Artificial intelligence Report: AI “apocalypse” could cost UK jobs of 8m. admin Mar 28, 2024 A report warns that automation could lead to the loss of 8 million UK jobs. This is a "jobs-apocalypse" for women,…
Companies Why Ocado could become a tech giant if it is listed in New York admin Mar 28, 2024 If the grocery store can break free from its UK roots, a lucrative future awaits. Tim Steiner, Ocado's chief…
Retail Morrisons’ losses mount amid debt finance pressures admin Mar 28, 2024 Morrisons reported widening losses for the first quarter, after being weighed down with debt financing costs…
Oil and Gas IFS warns that Scotland will face a much larger deficit than the rest of the UK as… admin Mar 28, 2024 IFS warns that the decline in North Sea revenue will cause a shortfall of up to £4,100 per person. The…
Stockmarket News Short sellers flock to Fortnox, a Swedish software company that is on the rise. admin Mar 28, 2024 Tommy Eklund, Fortnox's CEO, has redefined the technology industry in a way that few other chief executives have.…
Banking Bank of England warns that private equity binge could trigger financial crisis admin Mar 28, 2024 The Bank of England warned that the private equity industry poses a threat to financial stability, as it launched a…
Banking UBS sells $8bn in loans to Apollo admin Mar 28, 2024 UBS agreed to sell loans worth $8bn to private capital group Apollo as it wind down its investment bank related to…
Business Formula One owner closes on €4bn MotoGP deal admin Mar 28, 2024 According to sources familiar with the situation, Formula One owner Liberty Media has exclusive negotiations to…
Companies Baltimore Bridge collapse: Carmakers and insurance companies prepare for the… admin Mar 28, 2024 After the collapse of the Francis Scott Key Bridge in Baltimore, carmakers have announced that they will be…
Stockmarket News Shein is close to announcing London IPO reports admin Mar 27, 2024 Shein will announce in the next few days that the London Stock Exchange is the destination of its initial public…
Jobs and employment Tata will ‘continue to lose jobs in Port Talbot even with Labour subsidy. admin Mar 27, 2024 Sources close to Tata Steel have stated that the company would continue to cut thousands of jobs at its Port Talbot…
EU EU investigates Apple and Alphabet owner Alphabet, Meta, under the new tech law admin Mar 27, 2024 Apple, Google parent company Meta and Google are all being investigated by EU authorities for possible breaches of…
Economy Focusing on consumers can give China an extra $3.5trn. admin Mar 27, 2024 The International Monetary Fund said that China's economy could grow by $3.5 trillion over the next 15 year if its…
Banking Bank of England: Delaying interest rate reductions will weaken the UK economy admin Mar 27, 2024 A report warns that the UK economy is headed for a slow recovery after the recession, and the Bank of England may…
Retail Kingfisher owner B&Q is impacted by sluggish French sales admin Mar 27, 2024 Kingfisher's hopes of a recovery have once again been dashed after the DIY retailer saw its profits fall due to…
Politics British homes are smaller, older and more expensive than those overseas admin Mar 27, 2024 A report says that Britain's housing is "expensive and cramped" with an ageing population. It offers the lowest…
Energy As Treasury “stifles” offshore wind, energy prices could rise admin Mar 27, 2024 A new report claims that consumers could see their energy prices rise further because the government is blocking…
Business Merlin’s record revenue keeps wheels spinning admin Mar 27, 2024 Merlin Entertainments announced today the purchase of the Orlando Wheel in Icon Park, Florida. It is the tallest…