Currys shrugs off lack of takeover offer by raising profit forecast for the year March 18, 2024 Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.
Entain mulls sale of international brands to rescue sinking share price March 14, 2024 Entain has reportedly hired advisers including Wall Street boutique advisory Moelis as it considers shredding some of its overseas brands.
EU AI Act: What does it mean for UK business post-Brexit? March 14, 2024 The EU AI Act, aimed at controlling AI systems on a risk-based approach, gained an overwhelming majority in favour, with 523 votes.
More than £80m spent on remote working kit for ‘couch potato’ HMRC staff March 14, 2024 The taxman purchased over 175,000 laptops, tablet computers, phones, and desktops at a total cost of £82,609,759 over the last three years.
Vinyl and CD sales rise as Raye and Miley Cyrus boost UK streaming March 14, 2024 Amid a digital boom, vinyl and CDs are enjoying a renaissance as youngsters embrace the nostalgia-driven trend, according to BPI.
UK government moves to block Telegraph deal and foreign takeovers March 13, 2024 The amendment may derail the proposed £600m purchase of the Telegraph by an Abu Dhabi-backed investment fund.
Legal and General hits out at Apple’s plan to keep AI use secret March 13, 2024 Legal and General Investment Management (LGIM) has announced it plans to vote against Apple's use of AI at its upcoming annual meeting.
This London AI tech firm is set to benefit from a £3.4bn NHS spending injection March 13, 2024 The increase in NHS spending could provide several opportunities for Kainos, which is involved in NHS digital transformation projects.
GB News has (mostly) confounded its critics. What now? March 13, 2024 The upstart GB News has made more of an impact than its critics expected but its finances are in shakier health. What's next?
British American confirms plan to launch buyback after Indian partner stake sale March 12, 2024 British American Tobacco (BAT) is reportedly set to begin a begin a partial sale of its stake in Indian partner ITC as early as this week.