UK businesses wasting millions on ChatGPT-style AI tools October 10, 2025 Companies could be wasting millions on AI tools like ChatGPT, Microsoft Copilot, and Claude as they rush to boost productivity. MIT’s State of AI in Business 2025 study found that while employees in over 90 per cent of companies regularly use personal AI tools, only 40 per cent of organisations have official LLM subscriptions. Despite [...]
Parliament must ‘challenge’ Labour’s handling of China spy case October 10, 2025 Parliament has to “challenge the government’s handling” of the collapsed case against two men accused of spying for China, a senior Tory has told City PM. Speaking to City PM, David Davis MP, stated the issue must go to Parliament, “given that the government has quite explicitly put commercial interest ahead of the security and integrity [...]
Israel-Premier Tech cyclist says he’s facing £26m damages claim October 10, 2025 A former Israel-Premier Tech cyclist has said he is facing a damages claim of £26m following the voluntary termination of his grand tour contract. Canada’s Derek Gee was part of the Israel-Premier Tech team until September, when he left the side in a move he described as “nothing more than an exercise” of his “fundamental [...]
Manchester United stadium plans move into next phase October 10, 2025 Manchester United have moved into the next phase of their stadium build after co-owner Sir Jim Ratcliffe insisted they can be the most profitable club in the world. Foster + Partners unveiled designs for a new edition of Old Trafford, which will be located on land adjacent to the Theatre of Dreams, in March. It [...]
Forget strategy, company culture is the trump card for struggling businesses October 10, 2025 Up against changing tech, tariffs and government policy, it's company culture, not strategy, that will help businesses, writes Chris Lewis.
OBR risks being ‘unreasonably pessimistic’ as Reeves set to be given leeway October 10, 2025 The Office for Budget Responsibility (OBR) risks being “unreasonably pessimistic” if it decides to downgrade productivity growth trends by more than 0.1 percentage point, fresh analysis has indicated, in what could hand Chancellor Rachel Reeves some extra leeway at this year’s Budget. The fiscal watchdog is widely expected to downgrade productivity forecasts as part of [...]
British icon in the red after Rachel Reeves’ tax hikes costs jobs October 10, 2025 John Smedley, the historic family-owned luxury knitwear brand, has been forced to raise prices and make redundancies as it battles Chancellor Rachel Reeves’ tax hikes as it fell into the red. The Derbyshire-headquartered business can trace its roots back to 1784 and is currently run by the eighth generation of the Smedley family. Executive chairman [...]
Budget rumours spark a surge in client queries for financial advisers October 10, 2025 Independent financial advisers have seen a significant uptick in client enquiries in the run up to the Budget, as speculation over tax changes continues to plague Brits. According to analysis from wealth management firm, Rathbones,90 per cent of independent financial advisers (IFAs) have reported a spike in client enquiries as the November Budget inches closer. [...]
Former Chelsea chief lands role with Hong Kong Jockey Club October 10, 2025 Former Chelsea chief Casper Stylsvig has been appointed sports business executive director of the Hong Kong Jockey Club. Stylsvig had been stalwart of Chelsea since 2023 – having also held roles at Fulham, Barcelona, Manchester United and AC Milan – but departed the club in September with some reports citing the failure to secure a [...]
Google could be forced to change search in the UK October 10, 2025 Google may be forced to make changes to how its search engine operates in the UK after the competition watchdog granted it ‘strategic market status’ under the country’s new digital markets regime. The Competition and Markets Authority (CMA) confirmed the designation on Friday, giving it new powers to impose rules on Google’s search and advertising [...]
