A British artificial intelligence (AI) startup that is creating autonomous systems for vehicles has secured over $1bn (£800m) in backing, in what is the UK’s largest ever AI fundraise. Wayve…
Gaming-focused media company Guild, co-owned by David Beckham, has joined the Esports World Cup (EWC) Club Program. Not to be confused with the Cup itself, The EWC Program—announced yesterday—is designed…
The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed. The billionaire retail tycoon took over…
NHS outsourcer Totally has warned of “unforeseen pressure” on its services after it initiated a restructuring to manage growing costs. Higher than anticipated agency staff costs and delays to the…
Three firms, including PwC and Ernst & Young (EY), have been handed multimillion-pound fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm…
Banco Sabadell, the Spanish owner of British high street bank TSB, has rejected a €12bn (£10.3bn) all-share merger proposal from its bigger domestic rival Banco Bilbao Vizcaya Argentaria (BBVA). Sabadell,…
BP has reported a drop in profit for the first quarter of the year and higher net debt amid lower oil prices. The UK oil major reported underlying replacement cost…
Hybrid work specialist IWG has said it is on track to meet full-year profit and debt reduction forecasts, after it cautioned over rising costs in March. The Wework rival posted…
According to new data from Halifax, house prices rose by just 0.1 per cent in both London and the UK in April. The average house price is now £539,336 in…
Swiss banking giant UBS has surged past analysts’ estimates and returned to profit after two straight quarterly losses. The growth was driven by wealth management and investment banking as it…