Saudi-owned Champions League, obesity crisis and EU wealth tax: Danish bank’s ‘outrageous’ 2024 predictions December 5, 2023 Saxo Bank has published the latest in an annual series of "outrageous predictions" for next year, including a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two per cent EU wealth tax.
One of the UK’s fastest growing fintechs says it will outpace Starling soon December 4, 2023 Some 10 months into the launch of digital bank Kroo, the founder reckons it will achieve profitability twice the speed of Starling Bank.
One third of tech giants under digital services tax faced investigations by HMRC December 4, 2023 One third of tech giants that pay the UK’s new digital services tax have already been subjected to checks by HMRC, says national law firm Pinsent Masons. The digital services tax was introduced at the 2020 Budget in a move to ensure tech giants pay their fair share of tax, as they would be charged [...]
William Hill owner rejected £700m takeover bid from Playtech December 3, 2023 The owner of betting giant William Hill reportedly rejected a £700m takeover offer from sports-betting software firm Playtech this summer.
These tech companies have breached the most data rules this year December 3, 2023 Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.
Tech entrepreneur jailed for 15 years after rape and sexual assault guilty verdict December 2, 2023 A multi-millionaire tech entrepreneur has been jailed for 15 years for committing two rapes and a sexual assault. Lawrence Jones, 55, was convicted in January of sexually assaulting a female employee on a business trip in 2013. Jurors in a second trial found him guilty last month of drugging and raping two women decades earlier [...]
Microsoft’s £2.5bn investment in UK data centres is a ‘turning point’, says Sunak November 30, 2023 Prime Minister Rishi Suank has described a major investment by Microsoft into UK data centres as a "turning point" for the nation.
CMA successful in appealing its right to probe Apple November 30, 2023 The Competition and Markets Authority (CMA) was successful in an appeal against a decision it did not have power market investigate tech giant Apple.
BBC News launches digital revamp in bid to save licence fee-payer £500m November 29, 2023 BBC News has announced sweeping measures in the hopes of kick-starting its digital journalism amid a decline in traditional television.
The City set to be hit hardest by AI, finds department of education November 29, 2023 The City of London is the most likely place to be hit by AI disruption, a new government report has revealed.