Valentine’s Day derailed as strikes disrupt deliveries from Uber Eats, Deliveroo and Just Eat February 13, 2024 Valentine's Day plans are under threat as a barrage of strikes scheduled for Wednesday could disrupt doorstep deliveries.
NS&I: Premium Bonds odds set to improve to best level in more than 15 years August 8, 2023 Premium Bonds odds will improve to the best level seen in more than 15 years from September, savings giant NS&I (National Savings and Investments) has announced. The odds will improve to 21,000 to one, from 22,000 to one previously – their best level since the April 2008 prize draw. NS&I estimates that there will be [...]
Data attacks set to enter new era under ‘FraudGPT’, warn cybersecurity execs August 8, 2023 A new breed of malicious AI models are “heralding an era of AI-enabled data attacks” on businesses, Darktrace VP of strategic cyber AI Nicole Carignan has warned. Speaking to City A.M., Carnigan said data attacks will become “faster and harder to defend against in the next few years” as new AI systems make attacks more [...]
Saudi Aramco profit plummets 38 per cent… to $30.1bn August 7, 2023 Saudi Arabian state oil giant Aramco reported a near 38% drop in second-quarter net profit on Monday amid weaker oil prices and thinner refining and chemicals margins, as it boosted its dividend with a new performance-linked payout. Aramco’s net profit fell to 112.81 billion riyals ($30.07 billion) for the quarter to June 30 from 181.64 [...]
FCA urges Big Tech to crack down on fraud amid rise in unauthorised firms February 8, 2024 The Financial Conduct Authority (FCA) has launched a fresh call for social media firms to do more to prevent mass fraud on their platforms, City A.M. can reveal.
Water companies need vast sums to meet improvement plans, Moody’s warns October 18, 2023 Water companies across England and Wales will need to find hundreds of billions of pounds to meet their commitments, says Moody's.
House prices surge at fastest pace this year to record £373k despite Bank of England rate hikes May 22, 2023 Britain avoiding a much-forecasted recession has helped push house prices up by the greatest amount so far this year to a record high of £372,894, new figures out today reveal. The average price of a home coming to market climbed 1.8 per cent over the last month, the strongest increase in 2023, according to property [...]
Sir Tim Martin: Wetherspoon boss on Brexit, his successor and how he lost £100m July 16, 2024 Wetherspoon boss Sir Tim Martin reveals the toll being a prominent Brexit campaigner had on him, succession plans and how he once lost £100m.
Budget: ‘Brexit pub guarantee’ means ale is 11p cheaper than supermarket booze but wine guzzlers will pay more March 15, 2023 Beer and other draught products in pubs will be 11p cheaper than in supermarkets, Jeremy Hunt has announced, calling the tax relief a “Brexit pub guarantee” which will come into effect from April 1. In the Spring Budget this afternoon, the Chancellor said that the measure would not have been possible if the UK remained [...]
Currys share price soars as profit guidance lifted after trading ‘better than expected’ May 15, 2023 Currys has lifted its prospects for the rest of the year, saying its profit before tax is expected to be £110-120m, up from previously around £104m. Shares in the retailer jumped almost six per cent to 59.45p following the announcement this morning, to their highest level since early April. Currys, which sells everything from computers [...]