British government announces £100 million investment into new AI Taskforce
The PM and the Technology Secretary have announced funding for a new Taskforce intended to guide the safe development of artificial intelligence in the UK.
London seeks to keep Europe fintech crown despite Brexit
Britain's exit from the European Union without an EU-London deal on financial services has complicated access to the gigantic market and talent.
Is 'big business' in the US left-wing?
ESG has long been more than a buzzword. It has become a slogan used by activists, but also fund managers and corporate leaders to push through certain ideas of "sustainability," "diversity," etc.
BuzzFeed to close news operation
Shares in BuzzFeed, known for its viral content and journalism, plunged more than 20 percent on Wall Street following the news.
Recent report reveals only one in 40 UK companies adopt net zero targets
Only one in 40 UK companies have fully adopted the most challenging "gold standard" targets for setting a course to net zero, a report by the IPPR has revealed.
Security guards at London's Heathrow airport to strike in May
The airport's management insist they have been engaged in talks with Unite for months and had improved a 10 percent pay rise offer with a further £1,150 lump sum this year.
UK records western Europe's highest inflation as March fall disappoints
Britain was the only country in western Europe with double-digit inflation in March after it fell less than expected, official data showed on Wednesday, bolstering bets that the Bank of England will raise interest rates again in May.
Big consultancies promise change amid scandals, but what about employees?
Amid grand promises of change, have the top guns of management consulting forgotten two key stakeholders: junior consulting staff and impacted client staff?
Strong UK pay growth boosts chance of Bank of England rate rise
British wages rose faster than anticipated last month, in a move that economists judge may tip the Bank of England towards a further rise in interest rates next month, despite an unexpected increase in joblessness too.
UK government's updated Net Zero Strategy welcomed by finance industry
The Government's updated Net Zero Strategy, which now recognises the key role played by UK-based professional bodies, has been welcomed by the finance industry.
Rishi Sunak investigated over wife's interest in UK childcare firm
British Prime Minister Rishi Sunak is being investigated by parliament's standards watchdog over whether he properly declared his wife's shareholding in a childcare company which stands to benefit from new government policy.
UK nurses prepared to strike until Christmas: union leader
Members of the union rejected a government pay offer on Friday and immediately announced an escalation in strike action.
UK Government announces £150 million investment into new Wireless Infrastructure Strategy
As part of its Wireless Infrastructure Strategy, the UK government has announced an investment package worth £150 million with commitments to 5G adoption and the development of 6G that will boast digital connectivity across the country.
Strikes weigh on UK economy which stagnated in February
Britain's economy stagnated in February as strikes by public workers hit output but a bounce in January was stronger than first thought, meaning a recession is a bit less likely to be brewing in early 2023, official data showed.
The 2023 Gender Pay Gap report shows little progress has been made
Analysis from the World Economic Forum last year estimated it would take 132 more years to close the gender pay gap - a disparity which has made little progress this year.
Approximately 3.7m people in the UK are working low-paid and insecure jobs
The Good Business Charter has redefined its brand to encourage ethical business practices across 10 key areas as poor business practices continue in the UK economy.
G7 finance leaders pledge financial stability, supply chain diversity
Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system.
How is the UK's rising inflation impacting the cost of living crisis?
The Office for National Statistics reported that the "prices of food and non-alcoholic drinks rose at the fastest rate in more than 45 years in the 12 months to February 2023."
Nasdaq Ventures invests £3.5m into UK-based governance platform
Today, Nasdaq Ventures announced the completion of a £3.5m Series A investment into Kuberno. The company's co-founder believes this will help "Kuberno accelerate its international growth and expansion into new markets".
Millions of UK businesses at risk of shutting down due to delayed payments
As the tough economic conditions hit SMEs, UK businesses are at an increased risk of facing delayed payments from customers, says debt collection agency.
Britain names MI5 deputy as first female cyber spy boss
Britain named Anne Keast-Butler as the first female director of its intelligence communications agency GCHQ on Tuesday, tasked with protecting the country from terrorists, cyber-criminals and malign foreign powers.
Britain braces for 'unparalleled' disruption from doctors' strike
Junior doctors in Britain began a four-day strike over pay on Tuesday that is likely to cause unprecedented disruption to the state-funded National Health Service (NHS), prompting the government to warn of a risk to patient safety.
Why do 71% of UK professionals wish to return to their pre-Covid employers?
Many UK employees are willing to return to their pre-covid employers. However, managers are reluctant to rehire former staff in the current labour crisis.
WANdisco sees senior resignations on heels of £92m financial scandal
WANdisco confirmed in March that falsified data overstated revenue by £92 million. The firm says the irregularities point to one senior sales employee.
US welcomes World Bank reforms, pushes for more ambitious changes
The United States on Monday welcomed plans by the World Bank to boost its annual lending by $5 billion to address global challenges including climate change over the next 10 years, but said it was pushing for more ambitious changes soon.
Is Saudi Arabia's Vision 2030 possible?
The Financial Sector Conference 2023, hosting 3,000 visitors and 60 plus speakers, focused heavily on Saudi Arabia's Vision 2030, with talks of SVB's collapse and women inclusion in the workforce highly present.
Consumer Sentiment Analysis Reveals the Best U.S. Business Banks
Rapid technological advances and fast-changing consumer behaviors have forced retail...
Yellen tries to assuage investor fears as bank stocks slide
U.S. Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and promised policymakers had more firepower to battle any crisis even as bank stocks resumed their slide on Thursday.
UK Workers remain divided over Hunt's Spring Budget announcements, new survey shows
A recent survey reveals that the UK workforce is divided over Jeremy Hunt's Budget announcements, with the CEO of CV-Library stating that "personal finances remain the key driver for the overwhelming majority".
Energy bill support pushes UK budget deficit to February record
Britain's government borrowed more than expected in February, official data showed on Tuesday, but finance minister Jeremy Hunt may still hope that falling energy costs and inflation will offer leeway later this year for a pre-election tax cut.