The Cambridge-based company aimed to raise $10 billion (£8 billion). In March, the company dealt a blow to the UK by announcing that it had no intention of listing its shares in London. Arm was bought by Japanese firm SoftBank in 2016 in a deal worth £23.4bn. At the time, Arm was listed in both London and New York. The company creates the technology that powers processors, also known as chips, in...
Since acquiring its distributor in 2018, Safe Orthopedics has had a strong direct sales force and is seeing long-term customer adoption in Scotland. Today, the company announced a dual distribution deal in the United Kingdom. In Scotland, the Safe Orthopedics sales team has now been bolstered by local agents to provide enhanced sales support to existing customers and contact new surgical centres...
UK’s Competition and Markets Authority (CMA) is responsible for scrutinizing and preventing mergers and acquisitions that might adversely affect competition. In January 2022, Microsoft announced its goal to purchase Activision Blizzard, a leading global video game publisher. The CMA has investigated the proposed acquisition, citing concerns that the deal could reduce competition and harm...
The number of households that are installing rooftop solar panels. The first month of 2023 reached The level has reached its highest point in over seven years. Energy-bill payers turned to renewable energy to protect against spiraling costs. Industry statistics It has been demonstrated that over 50,700 households installed arrays from January to March, which is more than twice the previous amount...
By the end of December 2022, there were 40.7 million vehicles on the road in the United Kingdom. The SMMT, which stands for the Society of Motor Manufacturers and Traders, is the subject of this text. Reported 35,148,045 cars, 4,887,593 vans, 72,766 buses, and 615,570 trucks in every 32 vehicles in the United Kingdom comes with a plug, with 1.1 million electric cars now in use. 3.1% of the UK car...
The UK train system is run by several private companies, with different operators running trains on other routes. Train drivers are responsible for operating trains and ensuring the safety of passengers and crew. Train drivers’ strikes and work stoppages could cause significant disruption to the train network and affect travel plans for thousands of people. The FA Cup is a football competition in...
A year-long delay to reform will lead to more gambling addicts dying; the government has warned, as experts called the proposals published on Thursday a “missed opportunity”. The Department for Culture, Media and Sport has published a 268-page white paper that changed existing regulations, which pre-dated 24-hour casino games and sports betting in every smartphone pocket. The content of the...
The United Kingdom (UK) has announced funding for a new Artificial Intelligence (AI) Task Force, as reported by Cointelegraph. It’s an exciting development! The United Kingdom’s investment of £100 million in AI-based development strongly signals its commitment to advancing its capabilities in this area. AI has enormous potential in many areas, from healthcare to finance to transportation. With...
It was a different season for Fabio Carvalho when Liverpool and West Ham United last met. In October, the attacking midfielder was enjoying a honeymoon at Anfield after arriving from Fulham for an initial £5m in the summer. Carvalho scored for Bournemouth the following week in a 9–0 thrashing against Newcastle United. Carvalho appeared in eight of the first nine Premier League games, his third...
Despite the spring season, the Met Office has warned that the UK will continue to experience cold conditions as cold Arctic air sweeps across the country. After a cold start to the week, temperatures are expected to drop further, reaching below-freezing across the UK as cold arctic air moves south. The Met Office has forecast a “cold and snowy” Tuesday morning, and wintry rain will continue in...