The recent overhaul of London’s listing rules has made the UK’s stock market more attractive, according to Andy Hunter, Deputy Managing Director of CK Infrastructure, the first company to list under the new regulations. Hunter praised the reforms as “very welcome,” citing the streamlined process as a significant factor in the company’s decision to pursue…
British holidaymakers planning trips to Europe will soon need to budget for a €7 visa waiver as the EU prepares to introduce its European Travel Information and Authorisation System (ETIAS) by the middle of next year. The EU has confirmed that the scheme, which applies to over 60 non-EU countries including the UK, is scheduled…
OpenAI, the firm behind the widely known AI chatbot ChatGPT, has announced a significant partnership with global magazine giant Condé Nast. This multi-year agreement will see content from iconic publications like Vogue, The New Yorker, and GQ featured within OpenAI’s platforms, including its newly launched AI-powered search engine, SearchGPT. The deal marks the latest in…
The price of gold could soar to $2,600 an ounce after reaching a new record, as traders increasingly anticipate that the US Federal Reserve will cut interest rates next month. On Sunday, the spot price of gold broke through the $2,500 per ounce barrier for the first time, extending a rally that has seen the…
Britain’s deteriorating road network is not just a nuisance for drivers—it’s becoming a significant drag on the economy, factory bosses have warned. According to a report by industry group Make UK, the worsening condition of the country’s roads, particularly A-roads and motorways, is adding to manufacturing costs and influencing business investment decisions. Over half of…
ASDA is on the brink of losing its position as the UK’s third-largest grocer, with Aldi set to overtake it by 2028, according to analysis by GlobalData, a leading data and analytics company. The forecast comes as ASDA grapples with a range of challenges, including leadership turmoil, labour disputes, and a shrinking market share in…
Angela Rayner has hinted that some elements of her highly anticipated overhaul of workers’ rights may be delayed, in a setback for union leaders. In a significant meeting held at the Cabinet Office on Whitehall, the Deputy Prime Minister informed union representatives and business lobbyists that “not everything” initially proposed will be included in the…
A major Silicon Valley tech firm, Palo Alto Networks, has issued an apology following widespread criticism for its controversial marketing stunt at an industry event in Las Vegas. The company faced backlash after images emerged showing female models dressed in tight outfits with lampshades covering their heads, used as human lampstands during a networking event…
FreeOfficeFinder, established in 2002, is an innovative and comprehensive service that helps businesses find and rent their ideal office spaces at no cost. As one of the pioneers in the private, flexible office space market, the company has grown alongside the industry, which is projected to reach USD 2.84 billion by 2029 in the UK…
New research has revealed the significant financial burden faced by UK working parents during the summer holidays, with childcare costs soaring by an average of £1,683 per month. This increase in expenses is forcing many parents to reconsider their work options, with some unable to stay in employment due to the lack of flexible working…
HM Revenue & Customs (HMRC) has conceded that it is unlikely to recover more than £19 billion in unpaid taxes, as the department grapples with a significant rise in uncollected tax debt and a dramatic increase in customer service failures. According to HMRC’s latest annual report, the total amount of unpaid taxes has surged to…
The Prince’s Trust has teamed up with medical imaging IT and cybersecurity firm Sectra to launch a new initiative aimed at widening access to technology careers for young people from diverse backgrounds. The programme, titled ‘Get into IT and Administration’, was introduced in Belfast over the summer and focuses on providing under-represented groups with a…
Chinese fast fashion behemoth Shein is gearing up to establish its first British warehouse as part of its preparations for a monumental £50bn listing on the London Stock Exchange. The company, which is now headquartered in Singapore, is focusing its search on the Midlands’ “golden logistics triangle,” a prime area renowned for its logistical advantages….
Footfall on UK high streets has plummeted by an average of 4.8% between Sunday and Wednesday, as recent rioting across England and Belfast deterred shoppers, leading to widespread vandalism and looting. This decline, reported by real estate software firm MRI Software, significantly outpaces the 2.7% drop seen across all UK retail destinations, including shopping centres…
Ocado is pioneering a trial offering everyday items like pasta, rice, and washing liquid in refillable packaging, a first for an online supermarket. The initiative will test a reusable vessel for food and laundry products at no extra cost to customers. This month, the first phase begins with 2kg packs of basmati rice and 1kg…
