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KKR’s retreat leaves Thames Water clinging to creditor plan.
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When Canva disclosed in April its plans to decrease its technical writing team, many in the industry were caught off guard. This action followed the Australian tech powerhouse’s recent focus on incorporating generative AI technologies into the workflows of its employees, which some considered to be experimental. The cut of 10 to 12 technical writing…
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While the majority of tech platforms aim to retain user interest, Hinge adopts a unique approach: it seeks to remove itself from your device altogether. Launched again in 2016 under the ownership of Match Group, Hinge positions itself as an alternative to the swipe culture. Featuring a minimalist interface, carefully chosen prompts, and the slogan…
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UK steelmakers have narrowly avoided being hit with a damaging 50% import tariff by the United States – for now – after President Trump signed an Executive Order confirming that the UK will remain under the existing 25% tariff while a new bilateral steel agreement is finalised. Read more: UK steelmakers avoid immediate 50% US…
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UK-based renewable energy firm Low Carbon has announced the completion of a sale involving a portfolio of eight solar projects with a total capacity of 350 MW, as well as two co-located battery storage assets with a capacity of 85 MW, to the French energy conglomerate TotalEnergies. These projects are in advanced development stages and…
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Consumers frequently do not read agreements thoroughly, with 68% citing length as the main barrier, while 27% deem them overly complicated. Adobe Acrobat provides a means to enhance this experience by utilizing AI technology to distill lengthy and intricate contracts into the fundamental components essential for decision-making. This technology is available to all consumers and…
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There is no single change radical enough to deliver the “fundamental reset” needed by the UK’s water industry, a much-anticipated review into the sector has found. The Cunliffe review has been led by former Bank of England deputy governor Sir John Cunliffe and is the largest since the sector was privatised in the late 1980s.…
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The British Business Bank has reached a major milestone in its mission to support smaller businesses across the UK, with more than £5 billion now delivered through its ENABLE structured guarantee programmes. Read more: British Business Bank hits £5bn milestone fuelling regional growth and housebuilding
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The US Department of Energy has announced the termination of $3.7 billion in grants allocated to clean energy projects during the Biden administration. These grants, awarded through the Office of Clean Energy Demonstrations (OCED), were reviewed and deemed economically unviable by the current administration. In total, the DOE has cancelled 24 grants. The department noted…
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Chancellor told UK is “one shock away” from breaching rules
