News
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Europe’s AI future hinges on grid speed. A new report warns that poor electricity grid planning could result in 13-year connection delays for data centres, pushing billions in investment away from the continent’s traditional tech hubs and towards more agile markets in southern and central Europe.
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UK-headquartered ESG software analytics provider Datamaran has introduced Datamaran Core, a novel solution intended to aid companies in pinpointing and handling ESG issues, risks, and opportunities.
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Raspberry Pi executives reduce stakes after IPO. Founder Eben Upton and CFO Richard Boult have sold shares worth £1.8m and £455,000 respectively, following the end of the company’s lock-up period. Despite a recent dip in share price, Raspberry Pi maintains profitability and FTSE 250 status.
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Ten thousand companies removed from UK register. Companies House has launched a sweeping purge of suspected shell firms and fraudulent entities, with new powers allowing it to challenge, reject, and dissolve non-compliant organisations. The action forms part of a broader campaign to restore corporate transparency and tackle organised crime.
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UK and India agree major trade deal. The agreement will cut tariffs, boost trade by £25.5bn, and open up key sectors. Ministers say the deal will benefit whisky, cars, and services — though ratification and investment talks are still ongoing.
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Federal Reserve pauses again amid economic pressure. The US central bank held its benchmark rate steady for a fourth time, as policymakers warned of inflationary pressure from rising tariffs and signalled a slower path to future rate cuts.
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The agreement represents a significant milestone in Climeworks’ development as a carbon removal service provider.
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The European Central Bank (ECB) has released its latest climate-related financial disclosures, illuminating the carbon footprint and climate risks associated with its portfolios. Notably, the carbon intensity of its €331 billion corporate bond portfolio has decreased by 38% between 2021 and 2024. This development is significant as it aligns with the ECB’s commitment to supporting…
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EU exempts 90% of importers from CBAM. A new 50-tonne threshold will primarily remove SMEs from compliance while keeping 99% of emissions under regulation. The move is part of broader EU efforts to reduce reporting burdens while maintaining the climate integrity of the carbon border adjustment mechanism.
