‘Painful’ Budget ahead, Keir Starmer warns in gloomy No10 speech August 27, 2024 Sir Keir Starmer has warned Brits to expect a “painful” Budget this autumn as he insisted the state of the public finances is “worse than we ever imagined”. The Prime Minister addressed the nation from the No10 Rose Garden as he cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”. [...]
Oaknorth: London challenger bank readies for US expansion as New York office authorised August 27, 2024 Oaknorth has received regulatory approval to open a representative office in New York, paving the way for the digital challenger bank to expand further into the US market ahead of a potential stock market listing.
AS Watson: Pharma partner Icanthera’s cash reserves soar August 27, 2024 UK-based pharmaceutical company Icanthera said its cash reserves soared over the last year as it has struck a major deal and is focusing on developing new products. The company that manufactures dermatology and oncology treatments said its cash position increased to £61,000 at 31 March 2024, up from £3,000 in the previous year. Icanthera said [...]
Meet the founder who built a £9.2m jewellery brand with a virtual storefront August 27, 2024 Olivia Jenkins, the founder of D. Louise, discusses how she transformed Instagram into a virtual storefront and her vision for the future of e-commerce.
The Notebook: The rules of work are about to change – here’s what managers need to know August 27, 2024 From flexible working to generational clashes, the rules of work have changed. Recruitment expert Doug Rode has the insight on how to manage.
Sicily yacht tragedy: Bayesian captain set to face manslaughter investigation August 26, 2024 The captain of the Bayesian superyacht is to be investigated for multiple manslaughter and shipwreck after seven people died when the vessel sunk last week, according to Italian media.
Pavel Durov: Telegram founder arrested over app’s alleged child protection failings August 26, 2024 Telegram has said its chief executive has "nothing to hide" after his arrest in France over the platform's alleged failings in moderating criminal activity, including the spread of child sexual abuse material.
KPMG wins £223m UK government contract despite drive to cut spend on consultants August 26, 2024 The UK government has awarded KPMG a contract worth up to £223m to train civil servants despite promising to slash the amount the state spends on external consultants.
Telegram chief Pavel Durov arrested at Paris airport August 25, 2024 The founder and chief executive of the popular encrypted messaging service Telegram has been detained at an airport in Paris, French media reported on Sunday. Pavel Durov was held at Paris-Le Bourget airport on Saturday evening after arriving in France from Azerbaijan, according to broadcasters LCI and TF1. Investigators from the National Anti-Fraud Office, attached [...]
UK minister urges de-escalation after Israel and Hezbollah exchange fire August 25, 2024 A major war in the Middle East is “a real danger”, a cabinet minister has warned following an escalation of hostilities between Israel and Hezbollah overnight. Early on Sunday, the Israeli military launched what it described as “pre-emptive” strikes against the militant group in southern Lebanon, saying it had detected plans to attack Israel. Hezbollah, [...]