Section
United Kingdom
The latest United Kingdom coverage from Bullquill: sourced, dated and explained.
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UK AI security funding of £600m includes £100m biosecurity lab
Biosecurity gets the largest share, including £65m for pathogen countermeasures, and OpenAI and Anthropic committed up to £200m in model credits. No delivery timeline for the lab has been published.
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UK Be Ready campaign: keep 3 days of food, water and cash
Security Minister Dan Jarvis launched the guidance on 22 October. Prime Minister Andy Burnham says it is about sensible preparation, not panic buying.
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FCA DeFi guidance: two UK consultations close 18 November
The UK Financial Conduct Authority has published two DeFi papers. They say decentralisation is a spectrum, not a legal carve-out, and set out when protocols, front ends and firms may need authorisation before the regime starts on 25 October 2027.
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Barclays job cuts: 5,000 roles to go, Unite says AI is an excuse
About 1,000 roles have already gone and 4,000 more are due by the end of the fourth quarter, finance director Anna Cross said. Chief executive C. S. Venkatakrishnan called AI "the icing on the cake, not the cake".
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China seeks to confiscate Qian Zhimin's 61,800 bitcoin held in UK
The court opened a six-month window for investors and other interested parties to join the case. At CoinGecko's price of $82,262, the coins are worth roughly $5.0 billion, one of the largest bitcoin holdings controlled by any government.