Capita: Local authority contractor says ‘limited’ data accessed by hackers in recent cyber attack April 20, 2023 Outsourcing firm and government contractor Capita said customer, supplier or colleague data may have been accessed by hackers in a recent cyber attack on the firm. The group – a major contractor for local authorities – said investigations since the hack was discovered on March 31 have shown evidence of a “limited” data breach. It [...]
CBI passes new information to police after report of ‘serious criminal offence’ April 20, 2023 The scandal-hit Confederation of British Industry (CBI) group has passed fresh information to the police regarding a report of a criminal offence. A CBI spokesperson said: “Late yesterday afternoon, the CBI was made aware of additional information relating to a report of a serious criminal offence. “We have passed that information immediately to the police, with whom we are [...]
Mark Kleinman: The CBI’s arrogance has been breathtaking April 20, 2023 The CBI has failed to manage a crisis of its own making, says Sky News' Mark Kleinman in his fortnightly column
Klarna’s UK chief on looming regulation – and why it might not settle the buy-now pay-later debate April 20, 2023 Klarna's UK chief talks a regulatory crackdown - and why the debate around buy-now pay-later products may continue
Link set to pay out £235m to investors burnt by Woodford fund collapse April 20, 2023 The manager of Neil Woodford’s collapsed investment fund is set to pay £235m to burnt investors after striking an agreement with the Financial Conduct Authority.
WH Smith: Resurgent global travel boosts airport giant’s profits – and it’s committed to the high street too April 20, 2023 WH Smith has benefited significantly from the return of global air travel with a big boost in profit on last year. The popular high street newsagent reported £45m in pre-tax profits, up from £18m last year, as millions came through airports where Smiths has many outlets. In the six months to February 2023, it announced [...]
Jet2 having a ‘Goldilocks’ moment as travel group hikes its profit expectations April 20, 2023 Leisure travel company Jet2 has raised its profit expectations to between £387m and £392m this morning, for the year ending 31 March 2023. The company has reported sale seat capacity for Summer 2023 as 7.2 per cent higher than the previous year, at 15.26 million. Forward bookings remain encouraging, with package holiday customers representing just [...]
Dunelm: Savvy shoppers cash in on later winter sales as online purchasing booms April 20, 2023 Dunelm shoppers looking to bag a bargain were boosted by a delayed winter sale, with online purchases seeing another post-pandemic bump. The London-listed retailer reported sales of £432m up from £399m in the same period compared to last year. Dunelm attributed the moving of its Winter sale into the third quarter – compared to the [...]
Mark this Earth Day by investing in green finance skills April 20, 2023 This year’s Earth Day on Saturday should serve as an urgent call to action for businesses. As a community, we must rapidly reduce our greenhouse gas emissions and help our society adapt to human-caused climate change. If businesses are to deliver on their sustainability strategies and fund essential innovation, they also need access to well-priced [...]
After AI update, Bloomberg looks to boost terminals with more alternative data April 20, 2023 Bloomberg will expand its alternative data offering on its terminals this summer, the company’s chief technology officer told City A.M., after the firm announced that it plans to integrate an ChatGPT-like AI model into its software. Shawn Edwards said the financial data vendor aims to bring new sets of data to its terminals alongside the [...]