Category: In Business

Sep 6

Cyclists urged to consider insurance to enhance safety, says Lloyd’s chief

Cyclists should consider taking out insurance to safeguard themselves and pedestrians, according to John Neal, the chief executive of Lloyd’s of London, the world’s largest insurance market. Neal’s comments come in response to a series of serious accidents involving cyclists, sparking renewed debate about the need for mandatory insurance. Describing the idea of insurance for […]
Sep 5

Labour’s affordable housing plan ‘needs more flexibility,’ say small developers

Labour’s plan to mandate that developers build affordable housing on at least 50% of “grey belt” land could render 80% of small development sites unviable, according to research by tech firm Viability. The study suggests that reducing the requirement to 35% would significantly improve feasibility, making 30% of sites viable for small developers. Viability analysed […]
Sep 1

Flight Centre makes gains with SMEs, boosting corporate growth

Flight Centre Travel Group has reported a 10% year-over-year increase in total transaction value for its global corporate business in the 2024 fiscal year, ending June 30, driven significantly by wins among SMEs. The company’s corporate business, which includes SME-focused Corporate Traveler and large-market-focused FCM, reported a total transaction value of approximately $8.2 billion, marking […]
Aug 31

UK government introduces AI training courses for civil servants to boost public sector efficiency

The UK Government has launched nine new artificial intelligence (AI) training courses for Civil Servants, aimed at enhancing digital skills and improving efficiency across the public sector. Led by the Cabinet Office and Government Skills, the courses are designed to prepare civil servants for the growing impact of AI in government operations. The training covers […]
Aug 31

Interest rate cuts could spark renewed interest in green energy investment trusts

Clean energy funds, once a favourite in the investment trust landscape, are poised for a resurgence as lower interest rates reignite investor interest. After years of high premiums and booming demand driven by environmental, social, and governance (ESG) concerns, the sector has faced headwinds from rising rates and easing power prices. However, with the Bank […]