
City AM
Free London business newspaper covering UK Finance, business and technology.
City AM reported on 6 October 2026 that ASOS blamed a breach of customer names and contact details on a staff login obtained by impersonation. A week earlier the London paper put data centres at no less than 80 GW of Britain's grid queue.
Last refreshed: 18 October 2026 · Appears in 2 active topics
Why did the UK's AI minister choose City AM to set out Britain's AI strategy?
Timeline for City AM
Mentioned in: ASOS app pushes rogue alert to customers
Cybersecurity: Threats and DefencesMentioned in: GB Grid opens self-build to data centres
Data Centres: Boom and BacklashNarayan and Harms split on sovereignty
UK Startups and InnovationPublished UK Q1 2026 VC figures from Dealroom data
UK Startups and Innovation: UK Q1 VC hits $7.8bn, Nscale dwarfs restBackground
City AM is a free London business newspaper covering UK Finance, business and technology. It began as a print title handed out across the Square Mile and Canary Wharf, and most of its readers now reach it online.
Ministers and executives use the paper to put positions on the record. On 15 July 2026 AI minister Kanishka Narayan told City AM that Britain wants global AI leadership rather than a copy of Silicon Valley; Quantexa's John Harms replied that sovereignty needs governance control and data portability, not just UK-based hardware. On 6 October ASOS gave City AM its account of the breach: an unauthorised party had impersonated a trusted contact to obtain an employee's credentials. The paper also reported that ASOS shares fell by more than 13 per cent that day.
City AM also publishes the numbers that frame UK business debates. In April 2026 it reported Dealroom data showing British start-ups raised $7.8bn in the first quarter, with AI absorbing $5.8bn of that sum. On 29 September it cited Ofgem figures putting data centres at no less than 80 GW of the demand connection queue, and counted CX Tech's 1,000 MW request near Chapelcross as a record.
What is City AM?
Who did City AM interview about UK AI policy?
When did City AM publish the Narayan and Harms interview?
Why did Quantexa's John Harms challenge the UK's AI sovereignty stance?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 18 October 2026. Editorial standards.