Barclays has reached an agreement to stay in its Canary Wharf headquarters until at least 2039, in a boost to the London docklands financial district following a string of exits from other high profile firms.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
AI cannot be named as patent ‘inventor’, UK supreme court rules
Artificial intelligence cannot be legally named as an inventor to secure patent rights, the UK supreme court has ruled.
UK signs financial deal with Switzerland
Chancellor Jeremy Hunt is in Switzerland to sign a deal that makes it easier for UK and Swiss financial firms to deal with each other.
World’s biggest offshore wind farm to be built in British waters
The world’s biggest offshore wind farm is to be built in British waters after its developer said it planned to charge consumers higher prices for some of its electricity.
UK inflation rate falls to 3.9%
Inflation has fallen faster than expected to its lowest level in over two years, dragged down by easing petrol and food prices, adding impetus to growing calls for the Bank of England to begin lowering interest rates next year.
Amazon set to bring Warhammer 40,000 shows and movies to the big screen
The maker of Warhammer 40,000, Games Workshop, has finalised a deal with Amazon to bring the characters and stories to the big screen
Google agrees to pay $700m after antitrust settlement over app store competition
Google has agreed to pay US$700m and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with US states and consumers disclosed in a San Francisco federal court.
Apple banned from selling smartwatches in US over medical technology patent infringement
Apple has been forced to stop selling the Apple Watch in the US this week after a landmark lawsuit claimed the tech giant stole technology that monitors users’ vitals.
EU takes action against Elon Musk’s X over disinformation
The European Union has formally announced it suspects X, previously known as Twitter, of breaching its rules in areas including countering illegal content and disinformation.
Ryanair boss Michael O’Leary in line for €100m after shares reach high
The boss of Ryanair, Michael O’Leary, is inching towards a potential €100m (£86m) bonus that would be among the largest in European corporate history, after the no-frills airline’s shares reached a record high.
Pay gap at UK’s largest companies widens
The pay gap at the UK’s largest companies, which measures the difference in earnings between pay packets for chief executives and average employees, rose last year despite upward pressure on wages across the economy.
UK Job vacancies fall below one million
The number of job openings in the UK has dipped below 1 million for the first time since May 2021, signalling that the labour market is cooling off as higher interest rates take their toll on the economy.
Parcel firm Evri admits it deserves poor reputation
Evri has admitted that it has “earned” its poor reputation for customer service, but claims it is turning things around.
Bank of Ireland UK reprimanded for inaccurate data on customers’ accounts
The Information Commissioner’s Office (ICO) has issued Bank of Ireland UK with a reprimand for mistakes made on more than 3,000 customers’ credit profiles.
Call for all Post Office convictions to be overturned
A call has been made for hundreds of Post Office staff wrongly accused of theft and false accounting to all have their convictions overturned.
