Britain’s tech sector is bracing for impact as fears grow that Labour’s upcoming Budget could drive investors, and their capital, out of the country. Brent Hoberman, co-founder of Lastminute.com and …
Investing
Private asset funds predicted to surge over the next five years
Private asset funds are expected to become a central force in driving the global economy over the next five years, after soaring to record highs in 2025. The value of …
HelloFresh sinks further into the red as 900 UK jobs lost
The UK arm of HelloFresh has sunk deeper into the red as its sales were cut during its latest financial year, it has been revealed. The division has reported a …
Branson-backed Virgin Active slashes losses amid WFH battle
Virgin Active, the gym chain founded by Sir Richard Branson, has significantly slashed its losses as its battle with the work-from-home trend continues. The business, which runs 224 international locations, …
Stokes and Archer in $4.5m raise for Indian medical treatment firm
England cricketers Ben Stokes and Jofra Archer have taken part of a $4.5m raise for a company that will offer UK patients medical treatments in India. The duo will join …
Lloyds: FTSE 100 giant’s slow wealth progress sparks takeover talk
Lloyds’ “slow” progress in wealth management has sparked talks of a potential takeover as the banking titan looks to beef up its offering for high net worth individuals. The FTSE …
Regulator fines KPMG for N Brown Group audit errors
Big Four firm KPMG and a former partner have received heavy fines and formal reprimands from the accountancy regulator for serious failures in their audit of N Brown Group plc’s …
How OpenAI’s deal with AMD could change the AI chip market
Techbehemoth and OpenAI yesterday struck a multi-billion-dollar partnership with chipmaker AMD, committing to purchase up to six gigawatts of the company’s next-generation processors to power new AI data centres. The …
Former FCA and EY bigwig named football regulator chief executive
Former FCA and EY bigwig Richard Monks has been named chief executive of the Independent Football Regulator. The appointment of the former Big Four partner comes after confirmation of media …
House prices fall amid pre-Budget jitters
House prices fell last month, a leading price index has suggested, a warning that house buyers and sellers are nervy ahead of a potential tax raid on property. Halifax’s house …