Business & Technology
Klarus launches AI consultancy to fix weak returns
Klarus has launched as an AI consultancy led by former EY and Accenture executive Frank O’Dea. It aims to tackle the weak returns many companies are seeing from AI projects.
The London-based firm is entering a market where spending on generative AI has risen, but many companies still struggle to move projects beyond the trial stage. Klarus pointed to research from the Massachusetts Institute of Technology suggesting that as many as 95% of enterprise generative AI initiatives fail to deliver measurable impact.
O’Dea is chief executive of the new consultancy. He was previously chief transformation and innovation officer at EY Ireland and a managing director at Accenture, where he led communications, technology and media work in the UK.
At EY and Accenture, O’Dea led divisions with profit and loss responsibility of up to $800 million, according to Klarus. The firm also said he played a role in Microsoft’s expansion in Europe.
Market Gap
Klarus is building its business around a common complaint from corporate buyers of AI services: access to tools is no longer the main obstacle, but implementation remains difficult. Many companies already have software platforms and pilot schemes in place, yet lack the internal skills to embed AI in day-to-day operations, change workflows and track financial results.
The consultancy plans to use a network model rather than a traditional staffing structure. Instead of maintaining large teams of junior consultants, it will use senior specialists chosen for their sector and technical expertise on specific assignments.
That approach is tied to an outcome-based fee structure. Klarus wants to link its work more closely to delivery and business results, while giving clients clearer ownership and governance over AI projects.
“While AI is set to disrupt every business sector and will undoubtedly reveal a vast landscape of new opportunities, most organisations are still struggling to translate its potential into tangible business results. However, the journey to successful AI adoption must be safe, ethical and results-oriented. The senior talent from the Klarus network brings both deep business and AI expertise, ensuring AI is implemented to drive the right outcomes, in the right way and to deliver immediate value,” said O’Dea, chief executive of Klarus.
Early Work
Klarus says it is already working with enterprise and mid-market clients, including family-owned businesses, private equity-backed companies and listed groups, although it did not name them.
One recent project involved an AI-based invoice processing system for a hospitality client, which Klarus said cut offshore staffing costs by 40%.
The firm also outlined a business case in which it identified several opportunities for AI-driven savings and revenue growth. These included freeing managers for higher-value work, improving insight to support revenue growth, sharpening forecasting to reduce staff costs, retiring legacy systems to cut licence fees and tightening controls to lower spending.
Backing And Partnerships
Klarus has secured initial funding in a round led by Crownway Investments. The money will be used to expand its network of experts and its consulting platform.
Alongside its launch, the firm said it has joined UKAI, the trade association for UK AI businesses. Its current partner network includes ServiceNow, which provides workflow software used by large organisations.
The wider group also includes Chapter 1, a search business focused on leadership hires for transformation programmes and consulting firms. That structure suggests Klarus is seeking to combine advisory work with access to senior operators and executives for large-scale change projects.
The launch comes at a time when consulting firms, software vendors and specialist boutiques are all competing to shape the next phase of AI spending. Corporate clients are under pressure to show that investments in generative AI can deliver cost savings, revenue gains or productivity improvements, rather than remain isolated experiments.
For smaller specialist firms, that creates an opening if they can show results faster than larger rivals. Klarus is betting that companies will favour more focused advisory work from experienced practitioners over broad programmes delivered by large consulting teams.
O’Dea’s move from large professional services firms to a smaller advisory model also reflects a broader market shift. As companies scrutinise spending more closely, buyers have become more resistant to open-ended transformation work and more willing to demand a direct link between fees and outcomes.
Klarus’s central argument is that the main challenge in AI is no longer enthusiasm or access to technology, but turning experimentation into operational change that affects the bottom line. Whether that translates into sustained demand will depend on whether firms such as Klarus can show that AI projects can move beyond pilots and deliver measurable returns.
Business & Technology
Oxford pubs shut over protest fears during England World Cup
The controversial, ultra-nationalist figure, whose real name is Stephen Yaxley-Lennon, is expected to speak at the Oxford Union debating society in St Michael’s Street today (Wednesday, June 17).
He will debate a motion on whether the West is ‘right to be suspicious of Islam’, with actor Laurence Fox and politician Sir Jacob Rees-Mogg also due to speak
Tommy Robinson, who has multiple convictions for offences including assault, using a fake passport, mortgage fraud and contempt of court, will debate (Image: PA Media)
Fears among local hospitality businesses, including pubs, restaurants, and coffee shops, have risen as a large demonstration has been planned ahead of the speaker’s arrival.
Multiple reports say as many as five roads are set to be closed from 4pm in preparation, including: St Michael’s Street, Cornmarket Street, Queen Street, Market Street, and Ship Street.
Oxfordshire County Council only confirmed St Michael’s Street would be shut due to the event.
