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Ocado has put a timetable around its founder succession plan. Tim Steiner will remain chief executive until the start of FY2028 before moving into a founder role, as the automation group manages investor pressure and technology-market uncertainty.
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UK investment intentions have fallen to post-pandemic lows this quarter. British Chambers of Commerce data shows only 17% of businesses plan to increase investment, with inflation, taxation, fuel costs, sales weakness, and sector pressure weighing on capital spending.
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Internationally exposed companies remain more confident than their domestic peers. Lloyds’ latest Business Barometer shows overall confidence falling, even as hiring intentions improve and overseas-facing businesses report stronger demand.
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Securonix appoints Toby Weiss to lead its AI security push. The former Fiery chief executive will oversee the company’s next phase as SOCs move from alert management towards AI-powered execution.
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Europe’s AI progress is accelerating, but adoption remains unevenly distributed. Accenture’s AI Progress Barometer shows large companies closing the gap with North America while smaller European businesses fall further behind.
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CBI warns private sector momentum is weakening across sectors again. The latest Growth Indicator shows expectations at their weakest since September 2022, with services, distribution, and manufacturing all under pressure.
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Volkswagen’s restructuring pressure is now a test of industrial governance. Management has told employee representatives current job cuts are insufficient, sharpening tensions around factories, labour power, and Europe’s automotive transition.
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Business travel planning is becoming a resilience issue for employers. Sophie Fleming, Global Head of Trainline Business, argues that rail should be embedded into everyday decision-making, not kept as a fallback when disruption hits.
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The UK skills gap is widening as workplaces change faster. Arden University research and Acas dispute data point to a labour market under pressure from technology, retraining gaps, and weak conflict-resolution capability.
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Remote working has become a retention issue for UK employers. King’s College London research finds fathers increasingly view home working as part of family infrastructure, despite continuing career penalties around visibility.