UKAI, the UK’s trade association for the AI industry, has appointed global communications agency Centropy PR as its agency of record. Read more: UK’s AI trade association appoints Centropy PR…
Battery Ventures has closed a $3.25bn oversubscribed fund to invest in software, AI, cybersecurity and industrial tech across the US, Europe and Israel. Read more: Battery Ventures raises $3.25bn fund…
Octopus Energy Generation will deploy nearly $1bn into Californian carbon removal, heat battery and solar-plus-storage projects as part of a wider $2bn US expansion plan. Read more: Octopus Energy Generation…
Profit margins at the world’s top luxury groups have fallen from 24% to 13%, with experts urging cost cuts in indirect spending to protect brand value. Read more: Luxury brands…
SatVu has secured £30m including backing from the NATO Innovation Fund to expand its space-based thermal imaging constellation for defence and sovereign intelligence use. Read more: NATO Innovation Fund backs…
The British Business Bank has pledged up to £45m to Redrice Ventures’ £75m Fund II, supporting seed-stage UK consumer brands and creative industry startups. Read more: British Business Bank commits…
Eight in ten recruiters say graduates are missing job offers due to weak work ethic and soft skills, with many employers extending probation periods, research finds. Read more: Graduates missing…
UK unemployment rose to 5.2% and wage growth slowed to 4.2%, increasing pressure on the Bank of England to cut interest rates next month. Read more: UK unemployment hits five-year…
Topshop is returning to bricks-and-mortar retail in 32 John Lewis stores, marking its biggest high street comeback since Arcadia’s collapse in 2020. Read more: Topshop returns to the high street…
Warrington-based Built For Athletes has secured £1.025m from NatWest to support international growth, product innovation and sustainability ambitions. Read more: Built For Athletes secures £1m NatWest funding to fuel global…