BlackRock and Microsoft to invest $30bn in AI infrastructure
BlackRock and Microsoft are preparing to launch an artificial intelligence fund worth more than $30 billion to help…
Monthly Archives
September 2024
UK’s post Brexit checks on fruits and vegetables have been delayed a third.
The third delay in the planned post-Brexit check on fruits and vegetables imported into Britain from EU has been…
Martin Lewis: UK’s smart-meter targets are leaving energy consumers…
According to consumer advocate Martin Lewis, the government's "perverse" targets for installing electronic smart…
IPPR: Tackling UK ill-health is essential to economic growth
A left-of centre think-tank said that the government should invest £15bn per year in a radical reform programme…
Sky Betting & Gaming reprimanded after sharing personal data without consent
Sky Betting & Gaming, an online gambling company, has been reprimanded for sharing customer information…
B&Q owner tightens guidelines as housing market improves
Kingfisher, the owner of B&Q, has increased its forecast for its lower end despite a weaker demand for…
AllSaints continues to grow with record profits
AllSaints has achieved another record-breaking year in terms of revenue and profit.
The fashion retailer's sales…
Bank bond sales could cost Treasury billions
According to a new analysis, the Bank of England's decision of selling back bonds to investors to reduce its…
THG spins off tech services to fix the balance sheet
THG, the struggling online beauty and nutrition company, has announced that it will spin off its technology…
BP will sell American onshore wind farm
BP plans to exit the American onshore Wind Market with ten wind farms, as its new boss tries simplifying the…
Harland & Wolff, the Titanic’s builder, is heading for administration
Harland & Wolff - the shipyard which built the Titanic - is about to enter administration for the second…
Labour says that the right to work at home is a productivity booster.
Labour has promised to end "presenteeism", or the culture of not showing up for work, in Britain's offices. They…
Russian state banks open branches to eastern Ukraine
Russia has opened branches of its biggest state banks in Mariupol and other cities, consolidating its grip on the…
Roche data reveals the stomach-churning effects of weight loss drugs
Roche has raised hopes that the Swiss pharmaceutical company may have a blockbuster drug in its hands. Early trial…
European governments sell off €16bn in bank stocks
Over the last year, European governments have sold more than €16bn in bailed out bank stocks as they try to put an…
Thames Water aims to raise £3.3 billion in new cash
Thames Water has asked investment giants Brookfield Infrastructure Partners, and Global Infrastructure Partners for…
Knoops wants £5 million for expansion globally
Knoops raises £5 million through a deal valued at £34million. The chain of fast-growing chocolate drink cafes aims…
Rachel Reeves warns that a tax grab on private equity may backfire
Rachel Reeves was warned that closing the private equity loophole, which would raise at least PS500m, could lead to…