Meta has named former Trump adviser Dina Powell McCormick as president and vice chairman to drive AI strategy and infrastructure funding.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Business costs near tipping point as manufacturers warn investment is at risk
Rising costs are pushing UK manufacturers dangerously close to an investment tipping point, with businesses warning that planned spending could be cancelled or moved overseas unless pressures ease.
Nadhim Zahawi defects to Reform UK, calling Britain ‘last chance saloon’
Former chancellor Nadhim Zahawi defects to Reform UK, backing Nigel Farage and warning Britain is in the “last chance saloon”.
Russell & Bromley faces high street exit as Next takeover puts 450 jobs at risk
Russell & Bromley could disappear from UK high streets as Next moves to acquire the brand, putting 37 stores and 450 jobs at risk.
Jobs market stalls as permanent and temporary hiring both fall
UK hiring slowed again in December as permanent and temporary roles declined, with unemployment already at a four-year high.
Liz Kendall warns xAI over Grok images as UK moves to criminalise non-consensual AI deepfakes
The Technology Secretary warns xAI could be blocked in the UK as new laws target AI-generated intimate images without consent.
Aer Lingus moves closer to closing Manchester base as margins fail to stack up
Aer Lingus is set to stop long-haul flights from Manchester, putting 200 jobs at risk as the airline says margins are no longer viable.
Weight loss jabs are changing how Britain eats – and Greggs is feeling the impact
Greggs boss says weight loss injections are changing customer behaviour, driving demand for smaller portions and protein-rich food.
Soho House shares slide as investor pulls funding from $1.8bn take-private deal
Soho House shares slide after key investor MCR fails to fund a $200m commitment, putting a $1.8bn take-private deal at risk.
More than half of British workers making mistakes due to stress, research finds
New research shows workplace stress is driving mistakes, missed deadlines and sick leave for millions of UK employees.
5,500 small firms urge Reeves to halt ‘apocalyptic’ business rates shock
More than 5,500 small businesses warn Rachel Reeves that looming business rates changes could force permanent closures across UK high streets.
Great British Railways rebrand costs pass £30,000 as rollout gathers pace
The government has spent more than £30,000 rebranding England’s railways under Great British Railways, with full costs still unclear.
U-turn on pub business rates hike expected within days, ministers signal
Ministers are expected to reverse planned business rates hikes for pubs after warnings of closures, while hotels and restaurants remain exposed.
Berkshire Hathaway ends $100,000 CEO salary as Warren Buffett’s successor earns $25m
Berkshire Hathaway has ended Warren Buffett’s $100,000 CEO salary, paying successor Greg Abel $25m as the conglomerate enters a new era.
Trump threatens defence firms over slow weapons production
Donald Trump has warned US defence contractors he will block dividends and share buybacks unless weapons production speeds up, ahead of a $1.5tn defence budget.
