Lendinvest inches closer to profit as fintech eyes housebuilding boost December 9, 2024 Lendinvest is nearing a return to profitability as the property fintech eyes a boost from the new government’s housebuilding plans. The London-listed firm reported a pre-tax loss of £1.7m for the six months to 30 September, 2024, compared to a £15.7m loss during the same period last year. Lendinvest’s bottom line was helped by a [...]
The future of the high street lies within collaboration, not competition December 6, 2024 What was once a shopping experience to look forward to has become a memory for many: will the high street ever feel the same? For quite some time, the online and in-store worlds have been competing over the same simple access to products, for better or for worse. Since the pandemic, consumers have gravitated towards [...]
Microsoft facing £1bn overcharging claim from UK firms December 3, 2024 Microsoft is facing a £1bn legal action over claims the US giant overcharged firms for access to products. Filed to the Competition Appeal Tribunal, the claim alleges customers using rival cloud computing platforms to Microsoft’s own Azure were charged higher licensing fees to access its Windows Server. It also alleges that UK companies and organisations [...]
London maintains tech capital crown but New York threatens November 26, 2024 London has kept its title as the tech capital of the world in a closely-watched league table, while New York edged closer to reclaiming the crown.
Plans worth £200m revealed by Imperial College London and Bruntwood SciTech November 20, 2024 Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]
Monzo warns customers their accounts may not be as secure as possible November 13, 2024 Online challenger bank Monzo has issued a warning to customers that their accounts may not be as secure as possible. The bank has urged customers to upgrade their phone’s operating system by 31 October, 2025, when it will stop sending updates to its app on systems older than iOS 16 and Android 9. Monzo added [...]
New £500m university science grant can ‘commercialise discoveries’ November 13, 2024 The government has announced it will stump up £500m for 4,700 post-graduate engineering and science university places in a bid to drive long-term economic growth. Science and technology secretary Peter Kyle made the announcement today, with universities and industry set to reap the benefits. The scheme will fund 4,700 new places, equating to around £106,000 [...]
Profit at FTSE 100 supplier Workday almost doubles November 11, 2024 Profit at the UK arm of software giant Workday almost doubled during its latest financial year, it has been revealed. The US group’s division has reported a pre-tax profit of $39.5m (£30.6m) for the 12 months to 31 January, 2024, according to newly-filed accounts with Companies House. The new figure comes after the firm posted [...]
Why the new Fujifilm camera is a five-star must-have November 7, 2024 Reviewing the new Fujifilm camera: the best of both worlds As I traipse across London Bridge, burdened like a packhorse, I recall a time before digital equipment weighed me down. And once again I find myself wishing: if only digital cameras could be more like their film forefathers. But the new Fujifilm camera, the X100VI, [...]
Salesforce cuts over 450 UK jobs as profit spikes November 7, 2024 The UK arm of cloud-based software giant Salesforce cut more than 450 jobs in the year its profit jumped by over 70 per cent. The London-headquartered division of the US group decreased its headcount from 3,427 to 2,964 in the 12 months to 31 January, 2024, newly-filed accounts with Companies House have revealed. The new [...]