Marmite and Hellmann’s to join US giant in £50bn flavour deal
Marmite and other iconic brands will join US group McCormick in a £50bn deal, creating a global flavour powerhouse and raising concerns over UK jobs. Read more: Marmite and Hellmann’s…
Business
Oracle cuts thousands of jobs as Ellison doubles down on AI investment
Oracle begins cutting thousands of jobs as it ramps up AI spending, with analysts warning up to 30,000 roles could be affected. Read more: Oracle cuts thousands of jobs as…
UK warned it will rely on US gas as calls grow to boost North Sea output
Britain could rely on US LNG for 60% of gas by 2035, prompting calls to boost North Sea production to strengthen energy security. Read more: UK warned it will rely…
Roadchef secures 75-year leases to unlock £300m motorway investment
Roadchef will invest £300m in UK motorway services after securing 75-year lease extensions, boosting EV charging, HGV facilities and retail. Read more: Roadchef secures 75-year leases to unlock £300m motorway…
UK business investment lags G7 rivals as energy costs bite
UK firms invest less than most G7 peers, with high energy costs and low capital intensity holding back productivity and growth, says IPPR. Read more: UK business investment lags G7…
Middle East conflict hits UK firms but business confidence holds firm
Barclays research shows most UK firms face rising energy costs and disruption from the Middle East conflict, but confidence in their own prospects remains strong. Read more: Middle East conflict…
British Business Bank backs 9fin with $20m as fintech reaches unicorn status
The British Business Bank invests $20m in 9fin as the AI fintech reaches unicorn status in a $170m funding round led by HarbourVest. Read more: British Business Bank backs 9fin…
UK facing worst economic shock in decades – IMF
The UK faces one of the largest economic shocks in years from the Middle East conflict, the IMF has warned Read Full Article at RT.com
UK tech firm Sintela lands $200m US border security deal
Bristol-based Sintela secures $200m US border contract using fibre-optic sensing and AI to detect threats across land and sea borders. Read more: UK tech firm Sintela lands $200m US border…
YouTube named world’s most influential brand as tech dominance grows
YouTube tops global influence rankings as tech giants dominate media impact, with AI brands rising and Elon Musk named most influential CEO. Read more: YouTube named world’s most influential brand…