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TSMC’s quarter points to sustained strength in AI infrastructure. First-quarter net income rose 58.3% to a record NT$572.48 billion, while high performance computing contributed 61% of revenue and second-quarter guidance signalled continued momentum.
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Alacrity opens London Market base for US claims oversight work. The launch gives Lloyd’s carriers access to delegated US claims handling backed by London Market reporting and governance.
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NatWest opens Oxford applications for its £100,000 accelerator pitch competition. The latest round is designed to pair funding with coaching and investor access for early-stage UK founders.
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Manchester leads Britain’s new ranking for independent business density today. A SumUp report places Nottingham second and Wolverhampton third, using business density and sector variety to map where local enterprises appear strongest.
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OpenAI expands London presence, highlighting talent over infrastructure. The AI company has secured a large office in King’s Cross, emphasising the value of UK talent despite halting a data centre project. The move underscores the UK’s role in AI research.
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UK businesses cut jobs rapidly in 2026 amid economic challenges. Rising redundancies and job scarcity have exposed the UK economy to the Iran war’s effects, with sectors like retail and hospitality particularly struggling under difficult conditions.
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Service-sector inflation is returning through contracts, transport, and energy bills. March data suggest companies are absorbing faster cost increases while demand, pricing power, and confidence soften.
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Sole traders are increasingly asking AI for support with tax. Starling’s research suggests speed is driving adoption as new HMRC digital reporting rules push sole traders towards faster, simpler, and more integrated financial workflows.
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Treasury faces a pre-action challenge over Motability scheme changes today. The proposed judicial review targets Budget-era policy changes that will cut mileage allowances and raise excess-mileage charges for new orders from July, framing the issue as one of equality, independence, and lawful decision-making.
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Zoho has opened a Milton Keynes office to support growth. The move follows 43% UK growth in two years, with workforce numbers tripling and a UK data centre due in Q2 2026.