Insolvency practitioners overseeing The Body Shop’s affairs are contemplating a Company Voluntary Arrangement (CVA) as part of a strategic move to save one of Britain’s well-loved high street brands. FRP Advisory, the appointed administrators, have disclosed plans for a potential ...
The UK construction industry has marked a significant turnaround, returning to growth after enduring six consecutive months of decline, as revealed by a closely monitored survey. S&P Global’s survey highlighted a resurgence in civil engineering projects and a stabilization in ...
The British Retail Consortium has sounded a note of caution, warning that the Competition and Markets Authority’s (CMA) stringent approach towards greenwashing could inadvertently hamper retailers’ sustainability endeavours. As the CMA intensifies its scrutiny of companies suspected of embellishing their ...
More investment in AI means that developers will be needed to build and maintain powerful AI infrastructure and products Earlier this year, the Bank of England (BoE) has offered assurances to workers that AI should not be seen as a ...
Cybercrime is a significant issue for businesses of all sizes in the UK. Although we usually hear more about cybersecurity incidents impacting large businesses, smaller businesses are also a target. Recent reports have revealed that a staggering 81% of all ...
One-third of UK business leaders have abandoned plans to use generative AI following the Glasgow Willy Wonka Experience Scandal. The catastrophic chocolate-themed event made headlines around the world after organisers used AI tools to create elaborate and misleading images to ...
The retail landscape is experiencing significant turbulence as a sharp 19% increase in insolvencies underscores the mounting challenges faced by businesses amidst higher interest rates, elevated costs, and restrained consumer spending. According to Mazars, a leading audit, tax, and advisory ...
BRASILIA – A standoff between Elon Musk and Brazil escalated on Sunday when a Supreme Court judge opened an inquiry into the billionaire after Musk said he would reactivate accounts on the social media platform X that the judge had ordered blocked. ...
KYIV – The Ukrainian energy system that was severely damaged by Russian missile attacks in recent weeks is now almost completely stabilized, and the energy ministry on Sunday said no major imports were expected. Ukraine’s electricity imports reached a record high at the end of ...
WASHINGTON – Two key US lawmakers said on Sunday they struck a deal on draft bipartisan data privacy legislation that would restrict consumer data that technology companies can collect and give Americans the power to prevent selling of personal information or compel ...