Business
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Oliver Chapman, OCI Group CEO, welcomes the new EU-UK agreement, but poses questions on long-term value.
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In the past month alone, cyber attacks have gone from occasional headlines to near-daily national news fixtures.
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New UK rules for BNPL raise critical questions about ecommerce UX, conversion rates and whether frictionless finance is now a fading fantasy.
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McKinsey & Company has cut more than 10 per cent of its global workforce in the past 18 months, trimming headcount from over 45,000 at the end of 2023 to around 40,000 today, as the consulting giant adapts to a downturn in demand and the fallout from costly legal settlements. Read more: McKinsey cuts 10%…
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Pubs enjoyed a boost in April during the sunny spring weather as Brits opted for outdoor beer gardens over indoor restaurants. Like-for-like sales growth at pubs reached 9.1 per cent year on year, according to the latest CGA RSM Hospitality Business Tracker. Sales across all hospitality outlets were 4.2 per cent ahead of April 2024…
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London has relinquished its status as the world’s foremost center for scientific and technological innovation. A report has issued a serious alert about the City’s declining international prominence. The UK’s capital has been surpassed by San Francisco and Zurich, which gained 16 and 6 points respectively. Conversely, London saw a drop of three points, resulting…
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Sportswear giant Adidas is the latest retailer to suffer a cyberattack targeting customer data, highlighting escalating risks in the retail sector.
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Dragons’ Den celebrity Steven Bartlett has declared the “largest deal of his career” after securing a partnership with a US tech company. The businessman shared that he has finalized a “significant, double-digit equity investment agreement” with the Los Angeles-based company Stan Store. Stan Store, headed by CEO John Hu, who established the company in 2021,…
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A fresh initiative has been introduced to boost AI cooperation throughout Europe, expanding upon the recent accord between the UK and the EU. This collaboration encourages leading UK public research organizations to apply to serve as the UK’s conduit to Europe’s most cutting-edge supercomputing facilities, essential for hastening AI advancements. After negotiations facilitated by the…
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University of Cambridge leaders have issued a stark warning that the UK risks falling behind in the race to commercialise world-class research unless it does more to support academic spin-out companies struggling to scale. Read more: Cambridge warns UK must scale up investment to turn spin-outs into global success stories