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    US sets AI standard, leaving Britain on the back foot

    Niemann vows to prove major worth after winning LIV Golf opener at Mayakoba

    February 5, 20240250 views

    Joaquin Niemann says his major exile is fuelling a purple patch after beginning the LIV Golf season with a play-off victory in Mayakoba, Mexico. Niemann overcame Sergio Garcia at the…

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    More than £1tn languishing in low-interest savings accounts as Brits urged to shop around

    February 5, 20240234 views

    More than £1tn of savings is languishing in low-interest accounts Bank of England data has shown as Britons are urged to shop around for the best deals. The central bank’s…

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    Farfetch hit with winding up petition as creditors attack rescue deal struck with chief Jose Neves

    February 5, 20240247 views

    Farfetch has been hit with a winding up petition amid claims its founder Jose Neves destroyed the value of the embattled retailer in the lead-up to its near £400m rescue…

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    Kylie Jenner Instagram post help drive sales at Kurt Geiger as fans buy ‘affordable’ £270 bag

    February 5, 20240243 views

    British designer Kurt Geiger thanked reality star Kylie Jenner and a host of other celebrities for helping December sales reach the highest month on record.  The handbag and shoe maker,…

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    British Business Bank working on plan to launch new £600m fund for UK startups

    February 5, 20240265 views

    The British Business Bank is working to launch a new fund that could invest as much as £600m worth of pension savings into UK growth companies. As first reported by…

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    FTSE 100 live: CMC job cuts, Vodafone results and Iran sanctions row

    February 5, 20240339 views

    London’s FTSE 100 rose on Monday, on the back of trading platform CMC Markets announcing cost-cutting plans, while Lloyds fell after it reportedly helped Iran-backed oil firms evade UK sanctions.…

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    CBI settles legal action brought by ousted director Tony Danker

    February 5, 20240262 views

    The Confederation of British Industry (CBI) has settled a legal case brought by its former director-general, Tony Danker, after he was dismissed last year following complaints about workplace misconduct. Danker…

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    Law firm Dechert set to pay £3m to settle English fraud and conspiracy claim

    February 5, 20240323 views

    US law firm Dechert is set to pay more than £3m to a US aviation entrepreneur as settlement of a fraud and conspiracy lawsuit in London. Farhad Azima had a…

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    UK services activity rises at fastest pace in eight months

    February 5, 20240258 views

    The UK’s services sector saw a “solid increase” in business activity last month, as well as an uptick in job creation, according to a closely watched survey. The services purchasing…

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    Home REIT to publish long-delayed accounts despite struggling to access houses

    February 5, 20240239 views

    Home REIT is set to publish its long-delayed accounts in the second quarter of the year despite still struggling to access scores of properties in its portfolio, the firm announced…

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