Set you own salary as gaming’s new boss

AN online gaming platform is looking for a new CEO to join the company with the power to ‘name their own salary’ and help ‘shape the future of gaming’. In what it claims is an ‘industry first’, Ancient Gaming is giving an ambitious professional over the age of 21 the chance to step up and…

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Housing market rebounds after budget as buyer demand surges

The UK housing market showed unexpected resilience in October, with estate agents reporting increased sales, rising buyer inquiries, and a brighter outlook following the Autumn Budget. Despite pre-budget apprehension, the housing market outperformed expectations, according to the latest survey by the Royal Institution of Chartered Surveyors (Rics). Of the 269 estate agents polled, a majority…

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Meta hit with €800m fine by EU for antitrust breach in Facebook Marketplace case

Meta Platforms has been fined €797.72 million (£663 million) by the European Commission over alleged anti-competitive practices involving Facebook Marketplace. The European Union regulator ruled that Meta breached competition laws by linking its social network with Facebook Marketplace, giving it an unfair advantage over rival online classified services. Margrethe Vestager, the European Commission’s executive vice-president…

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Barclays launches £22bn fund and new business prosperity index to support UK business growth

Barclays has introduced the Business Prosperity Index, a new quarterly report offering a detailed view of UK business performance and growth opportunities. Created with the Centre for Economics and Business Research (Cebr), the index combines data from over one million Barclays business clients—including lending, cash flow, and international payments data—and survey insights from 1,000 business…

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The Entertainer halts new store plans due to budget’s national insurance hike

The Entertainer, one of the UK’s largest toy retailers, has abandoned plans to open two new stores following the government’s decision to raise employer National Insurance (NI) contributions. Chief Executive Andrew Murphy explained that the increased costs have also led to a hiring freeze at the company’s head office. The decision underscores mounting business concerns…

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Asos optimistic about turnaround despite £380m loss

Asos has expressed confidence in its recovery strategy despite reporting a £380 million pre-tax loss for the past financial year. The online fashion retailer has halved its inventory levels since 2022 and shifted focus to full-price sales, aiming to improve profitability. Chief Executive José Antonio Ramos Calamonte described recent changes as “medicinal,” with measures such…

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