UK Athletics faces £20m blow after manslaughter charge January 8, 2025 UK Athletics is staring down the barrel of a huge £20m fine after the cash-strapped track and field governing body was charged with corporate manslaughter. The Crown Prosecution Service charged UK Athletics over the death of Abdullah Hayayei, a Paralympian from the United Arab Emirates, after a metal throwing cage fell on him while training [...]
Google Cloud flies in Microsoft and Accenture veteran for UK and Africa expansion January 8, 2025 Google Cloud has appointed a former Microsoft corporate vice president and 25-year Accenture veteran as vice president for the United Kingdom, Ireland (UKI) and Sub-Saharan Africa, as the tech giant looks to bolster its presence. The tech behemoth shared the news on Tuesday, with Maureen Costello taking charge of sales strategy and operations across the [...]
Budget will force majority of firms to hike prices, survey suggests January 8, 2025 A majority of businesses will lift prices in the next six months due to the government's national insurance hike, a new survey suggests.
‘Untrue and defamatory’: Ian Rosenblatt hits back after troubled listed legal firm RBG ousted him January 8, 2025 Listed legal business RBG Holding, which has seen its shares drop to record low levels, has ousted the founder weeks after he called for the removal of the CEO
Time to address the elephant in the room: AI’s impact on legal fees January 7, 2025 Last year, the legal sector saw record-level salaries and large mergers, all while rolling out every AI policy under the sun. So what does 2025 look like?
Independent Football Regulator hires head of legal from CMA January 6, 2025 The incoming football regulator has appointed a head of legal as it steps up plans to begin its work in earnest in 2025. David Riley this week left his role as legal director of the Competition and Markets Authority to take up a role with the football body, where he will head up the legal [...]
US activist investors ramp up attacks on UK companies January 6, 2025 US activist investors ramped up their attacks on UK companies in 2024, with British firms continuing as the top target for investor campaigns in Europe. 42 per cent of all activist campaigns in Europe targeted the UK, with 59 companies coming under pressure throughout the year, according to Alvarez & Marsal’s latest Activist Alert Outlook. [...]
UK firms shed jobs at fastest rate in three years amid payroll hikes January 6, 2025 Weak demand and higher payroll costs have led to the steepest decline in service sector jobs since January 2021, according to a new survey. Nearly a quarter of survey respondents reported a fall in workforce levels, while 12 per cent signalled a rise, data from the S&P Global UK Services PMI showed. “Service providers widely [...]
Business confidence slumps in ‘pressure cooker’ of higher taxes January 6, 2025 The British Chamber of Commerce's quarterly survey showed that 63 per cent of firms cited tax as a worry in the final quarter of last year, up from 48 per cent in the third quarter.
A new chapter for Smithfield meat market is something to celebrate January 6, 2025 A new site for Smithfield and Billingsgate Market is not an abandonment of traders, it's an opportunity to grow, writes Chris Hayward.