Drones, AI, space: where to invest amid defence tech boom April 1, 2025 The world is rearming at a dizzying pace. Global defence spending has surged at an annual rate of 4.2 per cent since 2020 – that’s four times faster than pre-pandemic levels, according to the Stockholm International Peace Research Institute. By 2030, that figure is expected to hit $3.4tr, reflecting rising geopolitical tensions and the race [...]
UK has become the epicentre of WhatsApp scams in Europe April 1, 2025 The UK has become the epicentre of WhatsApp scams in Europe, with British consumers losing more money on the platform than in any other country. Analysis compiled by Revolut revealed that in 2024, WhatsApp fraud accounted for 21 per cent of all reported scams in the UK, with victims losing an average of £2,437 per [...]
WPP wins Heineken marketing deal amid AI push March 31, 2025 Beer giant Heineken has selected WPP as its global marketing and commerce partner, as it looks to leverage AI to enhance its retail and customer experiences. Under the new agreement, the ad giant will use its AI-powered operating system, WPP Open. Together, both companies will collaborate to optimise in-store activations, retail strategies and various e-commerce [...]
England captain Harry Kane backs premium ticketing firm March 31, 2025 England captain Harry Kane has become a shareholder in Seat Unique, a UK-based premium ticketing platform that sells premium access to sports, music and entertainment events. The Bayer Munich striker has joined a growing list of high-profile athletes backing the firm, including Ben Stokes, Sir Clive Woodward, and John Terry. Seat Unique, founded in 2019, [...]
The ‘innovation economy’ and why AI won’t steal your job March 30, 2025 Historically, economic progress has been driven by seismic shifts in how we value things. From the agrarian economies that once sustained early civilisations, to the industrial revolutions that mechanised production – each era reshaped society’s priorities. In the late twentieth century, the rise of the ‘knowledge economy’, placed information and cognitive thinking at the heart [...]
UK to land Europe’s first rover on Mars March 29, 2025 Airbus UK has secured a £150m contract to engineer the landing platform for Europe’s first Mars rover. The Rosalind Franklin rover, which was built entirely in Stevenage, is scheduled to launch in 2028 and touch down on the red planet in 2030, marking a major milestone in European space exploration. The mission, led by European [...]
New tax rules set to hit crypto in 2025 March 28, 2025 As the UK tightens the screws on cryptocurrency taxation, investors and policymakers find themselves at odds over the future of digital finance. From April, around 12 per cent of UK crypto holders could face a hefty 24 per cent capital gains tax (CGT) rate – part of a broader tax squeeze that some argue is [...]
British investor eyes 23andMe rescue as it files for bankrupcy March 28, 2025 A major British investor is exploring a potential rescue plan for 23andMe, after the consumer genetics company filed for bankruptcy protection in the US. Richard Magides, director of Singapore-based Zentree Investments, and one of the firm’s largest shareholders, had been reportedly increasing his take in the firm in the lead up to its Chapter 11 [...]
UK’s tech crown is slipping away March 27, 2025 The UK has slipped behind in the tech arms race, falling behind emerging tech heavyweights. A new global ranking has placed Britain as 13th overall for tech competitiveness, behind nations like Ireland, Singapore and Australia. Meanwhile, perhaps more alarmingly, no G7 nation – the group of the world’s most industrialised nations including the UK – [...]
City of London and EY call for national digital ID March 27, 2025 The UK risks losing its position as a global financial hub unless it rapidly upgrades its digital verification infrastructure. A new study from EY and the City of London Corporation warned that delays in establishing a government-backed, scalable digital verification system (DVS) could cost the UK billions in economic benefits. Meanwhile, it is increasing businesses [...]
