Flagstone doubles assets under administration as UK savers chase better rates August 19, 2024 Flagstone has more than doubled its assets under administration in 18 months as the fintech savings platform cashes in on UK savers chasing better interest rates.
THG opens new office in the heart of London’s financial district August 19, 2024 THG, a leading global technology platform specialising in e-commerce and end-to-end direct-to-consumer (D2C) solutions, is pleased to announce the opening of its new office in the prestigious Square Mile, the historic financial centre of London. This strategic move further solidifies THG’s presence in the UK’s business capital, reflecting the company’s continued growth and ambition to [...]
BATM: London-listed Israeli tech firm’s revenue stagnant despite growing order book August 19, 2024 Israeli tech firm BATM Advanced Communications has seen its revenue remain flat despite “substantial growth” in its cyber division, according to newly-filed results. The London-listed firm, which has its headquarters in Hod Hasharon, saw its revenue hit $60m (£46m) in the first six months on 2024 – unchanged from the same period last year. BATM’s earnings [...]
Founders can’t escape the growing pains, but loving what you do makes it easier August 19, 2024 The reality is that the start-up ecosystem — whether it be in tech, hospitality, or retail — has never been easy.
10 British medal hopes to watch at the Paris 2024 Paralympic Games August 18, 2024 There are just 10 days to go until the Paris 2024 Paralympics begin, so to mark that occasion here are 10 British athletes to watch in the French capital. Paralympic medals are getting harder to win and Great Britain will call on a panoply of talent in order to do so this summer. UK Sport [...]
Yvette Cooper pledges crackdown on ‘hateful beliefs’ to counter extremism August 18, 2024 Home Secretary Yvette Cooper has pledged to crack down on people “pushing harmful and hateful beliefs” and to “kickstart” a new approach to fighting extremism. The Home Office has commissioned a “rapid sprint” to drive a new practical approach to countering extremism. The project is being carried out to provide analysis and recommendations on how [...]
Why public-private partnerships are more difficult in the UK August 18, 2024 Labour's promised big on growth by backing the City, but successful partnership with business is easier said than done, writes Andrew O'Brien.
Aslef: Rail strikes called amid ‘toxic situation’ in dispute with LNER August 17, 2024 Aslef’s lead negotiator has said the union is putting “members first” in a “toxic situation” after announcing a fresh series of strikes. Train drivers working for LNER – which runs the passenger service on the East Coast main line between London and Edinburgh – will walk out on weekends from the end of August in [...]
Overlooking the role of migrant workers will be the death of our housebuilding ambitions August 17, 2024 Labour’s pledge to get Britain building again is encouraging, but we can’t reach their targets without construction workers – and, crucially, immigration, writes Haman Manak Out of all the sectors addressed in Labour’s early days of government, housebuilding has been one of the big winners. Starmer and co have promised to build 1.5m homes over [...]
Can we stop AI from destroying the planet? August 16, 2024 AI is increasingly finding itself in the crosshairs of investors concerned about its environmental toll. Many are coming to terms with the fact that the technology supposedly leading us into a smarter future might be dragging the planet backwards when it comes to climate commitments. Big tech’s climate ambitions are hitting a rather inconvenient truth: [...]