Business

The governor of the Bank of England, Andrew Bailey, has issued his starkest warning yet about the long-term impact of Brexit, saying that the economic consequences of Britain’s exit from the European Union will remain “negative for the foreseeable future.” Speaking in Washington DC to a gathering of global central bankers, Bailey said he was not commenting on Brexit as …

Governor of the State Bank of Pakistan, Mr. Jameel Ahmad, highlighted Pakistan’s improving macroeconomic outlook during high-level meetings with senior executives from global financial and investment institutions, including JP Morgan, Standard Chartered, Jefferies, Barclays, Citibank, Bank of America Securities, and major credit rating agencies. These engagements took place on the sidelines of the IMF–World Bank Annual Meetings in Washington, D.C. …

Silicon Valley stalwart Ron Conway has stepped down from the board of the Salesforce Foundation after a decade of service, sparking a rare public rift within the tech-philanthropy community. The resignation comes in direct response to CEO Marc Benioff’s recent remarks expressing support for former President Donald Trump and the deployment of National Guard troops to San Francisco. Conway — …

In online spaces overflowing with formulaic copywriting, posting for the sake of posting, and polished strategy — the perfect Instagram feeds — audiences have grown weary of perfection. In this Business Matters interview with Marco Robinson, award-winning entrepreneur, coach, property investor, and the man behind Channel 4’s Get a House for Free, we explore how many UK companies could benefit …

In online spaces overflowing with formulaic copywriting, posting for the sake of posting, and polished strategy – the perfect Instagram feeds – audiences have grown weary of perfection. In this Business Matters interview with Marco Robinson, award-winning entrepreneur, coach, property investor, and the man behind Channel 4’s Get a House for Free, we explore how many UK companies could benefit …

PM urged to take urgent notice of anti-industry move, freeze controversial levy KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) and all seven industrial town associations and textiles exporters’ bodies, while expressing deep concerns over the exorbitant and retrospective gas bills issued to industries, urged Prime Minister Shehbaz Sharif, Energy Minister (Petroleum Division) Ali Pervez Malik, Energy Minister (Power …

More than 400 UK businesses have been officially recognised by the government for paying their suppliers promptly and fairly, as part of the Fair Payment Code, a scheme run by the Office of the Small Business Commissioner. The code, launched in December 2024, is part of a national drive to combat Britain’s late-payment culture, which costs the economy £11 billion …

Capita has been fined £14 million by the Information Commissioner’s Office (ICO) for serious data protection failures following a major cyber-attack in March 2023 that compromised the personal details of 6.6 million people across the UK. The attack, which saw hackers infiltrate Capita’s systems and extract nearly one terabyte of sensitive data, affected customers, pension scheme members, and staff of …

Tottenham’s entrepreneurial scene is thriving. New data reveals that the concentration of small businesses in the North London district has doubled in just four years, coinciding with the transformation of the area into a hub for major international events. According to the research by GoDaddy’ sSmall Business Research Lab, Tottenham’s “microbusiness density” — the number of small businesses per 100 …

Agricultural technology startup Wild Bioscience has secured £45 million in Series A funding led by the Ellison Institute of Technology (EIT), the research organisation founded by Larry Ellison, chairman and chief technology officer of Oracle. The investment — joined by existing backers Oxford Science Enterprises (OSE), Braavos Capital, and the University of Oxford — will fuel the company’s mission to …