Business (Page 5)

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The government is developing a plan to nationalise Speciality Steel UK (SSUK), the country’s third-largest steelworks, after deciding against backing the preferred bidder for the business, Business Secretary Jonathan Reynolds has told the House of Commons. SSUK, previously part of Liberty Steel, employs about 1,300 people at sites in StocksbridgeContinue Reading

Canadian Prime Minister Mark Carney set out his government’s artificial intelligence strategy to global investors yesterday, pledging to give every post-secondary student in the country access to a trusted AI agent. Speaking at the Canada Investment Summit in Toronto, Carney said the AI for All strategy would aim to captureContinue Reading

That works, but it also means missing out on half the fun. Understanding how odds are built, and what they are really saying, turns betting from a blind guess into something genuinely engaging. Platforms like bizbet display all three major odds formats at once, which is actually a handy wayContinue Reading

Xapien, the AI due diligence platform, has raised $56m in a growth investment round led by Spectrum Equity, the company announced on Friday. Existing investor YFM Equity Partners also took part. The company said the money will be used to build out its US presence, which already generates 50 perContinue Reading

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Refugee entrepreneurs could boost the UK economy by an estimated £2bn if barriers to entrepreneurship were tackled and more tailored support made available, according to the Cedar Review, published today. The independent review into refugee entrepreneurship in the UK, led by Small Business Britain, followed nine months of research. ItContinue Reading

Outstanding high street bank lending to small and medium-sized businesses across Great Britain fell by £26.8bn, or 30 per cent, in three years to stand at £62.6bn at the end of 2025, according to analysis of UK Finance data by digital broker money.co.uk. The figure compares with £89.5bn in theContinue Reading

Not by a discretionary fund manager with a Mayfair address, but by an app promising machine-learning portfolios and automated trading. The pitch lands well with people who automate everything else in their businesses. Whether the technology deserves the trust is a different question. Why business owners are the target marketContinue Reading