Putin poised to unleash cyber attacks on UK, minister warns
The UK faces an imminent threat of crippling cyber attacks from Russia, capable of “turning out the lights for millions,” a senior minister will warn at a NATO cyber defence conference in London. Pat McFadden, the Chancellor of the Duchy of
Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has reported a further £18.3m loss, raising fresh concerns over its financial sustainability. Auditors have warned the business remains reliant on ongoing support from its parent company, Ineos,
UK Companies Slash Hiring Plans Following Reeves’s Tax Increases
Nearly two-thirds of UK companies are set to scale back hiring plans in response to the Chancellor’s £40bn tax hike, according to new polling by the Confederation of British Industry (CBI). The survey of 266 business leaders found that 62% intend
UK Hotel Pricing Tech Firm Lighthouse Becomes Latest Unicorn with $370 Million Investment
Lighthouse, a London-based software company specialising in hotel room pricing, has become Britain’s newest unicorn after securing a $370 million (£293 million) investment from American private equity giant KKR. The substantial funding elevates the company’s valuation to over $1 billion, a
Salaries in the UK Rise at Fastest Rate in Three Years Amid Christmas Hiring Surge
Christmas hiring is revitalising Britain’s job market, with annual salaries increasing at the fastest rate in three years, according to recent figures. The average advertised salary reached £39,234 last month, marking a 6% rise compared to the same period last year