UK banks lack Mythos access

UK banks' inability to access Anthropic's advanced AI model Mythos, which is designed for cybersecurity vulnerability identification, has prompted a government-appointed AI adviser to call for building domestic AI capabilities. Harriet Rees, CIO of Starling Bank and AI champion, along with Rohit Dhawan of Lloyds Banking Group, developed a package of recommendations on AI policy and regulation. The proposals, published as part of the government's financial services AI adoption plan, urge regulators to review AI chatbot use for financial advice and suggest designating critical AI providers. Finance Minister Rachel Reeves announced a plan for AI sovereignty, backing British companies. The UK government accepted the recommendations and will work with regulators and industry.