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Business

  • Palantir boss rebuts Polanski’s wild NHS claims

    April 23, 2026

    A senior Palantir Technologies executive has issued a scathing point-by-point rebuttal after a viral video by Green Party leader Zack Polanski criticised the firm’s role in the NHS and wider public sector. Louis Mosley, who leads Palantir in the UK and Europe, responded directly on X, challenging a series of claims made in the clip. [...]

  • Regulator fines PwC £95m over Chinese Evergrande audit

    April 23, 2026

    The Hong Kong regulator fined PwC Hong Kong a landmark HK$1bn (£95m) for its role as auditor for the now-liquidated property giant, China Evergrande Group. Back in Janaury 2023, PwC resigned as Evergrande’s auditor following a series of disagreements with the heavily-indebted property developer over its audit of the firm’s 2021 accounts. This came after [...]

  • AI-focused services make up 40 per cent of BCG’s 2025 revenue

    April 23, 2026

    The global revenue of the consultancy group Boston Consulting Group (BCG) reached $14.4bn (£10.6bn), a single-digit increase over the previous year, credited to AI. BCG reported seven per cent global revenue growth, rising to $14.4bn in 2025 from $13.5bn in 2024, marking its 22nd consecutive year of growth. The firm said its AI-and tech-focused services [...]

  • BRC chief: Red tape ‘weighs heavily’ on retailers

    April 23, 2026

    Helen Dickinson, the boss of leading trade body the British Retail Consortium, believes red tape “weighs heavily” on retailers. She speaks to Felix Armstrong about food inflation, workers’ rights and her meeting with the Chancellor. Helen Dickinson was six weeks into her job as chief executive of the BRC when the horsemeat scandal landed on [...]

  • Met Police eyes Palantir to speed crime probes

    April 23, 2026

    London’s most prominent police force is considering a major AI upgrade that could change how crimes are investigated across the capital, and raise concerns about who handles the country’s most sensitive data. The Met Police has reportedly been in talks with the controversial Big Tech Palantir Technologies, according to The Guardian, about deploying its AI [...]

  • UK services sector hit with record cost inflation spike after fuel prices surge

    April 23, 2026

    Businesses recorded cost inflation at the highest level since the aftermath of Liz Truss’ chaotic mini-Budget in April as the consequences of the Iran war continued to ripple through the economy. A rapid increase in raw material prices led to a jump in costs for the manufacturing sector but the UK’s all-important services sector – [...]

  • Asos shares uptick despite narrowing losses

    April 23, 2026

    Asos shares are up by more than 3 per cent on Thursday as the online fashion giant focuses on efforts to bear down on its losses. The group cut its pre-tax loss by more than £100m to £137.9m for the six months to the beginning of March, while revenue slid 14 per cent to £1.1bn. [...]

  • AJ Bell inflows surge after record customer growth

    April 23, 2026

    One of the UK’s largest investment platforms recorded a surge in net inflows in its latest trading update after attracting an influx of new customers. AJ Bell reported a 42 per cent rise in net inflows during the second quarter of the financial year, jumping from £1.9bn in 2025 to £2.7bn. Gross inflows also hiked [...]

  • Santander hits pause on €5bn buyback after US takeover

    April 23, 2026

    Santander has been forced to hit the pause button on its bumper buyback programme announced earlier this year to comply with US regulation. The Spanish-headquartered bank told markets on Thursday it would temporarily suspend the €5bn (£4.3bn) buyback launched in February to comply with US regulation around its takeover of Webster. The lender struck a [...]

  • Tesla leans on AI and robotics as earnings fail to woo investors

    April 23, 2026

    Tesla delivered a mixed first quarter update on Wednesday evening, beating profit expectations but missing on revenue as its core car business continued to come under pressure. The electric vehicle maker reported earnings of 41 cents per share, ahead of the 37 cents expected. Meanwhile, revenue came in at $22.39bn (£16.6bn), dipping slightly below forecasts [...]

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