The OECD has called on Chancellor Rachel Reeves to launch an in-depth review of Britain’s “inefficient” tax system, warning distortions and loopholes are throttling investment and growth. Read more: OECD urges reeves to overhaul ‘inefficient’ UK tax system
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Google has launched an AI-powered restaurant booking tool in the UK, pulling real-time availability directly into search and threatening platforms like OpenTable. Read more: Google takes on Opentable with AI that books your dinner in seconds
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UK retail footfall rose 2.4% in March as Easter drew shoppers back, but the BRC warns April tax rises, wage hikes and fuel costs threaten high street recovery. Read more: Easter lifts footfall but retailers brace for April cost squeeze
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SDCL Efficiency Income Trust (SEIT) has abandoned its rescue plan and opted for a managed wind-down after pressure from activist Saba Capital, leaving retail investors nursing potential losses of more than 50 per cent on £1.1bn raised. Read more: Retail backers of SEIT face wiping out half their money as green trust raises the white flag
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OpenAI has paused its Stargate UK data centre investment, citing sky-high British energy prices and copyright uncertainty, in a blow to Labour’s AI superpower ambitions. Read more: OpenAI pulls plug on Stargate UK, leaving Starmer’s AI superpower pitch in tatters
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Jordan-rooted, AI-focused VC Propeller has launched the first cohort of its Kernel Camp residency, bringing five deep-tech startups from MENA to…
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As AI and shifting power dynamics continue to redefine modern affiliation, SBC Summit Malta will introduce a dedicated Affiliates Reinvented track, exploring how stakeholders…
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As new technology and shifting player expectations continue to reshape the world of iGaming, SBC Summit Malta will feature sessions dedicated to helping stakeholders…
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Brent crude jumps 4% towards $100 a barrel after Iran closes the Strait of Hormuz in response to Israeli strikes, threatening 20% of global oil and gas supplies. Read more: Oil price surges towards $100 as Middle East ceasefire begins to unravel
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Vinted revenues rose 38 per cent to €1.1bn as cash-strapped consumers turn to second-hand fashion, with the UK now its second-largest market boasting 16 million users. Read more: Vinted breaks the billion-euro barrier as thrifty shoppers embrace second-hand fashion
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