The GuardianArm co-founder partly blames ‘Brexit idiocy’ for US flotationverified_publisherThe Guardian - Julia KolleweBrexit “idiocy” is partly to blame for Arm’s decision to choose New York over London for its stock market listing, but a secondary listing in the UK at a later date would make sense, according to a co-founder of the Cambridge-based chip designer. Arm’s parent, the Japanese conglomerate SoftBank, has …
The GuardianClimate protesters rework Spice Girls song to disrupt Barclays AGMverified_publisherThe Guardian - Kalyeena MakortoffBarclays’ annual general meeting was disrupted by climate activists deploying Shakespeare-inspired quotes and reworked lyrics of a Spice Girls hit to condemn the bank’s role as one of Europe’s largest funders of fossil fuels. Dozens of activists from groups including Fossil Free London and …
The GuardianAI race is disrupting education firms – and that is just the startverified_publisherThe GuardianThe artificial intelligence race is already producing losers. On Tuesday, education companies trading on the London and New York stock exchanges saw hundreds of millions wiped from their valuations after Chegg, a US firm that provides online help to students for writing and maths work, said ChatGPT …
The GuardianFinance director of RS Group resigns over relationship with colleagueverified_publisherThe Guardian - Joanna PartridgeThe finance director of a leading UK electronics company has resigned with immediate effect, after recognising that a personal relationship with a colleague showed “some shortcomings of judgment”. David Egan, who had been at the electronic products distributor RS Group for seven years, quit as chief …
The GuardianUK ministers under scrutiny for failure to publish Treasury spending detailsverified_publisherThe Guardian - Kiran StaceyTreasury ministers appear to have broken government guidelines by failing to publish details of their department’s spending for several months, and in some cases more than two years. Public records show the Treasury is the worst department in Whitehall for publishing key data on what its officials …
The GuardianLloyds profits jump by 46% amid higher interest rate chargesverified_publisherThe Guardian - Kalyeena MakortoffProfits at Lloyds Banking Group have jumped 46% amid higher interest charges for borrowers but the lender expects margins to drop over the rest of this year on the back of tougher competition for mortgage and savings customers. Like most of Britain’s big high street lenders, the group reported …
