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The UK’s official statistics body has begun an assessment of the cost of running British Steel.
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Meta has launched its first standalone AI app in a direct challenge to OpenAI’s ChatGPT.
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Luxury fashion conglomerate Kering has unveiled a comprehensive “Water Positive Strategy” designed to reduce water-related risks across its supply chain and contribute to a net positive water impact by 2050. The company, whose portfolio includes high-end labels such as Gucci, Saint Laurent, Bottega Veneta, and Balenciaga, aims to deliver measurable improvements in the availability and…
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Vinted, the online resale platform founded in Lithuania, has introduced its own venture capital division in a strategic move that could redefine the UK’s rapidly growing re-commerce sector. Named Vinted Ventures, the new fund will focus on growth-stage startups throughout Europe, including the UK, with investment plans set between €500,000 (£425,000) and €10m (£8.5m). The…
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3CLogic has announced the release of its new Voice AI Hub.
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The global hardware-in-the-loop market is projected to expand over the next five years, growing from an estimated US$1.1 billion (£885 million) in 2025.
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The UK government proposes extending the sugar tax to milk-based drinks like milkshakes.
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Labour’s benefit cuts risk costing the UK economy over £38bn a year, says the Trussell Trust, as rising poverty places further pressure on public services and economic growth. Read more: Labour’s benefit cuts could cost UK economy billions, warns Trussell Trust
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UK supermarkets ramp up promotions, spending £347m on deals to stay competitive as grocery inflation rises to 3.8%, according to Kantar’s latest market report. Read more: UK supermarkets spend hundreds of millions on promotions as grocery price war intensifies
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Italian energy company Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, paving the way for full-scale construction to begin in 2025. The project, which lies at the heart of the HyNet industrial decarbonisation cluster in North West England and North Wales, is a key…
