MPs warn Treasury plans to reform the Financial Ombudsman Service could threaten its independence, raising concerns over government-appointed leadership and regulatory changes. Read more: MPs warn Treasury reforms risk undermining Financial Ombudsman independence
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Trustpilot reports £14m profit as AI-driven traffic boosts growth, with shares jumping 28% amid strong revenue and upgraded forecasts. Read more: Trustpilot profits soar as AI-driven traffic fuels sharp share price rally
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Bentley will cut 275 jobs as profits fall 42% to £187m, with the luxury carmaker citing weak demand, China slowdown and rising costs. Read more: Bentley to cut 275 jobs as profits slump amid global headwinds
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UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Cebr as HSBC launches a £5bn AI productivity finance initiative. Read more: AI adoption could unlock £105bn revenue boost for UK mid-sized firms by 2030
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Virgin StartUp has announced £20m in Start Up Loans funding for 2026/27 after surpassing £100m in total loans delivered, supporting more than 6,500 UK entrepreneurs. Read more: Virgin StartUp unveils £20m funding pot for UK founders after passing £100m Start Up Loans milestone
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Britain’s largest car park operator NCP has filed notice of intention to appoint administrators, putting more than 1,000 jobs at risk across its 800 UK parking sites. Read more: NCP faces administration as Britain’s largest car park operator files court notice
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UK employers will receive £3,000 grants to hire unemployed 18–24 year-olds under new government plans to tackle rising youth unemployment affecting nearly one million young people. Read more: Government offers £3,000 incentive for firms to hire unemployed young people
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Former Dragons’ Den investor Theo Paphitis has taken over as interim CEO of Robert Dyas, aiming to revive the struggling 93-store homewares retailer after falling sales. Read more: Theo Paphitis steps in as interim CEO of Robert Dyas to lead turnaround
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The UK and Ireland deepen economic ties as £937m in Irish investment creates 850 jobs and new energy interconnectors strengthen energy security at the UK-Ireland Summit in Cork. Read more: UK and Ireland strengthen economic partnership as £937m investment set to create 850 jobs
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The meeting forms part of a broader series of engagements being organised by the chamber with business groups and business councils to evaluate current market conditions The post Dubai Chamber discusses supply resilience with fruit and vegetable traders appeared first on Gulf Business.
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