UK Banks' Lack of Mythos Access a Wake-Up Call

Posted: 28th Jul 2026

LONDON, July 14 (Reuters) - UK banks' inability to access Anthropic's powerful AI model ⁠Mythos ⁠emphasises the urgent need for Britain to build ⁠its own AI capabilities and adopt a more strategic approach to the technology, a government-appointed banking sector adviser ​said.

Harriet Rees, the Starling Bank chief information officer who was appointed “AI champion” by the finance ministry in January, said Britain needed to build AI infrastructure and models ‌while developing skills to ensure Britain is not ‌fully reliant on U.S. tech.

"Now is the time for us to think very strategically about what we need to do to protect our leading position ⁠moving forward. Time really ⁠is of the essence; we don’t have two years here,” Rees said in an interview ​with Reuters.

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