Pearson CEO Dismisses AI Threat After Investor Jitters
Pearson's chief executive Omar Abbosh addresses shareholder fears about AI chatbots disrupting the education giant's services, emphasizing human-led operations and proprietary data.
Category : Business
Rightmove Boss Talks Down ChatGPT Threat, Defends AI Spend
Rightmove CEO Johan Svanstrom downplays ChatGPT's impact on web traffic while defending the property giant's £60m AI investment, as profits rise 12% to £290m amid shareholder concerns.
10 Banks to Slash Savings Rates in March, Experts Warn
Savers are urged to compare options as TSB, Barclays, and eight other banks plan interest rate reductions in March, with some rates falling as low as 1%, potentially costing hundreds in lost interest.
Hackney Pub The Gun Reopens with Japanese Menu
The iconic Gun pub in Hackney has reopened under new ownership, blending traditional British pub culture with Japanese cuisine while preserving its historic charm.
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Rathbones Shares Soar Amid CEO's UK Wealth Management Ambition
Rathbones shares jumped 9% as the FTSE 250 firm announced plans to become the UK's leading wealth manager, reporting a 53.5% profit surge to £152.9m and dismissing AI concerns as an opportunity.
Burger King AI Chatbot Trial Sparks 'Dystopian' Backlash
Burger King is testing an OpenAI-powered AI chatbot called 'Patty' in 500 US restaurants, sparking social media backlash with comparisons to Black Mirror episodes and concerns over employee monitoring.
Trump's State of the Union Address on Inflation and Affordability
Former President Donald Trump's State of the Union address focuses on inflation and affordability, proposing economic policies to address rising prices and financial strain on households.
Nationwide £100 Fairer Share Bonus 2026: Eligibility Guide
Nationwide Building Society may pay £100 bonuses to members in 2026 under its Fairer Share scheme. Learn eligibility criteria, deadlines, and expert tips from Martin Lewis to qualify.
Resident Evil Requiem Breaks Steam Records Instantly
Capcom's Resident Evil Requiem has achieved a record-breaking launch on Steam, surpassing previous franchise peaks with over 267,000 concurrent players within an hour of release.
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Ropes & Gray London Boss: 'I Was Wrong on Non-Equity Tier'
The London managing partner of US law firm Ropes & Gray concedes his initial skepticism about the non-equity partner model was misplaced, highlighting its success in the firm's UK growth strategy.
Brits Set Alarms for Nature: 2026 Travel Trend Revealed
New research from KAYAK shows UK travelers are planning holidays around rare natural events like solar eclipses and Northern Lights, with 50% waking earlier to maximize experiences.
London's Unclaimed Estates Exceed £1 Billion Value
Research reveals over 5,000 unclaimed estates across the UK, with London leading at 1,612 properties worth approximately £1.2 billion. Experts urge estate planning to prevent assets from reverting to state ownership.
City AM Partners with SCALE Expo for London Business Summit
City AM has announced a strategic partnership with the SCALE expo and summit, a major gathering for founders, investors, and business leaders at London's Business Design Centre in April 2026.
Allpress Opens New Farringdon Espresso Bar in London
New Zealand coffee roaster Allpress expands in London with a new espresso bar in Farringdon, featuring Scandinavian-Japanese design and premium brews near Smithfield Market.
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Hornby Sells Scalextric Slot Car Racing Brand
Hornby, the iconic British model maker, has sold its Scalextric slot car racing brand to a private equity firm, marking a strategic shift to focus on core railway and hobby products.
London Baker Defends £105 Carrot Cake Price Amid Backlash
Flour Baby Bakery owner Zoe explains why her carrot cake costs £105, citing expensive ingredients, labor, and business overheads after TikTok backlash over pricing.
UK Wine Sector Booms with Salaries Reaching £150k
Plumpton College highlights growing career opportunities in the UK wine industry, with salaries ranging from £20,000 entry-level to £150,000 for experienced professionals in commercial roles.
John Lewis Exits Property, Bromley Waitrose Homes Plan Uncertain
John Lewis Partnership withdraws from build-to-rent business, leaving approved plans for 353 homes above Bromley Waitrose uncertain. The company may sell planning consent to another developer.
Rathbones Completes Investec Wealth Merger
Rathbones has officially concluded its merger with Investec Wealth & Investment, creating a major player in the UK wealth management sector with over £100 billion in assets.
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London Hotel's Too Good To Go Breakfast Box Review
A TikTok food reviewer was pleasantly shocked by the contents of a breakfast Too Good To Go box from a London hotel, scoring it a perfect 10/10 despite one missing item.
Quinn Emanuel May Rebrand Due to Aggressive Image Issues
Quinn Emanuel, a top litigation firm, is reportedly considering a rebrand as its aggressive reputation may be deterring potential clients, prompting strategic discussions.
Paramount Beats Netflix for Warner Bros in $83B Deal
Paramount Skydance has won the battle for Warner Bros Discovery after Netflix declined to match its $31-per-share bid, ending an $83 billion pursuit that will reshape Hollywood's streaming landscape.
Rightmove Profits Grow Amid AI Controversy and Index Demotion
Rightmove reports 12% profit growth to £290m while facing investor backlash over AI investments and impending FTSE-100 relegation. The property portal remains committed to its digital transformation strategy.
Miami's Resilience Amid US Tourism Decline
Despite a significant downturn in US tourism due to political factors, Miami continues to offer vibrant cultural experiences, from sunrise beach rituals to historic neighborhoods, proving its enduring appeal to visitors.
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Etsy Closes Shop, Holds Funds Over ID Check Refusal
A Nottingham artist's Etsy shop was shut down and £128 withheld after he refused to provide biometric data for verification, sparking privacy concerns over third-party checks.
Netflix Shares Jump After Exiting Warner Bros Discovery Deal
Netflix shares have surged by 8.5% after the streaming giant declined to match Paramount Skydance's improved $31 per share offer for Warner Bros Discovery, citing financial discipline.
Paramount Wins Warner Bros Battle, Pearson Profit Falls
Paramount secures Warner Bros acquisition while Pearson reports profit decline. Rolls-Royce and LSEG announce massive shareholder returns amid market volatility.
Martin Lewis: Switch Energy Deal Now to Save Over £200
Experts advise households to switch from default tariffs to fixed energy deals, potentially saving over £200 annually as the price cap falls by 7% in April.
Hidden Gems of Wales: Readers' Favorite Unsung Spots
From secluded beaches to ancient castles, discover Wales' lesser-known treasures as shared by Guardian Travel readers, offering unique escapes and historical insights.
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Fantasy House Hunt: Coastal Homes in England and Scotland
Explore a curated selection of stunning coastal properties, from a historic fisher's cottage in Northumberland to an Arts and Crafts house in Scotland, all within walking distance of the sea.
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