How ‘tourist’ venture capital investors scarpered and popped the valuation bubble August 15, 2023 A flood of so-called ‘tourist’ cash flowing into the venture capital industry has dried up over the past 12 months and helped trigger a plunge in the valuation of UK and European startups, new research has shown.
How bots came to rule the world, from Ticketmaster to global elections August 15, 2023 Bots are not only a problem on social media: they shape retailers like Ticketmaster and can influence politics, including global elections. Yet the danger they pose is underestimated, writes Elena Siniscalco
Maybe Sunak was right – we should change how we invest in poor rural areas August 15, 2023 The government's approach to investment focuses too much on poverty and not enough on opportunities. Rishi Sunak must find a way of making social mobility accessible, writes Adam Hawksbee
We were never going to have a great British bonfire of the tax system after Brexit August 15, 2023 We have neglected to reintroduce VAT-free shopping for foreign tourists, doubtless to squeals of delight from shopkeepers in Milan or Paris.
Vetting fail allows $1bn OpenAI hoax onto regulated news service August 15, 2023 The London Stock Exchange was left red faced yesterday after a fake announcement popped up on its official channel purporting to reveal a $1bn investment into ChatGPT owner OpenAI. The fictitious press release appeared on the exchange’s news platform, where listed firms post regulated updates, falsely claiming that US private equity firm Ripplewood had made [...]
Solar body urges government to expand boiler scheme and mandate new panels after record installations August 14, 2023 The government should expand the upgrade scheme for boilers with higher grants and mandate solar panels in new homes, says industry body MCS.
Commuters face significant rail fare hikes despite ongoing strike disruption August 14, 2023 Commuters are facing a significant rail fare hike, which could add hundreds to the price of their season tickets despite ongoing strike disruption and faltering performance. On Wednesday, the Retail Price Index (RPI) figures used to set next year’s rail fare increase will be announced. Rises in the cost of tickets are typically linked to [...]
Fancy a pay rise? Get a job offer from somewhere else… August 14, 2023 More than half of London employers have made use of counteroffers in the past 12 months to try and keep staff as skills shortages persist, according to a new report.
Hapag-Lloyd warns Panama Canal drought restrictions could hurt shipping giant August 14, 2023 Shipping group Hapag-Lloyd has warned that using smaller ships on the Panama Canal could make the group “no longer competitive,” as severe droughts continue to disrupt the world’s largest trading route. One of the driest years ever recorded has led the government to impose extended restrictions on shipping groups using the route, with water levels [...]
Alfa Romeo Stelvio review: A heart-over-head family SUV August 14, 2023 The Alfa Romeo Stelvio – driven here in 280hp petrol Veloce guise – is a stylish and dynamic family SUV. But it has some downsides, too.
