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Cloud costs now average 10% of revenue. Start-ups and SaaS companies are putting finance teams in charge as spending volatility turns cloud into a major profit risk. New research by Cloud Capital shows 89% of CFOs report margin erosion and 97% have formalised cloud governance.
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Tricia Nelson joins Insights to lead its next phase of global growth. Her appointment completes the company’s executive leadership team and reflects its ambition to scale its learning and development impact across 109 countries.
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Leon enters administration as part of a restructuring effort. The fast-food chain aims to close loss-making restaurants and cut jobs. Co-founder John Vincent reacquired Leon from Asda and plans a Company Voluntary Arrangement to return to core values.
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Policy uncertainty is impacting Britain’s small business sector. Goldman Sachs’ Kunal Shah highlights concerns over unclear taxation and employment laws affecting investment and hiring decisions. Despite optimism in performance, regulatory shifts continue to challenge entrepreneurial confidence.
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Fervo Energy secures $462 million for geothermal projects expansion. The funding supports Utah’s Cape Station project and other initiatives, with new and returning investors including Google and Breakthrough Energy Ventures. Fervo aims to meet surging clean energy demand with its innovative solutions.
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Neo4j launches Fleet Manager to unify graph database governance. The platform gives CIOs and CDOs centralized oversight across cloud, hybrid, and on-premises deployments, simplifying administration and compliance as graph adoption accelerates in AI and data-driven enterprises.
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Over a third of disabled consumers say their experience would improve if staff had a greater understanding of disability. New Business Disability Forum research highlights persistent barriers in product access, customer service, and design — and calls on companies to turn inclusion into a strategic advantage.
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Bank of England signals hawkish stance on future interest rates. Despite measures in the upcoming Budget expected to reduce inflation, policymakers remain cautious, focusing on persistent inflation risks and economic pressures that may influence future rate decisions.
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Airwallex has raised $330 million at an $8 billion valuation. The company will establish San Francisco as a dual global headquarters to accelerate its U.S. growth and AI expansion. The move follows a 30% valuation rise and marks a major milestone in its global financial technology strategy.
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Meta and NextEra Energy announce major clean energy agreements. Meta has committed to purchasing 2.3 GW of solar power and 165 MW of energy storage from new projects in the U.S., aiming to enhance energy infrastructure and support its data centre operations.