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      ‘Extremely dangerous’: AI warfare much bigger threat than LLM model advances, experts warn

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Retail

  • Gail’s owners plot to put posh coffee shop on the market

    March 24, 2024

    Owners of posh coffee shop Gail’s are preparing to hire advisers for a sale which would value the business well over the £200m price tag it sold for three years ago. 

  • Tory MP Nadhim Zahawi in the running to become Very Group chair

    March 24, 2024

    Conservative MP Nadhim Zahawi is reportedly in talks to become the next chair of online retailer Very Group, potentially joining the swathe of Tory politicians that will not stand in the next election.

  • Whitbread plots sale of underperforming restaurant and pub sites

    March 24, 2024

    Whitbread, the owner of Premier Inn Hotels, has drafted in advisers to sell around a third of its worst performing Beefeater and Brewers Fayre pubs, The Times has reported.

  • Asda IT glitch leaves some employees missing two weeks of pay

    March 24, 2024

    Close to 10,000 Asda employees have received incorrect payslips following an IT glitch. 

  • Private equity firms make multimillion-pound swoop for pet food business

    March 24, 2024

    Private equity firms Advent International and CVC Capital have reportedly joined forces to make a bid for Partner in Pet Food, an animal food brand owned by Cinven. 

  • JD Sports set to report sales growth amid investor concerns over outlook

    March 24, 2024

    JD Sports is expected to reveal sales growth as investors will be keeping an eye out for an improved outlook after signs of cooler demand from shoppers.

  • Retail sales flat as rainy February puts shoppers off the high street

    March 22, 2024

    The figures were actually slightly stronger than expected by analysts, who predicted a 0.4 per cent fall.

  • UK consumer confidence stalls in March but attitudes towards personal finance on the up

    March 22, 2024

    UK consumer confidence stalled in March, but people's attitudes towards their own personal finances improved. 

  • Next gains on soaring FTSE as Lord Wolfson says it’s been a ‘long time’ since such a positive outlook

    March 21, 2024

    Next topped the FTSE 100 on Thursday, as it once again beat market expectations and trumped rivals amid a challenging period for UK retailers. 

  • Nespresso challenges Pret and Starbucks opening cafe near Liverpool Street station

    March 21, 2024

    Nespresso will open its first ever cafe near Liverpool Street station, joining the likes of Pret A Manger, Starbucks and Costa to help caffeinate customers on the go. 

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