The UK enjoys a competitive advantage in a third of green products and services, positioning itself ahead in the global race to achieve net zero, according to a new report by the Institute for Public Policy Research (IPPR), a progressive thinktank. Despite experiencing four decades of industrial decline, the IPPR highlighted that UK firms are […]
Tesco is under fire from charities struggling to distribute unwanted food to homeless and hungry people due to new rules requiring evening-only collections. The supermarket giant has transitioned to a system where charities must collect surplus food, such as items nearing their best-before dates, only in the evening when stores close, rather than the following […]
OpenAI has launched GPT-4o, the latest iteration of its AI chatbot, promising enhanced speed, conversational prowess, and expanded capabilities. This new version, available to all ChatGPT users, introduces features like image analysis, language translation, and emotion recognition, along with improved memory for recalling past interactions. GPT-4o boasts faster response times and a more natural conversational […]
The UK economy is poised for accelerated growth this year, with analysts revising GDP forecasts upwards following robust first-quarter performance that saw GDP expand by 0.6%, marking the fastest growth in nearly three years. Investment banks and City consultancies have responded positively to the data, signalling a brighter economic outlook and increased momentum for recovery. […]
London-based specialist lender Simply Asset Finance has reached a significant milestone, posting a record annual revenue of £52.3 million for the fiscal year 2023, marking a remarkable 37% increase from the previous year. This achievement underscores the growing trend of small and medium-sized enterprises (SMEs) seeking alternative financing options over traditional big banks. Despite challenges, […]
Former Chancellor Nadhim Zahawi has confirmed to the BBC that he paid nearly £5 million to authorities to settle his tax affairs. The settlement was related to an investigation by HMRC into the allocation of shares in YouGov, a polling company he had founded before becoming an MP. Mr. Zahawi expressed regret for not being […]
Lidl has raised its basic wages to match those of its competitor Aldi in a bid to attract and retain staff. The supermarket’s new hourly rates of £12.40 for workers outside greater London and £13.65 for those within the M25 motorway now align with Aldi’s pay scale. This move positions both German discount chains ahead […]
Gillian Keegan, the Education Secretary, has voiced concern over a noticeable surge in children skipping school on Fridays, attributing the trend to parents who work from home. Keegan highlighted a significant rise of 50,000 more pupils absent from schools towards the end of the week compared to Mondays, posing significant challenges for educational institutions. Parents […]
There may be few certainties in life, but when it comes to the marketing world, there are several hard facts that account for why it is really, really tough to go from being a small business to a large one. Some of these issues are simply a byproduct of how our economy works, while others […]
NatWest Group has announced today that it has now lent over £1.5bn to female-led businesses since 2021, and is on track to exceed its target to lend £2bn by the end of 2025. This is a faster pace than expected, and shows the appetite of successful, women owned businesses to scale. Regionally, women in the […]