London named entrepreneurship capital with half of power list based in the big smoke February 6, 2024 London has been named home to over half of the UK’s newly-revealed leading young entrepreneurs to watch out for. Of the 188 young business founders making up entrepreneurial research platform Hurun UK’s Under30s and Under35s lists, 116 have their ventures based in the capital. Rupert Hoogewerf, Hurun Report chairman and chief researcher, said the research [...]
New study: What’s holding back sustainable funds? Greenwashing. February 6, 2024 Investments into sustainable funds are reducing due to an increase in greenwashing and scepticism towards environment, social and governance focused investing, a new study has found.
Financial services should get out of London to find new talent, education secretary says February 6, 2024 Financial services firms should “get out more” to attract talent, Gillian Keegan has said.
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.
King Charles has cancer, Buckingham Palace confirms this evening February 5, 2024 King Charles has cancer, the Royal Household has confirmed, but remains "wholly positive" about treatment
Around 400 jobs at risk as British electric van maker Arrival falls into administration February 5, 2024 A British-based electric van maker which aimed to become a leader in EV manufacturing has filed for administration, placing around 400 jobs at risk.
AI code of conduct ‘always doomed to fail’ say UK lawyers as guidance shelved February 5, 2024 City lawyers have said a voluntary code of conduct for artificial intelligence (AI) was "always doomed to fail".
Reneuron issues administration warning as biotech firm puts jobs at risk February 5, 2024 Biotech business ReNeuron Group has warned it could enter administration and is preparing to make redundancies as its shares were suspended from trading.
Bitcoin trial: Self-proclaimed Bitcoin inventor claim is a “brazen lie” says lawyer February 5, 2024 The claims of a man who purports to be the creator of the first ever cryptocurrency are based on “a brazen lie”, a senior lawyer told the High Court today. Australian computer scientist Dr Craig Wright has long claimed to be behind the pseudonym Satoshi Nakamoto, the name used by the person authored the Bitcoin [...]
McDonald’s trades below expectations as Israel-Gaza war protests hurt sales February 5, 2024 McDonald’s traded below investor expectations and sales slowed in many markets in part due to protests over the ongoing conflict in Gaza. Global sales across its stores grew 3.4 per cent in the fourth quarter below analyst expectations of 4.7 per cent. While revenue reached $6.41bn (£5.11bn) down 0.7 per cent from estimates of $6.45bn [...]