-
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…
-
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…
-
Sportswear giant Adidas is the latest retailer to suffer a cyberattack targeting customer data, highlighting escalating risks in the retail sector.
-
The French energy company TotalEnergies has opened its largest cluster of solar power plants in Europe, a series of five projects located near Seville, Spain, with a total installed capacity of 263 MW. As reported by TotalEnergies, the new solar farms will generate 515 GWh annually of renewable electricity, enough to meet the needs of…
-
Starbucks has unveiled a new version of its iconic takeaway white cup in Europe, marking a shift towards sustainability by replacing the plastic lining and lids with innovative materials that are home compostable and recyclable. The deployment of this new cup commences this month across ten European nations and is anticipated to reach the UK…
-
The European Banking Authority (EBA), the EU banking supervisor, has announced new proposed amendments to Pillar 3 disclosure requirements for banks. These amendments focus on simplifying and clarifying ESG risk-related reporting, especially for small and medium-sized banks. The EBA stated that its new proposals are aligned with the European Commission’s initiatives to simplify sustainability reporting,…
-
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,…
-
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…
-
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
-
Former BBC executive and TV presenter Alan Yentob has died at the age of 78, his family has announced.