Business & Technology
Waracle acquires Inov8 to boost cloud & AI services
SOFIAH NICHOLE SALIVIO
News Editor
Waracle has agreed to acquire Edinburgh-based cloud and data services consultancy Inov8, expanding its presence in data and artificial intelligence.
The deal brings together Waracle’s workforce of about 300 people and Inov8’s team of 28. It aligns with Waracle’s growth strategy as it seeks to increase the share of revenue from data and AI work.
Edinburgh-headquartered Inov8 was founded in 2011 by Brian Graham. The business focuses on cloud services, data services and artificial intelligence, while Waracle develops digital products for clients in sectors including financial services, energy, health and the public sector.
The transaction marks another step in Waracle’s recent expansion. It previously acquired software engineering business HackSoft in Sofia, Bulgaria, and has increased headcount across its offices in London, Glasgow, Dundee, Edinburgh and Sofia.
Waracle has also made senior hires in its data and AI operations, appointing David Low as chief AI officer and James Poulten as head of data and AI last year.
Backed by growth investor BGF, the business said turnover rose by more than 30% in 2025 and pre-tax profit was nearly £2 million.
Growth plans
Waracle plans to increase its workforce from nearly 300 to 500 across the UK and Bulgaria by 2028. The acquisition of Inov8 gives it a larger base in cloud, data management and AI consulting as demand for those services rises across regulated and data-intensive industries.
For Inov8, the deal links a specialist consultancy with a larger digital product business serving organisations in financial services, health, energy and government-related work. Waracle’s client roster includes People’s Partnership, Roche, SP Energy Networks and Royal London.
David Tuck, Waracle Chief Executive, said: “We are incredibly excited to bring Inov8 into Waracle. We worked really hard to find a Data and AI consultancy that matched not only our ambitions, but also our values and culture.”
He added: “Since early 2025, as part of our strategic initiatives, we have focused on growing our Data and AI Practise. We have made massive strides over the last 18 months, and the talent within Inov8 will help us further our ambitions across both.”
Founders’ view
Inov8 founder Brian Graham said the business saw scope to extend its work through the combination. “Joining Waracle is a fantastic opportunity for Inov8 to demonstrate its depth of skills in Data & AI through Waracle’s scale and reach across financial services, energy and the public sector. We have always strived to deliver innovative solutions to client problems and build truly collaborative relationships as we do.”
He added: “We have spent a lot of time with David and other members of the Waracle leadership team getting to know them and the business. We know that joining forces at this moment will provide a great opportunity to be part of Waracle’s continued growth.”
The deal reflects continued consolidation among UK technology consultancies as firms look to add specialist expertise in cloud, data and AI while broadening access to clients in sectors under pressure to modernise digital systems. For Waracle, the addition of Inov8 strengthens a business that has expanded through both acquisitions and organic growth, with data and AI playing a more central role in its strategy.
Business & Technology
‘Leading’ Oxford cocktail bar in liquidation amid £58K debts
Duke Property Ltd, which runs the Duke of Cambridge bar on Little Clarendon Street, entered Creditors Voluntary Liquidation on July 28.
This is a a liquidation procedure that enables a company to be wound up by resolution of the members of the company instead of by a court order.
READ MORE: Over 500 jobs at risk as leading UK charity shutting 190 sites
A statement said: “Notice is given that at a General Meeting of the Company, duly convened and held at the place and on the date given above, a special resolution was passed that the company be wound up voluntarily; and an ordinary resolution was passed appointing the Liquidator for the purposes of the winding-up.”
The liquidators appointed were from Fortis Insolvency, with Daniel Taylor of the firm stating that the economic climate over the last few years has provided “major challenges”.
Duke of Cambridge cocktail bar (Image: Oxford Mail)
He said: “It is always difficult when an individual or company faces insolvency, as one failure often impacts on others around them either directly or indirectly. From suppliers to employees to finance providers to HMRC, there is always a wider consequence.
“The economic climate over the last few years has provided several major challenges to businesses, and the fall-out continues to be encountered.
“We know that this business is not alone in what it has faced over recent trading periods, and suspect that there are more economic consequences yet to be felt.”
The Duke of Cambridge has also been approached for comment.
The company’s latest accounts, to May 31, 2025, show creditors falling within a year worth over £58,000 and an average of three employees, less than half the number from the year before.
READ MORE: Oxfordshire construction firm being wound up with £75K debts
On its website, the Duke of Cambridge describes itself as “Oxford’s leading cocktail bar” and says its has been open since 1981.
It adds: “Located in the bohemian district of Jericho, the bar is always bursting with atmosphere at the weekends with a more chilled vibe during the week.
“Fresh ingredients, cool interiors and friendly staff give The Duke genuine character and style.”
In addition it said that it is “currently closed for a refurbishment following a break in”, with Google also reporting the cocktail bar as closed.
It added that it would be “reopening soon”.
Business & Technology
UK shoppers embrace AI, but trust remains a hurdle
JOSEPH GABRIEL LAGONSIN
News Editor
Nearly half of UK adults have used artificial intelligence tools during their online shopping journey, according to a survey of 2,000 people commissioned by price comparison group Idealo.
The research found that 46% of UK shoppers had used AI tools while shopping online, and 19% said they consulted AI every day. It also suggested that 75% believe AI will significantly change how people shop in future.
