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Ex-chancellor Lord Hammond to chair UK fintech Railsr
Lord Hammond of Runnymede, the former chancellor, is to take on the chairmanship of Railsr, a British-based fintech which was last year rescued from the brink of collapse.Sky News has learnt that Embedded Finance, Railsr’s parent company, will announce on Thursday that Lord Hammond will replace Rick Haythornthwaite, who is stepping down after being appointed …
Business
Euro News
Corporate sustainability rules in doubt after failing secretive national vote
Business
Sky News
Bosses pitch private ‘Pipeline Fund’ to unblock planning logjams
A cabal of senior public and private sector figures is proposing a new funding solution to help local authority planning departments unblock the logjam in planning applications across the UK.Sky News has learnt that a report to be published on Thursday by the Purposeful Finance Commission (PFC) will outline plans for a so-called ‘Pipeline Fund’ …
Business
Euro News
Vodafone in discussions to sell Italian arm to Swisscom
Business
Business Live
AI medical device testing specialist adsilico secures £3.5m investment
A university spin-out that helps test the safety of medical devices before they are used on human patients has landed a multimillion-pound seed investment. Adsilico has pioneered a technique that uses data and generative AI to create “synthetic populations” that can be used for clinical trials. The firm, which was co-founded by scientists at the …
Business
Evening Standard
St James’s Place sets aside £426m for client refunds as shares crash
Business
Sky News
Monica Lewinsky fronts power dressing campaign
Monica Lewinsky has been signed by a major fashion brand to spearhead its latest campaign.The former White House intern turned activist – known for her affair with former US president Bill Clinton – stars in a new workwear campaign by sustainable clothing Los Angeles brand Reformation, which encourages people in the US to vote in …
Business
Sky News
Kellogg’s boss says poor people should eat cereal for dinner
The boss of Kellogg’s has been criticised for suggesting poor people should eat cereal for dinner to save money.Chief executive Gary Pilnick made the comments as he described the company’s efforts to appeal to under-pressure shoppers during an interview in the US. It comes as Kellogg’s, which makes popular cereals including Corn Flakes, Special K …
Business
Euro News
Unitary Patent is game changer, says EPO chief – interview
Business
Euro News
‘Press pause’ on SEPs proposal, Patent Office chief urges lawmakers
Business
Sky News
Mobile phone customers face ‘lose-lose’ situation as bills go up
Mobile phone customers face either a “huge” mid-contract price rise or a “crippling” exit fee from April, according to a watchdog.Which? says Virgin Media and O2 are expected to hike prices by up to 8.8% in April – the highest increase in percentage terms among major providers. The alternative is a potentially “exorbitant” exit fee, …
Business
Sky News
Debanking fears as over 140k business accounts closed in a year
MPs have raised concerns over the treatment of small businesses by major banks after figures showed more than 140,000 accounts were shut down by lenders over the past year.As part of an inquiry into access to finance, the Treasury Committee gathered information from eight banks, including the so-called big four, on how many business accounts …

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