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Britain’s Fair Work Agency has expanded its exploitation enforcement remit. Updated policy clarifies its modern-slavery role and use of Fraud Act offences where serious worker exploitation falls below the slavery threshold.
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Germany is targeting stronger growth through reform and infrastructure spending. Chancellor Friedrich Merz wants expansion of at least 1% next year as Berlin deploys capital from its €500bn infrastructure programme.
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Gatwick is advancing investment after its runway programme cleared challenges. Revenue and EBITDA rose in the first half as the airport moved its Northern Runway expansion towards detailed design and delivery.
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Volkswagen is preparing deeper restructuring as German factory pressure intensifies. Management wants further cost reductions ahead of a September board meeting, while labour representatives and Lower Saxony are pressing for alternatives.
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Basware has agreed to acquire payment-fraud specialist Trustpair this year. The deal extends invoice automation into supplier-account verification as generative AI increases the sophistication and scale of payment fraud.
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Anthropic’s reported Nscale deal puts enormous value on compute capacity. The six-year agreement is said to cover 460MW of AI infrastructure and $45bn of spending at a West Virginia campus.
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The UK is widening the Bank of England’s innovation mandate. A proposed secondary objective would cover payments and digital money as stablecoin regulation and payment infrastructure move closer to implementation.
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Deloitte agrees to a $21.5 million settlement with DOJ. The U.S. Department of Justice has reached a settlement with Deloitte, involving allegations of racial and gender discrimination through DEI goals in hiring and staffing decisions, prompting the firm to pay $21.5 million.
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Barnsley is testing practical AI training linked directly to employment. Two new programmes combine paid placements, learning linked to Level 4, and job search support as the town develops its role as a national technology skills test bed.
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Land Registry is adding identifiers to improve property data matching. UPRNs and INSPIRE IDs will accompany new Price Paid Data releases, giving lenders, developers, property platforms, and researchers more reliable links between datasets.