OpenAI has announced a major strategic move to accelerate its expansion into hardware, with the acquisition of io, the San Francisco-based tech start-up founded by Sir Jony Ive, the former chief design officer at Apple.…
Business
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Business
UK public borrowing hits £20.2bn in April, deepening pressure on Rachel Reeves ahead of spending review
Public sector borrowing in the UK surged past expectations last month, hitting £20.2 billion, as higher spending on public services and increased benefit payments drove up government outlays. The figure, released by the Office for…
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HSBC has told thousands of UK employees that their pay could be cut if they fail to meet new in-office attendance requirements, as the bank steps up efforts to tighten its hybrid working policy. In…
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Business
UK’s free trade strategy out of sync with service-driven economy, says Tony Blair Institute
The UK government’s continued focus on traditional free trade agreements (FTAs) is misaligned with the country’s service-based economy, according to a new report from the Tony Blair Institute (TBI), which calls for a fundamental rethink…
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Business
Uber launches Courier service in UK to help individuals and small businesses manage deliveries
Uber has launched a new on-demand delivery service called Courier, designed to help individuals and small businesses across the UK handle everyday errands and deliveries with ease. The service, now live in nine cities and…
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Gresham House Ventures has led a £3.9 million investment round in digital workplace pension provider Penfold, backing the fintech’s continued expansion in the UK SME and accountancy markets. The round also included participation from existing…
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The long-awaited reunion of British rock icons Oasis is not just a cultural milestone — it’s shaping up to be a major economic event. According to new research from Novuna Personal Finance, the Oasis Live…
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Bitcoin (BTC) has reached a new all-time high, briefly touching $111,000, as a confluence of macroeconomic factors and growing institutional interest propels the cryptocurrency into uncharted territory. The landmark moment follows a break above $109,000,…
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Reverse logistics manages product returns, refurbishments, recycling, and waste reduction. It’s not just about fixing mistakes; it’s a strategy to recover value, satisfy customers, and promote sustainability. Businesses that embrace reverse logistics can reduce costs…
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As desert extremes take their toll on vehicles, an increasing number of car owners are seeking out PPF Dubai solutions — paint protection film installations — to preserve their cars’ finish. Industry analysts project robust…