a paper called the Digital Omnibus. Buried in it was a proposal that would delay the most consequential parts of the EU AI Act by almost eighteen months. Last Thursday, after months of trilogue negotiations, EU lawmakers reached a provisional agreement to do exactly that. The […]