Analysis has revealed that a tax relief introduced to help people get onto the property ladder has resulted in 25,000 extra sales to first-time buyers. First Time Buyers’ Relief (FTBR) increases the threshold at which first time buyers pay Stamp Duty Land Tax (SDLT) and was introduced in November 2017.

Anoto Group AB (publ) (“Anoto”) announces that it has sold 1 million shares of common stock of its education subsidiary Knowledge AI Holdings Ltd. (“KAIT”). The transaction was done at USD 12 million on a fully diluted basis. After the sale, Anoto will still own 4.3 million shares of Knowledge AI (47.8% on outstanding number of shares). The 1 million shares were sold to an investment company based in the United Kingdom.  

Over a third (37%) of workers have admitted to taking steps to ‘prepare to look for another job’.

Career Cushioning – the process of being proactive about your career prospects to ‘soften the blow’ should anything go wrong with your current job – is a phenomenon that recruitment firm Robert Walters believes has grown in prominence as the UK continues to hover around the recessionary danger zone.

According to a poll of 2,000 white-collar workers, the leading reasons causing workers to ‘career cushion’ is a lack of job security from their company (72%), turbulent economic conditions (55%), internal changes within their business (45%), and low job satisfaction (33%).

Leading building societies have said they will increase some of its mortgage rates due to the current economic outlook, saying rates on new fixed deals will rise by up to 0.45 percentage points. It comes amid expectations the Bank of England will have to raise interest rates higher than previously thought.

New research has revealed the UK industries that have had the biggest increase in wages, with Mining and Quarrying coming out on top.

The study by UK Trading platform CMC Markets analysed the latest release from the Office for National Statistics, featuring results from their Wages and Salaries Survey since January 2000.

Darktrace, a global leader in cyber security AI, have announced the appointment of Chris Kozup as Chief Marketing Officer (CMO). Chris will join the executive management team on June 6^th, 2023, and will report to Chief Executive Officer Poppy Gustafsson.

Based in the U.S., Chris joins Darktrace from Zscaler, where he served as CMO and was responsible for global marketing strategy and execution across a team of hundreds of marketing and sales development professionals. Chris has more than 20 years of experience leading high performing marketing initiatives and teams for enterprise technology companies including Cisco, HPE Aruba Networking, and Nutanix.