NatWest CEO Acknowledges AI Will Displace Banking Jobs
Business & Markets • 4 months ago
Paul Thwaite joins a growing chorus of financial leaders warning of AI's impact on the workforce.
Business & Markets News
Marks Electrical Fined £720,000 and Ordered to Refund 40,000 Customers
Business & Markets • 4 months ago
Competition watchdog found the online retailer automatically enrolled customers into paid services without explicit consent.
Porsche Taycan EV Gains Virtual Gears to Enhance Driving Excitement
Business & Markets • 4 months ago
The updated 2027 Taycan introduces 'e-shift' technology, simulating gear changes and engine sounds to appeal to traditional car enthusiasts.
Swedish Firm EQT to Acquire Intertek in £10.7 Billion Deal
Business & Markets • 4 months ago
The takeover marks the latest in a series of acquisitions of London-listed companies by foreign bidders.
EV Economic Case Strengthens, But Home Charging Remains Key
Business & Markets • 4 months ago
New data reveals significant savings for electric vehicle owners with home charging capabilities, though public charging costs and upfront expenses still pose barriers.
Premier Inn Owner Whitbread Reports Sales Growth Amid Cost-Saving Measures
Business & Markets • 4 months ago
The hotel group's first-quarter results show Premier Inn outperforming the wider market, even as plans for job cuts and restaurant conversions move forward.
Tesco Sales Growth Slows Amid Consumer Uncertainty and Discount Competition
Business & Markets • 4 months ago
Britain's largest supermarket reported a 1.8% rise in like-for-like sales for its first quarter, falling short of expectations as economic uncertainty and competition from discounters impact household spending.
Impax Trust Chairman Criticizes FCA Over Saba Capital Takeover
Business & Markets • 4 months ago
Glen Suarez, chairman of Impax Environmental Markets, expressed frustration with the UK's regulatory framework after Saba Capital, a minority shareholder, gained control of the £183 million trust.
Price Gap Between Houses and Flats Widens to 30-Year High
Business & Markets • 4 months ago
Buyer reluctance towards leasehold properties contributes to a record disparity in UK housing market prices.