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Sterling reaches $1.38, its highest since October 2021. Analysts attribute the rise to US dollar weakness amid economic disruption, shifting interest rate expectations, and geopolitical uncertainty, creating a rare buying opportunity for those needing US currency.
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India and the EU finalise landmark trade agreement. The deal concludes nearly 20 years of negotiations, aiming to enhance economic ties. It will reduce tariffs, expand market access, and bolster supply-chain integration between the two regions.
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Hargreaves Lansdown reduces fees for half its customers. The UK’s largest DIY investment platform, Hargreaves Lansdown, is set to cut fees for around half of its clients, introducing new charges for fund trading amidst increasing industry competition.
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Labour MPs urge halt to business rates hike for venues. Nearly 50 Labour MPs have written to the chancellor, calling for an immediate halt to a planned rise in business rates for music venues, warning that the revaluation could push many spaces to the brink of closure.
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Waymo prepares for UK launch amid US safety scrutiny. The Alphabet-owned self-driving vehicle firm is testing its robotaxis in London ahead of a planned passenger launch this year, while facing regulatory investigations in the US following incidents involving its vehicles.
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UK organisations face mounting operational technology cyber threats this year. More than half expect their OT systems to be prime targets for attacks, according to new research from e2e-assure. The company has launched a 24/7 monitoring platform to strengthen defences across industrial and critical infrastructure networks.
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The world has failed to learn key lessons from COVID-19. New research in The Lancet Psychiatry warns that governments must embed mental health into pandemic preparedness, after evidence showed inequalities deepened and vulnerable communities were left behind.
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Calling someone “old” for IT struggles isn’t age discrimination. The tribunal ruled on Farah Janjua’s case against Harvey Jones Ltd, where a colleague’s comment about her IT skills didn’t meet the legal threshold for age discrimination.
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NCC Group partners with Delinea to enhance cyber security solutions. NCC Group has teamed up with Delinea to offer cloud-native solutions aimed at safeguarding organisations from cyber threats. This collaboration follows the sale of NCC’s Escode business to TDR Capital LLP for £275 million….
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A think tank urges Labour to limit early pension access. The Resolution Foundation recommends restricting private pension access before state pension age to deter early retirement. The UK faces rising unemployment and labour shortages, impacting public finances.
