A former Conservative business secretary has criticised his successors for abandoning industrial strategy, including an “unnecessary act of vandalism” in abolishing a council of industry…
View More Tory former business secretary criticises successors ‘abandoning industrial strategy’Category: personal finance & money management
Barclays to cut costs by £2bn, raising fears of further job losses
Barclays is to cut £2bn in costs, raising fears of further job losses as the lender shrinks its investment bank in a corporate shake-up intended…
View More Barclays to cut costs by £2bn, raising fears of further job lossesSeized ransomware network rewired to expose hackers to world
The entire “command and control” apparatus for the ransomware group LockBit is now in possession of law enforcement, the UK’s National Crime Agency has revealed,…
View More Seized ransomware network rewired to expose hackers to worldElectric flying taxi company gets another £8m from government
Britain’s flying taxi pioneer, Vertical Aerospace, has been handed another £8m grant from the government, taking its total taxpayer backing to £37m as it tries…
View More Electric flying taxi company gets another £8m from governmentWith business empire on brink of abyss, tycoon Trump recasts himself as victim
From Trump Tower on Fifth Avenue to the Trump Building on Wall Street, the Trump World Tower by the United Nations to the Trump International…
View More With business empire on brink of abyss, tycoon Trump recasts himself as victimMicrosoft-backed OpenAI valued at $80bn after company completes deal
Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80bn or more, the New York Times reported on Friday, citing multiple…
View More Microsoft-backed OpenAI valued at $80bn after company completes dealFailure to fix council funding crisis threatens Tory election pledge, adviser warns
The government’s top levelling-up adviser has warned ministers that failure to tackle the funding crisis for councils across England is threatening one of the Conservatives’…
View More Failure to fix council funding crisis threatens Tory election pledge, adviser warnsUK pay growth slows less than expected as workers bid up wages
Pay growth slowed less than expected in December, prompting predictions the Bank of England could start cutting interest rates later than previously expected. Earnings…
View More UK pay growth slows less than expected as workers bid up wagesThree apologises after network outages affect 10,000 customers across UK
Mobile operator Three has apologised as more than 10,000 customers experienced outages after problems with its service over the last few days. The company,…
View More Three apologises after network outages affect 10,000 customers across UKFujitsu bosses have been paid £37m since it won Post Office contract
Bosses at Fujitsu have collected about £37m in pay, bonuses and compensation for loss of office since the technology company won the contract to supply…
View More Fujitsu bosses have been paid £37m since it won Post Office contract