Author: GoldMedalInvestments

The Office for National Statistics (ONS) has signed a deal worth £8 million to hire hundreds of temporary workers in a bid to repair what economists warn is “virtually unusable” data on employment in the UK. The move comes amid mounting criticism of the agency’s flagship labour force survey (LFS), which policymakers at the Bank […]

Employers offering unpaid or low-paid internships are blocking working-class and disadvantaged young people from the best career paths, according to new research by the Sutton Trust. The social mobility charity found that internships, often essential for securing jobs in industries such as finance and IT, are taken up mainly by middle-class graduates with parental or […]

A turnaround investment group linked to Hobbycraft’s recent acquisition has stepped in to save Crafter’s Companion, the loss-making crafting company founded by Dragons’ Den panellist Sara Davies. The business has been bought via a swift pre-pack administration for £425,000 by entities controlled by Modella Capital, preserving 134 of 148 jobs but leaving creditors facing significant […]

The Bank of England could deliver as many as six interest rate cuts by the middle of next year, according to new projections from Goldman Sachs. The American investment bank expects rates to drop to 3.25 per cent by the second quarter of 2026, citing weaker economic activity and lower inflationary pressures. Markets are already […]

Sainsbury’s is planning to shed more than 3,000 head office positions and shut its remaining in-store cafés in a bid to reduce costs by £1 billion. As Britain’s second-largest grocer, the company employs around 150,000 people across more than 1,400 shops nationwide. The business said it was contending with “a particularly challenging cost environment” following […]

The government is preparing to soften its proposed tax changes for non-domiciled residents, following concerns over the growing exodus of wealthy individuals from the UK. Speaking at a fringe event during the World Economic Forum in Davos, Rachel Reeves confirmed that ministers will introduce an amendment to the Finance Bill. In response to reports of […]

In a move reflecting mounting concerns about disinformation and cyber threats, UK-based venture capital firms Fuel Ventures and Oxford Capital have co-led a $1 million pre-seed funding round in Egregious. The pioneering company specialises in “Human AI” solutions designed to protect organisations against malicious deployments of artificial intelligence, including superhuman AI deception, disinformation and harmful […]