But businesses told the Oxford Mail that county council officials had informed them their streets would be impacted. University of Oxford also posted on social media that Thames Valley Police had told them of the five road closures.
Oxford Union in St Michael’s Street (Image: Roger Askew)
Businesses, particularly pubs who will be closing are concerned about staff and public health and safety and a loss of revenue, on what should be the busiest time for them due to the World Cup.
The Jolly Farmers Pub in Paradise Street said: “Businesses are going to suffer. Communities are going to suffer. Our reputation as a city is going to suffer.”
A pub spokesman confirmed The Jolly Farmers will be closed today for the visit.
The Three Goats Head Pub in St Michael’s Street, next door to the union, is closing from 4pm. It will therefore have to send staff home and will lose business.
Manager Jaz Rai said: “I believe in free speech, but I’m not sure why the decision was made for the first match, they should have thought about it bit more.”
Society Coffee, opposite The Oxford Union society, which usually closes at 5.30pm, will close at 4pm.
It is alleged that The Plough Inn in St Michael’s Street will be closed and boarded up (Image: Newsquest)
The popular Plough Inn in Cornmarket Street, is believed to be closing and boarding up, according to local pub managers.
Multiple closures are planned for businesses in Ship Street, opposite St Michael’s Street (Image: Newsquest)
In Ship Street, two of the three businesses are remaining open. This includes Crosstown, award-winning doughnut sellers, and No.1 Ship Street, award-winning independent restaurant.
Maddie Holloway, a barista at Crosstown in Ship Street, who will be working throughout the planned demonstration (Image: Newsquest)
Maddie Holloway, barista at Crosstown, will be working during the protest. She said: “There’s been many protests on St Michael’s Street before but they haven’t come here but we would close if there was a danger.”
Manager Jose Toro of New Ground Coffee in Ship Street is closing from 4pm. He said Oxfordshire County Council came to the business to warn them to not have property, such as tables and chairs, outside.
He said: “It’s out of our control but from a business perspective you can’t just shut down the city without asking anyone.”
The White Rabbit in Friars Entry is closing from 4pm to protect customer and staff safety, despite major business losses (Image: Newsquest)
White Rabbit in Friars Entry is closing from 4pm. General manager Edward Whinney, has prioritised staff and public safety, despite a major financial loss.
He said the closure was important as pub closures across the city could push football fanatics and protestors into nearby streets.
He said: “I was really shocked that at a time where there is so much division and anger, the Oxford Union society, which is supposed to hold constructive debates, is choosing speakers where any proper agreement is going to be lost – It is really irresponsible and I think it’s about making a statement.”
He has had to cancel 70 table bookings, losing 20 per cent of business.
He said: “I will fiercely defend free speech, but it’s staggering that businesses who need the help the most are going to be affected the hardest.
“Our first priority is making sure people are safe and happy, so we didn’t want to risk any consequences on our staff and customers.”
The Grapes in George Street is staying open for the first England World Cup game.
Manager Phoenix Herald called the timing of Tommy Robinson’s visit “ironic” but said the historic beer house is “on alert but not letting it dictate” them.
It will have extra security in the form of bouncers with town radio connections and a ‘just in case’ action plan.
Anneliese Dodds has called the behaviour of Oxford Union’s leadership (Image: Constituency office of Anneliese Dodds)
Anneliese Dodds, Labour MP for Oxford East, has called the behaviour of Oxford Union’s leadership “damaging” to the city.
She said: “The Oxford Union’s decision to host Stephen Yaxley-Lennon has already been rightly criticised for ignoring the views of Oxford residents concerned about its impact on community relations.
“Now it appears local businesses are also worried that they could be targeted by supporters of Yaxley-Lennon and the division he promotes.
“When will the Oxford Union’s leadership realise their behaviour is damaging our city?”
Business & Technology
CyberNorth & Check Point bring summit to Newcastle
CyberNorth and Check Point will host the Cyber Leader Summit in Newcastle, bringing Check Point’s summit series to the North East for the first time.
Part of the wider TechNExt programme, the event will bring together cyber security professionals, technology leaders, policymakers and innovators. The Newcastle edition follows previous summits in London and Manchester.
For CyberNorth, the move marks another sign of the North East’s growing role in the UK cyber sector. The organisation supports around 600 businesses and more than 5,000 active professionals across the region, with links to sectors including FinTech, space, maritime and defence.
Check Point, which sells cyber security products and services to businesses and governments, said the summit would focus on issues including AI, quantum technologies, ethics, resilience and skills. Speakers are expected from regional and national organisations, including the BBC.
Regional profile
The summit is backed by the Department for Science, Innovation and Technology, which has promoted stronger cyber practices and wider AI adoption across UK regions. Its support adds a national policy dimension to an event centred on a regional technology cluster.
