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      Modella pulls out of race to buy Poundland

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  • UK cyber security chief to step down next year

    December 28, 2019

    The head of the UK’s National Cyber Security Centre (NCSC) has announced he will stand down next summer. The government said that Ciaran Martin would leave his post in 2020 on Friday evening, almost four years after founding the organisation. The 45-year-old said it had “been the privilege of a lifetime” and warned the challenge [...]

  • Donald Trump invites Boris Johnson to White House

    December 22, 2019

    US president Donald Trump has reportedly invited prime minister Boris Johnson to visit him in the White House in the new year. The Sunday Times reported that Trump’s invitation to Johnson was made after the British prime minister’s recent election win. Read more: European stocks rally as Boris Johnson’s Brexit deal is approved Formal discussions [...]

  • New government ‘must commit to flexible labour market’, say CBI

    December 19, 2019

    Business lobby group the Confederation of British Industry (CBI) today warned more than seven in ten businesses fear they won’t have access to skilled workers they need in the next year. Britain’s plans for a new post-Brexit immigration system risk the flexibility of the UK’s labour market, which could cause a shortage of skilled workers, [...]

  • Business can help charities in more ways than just raising funds

    December 19, 2019

    After a Christmas election where all the main parties claimed that they would boost social spending, the season of giving this year has become unusually politically charged. Yet with an estimated 14m people living in poverty in Britain, regardless of which party is currently in power, there will remain a significant role for private philanthropy [...]

  • Staffline shares plunge as recruiter slashes profit forecasts

    December 18, 2019

    Staffline has announced its finance chief has stepped down as the recruitment firm cut its profit forecasts following a dip in consumer demand. Shares in the company plunged 33 per cent this morning as it revealed that trading performance in the fourth quarter was below the board’s expectations following a slump in demand. Read more: [...]

  • The biggest tech breakthroughs of the last decade

    December 18, 2019

    It is easy to forget, as we approach the end of not just 2019 but also the decade, just how far technology has developed over the past 10 years.  To mark the end of the era, City A.M. asked several experts for what they think have been the biggest technological breakthroughs or advancements made in [...]

  • New Orleans declares emergency as cyber attack shuts down government

    December 16, 2019

    New Orleans has declared a state of emergency after a huge cyber attack shut down the local government’s computers and servers. The city’s emergency response service, dubbed Nola Ready, first reported phishing attempts and suspicious activity at 5am on Friday. Read more: London software firm Kape snaps up US cybersecurity company for $95m Chief information [...]

  • Yü Group shares skyrocket on energy supply deal with Smartest

    December 16, 2019

    Yü Group, the supplier of energy and utilities services to UK businesses, saw its share price rise by nearly 50 per cent today after it announced an energy supply arrangement with Smartest Energy. The hedging facility with Smartest will provide Yü with a credit line up to £13m, which will grow in line with the [...]

  • Ninety-six per cent of UK’s top law firms fear Brexit profit hit

    December 16, 2019

    Ninety-six per cent of the UK’s top 100 law firms say that Brexit could hit their profitability in the coming year, a survey published today showed. The Thomson Reuters poll of finance directors at top 100 law firms showed that 42 per cent were worried that reduced inward investment in the UK could hit law [...]

  • General Election live: Tories on course for majority, says Ipsos Mori poll

    December 12, 2019

    Please manually refresh this page for our latest General Election updates. Voters head to the polls today for the third time in five years in what has been described as party leaders as the “most important General Election in a generation”. Read more: Readers send in pictures of their dogs at polling stationsRead more: Your [...]

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