For many SMEs, growth often hinges on one big question: hire from outside your organisation or invest in who you already have? In today’s talent market – shaped by changing expectations, rising recruitment costs and…
Business
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Reform UK has urged Chancellor Rachel Reeves to seize a £20bn “lifeline” from the Bank of England by overhauling its money-printing programme, in a move the party says could plug much of Britain’s looming budget…
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Business
Starbucks to shut cafés and axe 900 jobs in £750m rescue plan as sales slump and UK losses mount
Starbucks is set to close dozens of cafés and slash 900 jobs in a dramatic £750 million restructuring drive designed to revive the struggling coffee giant. Chief executive Brian Niccol revealed the overhaul in a…
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The gambling market in the UK has always been subject to change, as betting companies look for new ways to appeal to the public. From the emergence of thousands of betting shops in the 1960s…
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Ryanair has been accused of turning its back on elderly travellers after confirming plans to scrap paper boarding passes in favour of a digital-only system from November. The low-cost carrier, led by Michael O’Leary, will…
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A 31-year-old cryptocurrency entrepreneur has stunned the tech world by raising more than £750m ($1.1bn) to build Britain’s biggest artificial intelligence data centre — despite his company never having completed one before. Josh Payne’s start-up…
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Business
AI data centres to swallow 10% of global power surge — with US demand soaring to 40% by 2035, warns BP
Artificial intelligence data centres are set to devour a massive share of the world’s electricity growth over the next decade, according to BP’s latest World Energy Outlook. The oil giant estimates that data facilities powering…
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Rachel Reeves is facing a mounting revolt from Britain’s business leaders, with chiefs across sectors warning that her tax hikes and labour reforms are throttling investment, driving out wealth, and tipping the economy toward recession.…
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The pound fell sharply on Wednesday after Andrew Bailey suggested the Bank of England could cut interest rates if inflation eases further, in remarks that underscored the fragility of the UK economy. Sterling slipped 0.7…
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The government is weighing extraordinary measures to shield Britain’s manufacturing base from the fallout of Jaguar Land Rover’s crippling cyberattack, including buying up parts from suppliers to prevent mass job losses. Business Secretary Peter Kyle…