A major funding initiative has been announced by a renewable energy platform, Tem.Tem has raised £10.5 million in a bid to transform energy distribution.The funding was led by Atomico, with significant contributions from industry key figures.Tem’s AI-driven platform aims to link businesses directly to renewable energy sources.Silverstone, a prominent UK race track, benefits from Tem’s energy solutions.In a notable development for the renewable energy sector, Tem, an AI-driven transactions platform, has successfully secured £10.5 million in funds. This initiative marks a significant step forward in reshaping how energy is distributed across the United Kingdom.Tem’s funding round was led by Atomico,…
Author: Scott Dylan
Boohoo is set to close its distribution centre in Pennsylvania as part of its strategy to achieve sustainable growth. This closure is central to Boohoo’s efforts to improve profitability.The 1.1 million square foot facility in Elizabethtown will stop serving US customers later this year.Operations in the US will be consolidated to Boohoo’s UK distribution centre in Sheffield.A trial showing potential benefits from expanding product offerings fulfilled from the UK was a key factor in this decision.Operations are expected to cease by 11 November 2024, with more details forthcoming in Boohoo’s half-year results.Boohoo, the fast-fashion group, has announced the closure of…
A significant number of retail executives are overlooking crucial data in the delivery process, leading to lost commercial opportunities.84% of retailers struggle with data silos, where critical information is isolated across different systems.The inability to effectively utilise delivery data is creating a substantial ‘black hole’ for businesses.The report from Delivery & Experience Management highlights the potential of combining data-driven delivery and experience management.Understanding and leveraging these insights can transform business growth strategies.A substantial 84% of retail executives are currently facing the challenge of missing out on valuable data generated during delivery processes. This data, crucial for tapping into commercial opportunities,…
A recent report highlights a significant oversight among retail executives regarding data in the delivery process.An overwhelming 84% of retail leaders fail to capitalise on delivery data, leading to missed opportunities.Data silos resulting from inefficient processes are causing information to be trapped across various systems.This untapped data is crucial for creating growth strategies but remains largely unutilised.Integrating delivery and experience management could unlock valuable insights, according to a new analysis.The latest report unveils a critical issue affecting the retail sector: a massive 84% of retail executives are not leveraging the vast amounts of data available in the delivery process. This…
The Bar Standards Board’s (BSB) proposal to impose a new positive duty on barristers to promote equality, diversity, and inclusion (EDI) has sparked considerable debate and concern among legal professionals.The proposed duty seeks to replace the existing core duty which prevents unlawful discrimination. High-profile figures, including Matthew Scott, a criminal barrister, have voiced apprehensions about this development. Writing in The Spectator, Mr Scott expressed scepticism about the consultation process preventing the proposal’s adoption and warned that barristers could be forced into roles as ‘social engineers’.Matthew Scott articulated concerns that failing to comply with these new EDI advancements may result in…
The Solicitors Regulation Authority (SRA) has issued rebukes to two solicitors for failing to meet professional standards in their services, highlighting issues of incompetence and financial mishandling.Karen Margaret Wishart, a partner at a law firm in Runcorn, was reprimanded for providing inadequate service to a divorce client, identified as Mr V. Despite her extensive experience since qualifying in 1987, Ms Wishart did not handle the financial remedy proceedings in a timely and competent manner, leading to significant delays and adverse cost orders against Mr V, herself, and her firm. These actions breached the rules requiring solicitors to act in the…
Amazon’s AWS is investing £8 billion in UK data centres, intensifying competition among cloud providers.AWS holds about a third of the UK’s public cloud market and plans significant investment to support the UK economy.This investment aims to contribute £14 billion to UK GDP and sustain approximately 14,000 full-time local jobs.Increased regulatory scrutiny and competition shape the landscape for cloud providers in the UK market.The UK government is receptive to new data centre projects, aiming to boost economic growth.Amazon Web Services (AWS), a major player in the cloud computing industry, has pledged a substantial investment of £8 billion into the development…
Iceland is preparing to introduce more than 800 new products, highlighting its commitment to innovation.Products such as Blue Dragon’s Tempura Prawns and Teriyaki Beef Noodles are part of the new launch.The initiative includes the relaunch of the Piccolino brand with 15 new lines.TGI Fridays’ offerings have expanded, including Slow Cooked Ribs and Wings Bucket.The brand accelerator scheme remains a pivotal strategy for Iceland to innovate and collaborate.Iceland is poised to introduce over 800 new products this week, marking a significant milestone in their ongoing commitment to innovation. This bold endeavour, communicated through social media by Oliver Gilding, the head of…
In a significant legal development, Apple faces a major setback.The European Court of Justice ordered Apple to repay €13 billion.Ireland is required to recover these funds, previously in escrow.The decision challenges preferential tax deals within the EU.Experts foresee implications for multinational corporate taxation.In a landmark judgement, the European Court of Justice has ruled against Apple, requiring the tech giant to repay €13 billion in taxes to Ireland. This sum, previously held in escrow, highlights the significant legal setback for the company.The case was initiated in 2016 by the EU’s competition commissioner, Margrethe Vestager, who argued that Apple had benefited from…
London Fashion Week Spring/Summer 2025 promises a remarkable series of events that underscore its status as a global fashion hub.Harris Reed marks a significant milestone by officially joining the LFW schedule, showcasing at the Tate Modern.The burgeoning trend of resale meets the runway with eBay and Vinted hosting notable events.Puppets & Puppets make a much-anticipated debut, transitioning from New York to London.FKA Twigs collaborates with On to present an innovative live performance art experience.London Fashion Week Spring/Summer 2025, commencing on 12 September, is set to be an exciting display of fashion and creativity, celebrating its 40th anniversary.Harris Reed, recognised in…