By Robert Booth
Publication Date: 2026-03-22 16:00:00
Palantir’s latest UK deal takes the AI and data analytics company into the heart of one of the UK’s largest industries: financial services, which accounts for 9% of the economy.
The Miami-based company integrated its technology with the NHS in 2023, the police in 2024 and the military in 2025. Land and expand is the saying in the tech industry. Palantir has secured scriptwriting contracts worth more than £500m.
Now, in 2026, the agreement with the Financial Conduct Authority (FCA) to examine the terabytes of information collected offers another unprecedented insight into the inner workings of the UK authorities. It also provides insight into a wealth of data about the functioning of one of the world’s most important financial centers, the City of London.
The attractiveness of companies like Palantir to public authorities is driven by three forces: the desire to find more efficient ways to use human resources in the face of strained public finances; the existence of data lakes swollen by…
