Metro Bank faces legal battle over coin-counting software June 6, 2022 Metro Bank is reportedly facing a legal battle in the High Court, following claims by a US software company that it leaked its software to a rival firm. US software company Arkeyo, which is suing for damages, claimed that it created the software for Metro’s “magic money machines” more than a decade ago before it was given [...]
Kwarteng considers support for steelmakers as rising energy costs bite June 6, 2022 Steelmakers and other industrial manufacturers could be offered financial support from the government to ease spiralling energy costs.
Germany faces €5bn bill after Russia sanctions Gazprom division June 6, 2022 Russian sanctions against Gazprom Germania could cost Germany an extra €5bn a year to pay for replacement gas supplies.
Lakestar: Pension funds are key to plugging UK’s £1.5 trillion funding gap June 6, 2022 New research has revealed that the UK needs to invest £1.5 trillion into high growth companies in the next twenty years to plug the financing gap and triple the UK’s GDP.
Our auto industry must let go of nostalgia even as it revives DeLorean June 6, 2022 Last week, we were bombarded with fond memories and childhood nostalgia as the famed DeLorean car make was revived. A new model, trading on those most powerful of marketing tools, will be released. Former Tesla executive Joost de Vries has bought the rights to the famous name and set up the gullwing-doored Alpha5 as a [...]
If time is money, volunteering should form a central part of our economy and careers June 6, 2022 IT IS sobering to imagine what would become of the UK if, one morning, all its 16.3 million volunteers woke up and decided to no longer offer their support. Businesses, charities, community services, healthcare – every part of our economy would grind to a halt with the realisation of how much we take these dedicated [...]
Exclusive: ‘Significant barriers’ for female progression in fintech, report warns June 6, 2022 A top fintech body has warned today that “significant barriers still exist” to female progression in the sector despite an improvement in gender representation in recent years.
Letters: Wising up to our energy usage June 6, 2022 [Re: Price cap will rise to £2,800 per year warns Ofgem, May 24] Smart meters are attracting huge amounts of criticism, with the rollout currently in a state of purgatory. With yet another price cap being announced for October, it is still only being seen as an overhyped, increasingly obsolete piece of tech. However, with [...]
Businesses warn inflation and supply chain crisis could be worse than impact of Covid-19 June 5, 2022 THE BUSINESSES at the backbone of the UK economy are increasingly worried inflation and supply chain issues will be more damaging to their prospects than the Covid-19 pandemic was, according to a closely watched sentiment tracker. Accountants BDO’s survey of medium-sized businesses suggests economic headwinds are squeezing both margins and wages – with tax hikes [...]
Goals Soccer Centres set to be sold to management by Inflexion Private Equity June 5, 2022 Football leisure giant Goals Soccer Centres is set to be sold to its management team by the private equity investor, Inflexion Private Equity.
