Radiation detection firm Kromek has won government funding under the Horizon scheme to develop its new technology, which can rapidly discover irregular radiation sources such as bombs. The Durham-based firm…
The founder and former chief of Revolution Beauty will have to pay close to £3m to the scandal stricken makeup brand to settle allegations he breached fiduciary duties to the…
Vodafone has said its total revenue shrank by over two per cent in its third quarter due to contractions in Italy and Spain and sluggish growth in Germany, its biggest…
More than 200 jobs will be slashed at CMC Markets, the investment platform founded by Tory peer Lord Peter Cruddas. In an update issued to the market this morning, the…
The owner of London Southend Airport has proposed a settlement agreement over demands to repay a £194m loan early. Shares in Esken slumped by over 40 per cent last month…
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according to reports. The Financial Times…
Loss-making Naked Wines has named its new chief executive four months after its former boss Nick Devlin stepped down amid a challenging period for the company. This morning, Rodrigo Maza,…
Artificial intelligence could be London’s next big industry, but only if we build the trust necessary to develop the tech, writes Michael Mainelli Despite AI already pervading so much of…
Companies are already using wasted heat from data centres in innovative ways, but we need government to get on board, writes Mark Bjornsgaard Google’s recent announcement that it has started…
The US giants Exxon and Chevron have reported their second-highest profits since David Cameron and Barack Obama were leading the free world. Across the pond, Shell also posted some rather…