Sweeping job cuts at GSK to fund £400m Cambridge campus July 28, 2026 GSK is poised to slash its back office headcount to help fund a £400m mega-campus in Cambridge, in a move it hopes will bolster its drugs pipeline anFd stave off a looming patent cliff-edge. In his first major update as chief executive, Luke Miels unveiled plans to find £1.9bn of savings over the next three [...]
Everseen Acquires Viztel Portfolio from RadiusAI, Extending Its Vision AI Platform from Checkout to Full-Store Intelligence July 28, 2026 Everseen, the market leader in AI-powered revenue recovery, trusted by 11 of the top 20 global retailers, becomes the only company that recovers revenue for retailers at scale and delivers full-store intelligence on a single AI platform Viztel turns retailers' existing store cameras into store-wide intelligence on how shoppers and products move, how they engage and dwell, how queues form, and where freshness or safety issues arise, with no facial recognition and no personally identifiable information Retailers get one AI platform connecting loss prevention, store operations, workforce productivity, and the customer experience, areas that have historically required separate vendors and dashboards
Who’s buying your business? Don’t wait until you’ve built it to decide – here’s why July 28, 2026 Investors and founders agree: the moves that make a business genuinely sellable happen years before anyone puts an offer on the table. At SCALE London 2026, the summit for entrepreneurs, investors and growth partners, the panel The Long Game: Funding routes and paths to exit had founders glued to the stage. Founders too often treat [...]
‘I thought this would be drama-free’: Games Workshop pockets tariff reprieve July 28, 2026 Games Workshop pocketed a £7.8 refund from the US administration after the Supreme Court rules Donald Trump’s ‘liberation day’ tariffs to be illegal, the company has said in another positive trading update. The Warhammer maker told investors it had initially paid US customs £12m to continue trading across the Atlantic, a considerable hit to the [...]
Student housing giant Unite faces £400m loss amid property value slump July 28, 2026 Unite Students has plunged to a more-than £400m loss after being hit by a £500m revaluation of its properties and “extremely challenging” building costs. The UK’s largest student landlord slumped to a £417m pre-tax loss in the six months to June, reversing a £186m profit the year before, as its earnings slipped by two per [...]
Britain has the lowest level of millionaires since the financial crisis – and that’s no accident July 28, 2026 The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis. Rich residents aren’t just fleeing because of policy choices like high levels of tax and the removal of non-dom status, but also a cultural hostility to wealth, says James Lawson It is no secret that the wealthy and [...]
Has Range Rover just abandoned the SUV? July 28, 2026 The Range Rover GT brings electric grand touring to JLR’s EMA platform with bold styling and impressive refinement. The Range Rover GT is the latest addition to JLR’s luxury line-up, and the fifth model in the Range Rover family, blending the style of a grand tourer with the practicality of an SUV. Revealed ahead of [...]
Will Britain follow Japan’s great growth gamble? July 28, 2026 Japanese Prime Minister Sanae Takaichi has unveiled an expansionary economic blueprint aiming to break Japan’s long-standing cycle of stagnation through state-led investment, creating a precarious balancing act for the Bank of Japan as it attempts to maintain market confidence and monetary stability, says Helen Thomas A newly installed leader promises to break with the economic [...]
EY and London managing partner fined over £1.3m for audit failure July 28, 2026 Big Four giant EY and its London office managing partner have been hit with a nearly £1.3m fine by the financial watchdog for audit failings related to retailer Made.com in 2021. The Financial Reporting Council (FRC) said the sanction follows an investigation into Julie Carlyle, who manages the City office and a portfolio of many [...]
Expanding London airports will help growth take off July 28, 2026 Extra runways at Heathrow, Gatwick and Luton are not just lucrative transport infrastructure projects that will create construction jobs and supply chain benefits in the short-term. They are key to getting overseas visitors into the UK to spend money, says Alex Challoner The summer holidays are upon us. Chances are, at some time in the [...]