Category: In Business

Sep 11

Global SMEs show resilience and optimism as Alibaba.com sees near 70% rise in super September orders

Global SMEs are showing increasing optimism about their future prospects, according to the new Global SME Confidence Index from Alibaba.com, a leading B2B e-commerce platform. The study with SME decision-makers across France, Germany, the UK, and the US, highlights a strong sense of resilience as SMEs navigate a challenging business landscape. The report found that […]
Sep 10

Google faces antitrust trial over ad dominance as US justice department claims anti-competitive tactics

Google is facing accusations from the US Department of Justice (DoJ) of suppressing competition to gain dominance in the display advertising market, driving up costs for publishers and advertisers. The claims emerged on the first day of a landmark antitrust trial at a federal court in Alexandria, Virginia. “Google is not on trial because they […]
Sep 9

Britain’s exporters lack expertise, survey reveals

Britain’s exporters are feeling increasingly ill-equipped to seize international opportunities, according to the latest annual research commissioned by the Department for Business and Trade. The survey of 3,000 businesses with revenues exceeding £500,000 found that only 18% considered themselves experts in exporting last year, down from 24% the previous year. This is the lowest level […]
Sep 7

Scaramucci warns unrealised gains tax would devastate US capital markets

Anthony Scaramucci, former White House communications director and founder of SkyBridge Capital, has warned that a proposed capital tax on unrealised gains could severely damage US capital markets. In an exclusive interview with Saxo for their US Election Hub, Scaramucci expressed scepticism over the feasibility of the tax, introduced by Kamala Harris, suggesting it would […]
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 […]