Emergency plans to release prisoners early to ease overcrowding to be revealed July 11, 2024 The Ministry of Justice (MoJ) is set to announce its emergency plans to free up prison spaces in order to tackle the issue of overcrowding.
PwC cuts Friday half-day perks for UK staff during the summer July 11, 2024 PwC has issued a warning internally to its UK employees that it will be cutting Friday half-days perks while bonuses for some parts of the UK business will be reduced
Archegos founder Bill Hwang convicted on fraud charges July 11, 2024 Sung Kook "Bill" Hwang, the founder of Archegos Capital Management, has been convicted of fraud by a Manhattan jury after the 2021 collapse of his firm.
Workspace records ‘resilient’ office demand in quieter quarter July 11, 2024 Workspace, which was established in 1987, manages 4.4m square feet of flexible office space across 74 locations in London and the south east.
Economy back on track as GDP beats expectations in May July 11, 2024 Labour has said generating economic growth will be a "national mission".
UK sweeps a third of European tech funding in 2024 as London and Cambridge boom July 11, 2024 UK firms have received nearly a third of European venture capital tech funding so far this year, new data shows, as investors flock back to London and Cambridge bolsters its credentials as an international hub.
The Debate: Should Labour scrap the early release scheme? July 11, 2024 As Britain's prisons near full capacity, Sunak's government started an emergency measure: releasing prisoners early. What should Labour do now?
London landlords struggle to shift office space due to high rates and hybrid work July 10, 2024 Landlords wanting to shift large London office this year have struggled to find a willing buyer, as nerves over hybrid working and higher interest rates continue to plague the upper end of a market that is still yet fully to recover from the pandemic.
London tech scale-up Unmade acquired by clothes manufacturer Hi-Tech Apparel July 10, 2024 The deal, valued at 10 times the company revenue, will see Unmade, which is working to solve fast fashion's problems though tech-enabled customised clothing on demand, work with Hi-Tech to automate the fashion industry.
Travis Perkins appoints non-exec as new boss July 10, 2024 Pete Redfern has been appointed as the new chief executive officer of Travis Perkins, succeeding current CEO Nick Roberts, who is leaving after five years in the role. The UK-based building supplies firm has suffered in the economic downturn and slowdown in construction, with profits falling as much as 70 per cent in 2023. “[Redfern] [...]