LIV Golf and PGA tie-up is proof that competition still works June 7, 2023 To the fairway, then, for the latest example of markets working effectively. The merger of the three biggest tours in the game shows what can be achieved when new entrants disrupt a market – forcing the established players to (excuse the pun) up their game. When LIV Golf – the Saudi-backed, all-singing, all-dancing new form [...]
Cyber hack: BBC, BA and Boots given dark web ultimatum by Russian crime gang June 7, 2023 A cybercrime gang, thought to be Russian, has threatened some of Britain's employers with the release of employees' personal data
The Notebook: Gavin Poole on AI, London’s esports crown and virtual reality skills June 7, 2023 The Notebook is where interesting people say interesting things. Today, it’s Gavin Poole, chief executive of Stratford tech hub Here East. Friend or foe? Why we should avoid snap calls on the future of artificial intelligence Last week, almost every front page of our national newspapers quoted the ‘AI pioneers’ warning us that AI advancements [...]
Interview: Why Octopus Energy boss Greg Jackson is still powered up June 7, 2023 “I don’t have any amazing news to break,” admits Greg Jackson, the boss of one of the UK’s leading energy companies as he sits down for our interview – which is a surprise as Octopus Energy has been driving a raft of industry headlines in recent weeks. In the past month alone, it has wrapped [...]
The Notebook: Here East’s Gavin Poole on AI, esports and Tech Week June 7, 2023 The notebook is a place for interesting people to say interesting things. Today, it's Gavin Poole, CEO of Stratford tech hub Here East
CBI: Rishi Sunak refuses to say business body will be back in the room June 7, 2023 The Confederation of British Industry survived a confidence vote on its future yesterday, after members voted in favour of the scandal-hit lobbying organisation’s transformation plan. However, overnight the Prime Minister Rishi Sunak suggested that may not be enough for the body to be invited back into key meetings on business policy with the government. Matters [...]
Shell hits backs at advertising watchdog after it labels green campaign ‘misleading’ June 7, 2023 Shell has hit back at the UK's advertising watchdog after it upheld a complaint against its green energy campaign.
Pound on course for highest level against US dollar in over a year, City analysts bet June 7, 2023 Pound sterling could end 2023 at its highest level in more than a year, strengthened by the Bank of England continuing to hike interest rates and the Federal Reserve taking its foot off the brake, analysts have told City A.M. The UK’s currency may strengthen to $1.30 toward the end of this year, driven by [...]
House building tumbles to lowest level in three years in blow to homeownership dreams June 7, 2023 House building has tumbled to its lowest level in three years in another blow to the homeownership dreams of millions of Brits, a closely watched survey out yesterday revealed. According to S&P Global and the Chartered Institute of Procurement and Supply’s (CIPS) latest construction purchasing managers’ index (PMI), the rate of new houses being rolled [...]
EV transition could be fast-tracked by more than a decade if people buy second hand, says report June 7, 2023 The UK’s EV transition could be fast-tracked by over a decade if the country makes more use of the second-hand electric vehicle (EV) market, a new report shows. Research from the Green Finance Institute found that accessing the used EV market could boost uptake in the UK by as much as 17m, should barriers including [...]
