HMRC warns £12.9bn tax debt will be lost
The UK tax authority projects £12.9 billion in unpaid tax liabilities by 2025-26, far exceeding the £4.2 billion it had forecast before the pandemic.…
UK consumer confidence sees sharp decline
UK consumer confidence sees sharp decline, reaching its lowest level since April, with a significant drop in the overall index to -24, containing consumer…
European tech funding rises to 25 billion
European tech funding rises to $25 billion, with investment increasing in later stages, about one of europe's most valuable sectors.
Citi targets billionaires, hires advisers amid market volatility
Citi targets billionaires and hires advisers to navigate market volatility. The bank plans to recruit over 100 professionals and serve 25% of the world's…
Venezuelan oil exports fall 9% amid rising transport costs
Venezuelan oil exports declined 9% in September as rising transport costs and shipping bottlenecks disrupted logistics, with daily shipments dropping to 1.08 mi
Nike overhauls global operations amid China slump
Nike’s $2.5 billion cost-cutting plan targets 2031 savings amid China sales slump and global market pressures under CEO Elliott Hill.
China’s AI firms lure users with low costs but lag
China’s AI firms attract users with low costs but generate just $10 billion in revenue—far behind U.S. leaders like OpenAI and Anthropic’s $105 billion…
North Korea Expands Nuclear Program
North Korea expands nuclear program capabilities as IAEA report reveals uranium enrichment activities violating UN resolutions.
Treasury Fed Up With Bank of England Payments Plan
The UK Treasury is fed up with the Bank of England's sluggish payments plan. Read about the new monitoring objective and the government's push…
Nike Should Embrace More of Its Ordinary Talent
Nike should embrace more of its ordinary talent to drive revenue and engage audiences authentically, argues Dan Rookwood.