Government on the hunt to tackle Britain’s unemployment gloom October 25, 2023 Prime Minister Rishi Sunak’s top business advisor is reportedly on a hunt to tackle Britain’s unemployment crisis as next year’s election looms. According to a Bloomberg report, Franck Petitgas met with recruitment and payroll business Employment Hero last week to discuss in detail how to get Britons back to work. Reforming the labour market could [...]
Bitcoin rally takes a breather October 25, 2023 Bitcoin is trading for $33,839, down in price by 0.3% in the last 24 hours, while Ethereum has also slowed and is down by two per cent.
Soon-to-sell sofa chain ScS finds little comfort in cost of living Britain October 25, 2023 Sofa chain ScS has swung to a loss according to its preliminary results, with the soon-to-be acquired sofa chain blaming a challenging economic climate for the dip.
Brits lose ‘staggering’ £580m to fraud in six months as banks urge Big Tech to do more October 25, 2023 After Fraudsters took £580m from Britons in 2023, the banking trade association UK Finance called the issue a "national security threat".
UK digital ad spend continues to see ‘extremely strong growth’, despite economic uncertainty October 25, 2023 A total of five per cent year-on-year growth was reported in the UK's digital advertising market — despite ongoing economic uncertainty.
Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers October 25, 2023 City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.
Five pledges: How is Rishi Sunak doing after one year in No10? October 25, 2023 Just 12 months ago today, Rishi Sunak made history. Entering No10, on 25 October, 2022, he became the UK’s first British Asian and Hindu Prime Minister – and took over from his record-breaking predecessor after just 49 days. Since then, he’s lost five by-elections; visited Ukraine, the US and Israel, and seen his personal poll [...]
The Notebook: Victoria Scholar on why the allure of luxury bags could bolster designer marques October 25, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar of Interactive Investor Don’t discount the allure of luxury bags – or the stocks of their makers LVMH reported rather dismal results this month. The luxury goods giant, which owns brands like Louis Vuitton and Dior, announced third [...]
Why ditching the bankers’ bonus cap was the right choice – even if it’s largely just a signal October 25, 2023 The likelihood of the banker bonus cap being removed making a tangible difference, in and of itself, to London’s competitiveness is relatively minimal. But as a signal of a willingness to back the City, it’s not bad at all. It’s worth reminding ourself of how the bonus cap came into being. A political reaction to [...]
AI summit could happen twice a year – but techies say UK won’t claim AI crown October 24, 2023 Michelle Donelan has said Britain could host its imminent Artificial Intelligence (AI) Safety Summit as often as every six months.