Big Six tech companies' profit momentum could 'collapse' in 2024, UBS says
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Microsoft UK profits soar as it adds 600 staff amid AI boom
Microsoft’s UK business reported a profit surge last year after the group boosted its revenues to £8.4bn, up from £6.3bn the year prior. The UK entity of the US tech giant cited extra demand for its cloud services as driving the 33% increase in turnover, financial filings show. For the year ended 30 June 2023, […]
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Premier League to vote on new FFP rules in huge blow to Big Six
Monday, the Premier League teams will discuss "game-changing" financial fair play, or FFP, rules that might introduce a strict pay ceiling, or "anchoring." Also, introducing squad cost limitations is a part of the league's effort to revamp its financial fair play regulations. Clubs in the Premier League have already decided to implement squad spending limitations Monday, the Premier League teams will discuss “game-changing” financial fair play, or FFP, rules that might introduce a strict pay...
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British Patient Capital invests over £40m to boost UK cyber security firms
The UK's cyber security industry is currently in high demand due to a rise in attacks, especially on businesses and high-income charities.