Firms eye $450bn agentic AI prize, but trust is tanking July 16, 2025 Companies are eyeing a projected $450bn (£336bn) economic windfall from agentic AI by 2028, but few are adequately equipped to get there. New research from Capgemini found that the overwhelming majority of business leaders – 93 per cent – believe that scaling AI agents in the next 12 months will deliver a competitive ege. Yet [...]
FTSE100 giant Diageo to replace CEO Debra Crew as sales slide July 16, 2025 Diageo will replace Debra Crew just over a year into her tenure as the drinks giant struggles to regain investor confidence following a turbulent period marked by falling sales and a sharp decline in its share price. The FTSE 100 giant has confirmed that Crew has quit with immediate effect and will be replaced on [...]
WeTransfer forced to clarify AI data policy after user backlash July 16, 2025 Dutch file-sharing platform WeTransfer has walked back controversial language in its terms of service after online backlash over its potential use of artificial intelligence on user files. The company confirmed it does not use customer-uploaded content to train AI models, nor does it sell or share user data with third parties. The clarification came after [...]
Co-op boss confirms data of all 6.5m members stolen July 16, 2025 The chief executive of Co-op has confirmed that the personal data of all its 6.5m members was stolen during a major cyber attack in April, marking one of the most widespread data breaches in UK retail history. Speaking publicly for the first time since the attack, Shirine Khoury-Haq said the breach had a “devastating” impact [...]
Electric vehicle grants return, but most buyers will miss out July 16, 2025 The UK government has reintroduced grants for electric vehicles (EVs) in a bid to boost lagging consumer demand, but industry insiders warn that most buyers may be left behind. Unveiled late last week, the new electric car grant will offer up to £3,750 off the price of a new EV, targeting models priced under £37,000 [...]
Peter Kyle says UK could overtake US in tech amid record startup growth July 15, 2025 Technology secretary Peter Kyle has said the UK is positioned to “overtake America” in key areas of tech, as a new wave of regulatory reforms aims to fast-track innovation and attract investment across AI, fintech and biotech. In an interview on the UKTN Podcast, Kyle argued that the UK is now creating “the best regulatory [...]
Scammers target struggling grads and school leavers amid jobs slump July 15, 2025 Young people applying for their first jobs are being confronted a double threat: a shrinking pool of entry level roles, as well as a surge in sophisticated job scams on social media. With graduate job postings down by a third year on year, fraudsters are exploiting the desperation of university graduates and school leavers by [...]
Trustpilot: Review site hikes profit outlook July 15, 2025 Trustpilot has upgraded its full-year profit outlook after strong first-half growth in bookings and revenue, driven by robust enterprise demand. The review platform expects to report first-half bookings of $140m (£104.15m), up 19 per cent year-on-year, or 17 per cent at constant currency) with revenue up 23 per cent to $123m. Annual recurring revenue surged [...]
Experian: UK revenue stalls as global growth surges July 15, 2025 Experian delivered a strong first-quarter performance for 2025, with total revenue up 12 per cent and organic growth hitting eight per cent – at the top end of the company’s guidance. But while the global data and technology giant posted strong numbers across North America, Latin America and EMEA, its home UK market continued to [...]
UK firms unprepared for Companies House crackdown July 15, 2025 Significant changes are set to come into effect at Companies House over the next few months, but new research shows most managers are unprepared for the transition. With key provisions of the Economic Crime and Corporate Transparency Act (ECCTA) about to take effect, new research from Vistra reveals that only 28 per cent of UK [...]
