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Sky News
UK risks losing AI leadership without data strategy
The UK needs a strategy to meet growing demand for data centres or risk losing its advantage in the race to develop artificial intelligence (AI), one of the sector’s largest players has told Sky News.Data centres – warehouses housing processors that power cloud computing – are central to the digital economy. They provide the power, …
Business
Evening Standard
SNP brands UK Government ‘clueless’ over carbon capture decision
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The SNP has accused the UK Government of being “clueless” for favouring two carbon capture projects in England over one in Scotland.Prime …
Business
Evening Standard
FTSE 100 finishes in the red despite US jobs boost
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The FTSE 100 finished slightly down after a mixed day on Friday, as rising oil prices and strong US jobs figures prevented …
Business
Evening Standard
Marston’s set to reveal stronger sales despite damp summer
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Pub group Marston’s is expected to report stronger sales for the past year despite wet weather dampening summer trade.The group, which runs …
Business
Sky News
Private equity backer picks bankers to tee up sale of country club group
The owner of one of Britain’s biggest chains of country clubs has hired bankers to oversee a sale of the business.Sky News has learnt that Epiris, the private equity firm, has appointed DC Advisory to run an auction of The Club Company that could kick off as soon as this year. Buyout industry sources said …
Business
Business Live
Georgian hotel in Exeter sold to family-owned operators
A Georgian-era hotel in Exeter has been sold off for an undisclosed sum. The Harries-Jones family, who own and operate the Galaxie Hotel in Oxford, has taken over Queens Court Hotel in the city centre. The Grade II listed property near Exeter St David’s and Central station has 20 guest rooms and currently operates as …
Business
Evening Standard
Private demand for new diesel cars growing faster than for EVs
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Private demand for new diesel cars is growing faster than for pure battery electrics, new figures show.The Society of Motor Manufacturers and …
Business
Evening Standard
Construction firms report fastest growth in two years as recovery gathers pace
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The UK’s construction sector grew at its fastest rate in more than two years in September amid a sharp upturn in major …
Business
Evening Standard
Interest rates should not be cut ‘too far or too fast’, warns Bank economist
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The Bank of England should be cautious about cutting interest rates “too far or too fast”, the central bank’s chief economist has …
Business
Evening Standard
Watches of Switzerland buys US luxury watch enthusiast platform
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Watches of Switzerland has bought a New York-based watch enthusiast platform, as the groups pledged to maintain “impartial journalism” and cover brands …
Business
Evening Standard
Pound tumbles after Bailey suggests rate-cutting could be ‘more aggressive’
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The pound slumped to its worst single-day performance for more than a year on Thursday after the governor of the Bank of …
Business
Sky News
‘Criminal activity’ blamed for new UK cars entering sanctioned Russia
The boss of the UK motor industry’s lobby group has blamed “criminal activity” for UK-made luxury cars finding their way into sanction-hit Russia.The chief executive of the Society of Motor Manufacturers and Traders (SMMT) Mike Hawes was speaking just over a week after Sky News uncovered a system of getting vehicles from the UK and …

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