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Apple faces a new antitrust complaint in Brussels. Filed by civil rights groups, the complaint alleges Apple’s App Store rules breach the EU’s Digital Markets Act, potentially worsening regulatory issues for the tech giant.
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Technology should serve humanity, not consume it. That’s the conviction driving Chris Kaspar, founder of Wisephone and Sage Mobile, whose “intentional technology” movement seeks to heal digital dependence. From rejecting multimillion-dollar deals to redesigning devices for peace of mind, Kaspar is proving ethics and innovation can coexist.
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A new psychometric tool measures behavioural risk in leadership teams. Behavioural Risk Index applies psychology and data science to identify how collective decision-making traits influence resilience, performance, and organisational outcomes.
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JCB CEO warns against harmful tax increases in upcoming Budget. Graeme Macdonald expresses concern over potential tax hikes affecting inward investment and British business, joining growing number of business figures voicing concern ahead of November’s budget.
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Morrisons to close 103 UK outlets to streamline operations. Morrisons will close cafés, florists, pharmacies, and convenience stores to optimise operations amid rising costs and focus on core growth areas. Profit recovery noted, but challenges persist with energy, staffing, and regulatory expenses.
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Allica Bank acquires fintech Kriya to boost SME lending capacity. The acquisition, announced on Wednesday, is Allica’s third, following its purchase of Allied Irish Bank’s SME portfolio and Tuscan Capital. Allica aims for £1bn in working capital finance.
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Labour urged to rethink youth wage policy amid rising Neet numbers. A report warns nearly one million young people are out of education, employment or training, as Labour considers scrapping lower minimum wage rates for young workers.
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Waymo plans to launch self-driving service in London by 2026. The company will introduce its autonomous ride-hailing service using Jaguar Land Rover’s electric I-Pace vehicles, while collaborating with UK regulators to secure necessary approvals.
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The top 1% of UK taxpayers paid a third of taxes. HMRC data shows the top 500,000 taxpayers paid £93.8 billion in 2023/24, comprising 33% of income and capital gains tax receipts. Wealth Club warns against deterring high net worth individuals.
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Pizza Hut will close 68 restaurants across the United Kingdom. The move follows the collapse of its UK franchise operator, placing around 1,210 jobs at risk. Parent company Yum! Brands will acquire part of the estate through a pre-pack deal designed to keep selected sites operating under direct control.