Jon Holden, Chief Executive Officer of CyberNorth, said: “Bringing the Cyber Leader Summit to Newcastle in collaboration with Check Point is a huge moment for the North East cyber scene. The fact that this nationally recognised roadshow is coming to the region, following events in London and Manchester, is a clear indication of the growing reputation and capability of the North East. The region is home to exceptional cyber talent, innovative businesses and a highly collaborative ecosystem. Through key events such as the Cyber Leader Summit we’re able to bring together industry leaders, innovators and future talent to help strengthen the region’s position as a key player within the UK cyber security landscape.”
The North East has sought to raise its standing as a cyber security centre as part of a broader effort to expand the regional technology economy. CyberNorth added that its relationships with the Department for Science, Innovation and Technology and the Department for Business and Trade have helped raise the area’s profile in the UK and abroad.
Sector links
Its network extends across critical national infrastructure, quantum and other technology fields, giving it reach into both established industries and emerging areas. That cross-sector presence helps make events such as the Cyber Leader Summit useful platforms for introductions, partnerships and discussion between public and private sector participants.
Charlotte Wilson, Head of Enterprise at Check Point Software Technologies, said: “We’re delighted to bring the Cyber Leader Summit to the North East in partnership with CyberNorth and as part of TechNExt 2026. The summit is designed to encourage meaningful conversations around the challenges and opportunities facing cyber security today, from AI and quantum technologies to ethics, resilience and future skills while creating opportunities for collaboration across the wider ecosystem. The North East has a vibrant and fast-growing cyber community, and it’s important for us to support and engage with the organisations, leaders and emerging talent helping shape the future of the industry.”
The event reflects a wider trend of national and international cyber security companies looking beyond London for industry engagement. Regional clusters have become more visible as employers, investors and policymakers respond to demand for cyber skills and the spread of digital risk across sectors.
That has also sharpened attention on how local ecosystems connect with national strategy. In this case, the summit’s agenda is expected to cover both current threats and longer-term issues such as skills development and the effect of emerging technologies on resilience.
A spokesperson at the Department for Science, Innovation and Technology said: “At DSIT, we always look to support the regions in their pursuit of improved cyber security practices and, increasingly, their focus on AI development and its adoption. To strengthen resilience across the UK, it is essential that the regions continue to upskill their businesses and the next generation of professionals in these frontier technologies. That a global leader in cyber tech and AI has chosen to bring their senior leader summit to the North East, is a great indication of the calibre of businesses and potential of the region. I wish the event every success.”
Business & Technology
Oxford pubs closing amid Tommy Robinson ‘unrest’ fears
The controversial figure, whose real name is Stephen Yaxley-Lennon, is due at the Oxford Union tomorrow evening (Wednesday, June 17).
Yaxley-Lennon has been jailed multiple times for a variety of offences with his significant recent imprisonment in October 2024 for contempt of court.
Five roads, including St Michael’s Street next to the union, will be closed and police will be on stand-by for any unrest.
The Jolly Farmers Pub in Paradise Street said on social media that businesses were “boarding up windows” ahead of Yaxley-Lennon’s visit.
Staff outside The Jolly Farmers in 2022 (Image: The Jolly Farmers)
It said: “Businesses are going to suffer. Communities are going to suffer. Our reputation as a city is going to suffer.”
A pub spokesman confirmed The Jolly Farmers will not be boarding up, but it will be closed today for the visit.
The White Rabbit in Frairs Entry also said it will be closing early today “in solidarity with other independent businesses”.
READ MORE: Travellers at ‘unauthorised site’ in Oxford park after police notice
The pub said it is a “difficult decision”, but said the safety and wellbeing of visitors is “always a priority”.
“We hope everyone in Oxford stays safe this Wednesday,” the pub added. “Now let’s all have a nice cold pint and wait for this all to blow over.”
Meanwhile, the The Handle Bar Cafe and Kitchen also in St Michael’s Street said its licence to trade from the pavement has been revoked temporarily for the day.
Tommy Robinson (Image: PA)
A spokesman said it is due to the road closure and “likely trouble”, adding it too will shut early from 3pm “to keep staff safe”.
One businessman, who asked for him and his business to remain anonymous, said there is “growing frustration” both in businesses that may be affected and within the university at the timing of the debate, referencing other tensions elsewhere in the country.
“Some businesses in the vicinity of the Oxford Union site are definitely considering what steps need to be taken to prevent damage,” he said.
Anneliese Dodds, Oxford East MP, said: “The Oxford Union’s decision to host Stephen Yaxley-Lennon has already been rightly criticised for ignoring the views of Oxford residents concerned about its impact on community relations.
“Now it appears local businesses are also worried that they could be targeted by supporters of Yaxley-Lennon and the division he promotes.
“When will the Oxford Union’s leadership realise their behaviour is damaging our city?”
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