Wrightbus secures £50m government-backed loan to boost hydrogen bus exports June 9, 2023 Sustainable bus maker Wrightbus has today secured a £50m government-backed loan to turbocharge exports of electric and hydrogen-powered buses. The agreement will see the UK’s Export Finance (UKEF) agency guarantee 80 per cent of the loan, from Barclays bank. The firm said the backing will allow it to deliver orders to new markets including Germany [...]
Artificial intelligence is bringing about a revolution that the UK shouldn’t try to resist June 9, 2023 Artificial intelligence is creating a divide between life as it was and life as it will be. UK businesses and leaders shouldn't make the common mistake of refraining from it; they should embrace it, writes Chris Hirst
Apple’s virtual reality headset won’t make it to the UK without the right infrastructure June 9, 2023 The virtual reality headset launched by Apple is already making waves. But aside from its price, many in the UK won't be able to access it without a total rollout of full fibre broadband, writes Dan Ramsay
Our digital economy won’t pay off unless everyone in the UK can benefit from it June 9, 2023 The UK Tech Plan is very welcome, but we won't be able to fully benefit from the digital economy and tech innovation until we plug the digital skills gap, writes David Meads
UK economy will ‘flatline’ as stubborn inflation and a tight jobs market drag on growth June 8, 2023 Britain remains on course to dodge a recession this year but growth will "flatline" as stubborn inflation and a tight jobs market continue to drag on the economy, according to the latest forecast from the British Chambers of Commerce.
Why I believe the Bank of England’s CBDC consultation amounts to a national scandal June 8, 2023 With some simple research, Susie Violet Ward lays bare the shocking inaccessibility of the Bank of England's CBDC consultation.
JP Morgan and Morgan Stanley review prime broking ties with Odey Asset Management June 8, 2023 JPMorgan and Morgan Stanley are reviewing their prime broking relationships with Odey Asset Management after allegations of sexual misconduct and bullying by Crispin Odey reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said.
Blacks eyeing up expansion with club opening in Dubai June 8, 2023 Soho's historic Blacks club - currently owned by Crypto Club Global - is set to open its doors in Dubai later this year.
Explainer: The Woking case, and what happens when councils go bust June 8, 2023 This week, Woking Council declared effective bankruptcy with a deficit of £1.2bn. It is only the latest in a string of councils going bust, a result of the chronic local government underfunding that took place over the past decade. The Woking case is one of misguided investments. The council, which was controlled by the Conservatives [...]
SMEs are ready to ramp up investment despite concern over wider economy, new research finds June 8, 2023 Small and medium-sized enterprises (SMEs) are increasingly optimistic about their own future, despite concerns around the wider economy. According to Opinium data collected for Paragon Bank, 45 per cent of SMEs expect cashflow to improve over the next three months. Over the course of a year this figure jumps to 55 per cent. Over a [...]
