Nvidia has revealed a surprise new microchip to power artificial intelligence (AI) systems as its market capitalisation encroaches on the value of fellow tech giants Apple and Microsoft. “Our next …
Personal Finance
Siemens’ Yorkshire-made battery trains will save ageing British railways £3.5bn
New battery trains which could replace ageing diesel fleets at a slew of rail companies will save Britain’s struggling railways £3.5bn, new research shows. Siemens Mobility, which is assembling the …
Progress Pioneers Summit: Is the financial services industry really building a bridge for underrepresented groups
Is the financial services industry really building a bridge for underrepresented groups? Powered by Progress Together, Progress Pioneers is an event that celebrates everything the financial services sector is doing …
Mortgage lending remains subdued as high rates put off borrowers
Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced …
Harley-Davidson sues Next over alleged rip off its biker label
Harley-Davidson is suing Next in London’s High Court over claims one of the retailer’s T-shirts has ripped off its logo. The US motorcycle maker has alleged the children’s garment, which …
Former City boss: Britain must stop churning out graduate consultants
Too many high-flying graduates are going into consulting, reckons the former boss of Shell, Peter Voser. Voser who chairs Swiss engineering group ABB, said the number of graduates in the …
Tea brand Twinings brews profit to nearly £100m
British tea brand Twinings brewed up a profit of almost £100m during its latest financial year, it has been revealed. For the 12 months to August 31, 2023, the London-headquartered …
Manufacturing activity jumps to highest level in over two years
Output in the UK’s manufacturing sector expanded at the fastest pace in over two years in May, a new survey shows, but cost pressures will continue to cause concerns for …
Chill Brands: Shares in CBD and vapes maker suspended as investigations continue
Shares in vape and CBD products manufacturer Chill Brands have been suspended amid a number of ongoing investigations. The London-listed company announced in April that its chief executive, Callum Sommerton, …
Mike Ashley’s Frasers Group hires former HS2 and HMRC boss
Mike Ashley‘s retail empire Frasers Group has hired the former chair of HS2 and CEO of HMRC to its board. The owner of Sports Direct and House of Fraser has …