The long-awaited Oasis reunion is set to deliver a remarkable £426.3m boost to London’s economy, with fans across the UK set to spend over £1bn. New data from Novuna Personal Finance found that the band’s sold-out, seven-night residency at Wembley Stadium will attract more than 630,000 fans to the capital, with each night forecast to…
OpenAI has unveiled a significant advancement in consumer hardware through its acquisition of io Products, a startup co-founded by former Apple chief designer Sir Jony Ive and OpenAI CEO Sam Altman. This deal, reportedly valued at $6.5 billion (£5.1 billion), allows OpenAI to fully oversee the company, marking an important milestone as the AI organization…
The company behind crisps brand Seabrook has warned Chancellor Rachel Reeves’ Autumn Budget tax hikes will have an impact on its bottom line this year. The Cheshire-based UK arm of Japanese giant Calbee pointed to the increase in the National Living Wage and employers’ National Insurance contributions, which came into affect in April, as key…
The software mergers and acquisitions (M&A) market in the UK has surged to unprecedented levels, cementing the country’s status as a significant force in the European tech investment landscape. A recent analysis from consultancy BearingPoint Capital indicates that £13.2bn was invested across 420 deals in the past year—a 27 percent year-on-year rise propelled by the…
Dior, M&S, Co-op and Harrods are the latest victims in a growing crisis. Why retail — and what happens next?
New SVB report reveals AI startups dominate venture funding, but warns of ‘zombiecorns’—overfunded companies with weak growth and poor unit economics. Read more: AI cash boom masks rise of ‘zombiecorns’ as funding gaps widen in startup ecosystem
For the first time, Paris has surpassed London as the leading tech hub in Europe, igniting new worries about the UK’s ability to sustain its international competitiveness in the rapidly expanding technology industry. As per Dealroom’s recently published 2025 Global Tech Ecosystem Index, the French capital has established itself as the sole non-American city in…
Inflation bounced back up to 3.5 per cent in April, official data has revealed, underlining the cost burden firms are taking on after Chancellor Reeves’ tax hikes on employers and rise to the national living wage came into effect. Consumer price inflation rose by 1.2 per cent on a month-on-month basis, higher than the last…
Research has shown that small and medium-sized enterprises (SMEs) in the UK have the potential to generate as much as £78 billion for the economy over the next ten years through an increased use of generative artificial intelligence. Even with the swift progress of AI technologies like ChatGPT, Microsoft Copilot, and other large language models…