All news by author: Lawrence Matheson
584
Fujitsu boss says there is 'moral obligation' to pay Post Office scandal compo
Fujitsu Europe director Paul Patterson faced a grilling by MPs on Tuesday alongside Post Office boss Nick Read, as public and political anger continues over the Horizon scandal
786
Car insurance premiums rise by two-thirds in a year to record high
The average quoted price of motor insurance jumped by 67.2% in the year to November 2023, according to an index
1290
The Hut Group signs three-year deal with Holland & Barrett as shares jump
The business said that it had agreed for Holland & Barrett to use its Ingenuity platform, a system which works closely together with warehouses to manage online sales
1275
Bob Diamond's Panmure Gordon to merge with Liberum as Rich Ricci takes top job
The newly named Panmure Liberum will be led by Mr Ricci as chief executive and Liberum founder Shane Le Prevost as non-executive chairman
866
Vodafone signs £1.2bn deal with Microsoft to use AI and cloud services
The deal will see Vodafone invest 1.5 billion dollars (£1.2 billion) over the next 10 years in customer-facing generative AI using Microsoft's technologies, as well as digitise its data centres using the US firm's Azure cloud platform
1171
Ocado says it has returned to annual earnings after strong sales growth
The online supermarket said it would meet its forecast to return to earnings for the full year to November 26 after the fourth-quarter performance saw annual sales rise 7% overall
1330
Record number of investors co-file climate resolution at Shell
The resolution, led by Dutch activist group Follow This, has been backed 27 institutions, including Nest, Rathbones, Brunel Pension Partnership and Amundi
947
Scotch whisky industry brings £7.1bn to UK economy
The Scotch Whisky Association said the industry is worth £5.3 billion to Scotland alone
716
New international AI standard published by UK's national standards body
The guidance sets out how to establish, implement, maintain and continually improve an AI management system, with a focus on safeguards
1067
Young people want to go to the office but 'virtually nobody is there'
Gillian Keegan said she worries about young people not engaging and not learning from their seniors because they're working from home
1012
UK wage growth slows to lowest rate for 10 months as jobs market cools
It is the lowest rate since the three months to January last year and one of the steepest falls in earnings growth since during the pandemic
1302
Superdrug reports strong Christmas sales as shoppers get party ready
The retailer said it was 'exceptionally pleased' with the performance
534
Ramsdens profits rise as more people turn to pawnbroking
The group, which has about 160 stores in the UK, said higher living costs has led to more consumers looking for short-term credit
711
Only 55% of donors claimed gift aid last year
The gift aid scheme means registered charities can reclaim income tax on donations made by UK taxpayers, effectively increasing the amount of the donation
762
AI will impact 40% of jobs around the world, warns IMF
The International Monetary Fund (IMF) has warned that artificial intelligence (AI) will impact 40% of jobs around the world, with 60% of roles affected in advanced economies
1257
One in three people lack confidence in their financial resilience - survey
The research also indicated slightly more people (41%) feel confident about achieving their financial goals this year than those who are not confident (36%)
1159
Crest Nicholson lowers profit expectations again as costs mount
The housebuilder also said it is expecting a legal bill for a fire at one of its sites in 2021
1235
PageGroup warns over profits and cuts jobs as hiring slows
The company said it shed 224, or 3.7%, of its fee-earning roles and 57 back office jobs in the final three months of 2023, with reductions made across all its regions worldwide
1218
400 bus manufacturing workers to go on strike for two weeks
Unite members at the Alexander Dennis plant near Falkirk have rejected a pay offer from management
634
'More than half of people say January is the most financially stressful time'
Some 84% of people said they expected this January to be the hardest yet financially, according to research for Nationwide Building Society
778
UK hiring slumps to lowest level in a decade as job vacancies shrink
Accounting and business advisory firm BDO said it has recorded UK employment at its weakest since August 2013 in its latest employment index report
1197
Average asking price of a home jumps by £4,500 in a month, says Rightmove
The number of potential buyers contacting estate agents about homes for sale in the first week of 2024 was 5% higher than in the same period last year, with the growth in activity strongest in London and the North East of England, Rightmove said
840
Paddy Power owner to present last UK results before US listing
The company's shares will start trading in New York on the last Monday of January
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