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Novo Nordisk plans quantum computing hub in Denmark
Business
Evening Standard
Santander increases mortgage rates for second time in four days
Business
Business Live
Listed Canadian engineering firm Stantec swoops for Hydrock
An engineering design business that employs hundreds of staff across the UK has been acquired by Canada-based consultancy Stantec for an undisclosed sum. Hydrock is headquartered in Bristol and has 950 employees in 22 offices, including in Birmingham, Manchester, Cardiff, Glasgow, Newcastle, Truro and Plymouth. The company is backed by capital growth investor BGF. Stantec …
Business
Euro News
Novo Nordisk beats Q1 estimates as weight-loss drugs drive growth
Business
Sky News
Goldman Sachs scraps bonus cap for top London-based staff
Goldman Sachs is removing a cap on bonuses for London-based staff, paving the way for it to resume making multimillion pound payouts to its best-performing traders and dealmakers.Sky News can exclusively reveal that the Wall Street banking giant notified its UK employees on Thursday that it had decided to abolish the existing pay ratio imposed …
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Euro News
OnlyFans faces probe over claims children could access adult content
Business
Euro News
OECD economic outlook: Steady global growth expected for 2024 and 2025
Business
Sky News
London’s black cab drivers file multimillion pound lawsuit against Uber
Uber faces a multimillion-pound lawsuit from London’s black cab drivers in a revival of the longstanding dispute over the operation of the ride-hailing app in the UK capital.The action, which will be filed in the High Court on Thursday, alleges that Uber improperly obtained a licence from Transport for London in 2012 and therefore took …
Business
Sky News
Universal artists to return to TikTok as dispute comes to an end
Universal Music and TikTok have ended a dispute over royalties after the label pulled millions of songs from the social media platform.The new licensing agreement means songs by some of the biggest artists in the world, including Drake, Adele and Billie Eilish will return to the site for use within the next two weeks. TikTok, …
Business
Sky News
UK interest rates should stay high until inflation eases further, OECD says
One of the world’s leading economic authorities has warned the UK that borrowing should remain expensive until the rate of price rises eases further and stays there.Interest rates, which are at a post-2008-era high of 5.25%, should stay there, according to the Organisation for Economic Co-operation and Development (OECD). Money latest:Tips for plane upgrades; Bitcoin …
Business
Sky News
Data suggests why Chinese manufacturers dominate in so many sectors
Chinese manufacturers receive nine times more government support than their Western counterparts, according to calculations from the Organisation for Economic Co-operation and Development (OECD) which help explain the country’s complete dominance in so many sectors, from solar panels and batteries to steel.The figures produced by the OECD show that Chinese businesses benefit from government subsidies …
Business
Euro News
Boost for Adidas profits as UK PM Sunak fails to put his foot in it with Samba trainers

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