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Matthew Davies

Matthew Davies


Articles

Grant Shapps speaks at the London Tech Week conference. Bloomberg
UK government's solar energy plans are out of this world

Energy Security Minister Grant Shapps tells London Tech Week conference that Britain's space-based solar power industry is ready for blast off

UKJune 13, 2023
British wages rose while unemployment dropped by a small margin in the three months to April 2023. PA
UK average wages rise at slower pace than inflation

While wages rose by 7.2% in the three months to April, the effect of inflation meant they fell by 1.3%

UKJune 13, 2023
The UK ranks behind only the US and Germany when it comes to the number of life science projects utilising foreign direct investment. PA
UK heath technology sector set for rise in investors

London Tech Week conference hears how the UK's health tech and life science sectors could be on the brink of some serious investment

UKJune 12, 2023
Prime Minister Rishi Sunak and Demis Hassabis speak at London Tech Week. Getty Images
Google's DeepMind boss Demis Hassabis calls for 'guardrails' in AI

Hassabis, who is also a government adviser, tells London Tech Week there are 'incredible opportunities' but also 'attendant risks' with artificial intelligence technology

TechnologyJune 12, 2023
A rig in the Cromarty Firth, Invergordon. The UK government will cut the windfall tax on North Sea oil companies if prices normalise for a sustained period. PA
UK sets out changes to oil and gas windfall tax

Rate to stay at current 75 per cent for five years, but will be lowered if prices normalise

UKJune 09, 2023
The 20-country eurozone economy fell into a technical recession at the beginning of the year, revised figures show. Getty
Eurozone in recession, revised figures show

Latest numbers show two consecutive quarters of economic shrinkage for the 20-country bloc

UKJune 08, 2023
A Vodafone-CK Hutchison merger would create the UK's largest mobile network, with 28 million customers. Reuters
Vodafone shares lose ground on lack of merger news

The stock soared on Wednesday after news of a possible combination of its UK operations with CK Hutchison

UKJune 08, 2023
Some major companies in the UK have less than a week to respond to a threat from a cybercrime gang. Reuters
British companies given ultimatum over Clop ransomware attack

Companies have less than a week to respond to hackers threatening to release staff information

UKJune 08, 2023
Saudi Arabia's Vision 2030 has addressed the post-2014 oil world with the intention of diversifying the kingdom's economy. Reuters
Kingdom come: Saudi minister urges business leaders to visit his homeland

Dr Majid Al Kassabi explains how Vision 2030 is transforming his country and creating new opportunities

UKJune 07, 2023
Annual house price growth in May turned negative for the first time since 2012. Across the UK, house prices fell by 1%, Halifax said. PA Photo
UK house prices fall for first time in 11 years

Figures from Halifax show average annual house prices dropped 1 per cent in May

UKJune 07, 2023
Containers at Abu Dhabi's Khalifa Port. A free trade agreement with the GCC could be worth £1.6 billion to the UK, according to the British government. Reuters
'High ambitions' for UK-GCC free trade agreement talks

As the next round of talks looms, Britain's outgoing Middle East Trade Commissioner says there's an 'impatience to get things done as quickly as possible'

UKJune 06, 2023
The Confederation of British Industry faces a crunch vote on Tuesday as the formerly influential lobbying group tries to secure its future following a series of sexual harassment allegations. PA
CBI v BCC: British business groups set for showdown

As a weakened CBI votes on its future, rival BCC looks to set up an alternative

UKJune 05, 2023
It is hard to think of an employer with whom Shirine Khoury-Haq’s own deeply held principles would align more neatly, and there is no doubt that she considers the role as Co-op CEO to be more than just a job. Photo: Co-op
Co-op CEO draws on family ties to run a business based on values

The early life of the British consumer boss was shaped by the travels of her Palestinian father, an oil engineer, and her Turkish mother

Arab ShowcaseJune 02, 2023
On an annual basis, property prices fell by 3.4 per cent in May, according to the Nationwide Building Society's House Price Index. EPA
UK house prices gripped by fears of interest rate increase

After a small increase in April downward trajectory resumed in May

UKJune 01, 2023
The number of available mortgage deals in the UK fell after predictions of higher interest rates. EPA
UK mortgage deals disappear from market

The number of home loan products fell by 3% last weekend, as interest rate predictions change

UKMay 31, 2023
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