The UK economy is losing as much as £3.5 billion a year as tens of thousands of women leave the technology sector amid stalled career progression, unequal pay and weak leadership pipelines, according to a new landmark report released to mark Ada Lovelace Day. The 2025 Lovelace Report: Unlocking £2–3.5 Billion, published on Tuesday, reveals that between 40,000 and 60,000 ...
Larry Ellison, the billionaire founder of Oracle, is deepening his commitment to Britain’s innovation economy with an additional £890 million investment in the Ellison Institute of Technology (EIT), dramatically expanding its footprint at Oxford Science Park. The move comes as the 81-year-old tycoon faces scrutiny over the institute’s leadership and direction following a year of internal upheaval. Yet the fresh ...
Retail sales growth cooled sharply last month as households tightened budgets ahead of Chancellor Rachel Reeves’s November Budget and heavy storms kept shoppers off the high street. Figures from the British Retail Consortium (BRC) and KPMG show retail sales rose 2.3% year on year in the five weeks to October 4, down from 3.1% in the previous period. Although still ...
Former President Joe Biden and former Secretary of State Antony Blinken both claimed some credit for President Donald Trump’s Israel-Hamas ceasefire agreement on Monday. On X, Biden – who is undergoing treatment for cancer – said that he was ‘deeply grateful and relieved’ that the Gaza war is approaching its end. ‘The road to this deal was not easy,’ the ...
Retail technology platform Patchworks has secured £5 million in new funding to accelerate its expansion into the United States and scale its next generation of AI-powered integration tools for enterprise retailers. The round, led by existing backer Gresham House Ventures with growth lending from Palatine Growth Credit, comes as the company reports a 41 per cent year-on-year increase in annual ...
Pakistani Prime Minister Shehbaz Sharif on Monday announced that he intends to nominate President Donald Trump for the Nobel Peace Prize for his role in securing a ceasefire and hostage agreement between Hamas and Israel. It will be Pakistan’s second time putting up Trump for the prize. In June, Pakistan nominated Trump for his role in securing a ceasefire agreement ...
After facing backlash for staying silent as Israeli hostages were freed from Gaza, New York City socialist mayoral candidate Zohran Mamdani finally broke his silence Monday afternoon. ‘Today’s scenes of Israelis and Palestinians are profoundly moving: Israeli hostages being freed and families reunited after years of fear, uncertainty, and torture; the first days in Gaza without relentless Israeli bombardment of ...
Sometimes, data breaches result in more than just free credit monitoring. Recently, Facebook began paying out its $725 million settlement, and AT&T is preparing to distribute $177 million. Those payouts caught scammers’ attention. Now, fake settlement claim emails and websites are flooding inboxes. They look convincing, but behind the plain design and official-sounding language is a trap for your Social ...
Gabriela Calderon de Burgos and Marcos Falcone On October 9, US Treasury Secretary Scott Bessent announced that the US has bought Argentine pesos and finalized a $20 billion currency swap framework with the country’s Central Bank (BCRA). The specifics of the swap, along with forms of assistance the Trump administration has indicated it is ready to provide to support the Milei ...
New Jersey Democratic gubernatorial candidate Mikie Sherrill is facing criticism after a businessman linked to the Chinese Communist Party made multiple donations totaling tens of thousands of dollars to her campaign. Pin Ni, the founder of Wanxiang America Corporation, donated $60,000 to the One Giant Leap super PAC backing Sherrill’s campaign in the form of two checks, in addition to ...