Problem Structuring · Problem Formulation · Soft Systems Methodology · Practice of Operational Research · Process Thinking · Facilitation · Group Support Systems · Co-Editor-in-Chief European Journal of Operational Research · CEng
“Britain isn’t likely to descend into an AI financial free-for-all: a regulatory review in July highlighted the risk that rapid switching by AI agents would damage financial stability.” www.ft.com/content/44d1...
Is Lloyds Bank’s techie boss a secret AI contrarian?The possibility of consumers delegating financial tasks to agentic AI poses a new risk for lenderswww.ft.comAnthropic hacked three companies using their software tools.
PBS NewsAnthropic said its artificial intelligence models hacked into three other organizations during testing, just days after ChatGPT maker OpenAI raised concerns over AI controls after it disclosed its rogue models hacked another company. https://to.pbs.org/4vTMi3z
Interesting take on RTS “What markets are weighing now is the possibility that the era of increasing returns is over, and new forms of competition are on the way.” giftarticle.ft.com/giftarticle/... [gift]
Markets are getting AI rightRecent volatility reflects economic realitygiftarticle.ft.comTurn PQC on now… “Post-quantum cryptography (pqc) is based on maths that does not seem to be vulnerable to quantum computers, and can be implemented by classical computers now. “ economist.com/leaders/2026... [gift 5 reads]
It is past time to upgrade to post-quantum encryptionWhen the quantum breakthrough comes, data being harvested today will be exposedeconomist.com“In the 1990s income rank mattered more than wealth rank for life satisfaction or avoiding distress. Since then wealth has become steadily more influential and is now the larger driver.” www.ft.com/content/6a35...
We’ve moved from income world to wealth worldPassive wealth gains increasingly matter more than earnings for one’s standing in societywww.ft.com“The French Air Safety Investigation Authority, the BEA, said that as the plane approached Heathrow, there was a data system failure which triggered a stall warning.” www.bbc.co.uk/news/article...
British Airways flight called mayday on approach to HeathrowThe call was made on an Airbus A320 flying from Dusseldorf airport in Germany on 6 July following two stall warnings.www.bbc.co.ukAnthropic says it hacked three companies using its software tools www.bbc.co.uk/news/article...
Anthropic says Claude AI hacked three organisations during cyber testsIt comes just days after rival OpenAI said rogue AI agents had breached other firms' networks.www.bbc.co.uk“Existing laws on both sides of the Atlantic likely hold the AI operator liable for any damages caused if an agent or AI system escapes its sandbox and breaches a third party.” AI has no intentionality. www.theregister.com/legal/2026/0...
Excuses like 'AI did it' don't exist in the eyes of the lawIf your AI goes rogue, better have a good lawyerwww.theregister.com“The moves are in response to “soil moisture deficit” (SMD) caused by spring’s unusually low rainfall followed by hot, dry summer weather as the UK enters its fourth heatwave of the year.” www.theguardian.com/uk-news/2026...
More disruption to rail services in England as heatwave shrinks soilSouth Western Railway joins operators in east of England in reducing train speeds and changing timetableswww.theguardian.com“From 10 August, South Western Railway (SWR) will halve the number of trains between Yeovil Junction and Exeter St Davids, as part of alterations on the West of England line to London Waterloo.” www.bbc.co.uk/news/article...
West Country rail services cut due to effects of dry weatherHot, dry weather shrinks railway embankments for a second year in a row, which can cause tracks on top to buckle.www.bbc.co.uk“Prime brokers extend leverage to hedge funds by lending against a portfolio of stocks, allowing them to boost their returns. Yet that leverage can also lead to painful drawdowns if the market turns against a hedge fund’s positions, as it magnifies losses.” www.ft.com/content/5c8a... [£]
Hedge funds face demands to stump up collateral as AI stocks tumbleScale of losses in recent weeks sparks growing risk aversion on Wall Streetwww.ft.com“Market participants say discounts for bulk buyers range from 15 per cent to more than 20 per cent of the homes’ original sale price, up from single digits just a few years ago.” www.ft.com/content/2a63...
Investors snap up bundles of UK properties as housebuilders offer discountsBulk buyers win double-digit reductions while cautious consumers stay on sidelineswww.ft.com“The historical evidence suggests that for every $1 of investment in computer hardware, companies have made $5-10 of these intangible investments—which implies they would need to spend trillions of dollars a year if AI is to reach its potential.” Discuss. economist.com/finance-and-...
AI revenues are growing fast, but not fast enoughThe returns on trillions of dollars of spending are deeply uncertaineconomist.comI missed the live event at the LSE on the 16th July: The Brexit effect: 2016 – 2026. Recording at www.lse.ac.uk/lse-player/t...
The Brexit effect: 2016 – 2026www.lse.ac.uk“France's main fire in the Gironde region has caused an unprecedented "pyrocumulonimbus" - a giant fire thunderstorm fuelled by its own winds and lightning, said the National Firefighters Federation of France (FNSPF).” www.bbc.co.uk/news/article...
France and Spain fires: Macron calls crisis meeting as wildfires threaten BordeauxBlazes are about 15km from Bordeaux, but the city's mayor says there are no plans to evacuate.www.bbc.co.uk