The UK could unlock £57 billion for the economy by 2030 through a green industrial strategy, according to the Confederation of British Industry (CBI). The CBI has called for governments to be mandated to test policies against the UK’s climate commitments and forcing the Treasuring and Office for Budget Responsibility to provide an estimate from…
Dame Jayne-Anne Gadhia, one of Britain’s most prominent businesswomen, is in advanced talks to sell her money-saving app to Vanquis Banking Group, the consumer lender. It is understood that Dame Jayne-Anne is nearing a deal with Vanquis – formerly known as Provident Financial – with an announcement possible in the coming weeks. The former Virgin…
Almost 1,000 workers at Gatwick Airport, including baggage handlers and check-in staff, will stage eight days of strikes from later this month. Staff will strike in a dispute over pay, the union Unite announced, at the start of the school summer holidays. Significant disruption, delays and cancellations are “inevitable”, the union said. The workers will…
Millions of public sector workers will be given a pay rise of at least 6%, but government departments have been told to fund the rise from within existing budgets. Police officers, junior doctors and teachers in England are among those who would benefit after Rishi Sunak accepted all the recommendations of the independent pay review…
More than a quarter of UK adults have used generative artificial intelligence such as chatbots, according to survey showing that 4 million people have also used it for work. Generative AI, which refers to AI tools that produce convincing text or images in response to human prompts, has gripped the public imagination since the launch…
The head of the Financial Conduct Authority has said that artificial intelligence could disrupt the financial services sector in “ways and at a scale not seen before”, warning that the regulator would be forced to take action against AI-based fraud. Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), said that there are risks of “cyber fraud,…
General Data Protection Regulation (GDPR) established by the European Union is a formidable legal framework designed to regulate the processing and transfer of personal data across member states. According to the data analyzed by the Atlas VPN team, companies had to pay over €1.5 billion in GDPR fines through the first half of 2023. On…
Threads will add an alternative home feed of posts as part of a series of updates to the new social media app after users complained. Instagram boss Adam Mosseri said a feed for Threads showing posts in chronological order is currently being worked on. Users want to see posts from accounts they follow rather than…
A social enterprise is targeting a record pay out to independent artists and producers, of more than £3.5million in the coming year, following the launch of two new outlets. The not-for-profit Scottish Design Exchange – which provides high street retail space for hundreds of artists, designers, and artisan food manufacturers – expects to more than…
Twitter’s website traffic is “tanking” according to the chief of internet services company Cloudflare, amid signs users are migrating to alternative platforms such as Threads, BlueSky and Mastodon. On Sunday, Matthew Prince posted a graph from Cloudflare’s ranking of the most popular websites in the world showing Twitter has been in decline since the start…
British businesses are slowing down hiring just as the number of people looking for work rises, according to data that suggested “lingering uncertainty” over the economic outlook. The availability of candidates for new jobs rose in June at the sharpest rate since the height of the UK’s coronavirus restrictions in December 2020, according to the…
Small businesses in the UK are constantly seeking innovative strategies to stand out and drive growth. One powerful approach that has gained significant traction is collaborative marketing. By forming strategic alliances with like-minded businesses, small enterprises can leverage each other’s resources, expertise, and customer base to achieve mutually beneficial outcomes. In this article, we will…
Sustainability has become more than just a buzzword. It is a key driver of success and a competitive advantage for businesses across various industries. This article explores the importance of implementing green practices in UK small businesses, highlighting how sustainability can contribute to long-term growth, customer loyalty, and cost savings. Understanding Sustainability and Green Practices…
Employees preparing to set out of office responses for their summer holiday are being warned to avoid ruining working relationships. The business experts at Suited Insure are offering their insight for professionals seeking to perfect their summer out of office response. The desire to rush into holiday mode could hinder people’s professions when they return…
Businesses are constantly seeking innovative ways to enhance their brand awareness and reach their target audience effectively. One emerging trend that has gained significant attention is the rise of micro-influencers. These individuals, with a smaller but highly engaged following, have proven to be powerful brand advocates, particularly for UK small businesses. By leveraging the influence…
