11.8 C
London
Tuesday, May 24, 2022

Business

‘Mona Lisa’ racing car sells for a record breaking £115m

A rare Mercedes-Benz racing car known as the Mona Lisa of cars has been sold by the company for a record £115 million. The 1955...

Concerns surrounding UK Government data skills and technology infrastructure remain

New research has revealed that only one in four civil servants believe their department is following the Government’s National Data Strategy, with skills and...

Death of the office greatly exaggerated, but will never be as busy again

The boss of one of London’s biggest landlords has conceded that offices will probably never again be as busy as they were before the...

Sainsbury’s and Marks & Spencer clash over online tax plans

A battle is shaping up between major retailers over whether the UK should introduce an online sales tax, with Sainsbury’s demanding it to help...

Cornish pub receives framed apology from Vogue publisher after name row

A country pub has received a framed apology from a fashion publishing giant after being threatened with legal action unless the landlords changed its...

Best UK cities outside of London to start a business revealed

Edinburgh, Leeds, and Glasgow have been named as the best cities in Great Britain outside of London to start a business. New analysis which looked...

How to make your business carbon neutral

The government is working to decarbonise the entire UK economy to meet its net-zero 2050 target.  An increasing number of companies seek to get...

Are coworking spaces the future?

The nature of professional life has changed significantly in recent years. The global pandemic and string of lockdowns forced companies across the nation to...

Finance

Internet Explorer 11 retirement – what does it mean for you?

Dougie Belmore is the Chief Payments Officer of Pay.UK, the company which was created to bring together the UK’s foremost payment schemes, including Bacs,...

Cocoa Futures Were Lower on Ideas of Good Midcrop Production

Wheat:  Wheat markets were sharply higher last week on poor overall crop conditions for the HRW crops in the western Great Plains and HRS...

Same Old, Same Old Crummy Market

This week was a frustrating one for me. I had to reconstruct, from scratch, an important and frequently used file in Excel. I like what Excel...

Stock Markets Have Definitely Seen Better Days

It has been difficult finding good news. And even if one does, it doesn’t mean markets will rally. Markets have been selling on both...

Fintech

The Fintech Company Smava Reports Earnings Figures for the First Time

The Berlin credit comparison portal Smava has given, for the first time, earnings figures – and sound quite impressive: As company boss Alexander Artopé...

Drastic Devaluation: Raisin Loses Unicorn Status

Berlin-based fintech company Raisin (“Weltsparen”) has lost its Unicorn status for the moment. According to research by Finanz-Szene.de, Swedish investor Kinnevik values its stake...

Spanish Pharma Companies Increased 23% their Profit in Q1

The Spanish pharmaceutical sector increased its profit in the first three months of the year, thanks to Rovi. Listed Spanish companies in the sector...

First Closing of €95M for Bio, Indaco’s New Fund Dedicated to Biotech

Indaco Venture Partners sgr, among Italy’s leading venture capital investors, announced the first closing at $99.8 million (€95 million) of Indaco Bio, a vehicle...

Latest news

UK watchdog fines facial recognition firm £7.5m over image collection

The UK’s data watchdog has fined a facial recognition company £7.5m for collecting images of people from social media platforms and the web to...

TUC chief calls for directors of P&O Ferries to be disqualified

The head of the Trades Union Congress has written to the Insolvency Service calling for it to disqualify the directors of P&O Ferries after...

Mentors needed to deliver Sunak’s SME business training scheme

Rishi Sunak’s small business management training scheme has awarded an £8 million contract to a consortium of support agencies to recruit thousands of voluntary...

High street retailers pay 755% more in rates than online rivals

Traditional retailers are paying 755% more in business rates than their digital competitors, according to new analysis. Real estate advisory firm Altus Group says that...

Moonpig to snap up gifting group Buyagift in £124m deal

Greeting card giant Moonpig has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m. The acquisition accelerates Moonpig’s strategy of becoming a...

Royal Mail warns it will put prices up again

The prices of parcels and stamps are likely to rise again as Royal Mail tries to cover higher costs, including wages, energy and fuel...

United Kindom COVID-19 Statistics

22,238,715
Confirmed Cases
Updated on 24.05.2022 00:22
177,977
Total deaths
Updated on 24.05.2022 00:22
224,422
Total active cases
Updated on 24.05.2022 00:22