UK SMEs could ‘unlock £78bn’ by using AI May 21, 2025 The UK’s small and medium enterprises (SMEs) could unlock up to £78bn for the economy over the next decade through greater adoption of generative AI. Despite the transformative potential of AI tools like ChatGPT, Copilot, and other large language models (LLMs), uptake among SMEs remains limited. Less than one in five small businesses are currently [...]
Cyber attacks will get worse without serious regulation, experts say May 20, 2025 Cyber experts have said that changes must be made to reverse three years of damage to companies’ supply chain security after a spate of attacks on UK retailers. Their warnings follow yet another cyber attack at a UK firm, this time Peter Green Chilled – supplier to Tesco, Sainsbury’s and Aldi. “It is not a [...]
Diploma: Shares in FTSE 100 firm rocket after profit upgrade May 20, 2025 Shares in FTSE 100 firm Diploma rocketed on Tuesday after the firm upgraded full-year guidance and delivered a strong performance for the first six months of its financial year. In its half-year report, the company, which distributes specialised technical products and services, noted a 14 per cent jump in revenue to £728.5m. Organic revenue growth [...]
Tesco and Sainsbury’s supplier hit in latest cyber attack May 20, 2025 A key logistics supplier to several of the UK’s major supermarkets, including Tesco and Sainsbury’s, has confirmed it is being held to ransom by hackers following a cyber attack that disrupted operations this week, following a string of assaults on UK retail in the last month. Peter Green Chilled, which also supplies Aldi, said it [...]
Are cyber attacks about to become the norm for British retailers? May 20, 2025 In the last month, cyber attacks have gone from a destructive but uncommon issue to the top of most Brit’s news feeds. Marks and Spencer’s, Co-op, Harrods – plus the international Dior and Coinbase – have all been the target of attacks in the last months, with more unsuccessful or smaller attacks likely to have [...]
Exclusive: Channel 4 launches video on Spotify May 20, 2025 Channel 4 has become the first UK broadcaster to bring video programming to the streaming platform, in a move that will see episodes from its youth-focused digital brand. While Spotify continues to broaden its video offerings beyond just music and podcasts, Channel 4 is seeking to expand its reach among a younger audience through new [...]
What’s wrong with the UK ticketing industry? May 20, 2025 It took just minutes for Oasis tickets to disappear. But, in the rush to secure a seat for one of Britain’s most anticipated reunion tours, thousands of fans were left empty handed, frustrated, and in too many cases – swindled. The chaos that followed didn’t just expose demand for a beloved band, but revealed the [...]
Thousands of university spinouts at risk over poor levels of support, experts warn May 19, 2025 The UK could be missing out on thousands of cutting-edge spinout companies amid a dearth in funding and a shortage in support for founders, experts have warned. In October, the government committed as much as £40m to support spinouts over a five-year period in a bid to bridge the so-called “valley of death” between academic [...]
Brits spend £5bn to avoid ads on Netflix, Amazon Prime, Disney+ and Spotify May 19, 2025 Brits are spending a staggering £5bn a year just to avoid ads on leading streaming services, according to a new report. In a bid to keep binge-watching and playlist-streaming interruption-free, a new Finder report found that over 31m UK adults now pay for premium, ad free subscriptions across Netflix, Amazon Prime, Disney +, and Spotify. [...]
M&S attack exposes long term cyber fallout for UK firms May 19, 2025 The long tail of cyber attacks is becoming clearer, and more costly, for UK businesses. New data from Hiscox revealed the long term brand and commercial damage from breaches has more than doubled in the past year, underscoring the mounting risks in an AI-driven threat landscape. In its latest cyber readiness report, Hiscox found that [...]