News
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The Ministry of Defence and Department for Health and Social Care are slated to see billions cut in Whitehall budgets in what a DOGE-style body within the Treasury described as “efficiency gains” – despite both departments set to see a real terms increase in spending between 2026 and 2029. A new government document has revealed…
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Amazon and electricity producer Talen Energy have announced a new long-term Power Purchase Agreement (PPA), under which Talen will supply Amazon with 1.9 GW of power from its Susquehanna nuclear power station in Pennsylvania, destined for Amazon Web Services (AWS) data centres in the area. This deal is the latest among several nuclear agreements by…
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PPE Medpro defends itself in a £122m High Court case, arguing that the UK government approved its gowns during Covid-19 and is now wrongly scapegoating the firm for its own procurement failures. Read more: PPE Medpro hits back in £122m DHSC court case, blaming government ‘chaos’ during Covid procurement
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CMOs waste 21 working days annually fixing broken marketing tools.
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The issue with AI is no longer about the functionality of the technology, but about whether the individuals and processes surrounding it are ready, according to business and tech leaders at KPMG’s discussion at [Viva Tech Paris](https://vivatechnology.com). “We recognize the potential,” remarked Nicole Buttner, CEO of Melantec and General Secretary of Germany’s MPP party. “Yet,…
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The IFRS Foundation announced today that 36 jurisdictions have adopted or are using the IFRS Sustainability Disclosure Standards (ISSB Standards), with 17 having finalised their approach. This announcement signifies ongoing progress in expanding ISSB-based sustainability requirements. In November 2024, a report indicated that 30 jurisdictions were moving towards adopting these standards, following a May 2024…
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UK exports to the US dropped by £2bn in April — the steepest monthly fall since 1997 — following President Trump’s new tariffs. Trade front-loading in Q1 gave way to sharp decline. Read more: Record fall in British exports to US as Trump tariffs bite
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High Street favourite sold for £1 in a bid to stabilise the business.
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FirstGroup, once a pioneer of employee representation on boards, has scrapped its employee director role amid business restructuring—marking a setback for the worker voice movement. Read more: Firstgroup quietly ends long-running employee director policy
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Wimbledon will face a crunch judicial review on their plans to expand their Championships tennis site during this year’s grand slam. Speaking ahead of this year’s SW19 tournament, which gets underway on 30 June, All England Lawn Tennis and Croquet Club chair Deborah Jevans said the Greater London Authority decision to grant planning permission to…