Senate Democrats wanted an equal say in crafting spending bills before the shutdown and are about to get a chance to do so, but they’re unlikely to support Republicans’ latest effort to jump-start the government funding process. The Senate on Thursday is set to move through a procedural hurdle on the annual defense spending bill, which, among other things, would ...
Nicholas Anthony Who should be trusted with the future of money? Amit Seru, a professor of finance at Stanford Business School, recently took to the pages of the New York Times to call for that future to be held in the hands of the state. He argued that trusting money to the private sector would result in a system that ...
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 ...
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 ...
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 ...
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 ...
It has been a turbulent yet inspiring year for Koreans. A declaration of martial law last winter plunged the nation into uncertainty, but what followed was not chaos – it was the reaffirmation of a people’s unshakable faith in democracy. The ‘Revolution of Light,’ culminating in the peaceful election of a new government, reminded the world that the Republic of ...
President Trump continues to be hailed as a global peacemaker for freeing the Hamas hostages and brokering a ceasefire between Israel and the terrorist group. By assembling a coalition of countries to stop the two-year-old war, the president melded threats and diplomacy to end – at least for now – the bloody conflict that began with the heinous Hamas massacre ...
The UK has announced sweeping new sanctions aimed at crippling Russia’s energy revenues, targeting the country’s largest oil producers, state-linked tankers, and overseas partners helping to keep Russian crude flowing to global markets. Unveiled by Chancellor Rachel Reeves ahead of meetings with global finance leaders in Washington, D.C., the sanctions package includes 90 new measures and represents one of Britain’s ...
Six months after launching, London-based AI recruitment startup Jack & Jill has raised $20 million in seed funding to reinvent how people find jobs and companies hire talent. The round was led by Creandum, the European venture firm behind Spotify and Klarna, with participation from Dig Ventures, Entrepreneur First, Ada Ventures, Firedrop, Repeat.vc, Episode1, Playfair, and more than 75 angel ...