Helena Young

4 days ago | msn.com | Helena Young

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4 days ago | startups.co.uk | Helena Young

Stuart Machin, the boss of retailer Marks & Spencer, has bagged a £7.1m pay packet as he becomes the latest CEO to enjoy a substantial pay rise. Machin’s pay was up by 39% for the last financial year. The bump in earnings came weeks before M&S fell victim to a cyberattack over Easter, which halted online orders and compromised customer data. In comparison, the retailer’s previous leader, Steve Rowe earned a total of £2.6m in his last year at the helm.

4 days ago | startups.co.uk | Helena Young

Brits are drinking less and swapping late nights for early morning food and drink experiences, and it’s having a big impact on the already-pessimistic hospitality sector. According to recent YouGov data, nearly a quarter of UK adults say they don’t drink in pubs, bars, or restaurants. At the same time, dessert shops and bakeries are seeing a rise in popularity, suggesting that many are trading a cheeky pint for a sweet treat and a hangover-free morning.

4 days ago | startups.co.uk | Helena Young

While M&S recently battled cyber attacks that cost them nearly $400m, not all threats come from external attacks. Sometimes the danger is much closer to home. New data shows that over 4,500 workers in the UK were caught stealing from their employers last year. And it’s not just small change, the average loss per theft is a staggering £35,728, with incidents ranging from cash theft to embezzlement and fraud.

5 days ago | startups.co.uk | Helena Young

Artificial Intelligence (AI) is spreading into all areas of daily life, and shopping is next in line. Google recently unveiled its AI Shopping Mode, a new “agentic” online shopping experience that allows users to browse billions of items and automatically check out with Google Pay. It’s a significant shift for the ecommerce industry, but with consumers increasingly open to AI experiences, it has the potential to transform the shopping experience as we know it.