The online and in-store worlds have, historically, been trying to offer the same thing: simple access to products. But the dual effects of the pandemic and the cost-of-living crisis, as …
Investing
Vodafone-Three £15bn merger delayed further as CMA extends probe
Vodafone and Three will have to wait longer before finding out if a £15bn planned merger has the seal of approval from the UK’s competition regulator. The Competition and Markets …
Kylian Mbappe and five success stories of footballers who own teams
Kylian Mbappe this week joined the ranks of footballers who own teams when he completed a takeover of French second division side Caen. Mbappe acquired an 80 per cent stake …
Elliott warns Nvidia is in ‘bubble land’ and AI is ‘overhyped’
Hedge fund Elliott Management has slammed artificial intelligence technology as “overhyped”, warning that star stock Nvidia is in “bubble land”. Run by Paul Singer, Elliott has become notorious as one …
US unemployment miss: ‘Has the Fed made a policy mistake?’
US unemployment figures missed expectations today, jumping to 4.3 per cent, leaving analysts asking if the Federal Reserve had made a mistake not to cut interest rates on Wednesday. Nonfarm …
Class action avalanche: Report reveals litigations are eight times greater than UK population
Class action litigation is dominating the UK as a new report shows claims filed by the end of 2023 encompassing over 540 million members, eight times greater than the population …
Loveholidays: How CEO Donat Rétif tripled profit by ‘democratising’ travel
Donat Rétif has only been the CEO of Loveholidays since 2019, but under his leadership the vacation marketplace has experienced explosive growth across all major metrics, doubling its revenue, tripling …
Bank of England’s Pill: Inflation still needs to be ‘squeezed out’ of the UK
Despite returning to the two per cent target, inflation still needs to be “squeezed out” of the UK economy, Bank of England chief economist Huw Pill said today. Pill’s warning …
Growth stalls at Eversheds Sutherland as it battles ‘challenging economic conditions’
Profit growth has stalled at law firm Eversheds Sutherland, the firm reported today, as it battled “more challenging economic conditions” in most of the markets it operates in. The firm’s …
Government cancels £1.3bn in AI funding as spending cuts bite
The new Labour Government has shelved £1.3bn of “unfunded” investment for UK tech and AI projects promised by the Conservatives. The Department for Science, Innovation and Technology (DSIT) said no …