Business
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Most UK boards still lack dedicated oversight for digital risk. As AI, cyber threats, and investor scrutiny accelerate, corporate governance structures are straining to keep pace. A new BQX feature explores how boards are responding — and what practical steps they must take to stay ahead.
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This year’s Christian Horner situation illustrates the complexity of leadership scandals. Boards must balance stability, scrutiny, and resilience in times of executive crisis.
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The Bank of England has adjusted its mortgage lending rules. From July 2025, individual UK lenders may exceed the 15% cap on high loan-to-income mortgages, provided the overall market remains below this level. The temporary relaxation takes effect immediately via an interim waiver.
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Christian Horner dismissed as Red Bull Racing team principal. Laurent Mekies takes over amid speculation surrounding Horner’s departure, following an internal scandal earlier this year. Red Bull’s recent performance issues may have influenced the decision.
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The UK Government pledges £92 billion for transport upgrades. The investment aims to boost economic growth, create 42,000 jobs, and improve journey times. It includes major road and rail projects across England and Wales, enhancing connectivity and supporting regional development.
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Morrisons has introduced a new AI product finder. The supermarket’s latest in-app feature, built on Google Cloud, helps shoppers find items more easily during busy periods and seasonal changes, with real-time location guidance across its nationwide stores.
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Apple appeals a €500 million EU fine over App Store rules. The company argues the penalty exceeds legal requirements, claiming imposed business terms harm both developers and consumers. The case tests the EU’s Digital Markets Act against Silicon Valley’s operational norms.
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One-third of global chip production is at drought risk. A new PwC report warns that climate-driven copper disruption could impact 32% of semiconductor capacity by 2035, with supply chains for electronics, cars, and clean energy facing compounding exposure as water-stressed mines falter.
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UK businesses face weakest hiring sentiment in 13 years. Rising taxes, policy uncertainty, and cost pressures are dampening employer confidence, with the latest BDO survey indicating a cautious approach to recruitment despite modest growth in consumer services.
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Business travel in Britain is more diverse than ever. New research shows skilled tradespeople, not just executives, are the main work travellers. The Business Travel Association calls for urgent rail investment as most still drive due to poor connectivity and reliability.
