Author: Sam Allcock

Scalpel AI has successfully closed a £3.8m funding round, leveraging AI and computer vision in healthcare.Founded in 2017, the Essex startup aims to enhance surgical safety by tracking and identifying surgical tool performance.The firm’s technology creates digital twins of medical equipment, verified through computer vision to avoid errors.The recent funding was led by Mercia Ventures, with notable support from Tensor Ventures.Scalpel AI plans to use the investment to expand internationally, aiming for recognition as an industry standard.Scalpel AI, based in Essex, has raised £3.8m to support its innovative approach in managing surgical tools and implants. The company, established by two…

Harrods managing director Michael Ward has issued a personal apology concerning serious allegations against former owner Mohamed Al Fayed.The late Mohamed Al Fayed has been accused of decades-long sexual misconduct, prompting an investigation by Harrods.Harrods is currently in the process of addressing over 250 claims of sexual misconduct linked to Al Fayed.The new owners of Harrods expressed their shock and dismay at the allegations, promising a thorough investigation.An interview was sought by the BBC with Mr Ward regarding what was known by Harrods’ senior staff at the time.Harrods’ current managing director, Michael Ward, has formally apologised in relation to sexual…

Sainsbury’s CEO Simon Roberts highlights upcoming price increases due to rising National Insurance costs.The UK government has announced an increase in National Insurance contributions, affecting businesses like Sainsbury’s.Sainsbury’s anticipates significant cost inflation, making it challenging to avoid price hikes.Roberts emphasises the need for strategic decisions to manage these financial pressures.Sainsbury’s reports a modest profit increase, despite financial challenges.Sainsbury’s CEO Simon Roberts has raised concerns about the impending rise in prices following the government’s decision to increase National Insurance Contributions. This adjustment signifies additional financial burden for businesses as the employer’s contribution will rise from 13.8% to 15% on employee earnings…

The possible ascendancy of Dan Gallagher to SEC Chair could signify a bold new chapter for cryptocurrency regulation. There is potential for substantial change.Gallagher, a prominent figure in financial regulation, offers a different outlook compared to Gary Gensler. His pro-innovation stance could herald a fresh approach.Gallagher’s Vision for the SECDan Gallagher is known for his support of innovation in regulatory matters. He emphasises the need for a more flexible approach in overseeing digital assets. His past role as an SEC commissioner gives him insight into the regulatory landscape. With potential leadership encouraging such flexibility, the crypto industry is optimistic. Gallagher’s…

Buying cryptocurrency through PayPal is becoming increasingly popular. This method offers convenience and direct access to various digital currencies. Whether you are a seasoned investor or just starting, PayPal’s platform provides a smooth transition into the cryptocurrency world.With a wide array of options, PayPal simplifies the process of acquiring major cryptocurrencies. It serves as a gateway for those aiming to diversify their investment portfolio. Understanding which coins are available and how to start will empower you to make informed decisions.Available Cryptocurrencies on PayPalDiscover the array of cryptocurrencies accessible through PayPal, a platform expanding its reach in the digital currency market.…

Ripple’s latest move involving a massive 470 million XRP transfer to an unknown destination has stirred significant intrigue. Observers and market participants are eager to understand the reasoning behind such a substantial transaction. Whispers of market impact and strategic intentions are circulating.This exchange was promptly flagged by Whale Alert, sparking discussions about Ripple’s potential objectives. While large transfers are not new for Ripple, the timing and scale of this move have prompted widespread speculation. Does this signal a shift in Ripple’s strategic approach or merely a routine transaction?Ripple’s Recent Large TransferRipple, a leading entity in the blockchain industry, has initiated…

Mamas & Papas has reported exceptional sales growth, reflecting the brand’s strategic expansion and rising demand for its nursery products.Sales surged by 7.1% to reach £154.3 million, with underlying profit growing by 27%, marking a successful year.The retailer’s UK concessions, including partnerships with major brands, saw a remarkable 48% rise in sales.International expansion continues, with new outlets in Spain, Indonesia, and Thailand enhancing global presence.The company is poised for a significant holiday season, expanding its product range to include festive items.Mamas & Papas has reported a robust financial performance for the year ending 31 March, driven by strategic expansions and…

The recently concluded US Presidential election has sparked a significant rally in the cryptocurrency market, setting the stage for potential growth. Investors have expressed optimism, particularly towards Ethereum, which has seen a remarkable uptick. The new administration’s policies have likely contributed to this positive trend.Trump Victory Spurs Strong Crypto UpsurgeFollowing the recent United States Presidential election, a noticeable surge in the crypto market has become evident. The Republican President Donald Trump’s victory has introduced a buoyant mood, marked by significant gains in various cryptocurrencies over a brief period. This momentum is largely attributed to Trump’s perceived pro-crypto stance, promising comprehensive…

Sainsbury’s has reported an increase in both sales and profits for the first half, attributing its performance to notable market share gains.The retailer achieved a 3.7% rise in underlying operating profit, reaching £503 million, driven by grocery growth despite lower contributions from Argos.Retail sales, excluding fuel, saw an increase of 3.1%, while the grocery division experienced a 5% rise in sales, although some other areas declined.Sainsbury’s loyalty programme, Nectar, expanded with a 6% rise in participation, saving customers £2 billion in total, indicating strong customer engagement.The company’s premium line, Taste the Difference, recorded an 18% growth, reflecting consumer interest in…

The cryptocurrency market is rapidly evolving, providing investors with a myriad of choices. Exploring these options requires understanding their unique features. Cryptocurrencies are no longer just about transactions but encompass a wide range of applications. This article delves into some of the most promising digital currencies to consider. Readers will discover how these currencies may shape the future of the digital economy.With advancements in blockchain technology, cryptocurrencies now offer diverse functionalities. These range from enhancing digital ownership to supporting decentralized applications. Identifying the right cryptocurrency necessitates examining their intended use and market potential. Let’s explore the distinctive qualities of several…