The government has launched a taskforce aimed at unlocking an additional £1 billion in lending for small businesses over the next five years. This initiative is a collaboration between banks
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John Lewis Partnership has announced its decision to withdraw from its build-to-rent housing initiative, a move that marks a significant shift in the retailer’s strategic focus. This decision comes as
IBM, known colloquially as Big Blue, has recently experienced a wave of uncertainty regarding artificial intelligence. This situation reflects the broader concerns within the tech industry as major companies grapple
Convatec, the FTSE 100 medical equipment maker, has recently enhanced its medium-term financial forecasts following strong results linked to increased investment in new product offerings. This positive update comes amidst
A northern pubs company has shown resilience against the challenges facing the hospitality sector by reporting an increase in sales and profits. Admiral Taverns, which operates 1,365 community pubs across
The recent changes to the tax landscape in the UK have raised concerns among entrepreneurs, prompting many to reconsider their future in the country. The adjustments to capital gains tax
HSBC is taking urgent steps to prevent substantial losses on loans amounting to tens of millions of pounds extended to BrewDog, a craft beer enterprise that is now confronting the
The owner of one of Britain’s largest family businesses has made a significant move into Europe by acquiring Heidemark, a German turkey and chicken processor. This acquisition is part of
Lord Mandelson’s lobbying firm, Global Counsel, is set to close following revelations about his close connections to Jeffrey Epstein. This development has resulted in a significant loss of clients, prompting
Lisa Nandy, the Culture Secretary, has granted approval for Lord Rothermere, owner of the Daily Mail, to advance his planned £500 million takeover of the Telegraph. This permission signifies a
The ongoing debate regarding the impact of Labour’s new business rates reform has intensified, with rising concerns among industry stakeholders. Sadiq Khan, the Mayor of London, is poised to benefit
Caffe Nero has reported a significant rise in debts as the coffee chain accelerates its expansion strategy. Recent accounts reveal that the Nero Group borrowed an additional £53.3 million last
The Magnum Ice Cream Company has experienced a chilly reception from investors following its first set of results post-demerger from Unilever. The company’s shares have declined sharply amid concerns over
Rupert Murdoch is poised to take over the printing of The Guardian newspaper following the announcement that its current printer will cease operations at most of its production facilities. This
The Supreme Court has ruled that Oatly, the popular oat drink manufacturer, is no longer permitted to use the term “milk” in its promotional materials. This decision has significant implications
The landscape for small businesses in the United Kingdom is becoming increasingly precarious, presenting challenges comparable to those experienced during the Covid-19 pandemic. A recent report from the business and
