After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Natwest boosts AI strategy with AWS and Accenture July 23, 2025 Natwest Group has announced a five-year collaboration with Amazon Web Services (AWS) and consultancy Accenture to accelerate its bank-wide data and AI transformation, ahead of its half-year earnings release scheduled for July 25. The agreement forms part of the group’s broader strategy to simplify its operations and offer a more personalised customer experience. By consolidating data currently housed [...]
Dragons’ Den athlete sentenced for using Covid loans to buy £1m house July 23, 2025 A British world champion sprinter who appeared on Dragons’ Den has been given a suspended prison sentenced after using Covid loans to help fund a £1.3m house purchase. Rick Beardsell, who competed on the senior Masters circuit, obtained two maximum-value £50,000 Bounce Back Loans for his sportswear manufacturing business Sports Creative Limited in 2020 and [...]
Evri: Boom in bedroom CEOs drives best-ever parcel deliveries July 23, 2025 Evri has delivered record results thanks to a boom in second-hand sellers sending parcels with the logistics giant. The parcel delivery company, which was acquired by private equity firm Apollo from Advent International in 2024 for £2.7bn, has revealed that its volumes increased by 11 per cent in the year to 1 March, 2025, to more [...]
Goldman Sachs boss: London finance lead ‘fragile’ July 23, 2025 London’s position as a global financial centre is at risk from years of anti-business policies that are pushing talent and capital abroad, the boss of Goldman Sachs has warned. David Solomon highlighted a damaging combination of Brexit, the UK’s tax burden, constrictive regulation, and the recent decision to abolish the non-dom regime have all harmed [...]
Demand for strawberries and cider help grocery sales surge July 23, 2025 Sales at UK supermarkets surged in June as shoppers splashed out on summer staples like strawberries and cider. Total till sales growth at the grocers soared 5.8 per cent in the four weeks ending July 12, up from 3.8 per cent growth in June, according to new data released today by NielsenIQ (NIQ). “With three [...]
HPE: Hewlett-Packard Enterprise’s UK profit quadruples despite sales slump July 23, 2025 Profit at the UK arm of Hewlett-Packard Enterprise (HPE) almost quadrupled during its latest financial year despite its sales being slashed by nearly £150m. The division of the US tech giant has posted a pre-tax profit of £97.6m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The [...]
Tourists help boost luxury London hotels despite widening losses July 23, 2025 Losses have widened at a luxury London hotels group despite international tourism helping to boost its sales to a new record. Firmdale Hotels, which was founded by Tim and Kit Kemp, has fallen to a pre-tax loss of £30.4m for its year to 31 January, 2025, new accounts filed with Companies House show. The total [...]
Price rises help boost Colgate sales and profit July 23, 2025 Price rises helped the owner of the Colgate toothpaste brand boost its sales and profit in 2024 as it sought to mitigate the increase in costs. The UK arm of Colgate-Palmolve has posted a revenue of £362.3m for its latest financial year, up from the £334.3m it achieved in 2023. New accounts filed with Companies [...]
Swipe for baby: Behind the app hoping to revolutionise fertility treatments July 23, 2025 How much would you pay for a vial of sperm? It’s something not many people have to consider, but this question of cost is just one of the issues at the heart of the donation industry. In the UK, donors cannot be paid more than £45 per donation, and this is ostensibly to cover travel [...]
UK sanctions 25 targets in illegal migration crackdown July 23, 2025 The UK government has banned 25 people smugglers, fraudsters, and bankers in the first set of sanctions aimed at curbing illegal migration, putting pressure on countries across Europe and the Middle East to follow suit. The Foreign Office has disclosed the names of 24 individuals and one company it has accused of facilitating people-smuggling and [...]