Gimme! Gimme! Gimme! AI after midnight: Firm behind London ABBA Voyage in £8.1m tech swoop November 1, 2023 Oxford Metrics, the firm and technology used for ABBA Voyage, has today announced it has entered into a £8.1m acquisition agreement for AI software company Industrial Vision Systems (IVS). IVS is known for its automated quality control systems used across various industries and will be a “good strategic fit,” Oxford Metrics said. The group, whose [...]
Why are some of London’s wealthiest business owners protesting? November 1, 2023 Some of London’s most high profile retailers and business owners took to the streets of luxury shopping district Savile Row this morning.
Airline shares have started to slide – is this the end of the great rebound? November 1, 2023 Airline shares have flown high this year after record demand for travel swept across the sector over summer. But cracks are starting to show.
Who are the billionaires battling for the Telegraph and Spectator? November 1, 2023 The auction for both the Telegraph Media Group (TMG) and Spectator is underway, drawing the attention of a host of eager bidders. But regulatory hurdles could thwart some potential suiters.
Toyota share price jumps as profits rise 155 per cent on record car sales November 1, 2023 Toyota’s shares rose over five per cent on the Tokyo stock exchange this morning after profits at the world’s biggest carmaker more than doubled. Quarterly operating profits came in at ¥1.4trn (£7.61bn), rising over 155 per cent on the prior year on improved global supply chains. The Japanese automaker lifted its annual profit forecast to [...]
Asos chief: We’ll ‘reignite our brand heat’ to turn firm around November 1, 2023 Despite a fall in earnings, Asos said it is on track to deliver revenue growth of pre-COVID levels by the 2025 financial year.
Rinse, repeat: Next upgrades profit guidance yet again November 1, 2023 High street bellwether Next continues to defy headwinds in the UK economy
Earls Court regeneration scheme gets £6bn climate tech boost November 1, 2023 The former Earls Court exhibition site is set to receive a whopping £6bn investment to build a host of new offices and development space centred around the climate tech sector. Some 2.5 million square feet of workspace and lab-enabled offices are set to be built on the derelict exhibition centre, with the first slew of [...]
Cummings’ insults are petty distraction from grim lockdown lessons November 1, 2023 The originator of the phrase is lost to the vagaries of time, but talk to enough people in the pubs of Westminster about the inner workings of British politics and sooner or later someone will offer it up.“The only difference between Westminster and The Thick of It,” they’ll say, referring to the foul-mouthed BBC comedy, [...]
West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period October 31, 2023 New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.