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Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
The timing of today's UK spending review means I shall have to leave any thoughts (should I have any, it might just be a yawnfest) until tomorrow's missive.
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Bloomberg
an hour ago
- Bloomberg
Next Steps Key To Market Impact of Israeli Strike, Analysts Say
The key question for markets following Israel's strike on Iran is whether the fallout can be contained, say strategists. Israel conducted an air strike in Iranian territory, with Defense Minister Israel Katz calling it a 'preemptive strike.' The tension weighed on markets: Oil surged, Asian stocks and US equity futures fell, and the dollar reversed earlier losses as traders dumped risk currencies.
Associated Press
2 hours ago
- Associated Press
Unily Appoints Lokdeep Singh as Chief Executive Officer
Unily appoints Lokdeep Singh as Chief Executive Officer, signaling the next phase of growth for the leading Employee Experience Platform provider. LONDON, UNITED KINGDOM, June 13, 2025 / / -- Unily, the award-winning Employee Experience Platform powering the world's most iconic enterprises, today announced the appointment of Lokdeep Singh as Chief Executive Officer, effective immediately. The appointment comes at a time of accelerating growth and innovation for the company, as it continues to lead the market in transforming the way organizations connect, engage, and empower their people. 'I am honored to join Unily as CEO,' said Singh. 'I have an immense amount of respect for the company's vision, culture, and platform. Unily is uniquely positioned to help organizations thrive in a world where agility and alignment are more critical than ever. I look forward to working closely with the talented team at Unily to further scale the business, deliver exceptional value to our customers, and fuel the next chapter of growth.' Singh is a seasoned technology executive with more than two decades of experience in leading high-growth enterprise software companies. Most recently, Singh served as a Senior Advisor at Providence Equity Partners, where he supported portfolio companies on AI strategy, operational excellence, and go-to-market acceleration. Prior to that, Singh was CEO of Talkwalker, a global leader in enterprise consumer intelligence, where he led the company through a transformative growth period culminating in a successful acquisition in 2024. 'Lokdeep brings a rare combination of strategic vision, operational rigor, and deep understanding of enterprise needs,' said Will Saville, Unily Co-Founder and Board Member. 'His leadership comes at a pivotal time for Unily, as we double down on innovation, scale our global footprint, and continue to lead the category we created. We're thrilled to welcome him aboard.' Singh joins Unily as the company is experiencing strong momentum: · Recently recognized as a Leader by Gartner, Forrester, and IDC in the Employee Experience Platform category; · Trusted by global enterprises such as Shell, CVS Health, British Airways, and Wipro; · Investing heavily in AI-driven capabilities to redefine productivity and employee engagement; · And expanding its partner ecosystem and global presence to support growing international demand. 'Our customers are looking for strategic partners who can help them simplify complexity and move faster,' Singh added. 'Unily is that partner. I'm excited to help accelerate this mission with bold innovation and deep customer focus.' About Unily Unily is the only true enterprise Employee Experience Platform, driving organizational velocity for the world's most iconic brands. In today's fast-changing world, Unily helps industry leaders like Shell, CVS Health, and American Airlines move faster, align teams, and drive execution excellence. As the only company in the industry recognized as a Leader by Gartner, Forrester, and IDC, Unily is redefining the future of work – empowering enterprises to eliminate friction and operate at the speed of success. Casey Farr 5WPR +44 7717 575414 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
2 hours ago
- Yahoo
100,000 electric vehicle charging points to be installed with £381m funding
Some 100,000 street-side electric vehicle (EVs) charging points will be installed across England as a result of £381 million funding, ministers have said. The cash aims to help the uptake of electric cars among motorists who do not have their own driveways and charging points. The new charging points come on top of 80,000 already installed publicly across the UK, and tens of thousand more installed privately. Transport minister Lilian Greenwood said: 'This Government is powering up the EV revolution by rolling out a charge point every 29 minutes, and our support to roll out over 100,000 local charge points in England shows we're committed to making even more progress. 'We're delivering our Plan for Change by investing over £4 billion to support drivers to make the switch, while backing British car makers through international trade deals – creating jobs, boosting investment and securing our future.' The money comes from the Government's Local Electric Vehicle Infrastructure fund, which helps councils to instal new EV charging points. Meanwhile, in a sign of growing market confidence in EVs, London-based firm Believ has secured £300 million to roll out charging points across the UK.
