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Barclays plans major workforce reductions while quarterly banking profits rise. Around 5,000 positions are expected to go during 2026, but approximately 1,000 had been removed by mid-year.
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Ministers are consulting on revised rules governing fire and rehire. The proposed code would reflect employment legislation but is not yet final or in force.
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University spinout funding increased while early stage investment contracted sharply. New research shows £1.56bn raised in six months, but just £47m reached first-time equity deals.
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LSEG has agreed to acquire specialist credit intelligence provider Octus. The proposed transaction expands its credit intelligence business, particularly in private markets where proprietary data is commercially valuable.
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Employers face new dismissal restrictions protecting pregnant workers and mothers. The proposed proportionality test is planned for October 2027, while existing redundancy and discrimination duties continue to apply.
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Hercules expects annual revenue growth across British infrastructure service divisions. Revenue is forecast above £130m, with management also anticipating earnings and pretax performance ahead of market expectations.
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Manufacturers faced steeper input prices as industrial inflation accelerated again. September input prices rose 8.3% annually, while factory gate inflation reached 4.6% amid higher energy costs.
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GSK secured US approval for its new chronic hepatitis treatment. Hibsago may allow certain eligible patients to maintain viral control after stopping other medicines, subject to safeguards.
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Azoma raised funding to develop artificial intelligence shopping optimisation technology. The announced $11.2m Series A is intended to support product discovery, attribution tools and recruitment.
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Novatech gained Proxmox Gold accreditation amid mounting virtualisation licensing scrutiny. Its new partner status positions the Portsmouth company to advise organisations evaluating infrastructure costs and migration risk.