Women lag in GenAI courses despite soaring demand March 7, 2025 Women make up just 31 per cent of generative AI (GenAI) course enrolments in the UK, highlighting a persistent gender divide in one of tech’s fastest-growing fields. According to a new report from Coursera, UK enrolments in GenAI courses surged by 227 per cent over the past year. Yet, female participation remains well below parity, [...]
Rate-setter calls on Bank of England to adopt ‘activist’ approach to rates March 6, 2025 The Bank of England should adopt a more activist approach to setting interest rates in order to deal with the “substantial volatility” affecting geopolitics and financial markets, a rate-setter has said. Catherine Mann, an external member of the Bank’s Monetary Policy Committee (MPC), argued that rate-setters should be more willing to vote for more radical [...]
Investors pulled £3bn from funds in January amidst economic uncertainty March 6, 2025 Investors pulled £3bn out of funds amidst geopolitical and economic instability in January. This marked a sharp reverse from December, when £2.3bn had flowed into funds, according to data published by the Investment Association (IA). The research said macroeconomic conditions on the home front, namely the reacceleration of inflation, had played a part in the investment [...]
Saudi Arabia SURJ mulls investment in World Athletics March 6, 2025 Saudi Arabia’s SURJ Sports Investment could invest in a new company dealing with the commercial arm of track and field body World Athletics. It would give the Public Investment Fund subsidiary access to a portion of the profits made by the organisation that runs the World Championships and Diamond League in a deal that could [...]
Natwest shares downgraded by analysts after recent run March 6, 2025 Peel Hunt analysts have downgraded their rating on Natwest stock to ‘Add’ after previously telling investors to ‘Buy’. An ‘Add’ rating serves as a diluted version of the ‘Buy’ recommendation, which strongly recommends investors to purchase the stock. The analysts raised the Natwest’s target price to 510p, up from 470p, but said due to the [...]
Week in Business: Who will Rachel Reeves blame for higher taxes in Spring Statement? March 6, 2025 City AM Editor Christian May looks at the biggest business stories in his weekly video, today focusing on the UK economy and upcoming Spring Statement.
Chancellor facing £10bn headache in Spring Statement March 6, 2025 Rachel Reeves faces a tax and spend nightmare at the Spring Statement, according to the Institute for Fiscal Studies (IFS) think tank. In a lengthy report, the IFS says Reeves is snookered between the realities of a bleak economic environment and her own self-imposed fiscal rules, resulting in what could amount to a £10bn tax [...]
Klarna set for US IPO in snub to London markets March 6, 2025 Swedish fintech Klarna is looking to raise a minimum of $1bn (£777m) in a US initial public offering (IPO), sources told Bloomberg. Klarna’s US filing, which could come as soon as next week, will see the firm target a valuation of more than $15bn in the New York Stock Exchange, according to people familiar with [...]
Just Eat takes off with new drone delivery partnership March 6, 2025 Just Eat Takeaway has launched its first drone-operated food deliveries, marking the start of a major rollout in partnership with Manna Drone Delivery. The first location of the rollout will be in Dublin. Customers ordering from participating restaurants will now be able to opt for drone delivery and receive their meals in as little as [...]
Union boss who ‘supported pro-Putin separatist’ replaces Mick Lynch as RMT general secretary March 6, 2025 The Rail, Maritime and Transport union (RMT) has announced a replacement for its infamous former general secretary Mick Lynch. Eddie Dempsey, who served as the RMT’s senior assistant general secretary, will take the top job on Friday after being elected unopposed. Dempsey, a veteran of the railway industry and former train driver, played a key [...]