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Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), has warned that the UK’s financial system is “not prepared” to withstand the growing wave of geopolitical and cyber threats facing the global economy. Speaking at the City Dinner at ...
The government has approved the long-awaited reopening of the Oxford Cowley rail branch line, marking a major milestone in plans to transform the Oxford-Cambridge corridor into what ministers call “Europe’s Silicon Valley.” The £155 million scheme — part of a ...
Sir Tony Blair has urged Energy Secretary Ed Miliband to ditch his 2030 clean power target and cut green levies as his think tank warns that current climate policies are driving up costs for homes and businesses. A new report ...
Financial advisers across the UK are warning of a growing trend in private medical insurance (PMI) cancellations as businesses and households tighten their belts in the face of rising taxes, inflation and economic uncertainty. During the Covid pandemic, PMI uptake ...
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs. Much of so-called planned obsolescence is really entrepreneurship at work improving products for users and consumers. ...
Astut, an Oxford University spinout developing AI for unprecedented decision-making, has raised £1.6 million in seed funding to help businesses and institutions navigate crises and high-stakes challenges where no historical data exists. The round was co-led by East X Ventures ...
Paygentic, a London-based startup building payments infrastructure for AI-native and agent-driven businesses, has raised $2 million (£1.6m) in pre-seed funding to expand its team and accelerate product development. The funding round was led by MiddleGame Ventures, with participation from Anamcara ...
Barclays has revealed a £110 million loss tied to the collapse of Tricolor, a US subprime auto lender accused of fraud — an event now seen as a major warning sign for the $3 trillion private credit market. The bank ...
The fact that Welzo is the pioneer in the UK with a data-driven product marketplace in the vitamin and supplement sector is a new milestone in the health and wellness industry. Welzo is a UK based healthcare marketplace that sells ...