Consumers appear most comfortable using AI at the research stage rather than letting it handle a full transaction. While 74% of AI users said the technology provides useful recommendations, only 41% said they would trust it to complete an entire shopping journey from product discovery to purchase.
The figures point to a gap between interest in AI shopping tools and confidence in them. Nearly a third of respondents, 29%, said AI helps them save time when shopping online, while 33% said they use it to summarise product features.
More than half, 54%, said AI can help them make better purchasing decisions overall. Yet a sizeable minority still prefer established habits, with 35% saying they would rather compare prices using traditional methods.
Trust issues
Concerns over privacy and reliability were central to the findings. Data privacy was the biggest worry overall, cited by 53% of consumers using AI-powered platforms.
At the same time, 42% said they were concerned AI tools could surface unreliable offers or direct them to fake retailers. Another 34% worried about inaccurate recommendations, while 19% viewed AI as a broader risk to society.
The results suggest shoppers are willing to use chatbots and other AI tools as a starting point for research, recommendations and price checks, but many remain cautious about the quality of the information they receive. That could matter for retailers and technology groups trying to make AI a bigger part of eCommerce.
The survey was commissioned after Idealo launched a ChatGPT app aimed at helping consumers with shopping-related searches. The findings suggest AI is becoming embedded in how many people look for products and deals, even as trust remains unsettled.
Nike Herzog-Osikominu, UK country manager at Idealo, commented on the shift in behaviour and the limits of consumer confidence.
“AI is rapidly becoming part of how people shop, particularly when it comes to researching products, comparing prices and finding the best deals. Consumers clearly see the value in having an assistant that can help them save time and make more informed purchasing decisions.
“At the same time, our research shows that trust remains the biggest barrier to wider adoption. While shoppers are increasingly turning to AI for recommendations, many still want reassurance that the prices, products and retailers being presented are accurate and reliable.
“As AI becomes a more common starting point for online shopping, consumers will expect greater transparency around where recommendations come from and whether offers can be trusted. The platforms that succeed will be the ones that combine convenience with credibility,” Herzog-Osikominu said.
The findings add to the wider debate about how quickly consumers will accept AI-led services in day-to-day purchasing. Although many respondents said the technology is useful, the lower level of trust in handing over the full buying process suggests adoption may depend as much on confidence and verification as on convenience.
Price comparison emerged as one of the clearest areas where respondents see value in AI tools. Even so, concerns that automated systems could point shoppers towards fake retailers or misleading offers highlight the commercial risk for platforms that fail to establish reliability.
Herzog-Osikominu also linked that issue to Idealo’s role in the market.
“This is exactly where Idealo adds value – by combining the convenience of AI-powered shopping with trusted price comparison, transparent retailer information and reliable product data, helping consumers make more confident purchasing decisions,” Herzog-Osikominu said.
Business & Technology
Military veteran opens Oxfordshire pub after 4-year closure
The Lord Kitchener in Bampton Road, Curbridge closed down in August 2022, but was relaunched last month to the public.
Paul and Lianne Newton purchased the property from Greene King in 2024, free of lease, and set about organising an extensive refurbishment.
Mr Newton said: “We’ve been blown away by the support we’ve received so far.
READ MORE: Historic £1.8 million Blenheim hotel in Cotswolds town under offer
“We’ve already taken bookings for a wedding reception, and we’re receiving enquiries for events and private parties right through into 2027.
“It’s been an incredible start.”
Kitchen staff at the Lord Kitchener in Curbridge during its launch party on Wednesday, July 15 (Image: Contributed)
The roadside oak-beamed pub dates from the early 18th century when it was known as the Herd of Swine.
The village social club was based there, and it supported local charities.
Military veteran Mr Newton now wants to turn it into a welcoming hub at the heart of the community.
It reopened on Wednesday July 15, but the couple say there are still some final touches to be done.
The Lord Kitchener in Curbridge reopened on Wednesday, July 15 (Image: John Winney)
Mr Newton explained: “We knew there would always be more to do, but we wanted to get open, welcome people in and build a fantastic team.”
Included in that team is head chef James Brooks, who brings more than 30 years experience as a professional cook to the Lord Kitchener.
The menu is inspired by the vibrant flavours of the Mediterranean, showcasing fresh ingredients and complemented by carefully selected drink pairings.
Food includes Pamboli sandwiches, tapas, burgers, fish and chips and Argentinian grill steak.
The Lord Kitchener in Curbridge reopened on Wednesday, July 15 (Image: John Winney)
“We’re learning every day,” said Mr Newton, “adapting and continually improving as we bring our vision to life”.
He added: “Our goal is to create a place where everyone feels welcome and enjoys spending time.
“We’re incredibly grateful for everyone’s support, patience and encouragement as we continue to grow.
Paul and Lianne Newton of the Lord Kitchener in Curbridge during its launch party on Wednesday, July 15 (Image: Contributed)
“We’re excited about the future of The Lord Kitchener and look forward to creating something truly special that the whole Curbridge community can be proud of.”
READ MORE: UK greyhound racing business with £4 million debts in liquidation
Local councillor Liam Mackenzie said after it opened: “Great to see the Lord Kitchener reopen in Curbridge a couple of weeks ago, bringing the number of pubs in the Ducklington Ward from 1 to 2!
“The only question now – where else needs a new pub?!”
Curbridge and Lew Parish Council owns a one-acre field alongside the pub called the Lord Kitchener Field.
In the early 2000s the pub was owned by Oxford-based brewery Morrells, which Greene King bought.
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