ChatGPT, Claude and Grok are now being put to work picking shares. From a $10,000 trading test to Man Group’s dealing desk, can AI really beat Wall Street?
Category: In Business
Advice on growing your small and medium sized business, SME, in the UK. Hiring and managing staff and finance plus marketing all on one website
Aldi banks on £370m store splurge as discounters keep eating the big four’s lunch
Aldi will open 16 new UK stores this year as part of a £370m investment, pushing towards 1,500 branches. See the full list of locations and what it means.
Reeves cannot ‘act surprised’ as a million pensioners are pulled into the tax net
Rachel Reeves is told she cannot ‘act surprised’ as OBR forecasts show an extra one million pensioners dragged into income tax by 2030-31 through frozen thresholds.
AO World chief blames Labour as record profits mask shift of 200 jobs to South Africa
AO World founder John Roberts blames Labour’s national insurance and minimum wage rises for offshoring 200 jobs to South Africa, even as the retailer posts record profits.
Tax crackdown on Shein and Temu could be fast-tracked as retailers turn up the heat
Ministers are weighing whether parts of the crackdown on the £135 de minimis import relief used by Shein and Temu can land before 2029, as UK retailers demand faster action.
Morrisons feels the squeeze as Lidl edges ahead in the supermarket pecking order
Morrisons like-for-like sales rose 2.2% in Q2 as Lidl leapfrogged it to become Britain’s fifth-largest grocer. Inside the numbers, the debt pile and Rami Baitiéh’s turnaround.
SMEs told to think ‘MATCH’ as a summer of football fuels Britain’s booming event economy
A summer of football and a packed events calendar are reshaping UK trade. Here is how SMEs can use the ‘MATCH’ framework to turn surging demand into profit.
The UK’s 100 biggest businesses hide behind 37,000 company registrations
Beauhurst analysis reveals the UK’s 100 largest businesses are built from more than 37,000 Companies House entities, with one registered over 3,800 times, obscuring the true picture.
Under-16s social media ban branded ‘impractical, illiberal and undesirable’ as industry rounds on government
Experts warn the UK’s under-16s social media ban is ‘impractical’ and no silver bullet. Business Matters rounds up the industry reaction and what platforms must do next.
Beyond the hype: what do British businesses really make of AI?
As MPs launch an inquiry into AI and the future of work, Business Matters asks what British firms really gain from artificial intelligence, and what is holding smaller businesses back.
Barclays snaps up children’s money app GoHenry in £180m bet on customers for life
Barclays is buying children’s money app GoHenry in a deal worth an estimated £180m, the latest acquisition in CS Venkatakrishnan’s UK expansion drive.
Three in four UK firms heading for America have no US trademark protection, research finds
New research reveals 76% of UK companies expanding into the US have no USPTO trademark protection, leaving brands and patents dangerously exposed.
Weight loss jabs wipe £780 million off Britain’s grocery bills as user numbers nearly triple
GLP-1 weight loss drug use in Britain has nearly tripled in two years, wiping £780m off grocery spending. Crisps and chocolate suffer while gum and mouthwash boom.
Brabin backs Tech West Yorkshire as region bids to become UK’s leading tech hub outside London
Mayor Tracy Brabin backs Tech West Yorkshire, a new body uniting 9,700 digital firms across Leeds, Bradford, Wakefield, Calderdale and Kirklees to build a leading UK tech hub.
Amazon pours £1bn into Northamptonshire as 4,000 jobs head to the East Midlands
Amazon opens a £500m robotic fulfilment centre in Northampton and confirms the UK’s largest cross-dock facility for Kettering, taking its Northamptonshire investment past £1bn and creating 4,000 jobs.
