Category: Business
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Business secretary under fire over delayed talks as Vauxhall confirms Luton closure
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The Business Secretary is facing accusations of failing to engage fully with Vauxhall’s parent company Stellantis ahead of its decision to close its Luton truck manufacturing plant – a move that puts up to 1,100 jobs at risk. Critics claim the government neglected to maintain meaningful dialogue for months despite…
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How 5G Technology Is Changing Business Operations In the UK
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5G technology represents a major leap forward in mobile communications, offering faster speeds, lower latency and greater capacity compared to its predecessor, 4G. Its introduction is not only changing the way we connect to the Internet, but is also reshaping various industries, including business operations across the UK. 5G technology…
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The Next Frontier of Business Intelligence
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Artificial Intelligence (AI) has transformed from a speculative idea into a critical technology that is revolutionizing many industries and uses. The transformative impact is evident in the continued expansion of AI as a driving force for business intelligence. Today we will examine the evolving landscape of AI in business and…
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10,000 small business leaders enrol in government-backed management training scheme
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More than 10,000 people running small businesses have enrolled in the Help Grow: Management programme, a government-backed training initiative aimed at strengthening leadership and boosting productivity. By September, 10,635 people had signed up, and 7,860 people had completed the 12-week course since its launch in June 2021. The scheme, which…
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UAE buys Mclaren’s automotive business following record losses
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Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the iconic British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic car brands. The deal follows a difficult period for the Woking-based company, which posted a record annual…
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Brits brave storms to back small businesses, spending £634m on Small Business Saturday
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Strong consumer solidarity prevailed on Saturday for small businesses despite stormy conditions sweeping the UK. According to new research from American Express, more than 10 million Britons shopped at independent retailers on December 7, braving the influence of Storm Darragh to pump an estimated £634 million into small businesses both…
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Habib Bank Zurich plc Partners with nCino to Power an Enhanced Digital Experience for its Buy-to-Let Lending Business
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on December 11, 2024 • 3 minutes…
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Vodafone faces £120 million franchisee legal battle over alleged ‘bad faith’ business practices
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Vodafone is facing a legal claim worth more than £120 million brought by 61 current and former UK franchisees, representing one of the largest franchise-related claims against a major British company. The group of claimants, who are several long-standing and loyal franchise partners who started their careers with Vodafone, allege…
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UK job vacancies fall at fastest pace since pandemic as business mood darkens
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UK employers reduced recruitment efforts sharply in November, with job vacancies falling at their fastest rate since the start of the pandemic. New data from KPMG and the Recruitment and Employment Confederation (REC) reveals that demand for staff has fallen at a “sharp and accelerating pace”, indicating deepening labor market…
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How G-BRIS Streamlines Business Research and Enhances Creditworthiness Assessments for SMEs
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If you run an SME, you know how difficult it is to find valid data for any business. Whether it involves vetting a potential partner or supplier, accessing valid company records can make or break deals. However, having to navigate through fragmented resources or outdated information is tiring and time-consuming.…
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Thoroughbred Horses in the UK Becoming a Globally Renowned Business
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The UK has established itself as a leader in equestrian excellence, with its Thoroughbred horses world-renowned for their pedigree, performance and stature. As global demand for elite Thoroughbred horses continues to grow, the UK horse industry has blossomed into a dynamic and influential enterprise, shaping markets and competitions on an…
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Business lobby groups criticised for failing to block national insurance hike
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Britain’s largest business lobby groups, known collectively as the B5, have faced criticism for failing to prevent a major rise in employers’ National Insurance contributions, announced in Rachel Reeves’ October Budget. The £25 billion increase has sparked widespread business backlash, with some questioning the effectiveness of the Confederation of British…
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Business lobby groups criticised for failing to block national insurance hike
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Britain’s largest business lobby groups, known collectively as the B5, have faced criticism for failing to prevent a major rise in employers’ National Insurance contributions, announced in Rachel Reeves’ October Budget. The £25 billion increase has sparked widespread business backlash, with some questioning the effectiveness of the Confederation of British…
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Alibaba.com backs athlete365 business accelerator to empower olympic athletes
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In an important step to bridge the gap between elite sports and entrepreneurship, the International Olympic Committee (IOC) has partnered with Alibaba.com to launch the fourth edition of the Athlete365 Business Accelerator programme. The initiative aims to provide current and former Olympic athletes with the skills and resources necessary to…
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Is MicroStrategy’s Bitcoin Gameplan A Risky Business? Anthony Pompliano Thinks So
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An analyst has analyzed the strategy behind MicroStrategy’s aggressive Bitcoin acquisition, which is gaining attention due to the cryptocurrency’s soaring price. Anthony Pompliano, founder and CEO of Professional Capital Management, understood the mathematical reasoning behind the company’s investment move but also warned that any investment is exposed to potential risks.…
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Labour’s tax hikes dampen UK consumer and business confidence
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Consumer and business confidence fell in the UK as Labour’s tax hike budget raised concerns about employment, rising costs and economic growth prospects. UK consumers and businesses have become more pessimistic about the state of the economy following Labour’s budget tax hike, which has raised concerns about employment and escalating…
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The Importance of Insurance For Business
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The modern business environment can be unpredictable, and insurance may be necessary to protect business interests, regardless of size or industry. Business insurance should not be considered a formality, as it can be vital to the long-term sustainability of the business. Read below to explore the critical importance of corporate…
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Business Owners Criticise Tax Hikes, Urge Chancellor Not to Hinder Growth
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Entrepreneurs and family business owners have expressed grave concerns over the recent tax increases announced in the Budget, warning the government against undermining their passion for growth. Criticisms focus on measures they believe will significantly impact their businesses, including increased employer National Insurance contributions, changes to inheritance tax on family-owned…
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AYURCANN PROVIDES UPDATE ON BUSINESS COMBINATION
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on November 20, 2024 • 5 minute…