Aston Martin Lagonda, the iconic British carmaker known for outfitting James Bond, has announced the sale of its stake in the Aston Martin Aramco Formula One Team as part of efforts to shore up its struggling balance sheet. The $146 million deal, revealed in a binding letter of intent this week, values the Formula 1 … Read more
Millions of car buyers who were hoping for compensation over mis-sold motor finance have been denied redress following a significant ruling by the UK Supreme Court, in a partial victory for lenders that reins in what could have been a multibillion-pound scandal. The decision overturns core elements of a 2023 Court of Appeal judgment that … Read more
Heathrow Airport has unveiled updated plans to build a third runway by 2039 at a revised cost of £21 billion—up from £14 billion in 2018—citing “construction inflation” and growing passenger demand. The proposal, submitted to the UK government for review, includes a 3,500-metre runway located to the north-west of the existing site. The airport has … Read more
Meta and Microsoft have added a staggering $500 billion in combined market value overnight, following blockbuster earnings reports that exceeded Wall Street expectations and sent their share prices soaring. The surge marks a major milestone for both tech giants—and a moment of triumph for investors riding the artificial intelligence wave. Meta, the parent company of … Read more
Lauren Guthrie, entrepreneur and finalist from the first series of The Great British Sewing Bee, is weaving a bold new chapter for her Birmingham-based business, Guthrie & Ghani, following a transformative experience on the government-backed Help to Grow: Management Course. Guthrie, a leading figure in the UK’s sewing and craft scene, founded the business with … Read more
Labour’s former shadow chancellor Anneliese Dodds has called on the Treasury to consider a wealth tax ahead of this autumn’s budget, warning that the government cannot avoid “big decisions” on how to fund growing public spending demands. Dodds, who served under Keir Starmer and resigned earlier this year over the government’s decision to cut international … Read more
Adventure tourism includes thrilling pursuits like trekking rugged trails, exploring deep caves, rafting wild rivers, and experiencing safaris in remote wildernesses. These activities attract travellers seeking unique challenges and unforgettable experiences. Beyond the adventure itself, this fast-growing sector significantly impacts emerging markets in various ways. So, let’s explore five ways in which it shapes economies … Read more
The current business landscape is complex and ever-changing. Buying cycles involve several stakeholders, forcing sales teams to upskill and broaden their expertise in effective tactics. Transitioning from traditional interactions to virtual selling adds another layer of intricacies, demanding digital proficiency and self-initiative. The digital sphere also changes sales operations and customer interactions, highlighting the need … Read more
Businesses adopting the direct-to-consumer model are on the rise today. On the other hand, traditional businesses following conventional techniques still struggle to achieve this success. A major reason for their struggle is not to update strategies. It unintentionally results in not meeting the consumer’s expectations. Things are different today and consumers prioritise convenience. That’s why … Read more
Technology Secretary Peter Kyle has welcomed a “speedy and decisive” crackdown by Ofcom on dozens of pornographic websites failing to implement robust age verification, marking the first major enforcement under the new Online Safety Act. Ofcom confirmed today it is investigating 34 adult websites to determine whether they are complying with legal obligations to prevent … Read more