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      Lloyds Bank forks out compensation after tech glitch hit nearly half a million

      Lloyds Banking Group owns the UK's largest motor finance lender Black Horse.

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technology

  • Lloyds Bank and Nationwide hit by online issues as Microsoft reports outage

    September 2, 2024

    Lloyds Bank and Nationwide have apologised to customers for issues affecting their online services amid a report from Microsoft about a fresh outage that affected its public cloud computing platform.

  • Curing cancer and cleaning our oceans? Here’s why I’m betting on biotech

    September 1, 2024

    Something that can cure cancer and clean our oceans? Biotech sounds too good to be true, but some things really are just like magic, writes Andrew Craig.

  • Essensys shares shoot up as flexible workspace software provider beats estimates

    August 29, 2024

    Shares in software platform essensys climbed as much as 20 per cent on Thursday morning after it said it expected to report revenue, earnings and cash flow ahead of market expectations in its full year results. Essensys, which provides software and technology to the flexible workspace industry, has projected revenue of £24m and an adjusted [...]

  • James Reed: My advice for the next generation? Forget grades and go for skills

    August 28, 2024

    Some words of advice for today's youngsters? Don't worry about exam grades and focus on what the workforce actually needs, writes James Reed.

  • Pavel Durov: Telegram founder arrested over app’s alleged child protection failings

    August 26, 2024

    Telegram has said its chief executive has "nothing to hide" after his arrest in France over the platform's alleged failings in moderating criminal activity, including the spread of child sexual abuse material.

  • Bluesky: Social media site eyes politicians after ‘quite the influx’ of UK accounts

    August 24, 2024

    Chiefs at social media site Bluesky have suggested they are eyeing politicians for their platform after X owner Elon Musk’s commentary on UK current affairs.

  • Tech firm Pebble Beach Systems reports ‘strong sales pipeline’ despite market challenges

    August 21, 2024

    Tech firm Pebble Beach Systems expects a positive year ahead as the software group reported a “strong sales pipeline” despite challenging market conditions. The firm, which specialises in playout, content management and IP control solutions for broadcast and media tech markets, reported a 21 per cent jump in Service Level Agreement (SLA) revenue to £3.1m, [...]

  • Gattaca: Recruiter looks to future despite ‘unhelpful’ hiring market

    August 15, 2024

    Gattaca has powered through a challenging year as the specialist staffing solutions firm continued to battle a tough hiring market.

  • Government cancels £1.3bn in AI funding as spending cuts bite

    August 2, 2024

    The new Labour Government has shelved £1.3bn of “unfunded” investment for UK tech and AI projects promised by the Conservatives. The Department for Science, Innovation and Technology (DSIT) said no new funding for the programmes had been allocated in the previous Tory government’s spending plans, and therefore will not be taken forward. It included £800m [...]

  • Trustpilot expects revenue jump on ‘strong growth’ amid share price rally

    July 11, 2024

    Trustpilot has said it expects to report a jump in revenue for the first half of 2024 as the global review platform looks to keep up a rally in its share price.

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