Consumer spending in the United States rose in February but fell short of economists’ expectations, as households cut back on dining and travel while grappling with rising costs and economic uncertainty. Figures released by the US Commerce Department’s Bureau of Economic Analysis showed that consumer spending climbed by 0.4 per cent last month. This followed a downwardly revised 0.3 per ...
Retailers are more optimistic about their profits and growth prospects than at any point in nearly a decade, according to new data from Lloyds Bank — signalling growing confidence in the UK economy despite continued fiscal pressures and global uncertainty. The bank’s latest Business Barometer, released on Monday, found that optimism among retailers surged in March to its highest level ...
It starts as momentum. Orders come in, teams expand, and your product line stretches into exciting new territories. For a time, growth feels like victory. Every department buzzes. Spreadsheets swell, platforms multiply, and no one questions it because growth is always good, right? Until it isn’t. Until the buzz morphs into friction. The friction shows up quietly. An invoice goes ...
In the digital era, an online presence is no longer optional; it is essential for business survival and success. Yet, while some businesses flourish in the digital space, others struggle to gain traction. What separates thriving businesses from those that barely stay afloat? The answer lies in a strategic approach to digital marketing, SEO, and adaptability to ever-evolving consumer behaviors. ...
Frasers Group has voted to block Boohoo’s attempt to change its holding company name to Debenhams, escalating a long-running feud between the UK retail giants. The move, led by Mike Ashley’s group, which owns a 27 per cent stake in Boohoo, effectively prevented the resolution from passing at a general meeting on Friday. The motion required at least 66 per ...
The UK’s £8 billion-a-year R&D tax credit scheme is facing a major shake-up as the government moves to tackle widespread fraud and error while improving accessibility for genuine claimants. Proposals outlined in a consultation published alongside the Spring Statement suggest that businesses may soon be required to obtain formal pre-approval — or “advance assurance” — for research and development (R&D) ...
Technology entrepreneur Tom Adeyoola has been named as the government’s preferred candidate to head Innovate UK, the country’s £1.1 billion-a-year innovation agency, at a pivotal moment for the organisation. The Department for Science, Innovation and Technology confirmed that Adeyoola, 47, is in line to replace Indro Mukerjee in the £195,000-a-year role. The appointment comes as Innovate UK faces renewed scrutiny ...
Getting hurt in a car accident is stressful enough—but when you’re the passenger, things can get even more confusing. Consulting with award-winning Fort Lauderdale car accident lawyers schillingsilvers.com after an accident or injury can give you a better understanding of your options and help you avoid common mistakes passengers make after an accident. So, you weren’t driving, yet you’re left ...
Elon Musk has announced an $80 billion merger of his artificial intelligence venture xAI with social media platform X, formerly Twitter, in a move he claims will “unlock immense potential” by combining AI capabilities with real-time user interaction. The non-cash transaction values xAI at $80 billion and X at $33 billion — or $45 billion when including $12 billion in ...
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