PwC UK profit falls as partner pay drops to £862,000 against backdrop of AI push September 25, 2024 PwC UK has reported single-digit growth in revenue but on the backdrop of the groups profits and partner pay dropping, again
Regulation in the UK a ‘web of complexity’ and harming innovation says think tank September 25, 2024 A leading think tank has called for the government to create a ‘call-in’ power to overrule regulators’ decisions, warning that Britain’s approach to tech regulation is harming innovation and investment in the sector. In a new report, right-leaning think tank Onward described the UK’s patchwork of “under-resourced” and “overstretched” regulators as spinning a “web of [...]
The jobs market is already in trouble – loading employers with new regulations won’t help September 25, 2024 Jobs postings have declined for the 26th month in a row. This isn't the time to disincentivise hiring, writes Reed CEO James Reed.
Warning over ‘burdensome’ employment laws stifling SME growth September 24, 2024 Thousands of small businesses risk closure if the government proceeds with plans to end probationary periods for employees without specific exemptions, a leading employment platform has warned.
Bringing together the Aon proposition September 24, 2024 Insurance is a vast and complex sector, and helping clients navigate the market is a key part of Aon’s insurance vertical. Emma Crookes, Aon’s UK Insurance Vertical Leader and Global Account Manager, is responsible for coordinating Aon’s teams in this space to deliver the best client outcomes. Crookes began her career at Aon over 11 [...]
Powering Innovation – The CEO of SambaNova Systems celebrates Saudi Investment in AI September 24, 2024 Saudi Arabia is committed to powering the next generation of artificial intelligence and harnessing its benefits for the good of humanity. This was the central message at this year’s GAIN Summit, a global AI conference held at the King Abdulaziz International Convention Centre in Riyadh between 10-12 September. The summit, which was organised by the [...]
FTSE 250 group Raspberry Pi beats profit expectations September 24, 2024 Raspberry Pi has surpassed its expectations in its first set of financial results since it floated on the London Stock Exchange earlier this year. The Cambridge-based computer company, which was added to the FTSE 250 on Monday this week, raised nearly £179m at its oversubscribed IPO in June, said revenue soared 61 per cent to [...]
Why Google faces millions in fines from global regulators September 24, 2024 Google is up against the growing wrath of regulators worldwide, as it faces the possibility of millions in fines for alleged anti-competitive practices. According to Bloomberg, the EU is preparing to investigate Google’s conduct in the digital marketplace, including whether it preferences its own services, such as Google Flights and Google Hotels, in search results. [...]
Forget the bangs and flashes, the UK economy just needs some plumbing September 24, 2024 The outlook for the UK economy doesn't have to be so bleak. We just need to get back to basics, writes Sam Bidwell.
Chip maker Alphawave’s profit slumps as spending surges September 23, 2024 Shares in Alphawave Semi nosedived 37 per cent after the semiconductor company reported a drop in revenue and profit for the six months to 30 June amid higher spending. The London-listed company said revenue plunged 51 per cent to $91m (£68.3m) in the first half of the year, which it blamed on a change in [...]