Ofgem: Energy price cap will rise in April
Households will pay an extra £9.25 for their electricity each month from April as Ofgem increases its energy price cap by 6.4 per cent. The price cap – which sets a maximum rate per unit and standi
Croda International’s profit slumps as sales take a hit
Croda International reported a slight decline in sales for 2024, with revenue falling one per cent at constant currency to £1.63bn. Excluding Covid-19-related lipid sales from 2023, underlying sales
Unite’s sales boom as student housing demand shows no sign of slowing
Unite Students has reported double-digit growth as demand for student housing continues to far outpace supply. The FTSE 100 firm, which owns and manages university housing, reported earnings of £213.
Smith+Nephew’s profit jumps as transformation play pays off
Smith+Nephew reported revenue growth for 2024, as the company’s 12-Point Plan delivered improved financial performance, better margins, and stronger cash flow. The medical technology reported revenu
Artists, do not be afraid! AI will be good for creativity
AI can open new paths for storytelling. Creatives should welcome, not fear it, writes Outernet CEO Philip O’Ferrall.
HSBC bets £30m on fintech Clearscore
HSBC Innovation Banking has backed global fintech Clearscore lending £30m in debt financing. After first partnering in 2017, the fintech said the continued support of the bank will help drive further
AI will help us all live longer – that’s a business problem
AI is solving medical problems at unthinkable speeds, but it's not just the pharma industry that should prepare, writes Paul Armstrong.
Britain’s hospitality leaders face a crisis of confidence as tax rises bite
Optimism in Britain’s hospitality sector has continued to slip, with only a third of leaders confident about the next year of trading as cost pressures mount. It’s the fifth month in a row that th
UK newspapers join creative industry in protest against AI copyright plans
UK newspapers have joined forces with musicians, authors, and other creatives to oppose government proposals that could allow AI firms to train models on copyrighted material, without compensation. Ne
Retail crime bill goes before Parliament – but it doesn’t include delivery drivers
The government’s crime and policing bill will go before Parliament today, February 25, but detractors have said it does not go far enough to protect delivery drivers. Although delivery drivers do no