Cloud2Me’s latest survey conducted at AccountEx Manchester sheds light on the significant challenges accountants face when transitioning to cloud-based IT solutions. In an era where digital transformation is the key to staying competitive, many accounting firms are grappling with complex IT setups and the obstacles that come with moving to the cloud. According to the survey, nearly half (46%) of ...
Christmas hiring is revitalising Britain’s job market, with annual salaries increasing at the fastest rate in three years, according to recent figures. The average advertised salary reached £39,234 last month, marking a 6% rise compared to the same period last year and the highest increase since April 2021. Despite the salary growth, competition for jobs is intensifying. Data from job ...
Lighthouse, a London-based software company specialising in hotel room pricing, has become Britain’s newest unicorn after securing a $370 million (£293 million) investment from American private equity giant KKR. The substantial funding elevates the company’s valuation to over $1 billion, a milestone that grants it unicorn status in the tech industry. Founded in 2012 by Belgian entrepreneurs Matthias Geeroms and ...
Nearly two-thirds of UK companies are set to scale back hiring plans in response to the Chancellor’s £40bn tax hike, according to new polling by the Confederation of British Industry (CBI). The survey of 266 business leaders found that 62% intend to reduce recruitment, nearly half expect layoffs, and 46% plan to delay employee pay rises. The findings underscore growing ...
Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has reported a further £18.3m loss, raising fresh concerns over its financial sustainability. Auditors have warned the business remains reliant on ongoing support from its parent company, Ineos, to survive. Despite selling jackets priced up to £2,125, the brand’s sales declined by 4% to £57.6m in 2023, marking ...
The UK faces an imminent threat of crippling cyber attacks from Russia, capable of “turning out the lights for millions,” a senior minister will warn at a NATO cyber defence conference in London. Pat McFadden, the Chancellor of the Duchy of Lancaster, is expected to highlight Russia’s readiness to wage cyber warfare targeting critical infrastructure and businesses, urging firms to ...
The National Health Service (NHS) plays a critical role in the provision of bariatric treatments, addressing obesity, a growing public health challenge in the UK. While life-changing options like gastric bypasses, gastric sleeves, and gastric balloons are available, access to these procedures remains inconsistent. This discrepancy stems from funding disparities, regional availability, and lengthy waiting times. As the demand for ...
Hezbollah fires barrage of rockets into Israel after IDF targets Hezbollah command centers in Beirut
Hezbollah fired a barrage of missiles and other projectiles into Israel Sunday in response to deadly IDF strikes on the militant group’s command centers in Beirut. The Israeli military said Hezbollah fired about 250 rockets and other projectiles Sunday, with some intercepted – marking one of the militant group’s heaviest barrages in months. Some of the rockets reached the Tel ...
Investigators in Ukraine are analyzing the debris of a new intermediate-range ballistic missile (IRBM) fired by Russia at the city of Dnipro on Thursday, marking the first time the weapon had been used on the battlefield. On Sunday, Ukraine’s Security Service showed the remaining fragments of the IRBM called Oreshnik – Russian for Hazel Tree – that struck a factory ...
Rep. Darrell Issa, R-Calif., took aim at Secretary of State Antony Blinken after it was reported that the State Department held therapy sessions for employees who were upset by President-elect Trump’s election victory. ‘I am concerned that the Department is catering to federal employees who are personally devastated by the normal functioning of American democracy through the provision of government-funded ...