HP pursues Lynch estate for £1.35bn as tech giant forks out £150m in legal bills November 18, 2025 The High Court heard that the estate of British technology tycoon Mike Lynch should be liable to pay more than £1.35bn to Hewlett-Packard (HP) over fraud linked to the sale of Autonomy. Lynch, who founded software firm Autonomy in 1996, sold it to HP in 2012 for $11.1bn, but after a bust-up over allegations of [...]
Cadillac add off-track hires ahead of Formula 1 debut November 18, 2025 Formula 1’s freshest team Cadillac have strengthened ahead of their first season on the grid, making two senior hires. Lauren Teixeira will join the US team as chief commercial officer while Willem Dinger will become chief partnerships officer. Teixeira joins having previously worked for the Formula 1 development Academy series, while she had had stints [...]
How the Bayes Executive MBA Helped an Associate Director reinvent his career November 18, 2025 How the Bayes Executive MBA Helped an Associate Director reinvent his career After nearly a decade in global banking, Isaac Phang reached a crucial moment in his career. Although firmly established at HSBC, he felt uncertain about his long-term direction and was questioning whether to remain in the sector. His decision to pursue the Executive [...]
Why brands can learn from sports teams about earning fandom November 18, 2025 Brands shouldn’t start imitating sports teams but they do need to understand how fandom makes them so powerful, writes Sarah Hackett. Inflation, tough market conditions and uncertainty around the upcoming Budget are forcing us to make challenging financial choices. Two-thirds of consumers now say that price matters far more than it did before. Our loyalty [...]
Company directors now required to verify identity under new rules November 18, 2025 In one of the biggest changes at Companies House for years, its new ID powers kicked in today – forcing company directors to verify their identity or risk facing new enforcement powers. Starting from 18 November, anyone who becomes a company director or person with significant control will need to verify their identity via GOV.UK [...]
Recession fears as insolvencies creep up amid construction woes November 18, 2025 The number of insolvencies crept up in October, official data has shown, amid further pressures on the construction industry and worries that Budget measures may sound the death knell for struggling companies. Data released by the Insolvency Service showed a 1.7 per cent month-on-month rise in insolvencies. On a year-on-year basis, official numbers show insolvencies [...]
Yoti revenue surges amid boost from Online Safety Act rules November 18, 2025 Yoti has seen a surge in revenue as the identity verification business was boosted by fresh rules introduced under the Online Safety Act. The London-based business posted a 55 per cent rise in turnover to £20.3m for the year to end March, according to accounts filed with Companies House. “Regulatory issues are central to the [...]
Klarna shares fall as banking transformation triggers wider losses November 18, 2025 Swedish fintech unicorn Klarna recorded steeper losses in the third-quarter as costs related to the firm’s transition to becoming a fully-fledged bank offset record revenue. The buy now, pay later firm – which has set its sights on becoming a digital bank – recorded a loss of $95m (£72m) for the three months ending 30 [...]
MI5 warned Whitehall China uses LinkedIn to spy on MPs November 18, 2025 MPs have been warned that China-linked agents are using LinkedIn and professional headhunters to target people working in parliament, triggering the most serious espionage alert issued to Westminster this year. Commons speaker Sir Lindsay Hoyle and Lords speaker Lord McFall circulated an MI5 warning on Tuesday, informing parliamentarians that Chinese state operatives were “relentless” in [...]
Cloudflare outage takes X, ChatGPT and other major sites offline November 18, 2025 A major Cloudflare outage has triggered a global internet disruption, knocking offline some of the world’s most heavily used websites. The likes of X, ChatGPT, Canva and major online services have gone dark, in what has quickly become one of the largest internet failures of the year. The issue began on Tuesday morning and escalated [...]