A leading business group has urged the new government to work “at pace” to deliver a new skills strategy to help address the staff shortages faced by firms. According to …
Personal Finance
End ‘wild west’ of post-16 training ‘suppressing talent’, Gordon Brown urges
Gordon Brown has urged Sir Keir Starmer to end the “wild west” of post-16 technical education, which is “suppressing talent” amid the UK’s skills shortage. The former Prime Minister has …
With wage growth set to fall, the Bank of England should cut rates in August
Wage growth remains stubbornly high despite the rise in unemployment and fall in hiring. However, this is not a signal for the Bank to hold off on cutting interest rates, …
HSBC: UK’s AI startups on track to raise record-breaking £3.4bn this year
The UK’s burgeoning artificial intelligence (AI) startup scene is on course to raise a record-breaking $4.4bn (£3.4bn) worth of venture capital in 2024. According to new data from HSBC Innovation …
FTSE 100 today: London markets braces for caution ahead of UK inflation data
Moving markets today: Asia opens cautiously amid US stock boost from Trump, bitcoin surge, and Goldman Sachs exceeding expectations; Asian currencies weaken on strong US dollar, Bank of America earnings …
FCA and UK payments regulator launch inquiry into ‘risks’ of Paypal, Apple and Google Pay
The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) have launched a joint call for information on the use digital wallets such as Apple Pay, Google Pay, and PayPal. …
Grace Beverley’s Tala to open UK stores and expand into US after £5m boost
Tala, the activewear brand founded by influencer Grace Beverley, has raised an extra £5m in a funding round led by a backer of Five Guys. The London-based business has secured …
‘Nothing like it’ – England’s Euro 2024 run gives UK broadcasters a much-needed boost
England may have fallen at the final hurdle but that doesn’t mean their run to Berlin didn’t have any winners. Ali Lyon says advertising agencies and broadcasters enjoyed a very …
Open chief: We’re concerned over financial sustainability of golf
The organisers of the Open, the Royal and Ancient (R&A), have increased the prize money for this weekend’s major at Royal Troon by minimal amounts amid “concern” over the future …
Scotland Extreme E race offers double win and hydrogen testing
E.ON Next Veloce Racing came out on top in both races at the Scotland Hydro X Prix as Extreme E continued to test its hydrogen car. Drivers Kevin Hansen and …