London-based tech company CultureAI has secured $10m (£7.7m) in a Series A funding round, co-led by Mercia Ventures and Smedvig Ventures. The investment is set to propel CultureAI’s product development, …
Estate Planning
Hopes of a summer interest rate cut fade ahead of crunch wage data (and it’s partially due to Taylor Swift)
With the Bank of England’s latest interest rate decision just two weeks away, today’s inflation figures for June were always going to be important. The figures showed that inflation came …
King’s Speech: Labour to legislate OBR fiscal lock to boost ‘market credibility’
Labour will legislate for a fiscal lock to require the Office for Budget Responsibility (OBR) to provide an independent assessment of any major tax and spending plans. Sir Keir Starmer …
London council slammed for ‘severe’ data breach in ‘avoidable’ cyber attack
Britain’s data watchdog has lambasted London’s Hackney Council for a cyber attack that “severely” impacted residents, saying the breach was “a clear and avoidable error.” In October 2020, hackers infiltrated …
King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth
A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking housing and infrastructure projects across the country. …
King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do
Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater …
King’s Speech: Pension schemes to be merged into ‘superfunds’ under Labour shake-up
Pension schemes will be pushed to pool their assets in “superfunds” as part of government plans to divert more of the country’s retirement cash into the economy and boost returns …
Kings Speech: Labour will not U-turn on HS2 cancellation
The new Labour government will not reverse the controversial decision to scrap the northern leg of High Speed Two (HS2), it has been confirmed. As part of the Kings Speech, …
King’s Speech: Labour to phase out leasehold system
Labour will ban the sale of leasehold flats and attempt to replace the system with commonhold, King Charles said earlier today. The government will implement and extend Michael Gove’s modest …
King’s Speech: Long-awaited audit overhaul green-lit as FRC scrapped for new regulator
It is full steam ahead on the creation of the new audit watchdog as the Labour government has unshelved the Audit Reform and Corporate Governance Bill, during the King’s Speech. …