KBRA Assigns Preliminary Ratings to Oban Cards 2026-1 PLC May 28, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of notes to be issued under the Oban master trust structure, a UK credit card ABS programme backed by receivables originated and serviced by Vanquis Bank Limited (Vanquis Bank, the Company or the Servicer). The issuance relates to Series 2026-1 (the Series), which will be issued [...]
Family-owned Tottenham brewer falls into administration as industry pressures mount May 28, 2026 A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry. Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as [...]
More Than Half of UK Businesses Say Hiring Has Become Harder as Employment Costs Rise by Almost 10% in a Year May 28, 2026 Employment Hero, the AI-powered employment platform, has published new data revealing that more than half of UK businesses believe employing staff has become more complex in the past 12 months, as rising costs and fears around new employment law requirements put fresh pressure on employers. The findings follow earlier research conducted by Employment Hero ahead [...]
Milburn review: Youth unemployment crisis costs £125bn a year due to ‘broken system’ May 28, 2026 The crisis of nearly a million young people who are out of education, employment or training – known as ‘Neets’ – costs the UK economy up to £125bn a year, the Alan Milburn review has found, as both the government and the private sector were blamed for failing to address youth unemployment. An extensive report [...]
FICO UK Credit Card Market Report: March 2026 May 28, 2026 Fuel crisis increases pressure on affordability as spending and payments dip, with more customers missing one, two and three payments year-on-year
Reply Expands Prebuilt AI Apps With New Production-Ready Applications to Accelerate Enterprise AI Adoption May 28, 2026 Reply [EXM, STAR: REY] today released a new set of Prebuilt AI Apps: ready-to-use agentic applications designed to drive efficiency and business growth by accelerating the integration of AI into enterprise processes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260528283268/en/ In developing the Prebuilt AI Apps, Reply has identified key areas within [...]
KKR to Open New Office in Milan, Strengthening Long-Term Commitment to Italy May 28, 2026 New office reflects KKR’s localisation strategy and opportunity in Italy’s evolving investment landscape
Not just for lockdown: Pets at Home adapts to life after pet-buying boom May 27, 2026 Are pets for life, or just for lockdown? James Bailey, the new boss of Pets and Home, will be hoping it’s the former but the company faces a challenge in finding sustained growth without the influx of demand that came during the pandemic. Embarking on its turnaround – led by Bailey, a former Waitrose boss [...]
Motive Unveils the Future of Physical Operations at Vision 26: A New Era of Integrated Hardware and AI Innovations May 27, 2026 New products shift the operational burden from people to technology, automating the ‘busy work’ so teams can prioritise the strategic safety, productivity and profitability of their fleet.
Hollywood Bowl boss: ‘Incredibly painful’ tax hikes make it harder to hire May 27, 2026 The boss of Hollywood Bowl has hit out at Labour’s “incredibly painful” hikes to national insurance and the minimum wage for making it harder to employ workers. Stephen Burns, chief executive of the UK’s largest tenpin bowling operator, told City AM that Labour policy has made it “significantly more expensive to employ somebody than it [...]