Evri and Yodel named worst parcel deliverers again October 22, 2025 Evri and Yodel have once again been named as the two worst parcel delivery companies in the UK for customer satisfaction, according to a new survey. In regulator Ofcom’s annual survey, Evri posted a dissatisfaction score of 41 per cent with Yodel second worst on 33 per cent. Yodel and Evri only managed satisfaction scores [...]
AI bubble will burst unless businesses can grow 25 times the size of Amazon October 21, 2025 When numbers get large enough they cease to make sense, and the scale of investment in AI is already dwarfing the dotcom bubble, says Chris Clothier Scarcely a day goes by without a new announcement of a huge sum of money to be spent on AI. In early October, Open AI, the company behind ChatGPT, [...]
Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally October 20, 2025 Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]
Amazon Fresh to close all UK stores September 23, 2025 Amazon is set to close all 19 of its Amazon Fresh stores in the UK, just four years after launching its first supermarket outlet in London. It has been revealed that the tech giant plans to convert up to five of these locations into Whole Foods Market stores, a US organic food chain it acquired [...]
Revealed: How much profit Amazon makes in the UK September 10, 2025 Amazon’s UK profit has been revealed – with the total estimated to be well above the £500m mark. Unusually, Jeff Bezos’ empire doesn’t file a single set of group accounts for its UK activities, instead choosing to report each company’s results separately with no parent entity in this country. The picture is also further complicated [...]
Microsoft offers ‘pay-as-you-go’ software concession to cloud rivals after bowing to pressure July 18, 2025 Microsoft will allow its cloud rivals to offer ‘pay-as-you-go’ software to their customers after bowing to pressure over its licensing practices. The US tech giant attracted criticism for the way it offered exclusive software deals to customers of its Azure cloud platform, which rivals said made it difficult for them to compete. But in a [...]
Exclusive: Amazon Prime Day UK sales top £2bn despite consumer caution July 14, 2025 Amazon’s biggest UK shopping event on record has delivered a much needed adrenaline shot to Britain’s faltering retail sector – with online spending during its four-day Prime event topping £2bn for the first time. Consumers splashed out £2.08bn online between the 8th and the 11th July, driven by steep discounts on everything from baby toys [...]
Peter Kyle hits back at claims Labour is too close to Big Tech July 9, 2025 Tech secretary Peter Kyle has hit back at criticism that the Labour government is cosying up to Big Tech, insisting he’s “doing the job” by securing the best deals for Britain. Speaking at a Google Cloud event in London on Tuesday, Kyle addressed recent reports flagging the number of meetings he’s had with US tech [...]
Longest-ever Prime Day to see Brits spend nearly £2bn on Amazon July 8, 2025 A four-day-long Prime event is set to see Brits spend £1.9bn as consumers increasingly look to deals and discounts for their shopping. Retailers are hoping the discount bonanza will be a boon after a tough first half of the year, and a chance to get ahead of what is expected to be a tough second [...]
Amazon’s £40bn investment to create nearly 10,000 jobs June 24, 2025 Amazon will invest £40bn into the UK in the next three years as it looks to boost production and delivery capacity, creating 9,500 jobs in the UK. The investment will provide funds to build four new robotic fulfillment centers, as well to refurbish the media giant’s film studios in Berkshire. The three already-announced high-tech warehouses [...]
