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With confidence at record lows, managers face rising costs, shrinking headcounts, and a renewed focus on workforce planning.
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UK wage growth slowed to 5.6% while unemployment rose to 4.5%, as businesses braced for tax increases and a higher minimum wage, according to latest ONS data. Read more: UK wage growth slows as unemployment edges up ahead of tax and wage hikes
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The enterprise software firm IFS, headquartered in London and recently appraised at €15bn (£12.6bn), is shifting its entire business approach to focus primarily on artificial intelligence (AI) as it aspires to achieve a remarkable $100bn valuation by 2029. Focusing on asset-driven sectors like energy, manufacturing, aerospace, and telecommunications, IFS is directing more investments into AI-enhanced…
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British Airways is showcasing encouraging results stemming from its substantial investment in artificial intelligence, with enhanced punctuality numbers indicating that the technology is starting to resolve ongoing issues related to disruptions, cancellations, and operational challenges. Chief executive Sean Doyle characterized the initiative as “game changing,” highlighting a notable reduction in delays and flight cancellations. The…
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A 90-day trade truce between the US and China has calmed global markets — with Europe among the immediate beneficiaries.
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Negotiators from India and the European Union have restarted talks on a long-stalled free trade deal, aiming for progress in 2025.
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After backlash to its ‘Copy Nothing’ campaign, Jaguar is rethinking its creative direction — and the audience it wants to serve.
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Apple is considering raising prices for its next iPhone lineup, with increases likely tied top new features and design changes, rather than ongoing US-China trade tensions. The current lineup ranges from $799 to $1,199. Yet analysts believe the newest model, Pro Max, could hit $1,900 if its pricing reflects upgrades and tariff costs. The Wall…
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A new government-backed Lilac review reveals that systemic barriers faced by disabled business owners could be costing the UK economy up to £230 billion annually. Read more: Barriers faced by disabled entrepreneurs cost UK economy £230bn, report warns
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Heathrow Airport reported an increase in transatlantic passenger traffic in April despite President Donald Trump’s policy changes sparking a sharp downturn in US tourism. Some 1.8m passengers travelled between North America and the UK’s busiest hub over the month, up 5.5 per cent year-on-year. Heathrow also said year-to-date traffic to and from New York’s JFK…
