Liberty Global and Telefónica have agreed a £2bn deal to acquire Netomnia, expanding Virgin Media O2’s fibre reach to 20m UK premises and intensifying competition with Openreach. Read more: Virgin…
Ofgem’s April price cap is forecast to fall 7% to £1,641, cutting typical household energy bills by £117 after government policy changes. Read more: Household energy bills set to fall…
Boohoo Group is launching a £35m share placing to cut debt and support its turnaround, as shares fall 10% and competition intensifies. Read more: Boohoo to raise £35m from shareholders…
UK inflation dropped to 3% in January, its lowest level since March 2025, strengthening expectations that the Bank of England could cut interest rates in March. Read more: UK inflation…
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…