Business

Rejection of Employment Rights Bill amendments ‘disappointing’, warns APSCo UK

Rejection of Employment Rights Bill amendments ‘disappointing’, warns APSCo UK

The rejection of proposed amendments to the government’s Employment Rights Bill risks creating unnecessary barriers to growth and worsening conditions in the UK labour market, according to the Association of Professional Staffing Companies (APSCo UK). Samantha Hurley, Managing Director at APSCo UK, described the decision as “disappointing” and said recruitment experts and business leaders had been ignored despite raising concerns …

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Women founders secure 25% less than men at exit, Evelyn Partners reveals

Women founders secure 25% less than men at exit, Evelyn Partners reveals

Women entrepreneurs are achieving 25 per cent lower valuations than their male peers when exiting their businesses, according to new research unveiled by Evelyn Partners at its No Diversity, No Deal event in Glasgow. The preliminary findings, drawn from Evelyn Partners’ upcoming Next Exit report, reveal that male business owners secured an average of £5.2 million at exit compared to …

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Former IoD chief Anna Daroy banned for 11 years over Covid Bounce Back Loan abuse

Former IoD chief Anna Daroy banned for 11 years over Covid Bounce Back Loan abuse

The former Director General of the Institute of Directors has been disqualified as a company director for 11 years after abusing the government’s Covid Bounce Back Loan scheme. Anna Daroy, 61, of Abbots Morton, Worcestershire, secured two maximum-value £50,000 loans for her management consultancy, Globepoint Associates Ltd, in May 2020 — despite businesses only being entitled to one. The loans, …

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Octopus Energy spins off Kraken as $500m AI platform targets 1bn users

Octopus Energy spins off Kraken as 0m AI platform targets 1bn users

Octopus Energy Group has announced it will spin off Kraken, its fast-growing AI-powered technology arm, in a move designed to accelerate its expansion into global energy markets. Kraken, launched within Octopus in 2019, has become one of the most advanced operating systems for utilities worldwide. The platform is now contracted to manage more than 70 million household and business accounts …

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Classic books spark pawnbroking boom as rare editions fetch six-figure sums

Classic books spark pawnbroking boom as rare editions fetch six-figure sums

Classic literature is enjoying a new surge in demand – not for its words, but for the soaring value of rare first editions. Pawnbrokers across the UK say they are seeing a dramatic rise in people cashing in on their bookshelves, with mint-condition copies of Harry Potter, Enid Blyton and even Fyodor Dostoevsky works becoming hot commodities. James Constantinou, owner …

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5 Essential Forex Concepts Every Beginner Should Understand

5 Essential Forex Concepts Every Beginner Should Understand

Entry into the foreign-exchange (Forex) market may seem like a novelty and a roller coaster ride. Prices move fast, jargon flies even faster, and the pressure to “make pips” is real. Instead of drowning in terminologies, let’s slow things down. Below are five foundational Forex concepts you must master before risking a single dollar. Think of them as the grammar, …

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How AI Is Changing the Way We Watch and Bet on Sports: A Business Perspective

How AI Is Changing the Way We Watch and Bet on Sports: A Business Perspective

Amazon recently introduced “Prime Vision,” an augmented reality broadcast for UEFA Champions League matches in the UK that overlays live metrics such as player speed, jump height, goal probability and tactical maps directly onto the live feed. For you as a viewer, this changes expectations about what a sports broadcast should deliver. At the same time, bookmakers are deploying algorithms …

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Sugo Succo: Building a Career through Service and Adaptability

Sugo Succo: Building a Career through Service and Adaptability

Sugo Succo was born and raised in Miami, Florida, in the heart of Little Havana. Growing up in a Cuban-American household, he was surrounded by food, music, and traditions that shaped his outlook on life. His parents, both small business owners, taught him the value of hard work, resilience, and treating every customer as family. From a young age, Sugo …

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BankIslami & MG Introduces Industry’s Lowest Auto Rental rate with Instant Processing – CustomsNews.pk Daily

BankIslami & MG Introduces Industry’s Lowest Auto Rental rate with Instant Processing – CustomsNews.pk Daily

Karachi: BankIslami, Pakistan’s leading Islamic bank, has announced a special collaboration with MG Motors Pakistan, offering customers the most competitive Shariah-compliant auto financing package in the industry. With an unprecedented rental rate starting from just 4.99% (1-year equivalent rate 1.49%), BankIslami’s MG financing offer sets a new benchmark in affordability and convenience for auto consumers. This exclusive campaign provides customers …

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Tesla stock surges nearly 50% since Elon Musk’s spat with Donald Trump

Tesla stock surges nearly 50% since Elon Musk’s spat with Donald Trump

Tesla shares have surged almost 50% since the company was rocked by a very public clash between CEO Elon Musk and US President Donald Trump in June. On June 5, 2025, the feud sent Tesla stock tumbling 14% in a single session, wiping $150 billion off its market value. The sell-off drove shares to an intraday low of $284.70 amid …

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