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  • Microsoft to source 18 million tonnes of nature-based carbon removal credits in new agreement with Rubicon Carbon

    Microsoft to source 18 million tonnes of nature-based carbon removal credits in new agreement with Rubicon Carbon

    May 15, 2025
    ESG, Global, News

    Microsoft has signed a major new agreement with carbon markets platform Rubicon Carbon to acquire 18 million tonnes of high-quality carbon removal credits, a deal regarded as one of the largest commitments ever made by a single corporate buyer within the voluntary carbon market. The agreement marks a significant escalation in Microsoft’s efforts to achieve…

  • HMRC issues first individual tax avoidance stop notices to former solicitor Paul Baxendale-Walker

    HMRC issues first individual tax avoidance stop notices to former solicitor Paul Baxendale-Walker

    May 15, 2025
    Business, Finance & Risk, Global, Legal, News, UK

    HMRC has issued its first-ever tax avoidance Stop Notices to an individual, targeting Paul Baxendale-Walker for promoting schemes using offshore trusts to avoid tax. Read more: HMRC issues first individual tax avoidance Stop Notices to former solicitor Paul Baxendale-Walker

  • OKX launches “A new alternative: Manchester City” campaign

    OKX launches “A new alternative: Manchester City” campaign

    May 15, 2025
    Business, News, Technology

    DUBAI, UAE – 15 May 2025 – PRNewswire – OKX, a prominent global player in blockchain technology and the Official Cryptocurrency Partner of Manchester City Football Club, has unveiled its latest worldwide campaign titled “A New Alternative: Manchester City”. Building on the ongoing collaboration between the two brands, the campaign promotes the concept of “rethinking…

  • Analysts say ‘buy’ Vanquis shares after payday loan turnaround

    Analysts say ‘buy’ Vanquis shares after payday loan turnaround

    May 15, 2025
    Business, Global, News, UK

    Vanquis shares could finally be about to turn a corner, according to one group of City analysts. The shares peaked at more than 2,600p in 2015, and have since fallen by more than 96 per cent as Vanquis has endured soaring complaints and regulatory backlash thanks to its sub-prime lending and payday loan market exposure.…

  • Number of Living Wage employers rises 19% as more businesses commit to higher pay

    Number of Living Wage employers rises 19% as more businesses commit to higher pay

    May 15, 2025
    Business, Global, News, UK

    Despite a cooling labour market, the number of UK employers voluntarily paying the higher Living Wage rose 19% to 16,040, according to the Living Wage Foundation. Read more: Living Wage employers rise 19% as more businesses commit to higher pay

  • Where does UK–Canada trade stand now?

    Where does UK–Canada trade stand now?

    May 15, 2025
    Business, Europe, Features, Global, International Trade, Leadership, Markets, Operations, UK

    After a turbulent year for UK–Canada trade talks, diplomatic frost and global tariff uncertainty are raising new questions about what comes next.

  • Ares in talks to acquire .2 billion stake in Eni’s renewables, power and EV charging business Plenitude

    Ares in talks to acquire $2.2 billion stake in Eni’s renewables, power and EV charging business Plenitude

    May 15, 2025
    ESG, Global, News

    Italian energy group Eni has announced that it has entered exclusive negotiations with Ares Management Corporation’s alternative credit arm over the potential sale of a 20% stake in its low-carbon energy subsidiary, Plenitude. The proposed transaction would value Plenitude’s equity between €9.8 billion and €10.2 billion (£8.4–£8.8 billion), corresponding to an enterprise value exceeding €12…

  • UK economy beats expectations in Q1 2025

    UK economy beats expectations in Q1 2025

    May 15, 2025
    Markets, News, UK

    The UK economy expanded by 0.6% in the first quarter of 2025, exceeding forecasts and marking the strongest quarterly growth since early 2022.

  • M&S confirms customer data breach amid ongoing cyberattack disruption

    M&S confirms customer data breach amid ongoing cyberattack disruption

    May 15, 2025
    Business, Customer Experience, Cybersecurity, Digital transformation, Enterprise IT, Management, Markets, News, Technology, UK

    Marks & Spencer has confirmed a cyberattack that compromised customer data, underscoring the pressing need for robust cybersecurity measures in the retail sector.

  • ITV increases digital advertising revenue thanks to support from its Studios division

    ITV increases digital advertising revenue thanks to support from its Studios division

    May 15, 2025
    Business, News, Technology

    ITV has kicked off 2025 with impressive momentum, fueled by a boost in digital advertising and renewed strength from its production division, ITV Studios—keeping the broadcaster aligned with its strategic transformation. In its first-quarter trading update concluding on 31 March, ITV announced a 15 per cent year-on-year rise in digital advertising revenue, surpassing wider market…

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