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Santander rebuffed an £11bn bid for its UK retail banking division from Natwest earlier this year because it was was too low. The two lenders are no longer in negotiations, according to people familliar with the matter cited by the Financial Times, despite consistent speculation about the fate of the Spanish financial juggernaut’s UK business.…
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Bank of England Governor Andrew Bailey has urged renewed efforts to restore trade relations with the European Union.
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Facing persistent geopolitical tensions, shifting tariff regimes and an increasingly complex regulatory environment, companies are experiencing rising challenges across every tier of their global supply chains. From speed to market and quality assurance to cost control and risk mitigation, the rapidly evolving trade landscape is forcing businesses to fundamentally reassess their sourcing and compliance strategies.…
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Amid escalating geopolitical risks and fluctuations in financial markets, UK retail investors amplified their engagement with US technology stocks in April. Trading statistics from prominent investment platforms reveal that American tech giants like Nvidia, Palantir, and Tesla led the most-traded listings, highlighting the persistent allure of US innovation leaders for British investors. On the AJ…
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TikTok hit with €530m fine by EU for unlawful data transfers to China TikTok has received a €530 million (£451.9 million) fine from Ireland’s data protection authority for violating EU data privacy laws, marking a major intensification in European examination of international tech companies and their global data transfer methods. The decision, delivered by Ireland’s…
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Agentic AI promises to transform customer experience economics — but only if businesses automate wisely without sacrificing service quality.
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Two of the UK’s most prominent high street brands – Marks & Spencer and Co-op – have recently fallen prey to a rising tide of cyber threats, underscoring the growing susceptibility of Britain’s retail industry to advanced digital assaults. Marks & Spencer (M&S) has been dealing with the repercussions of a ransomware incident, while the…
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With gold prices hovering near record highs, a growing chorus of analysts, investors and executives is watching.
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Microsoft’s stock surged by more than six percent in after-hours trading on Wednesday, following a strong earnings report that exceeded predictions and highlighted the robust performance of its artificial intelligence (AI) and cloud computing sectors. The American technology leader reported a 13 percent year-over-year increase in revenue, reaching $70.1 billion (£52.5 billion) for the quarter…
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Tesla has denied reports that its board is seeking a replacement for chief executive Elon Musk, after a Wall Street Journal report claimed the company had began a search for its new chief executive, amid mounting concerns on his political entanglements. In a post early Thursday on X, the social media owned by Musk, Tesla…