Admiral: Shares surge after FTSE 100 giant’s profit jumps August 14, 2025 Shares in insurance giant Admiral surged 5.5 per cent in early deals this morning after the group reported a significant jump in earnings for the first half of its financial year, thanks to its UK insurance arm and income from Admiral Money. The group reported a 69 per cent jump in profit before tax from [...]
Employers say university degrees ‘not essential’ in results day boost August 14, 2025 The majority of employers believe university degrees are not essential for success in entry-level roles as A-level students are brimming with confidence despite a tough jobs market, fresh polling has suggested. In a boost for young people not attending university after results day, a survey by the jobs platform Indeed has suggested that 68 per [...]
Beazley: Shares slump after profit falls August 13, 2025 Shares in Lloyd’s of London insurance group Beazley fell more than 11 per cent after the company reported a sharp drop in profit for the first half of 2025. Beazley reported a profit before tax of $502.5m (£371.9m) for the six months ending 30 June 2025, down from the $728.9m reported in the first half [...]
US giant Anthropic poaches British AI firm founders in OpenAI rivalry August 13, 2025 Anthropic has hired the three cofounders of London-based AI startup HumanLoop, along with most of its engineering and research staff, in its latest move to bolster AI talent in Europe. As Sifted reported on Tuesday, the hires include chief executive Raza Habib, chief tech officer Peter Hayes and chief product officer Jordan Burgess, all of [...]
Facial recognition vans rolled out across England in crime crackdown August 13, 2025 An additional seven police forces in England will be using ten new live facial recognition (LFR) vans to track suspects wanted for serious crimes, including sexual offences, violent assaults, and homicides. The rollout, announced by the Home Office, will see Greater Manchester, West Yorkshire, Bedfordshire, Surrey, Sussex, Thames Valley and Hampshire police share the vehicles. [...]
Labour warned tightening inheritance tax would ‘stymie growth’ August 13, 2025 Plans to tighten inheritance tax rules on gifting and passing assets on to family members before death would damage UK growth and could lead to “regret” within the government, Labour has been warned. Treasury officials are reportedly considering changing rules which allow Brits to pass on assets to younger family members over seven years before [...]
Big Four PwC ramps up office attendance monitoring August 13, 2025 PwC has increased its monitoring of employees’ office attendance by tracking key card usage and WiFi connections to ensure staff comply with requirements
Campanelle restaurant review: Beware! Dangerously good carbonara August 13, 2025 There are some truly perverse architectural sights in the City of London. Walk down Bishopsgate and teeny-tiny St Ethelburga’s church looks ridiculously quaint in front of the towering Gherkin – it’s one example of how in the Square Mile, history and modernity clash thrillingly. If this sort of architectural nerdery is for you, go to [...]
Notting Hill Carnival: The Met is writing its own rules for live facial recognition August 13, 2025 With the Met primed to use live facial recognition tech at the upcoming Notting Hill Carnival, primary legislation is needed urgently.
Pool Re: The UK’s secret weapon of insuring against terrorism August 13, 2025 When the private insurance market buckled under the threat of terrorism, the government stepped in to ensure that businesses would not be left alone