The hiring landscape is undergoing a dramatic shift, as organisations reconsider their degree requirements in their pursuit of top talent. According to a recent survey, 45% of companies intend to eliminate bachelor’s degree requirements for certain positions this year, with 55% having already done so in 2023 for some roles.
Despite a challenging backdrop, UK SMEs are still optimistic about the future of their businesses, with nearly three-quarters forecasting growth in the coming year. That’s according to American Express’ latest research which highlights a resilience among these businesses, and sheds light on how small and medium-sized enterprises are navigating rising costs and evolving customer expectations to map a path to success.
Fintech giant Revolut has revealed that it has now secured a UK trading licence granted by the British financial regulator. This milestone will enable the platform to facilitate the trading of UK and EU-listed stocks, as well as exchange-traded funds, starting in 2025.
Little Journey, the healthtech company transforming the delivery of paediatric care through personalised psychological support, has announced £6 million in Series A funding. The round, which will be used to accelerate Little Journey’s mission to revolutionise paediatric healthcare globally, was led by Edinburgh and Leeds-based venture capital firm Par Equity.
Mindstone, a global training platform and community focused on the practical use of AI for non-technical staff, and Intuition, a global company in knowledge solutions with a track record approaching 40 years of corporate excellence, has announced a partnership to accelerate AI adoption across banking, financial services, and the broader corporate sector.
Half of C-suite executives (52%) say that data is ‘out of date’ by the time it reaches their desks. That’s according to newly released research findings from data streaming platform Confluent.
Bev Hurley CBE, Executive Chair of YTKO and previously CEO for 25 years, has been recognised for her Outstanding Contribution to Economic Development at the Institute of Economic Development (IED) Annual Awards 2024.
The rational achiever brain has an interesting history. And while these terms, “rational” and “achiever” may seem to address what we need in business, in fact, this kind of brain is only an early steppingstone on the path to capable leadership.
The rise in AI adoption by companies encourages the hiring of more managers – rather than fewer – relative to other positions, to supervise the implementation of this new technology. That’s according to a working paper co-authored by IESE Business School professors Mireia Giné, Sampsa Samila, and José Azar that analyses 375 million US job vacancies over more than a decade.
With content flooding our devices 24/7, the human attention span at first sight seems to be shrinking, leading many businesses to believe their advert or marketing has to be as brief as possible to succeed.
Gendo, the AI platform which transforms how architects and designers bring ideas and sketches to life, has raised a £4.3 million seed round. This comes less than four months after the company emerged from beta and announced their pre-seed raise of £855k.
I’m not sure when the idea of Ideal Customer Profiles (ICPs) first started circulating around the B2B world but it’s relatively recently (cue someone mailing me with evidence of them first in use in 1973…). Personally, I’ve been using the idea consciously for the last four years or so.
Lineage, the large global temperature-controlled warehouse REIT, has announced the winner of its pioneering initiative, the Food Chain Innovation Challenge London. After a full day of pitching at the Science Museum to an esteemed judging panel, Mimica, the brand behind dynamic food expiry labels, was crowned regional champion and walked away with the $5,000 prize.
When generative AI exploded into the public consciousness two years ago, business leaders were understandably keen to be at the vanguard of the revolution and unlock its potential.
High-level sports coaching has long been an opportunity reserved for the few – those with access to the right resources, connections, or deep pockets. When a single one-on-one tennis lesson can cost upwards of £50, professional training is an unattainable dream for many aspiring athletes.
Veriam has announced the launch of its platform that combines identity management, access control, and subscription services into a single, efficient solution. This new platform aims to make complex processes simple by eliminating the need for multiple tools, helping organisations manage user access and subscriptions with minimal effort.
CommBox, an enterprise-grade omnichannel, AI-powered customer experience platform, has announced the completion of a $15 million growth investment round from PSG Equity, a growth equity firm that specialises in partnering with software and technology-enabled services companies to help navigate and capitalise on transformational growth.
Three-quarters of UK business leaders (72%) say they are stressed out over sustainability targets and the pressure to reach Net Zero, according to research by BT.
Pruna AI, the AI optimisation engine empowering ML teams to simplify code and streamline models, has announced that it has successfully raised $6.5 million in a seed funding round led by EQT Ventures with participation from Daphni, Motier, and Kima, along with support from high profile angels including Roxanne Varza, Hervé Nivon, and Olivier Pomel.
Aachen-based startup IonKraft GmbH, a spin-off of RWTH Aachen University, has successfully closed a first equity financing round of €3.5 million. The round was co-led by M Ventures (the strategic investment fund of Merck) and TechVision Fund and joined by High-Tech-Gruenderfonds.
