Avantra 26 Reduces SAP Incident Resolution Times by 60% With New AI-Powered Intelligence May 7, 2026 New release transforms SAP incident response, turning hours of expert analysis into seconds with AI-powered insight
Gilt rout sparks calls for Bank of England to slow ‘unusual’ bond sale programme May 7, 2026 The Bank of England should slow the pace of its costly approach to unwinding quantitative easing, which is pushing up government borrowing costs and weakening the public finances at a time when both are under significant pressure, several top economists have said. The calls follow the UK’s sovereign debt being swept up in a dramatic [...]
Surj reiterates sports commitments following PIF’s partial retreat May 7, 2026 Surj Sports Investment has reiterated its commitment to its stakes in ATP tennis, T100 triathlon and broadcaster Dazn in the wake of cuts to some Saudi-backed events. LIV Golf has been rocked by the withdrawal of further financial support from the Public Investment Fund, while Saudi Arabia has also axed snooker and flag football competitions. [...]
Grosvenor estate: Ministers don’t get ‘basic economics’ May 7, 2026 The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]
Samsung workers threaten strike over AI profits as market value hits $1 trillion May 7, 2026 Samsung Electronics is facing the threat of a major worker walkout, after unions demanded a bigger share of the company’s AI-fuelled semiconductor profits. Two Samsung unions are pushing for a seven per cent pay rise and a bonus scheme worth 15 per cent of each division’s operating profits, with workers threatening an 18-day strike later [...]
Construction output tumbles as builders hit by surging costs and red tape May 7, 2026 The UK’s construction sector suffered a sharp fall in activity last month, as the Iran war batters confidence and drives up prices. S&P Global’s monthly construction index for the UK dropped to 39.7 in April, down from 45.6 in March. Builders are beginning to suffer from rising material costs caused by the blockage to the [...]
Titan SA: Trading Update – First Quarter 2026 May 7, 2026 Very strong start to the year with sustained robust profitability growth
Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment” May 7, 2026 Round co-led by DCVC and Kembara, with participation from the British Business Bank and Firgun, positions stealthy Quantum Motion as UK’s best-funded quantum computing company. Quantum Motion’s silicon transistor-based architecture produces quantum computers with 100-fold reduction in cost and space requirements as well as 1,000-fold reduction in energy consumption compared to other approaches.
JD Sports warns of ‘muted growth’ amid weak consumer spending May 7, 2026 JD Sports has seen profit fall as the sportswear retailer warned it is preparing for a period of “muted” growth amid weak consumer spending and potential Iran war cost pressures. Pre-tax profit at the FTSE 100 firm fell by 12 per cent to £629m in the year to January, even as sales rose by 12 [...]
LIV Golf’s decline leaves sport with more questions than answers May 7, 2026 LIV Golf. What was that all about? Ok, the past tense might be a bit harsh. But could anyone have the appetite and depth of pockets to rescue a venture that has burned through $5bn from the ignominy of collapse? Where too does this embarrassing failure leave Saudi Arabia and its sporting ambitions? Time has [...]