A heavy-handed CMA is standing in the way of Britain being a leader in AI October 27, 2023 As a lifelong follower of computer science, it is interesting to see that the forthcoming AI Safety Summit will be held at Bletchley Park. Its role in Enigma code-breaking which turned the course of World War Two is well-known and it has since become synonymous with our country’s contribution to data science and AI. Although [...]
CMA pushes Adobe’s Figma deal probe deadline back eight weeks October 25, 2023 Britain's competition regulator has announced an extension of eight weeks for its ongoing investigation into Adobe's $20bn (£16.5bn) acquisition of cloud-based design platform Figma.
On the Beach calls for CMA to stop low cost carriers’ ‘aggressive tactics’ as long-running feud heats up October 24, 2023 A long-running feud between online travel groups and low-cost carriers is heating up, after On the Beach called on the CMA to step in.
New boss pledges ‘even better’ Heathrow. But former chief’s legacy leaves more questions than answers. October 18, 2023 Heathrow's new boss pledged a "fresh start" for Europe's biggest airport this morning, as he takes charge for the first time.
Vodafone and Three hit back at union concerns deal will kill competition October 17, 2023 Vodafone and Three have hit back at a warning from trade union Unite that their telco tie-up will stifle competition, threaten national security and raise customer bills by up to £300 a year.
CMA launches probe into Worcester Bosch amid ‘greenwashing’ boiler claims October 17, 2023 It will also look at information given by Worcester Bosch about the use of hydrogen for home heating in the UK
Heathrow: CMA tells aviation regulator to look at price cap again as row rumbles on October 17, 2023 The UK competition watchdog has largely upheld a ruling forcing Heathrow to slash the amount it charges airlines for using the airport.
FSB: Reform needed as issues with e-commerce are harming small businesses October 16, 2023 The Federation of Small Businesses (FSB) is calling for reform as new research suggests small businesses are facing an abundance of online marketplace challenges. The research, which surveyed 1,054 small businesses, showed 53 per cent of participants currently use an online platform for their business, with 71 per cent calling these “very important.” Yet 39 [...]
The Notebook: Lucy McNulty on why the FCA must rethink its chairmanship October 16, 2023 Where the City’s top thinkers get a few things off their chest. Today, Lucy McNulty, editor of the Following the Rules podcast, takes the pen.
FTSE 100 close: London markets fall deeply into the red after Bailey’s hawkish comments on interest rates October 13, 2023 The FTSE 100 managed to eke out some gains thanks to its oil giants, who benefited from rising oil prices.