Innovate UK announces winners of its Agentic AI Pioneers Prize, awarding funding to startups advancing AI in life sciences, manufacturing and creative sectors. Read more: Innovate UK names winners of…
Maven exits Manchester fintech AccessPay in sale to Accel-KKR, delivering a 2.5x return and highlighting strength of the Northern fintech sector. Read more: Maven exits AccessPay in private equity deal…
The British Business Bank has invested £8.5m in Dexory to scale its AI-powered warehouse intelligence platform and global logistics operations. Read more: British Business Bank backs Dexory with £8.5m to…
Rising fuel prices risk pushing UK small businesses to collapse, with campaigners urging Rachel Reeves to cut fuel duty and reform pricing. Read more: Fuel price crisis risks pushing small…
The FCA has reduced the car finance compensation bill to £7.5bn, while increasing average payouts, as lenders and consumers weigh potential legal challenges. Read more: Car finance redress bill cut…
London food suppliers face rising costs and disrupted imports as the Iran war drives up fuel prices and strains global supply chains. Read more: Iran war drives up costs and…
Sir Jim Ratcliffe’s Ineos reports $593m loss and skips dividend as energy volatility and Middle East tensions drive up costs and risks. Read more: Ineos losses widen to $593m as…
Ford’s FCE Bank has set aside £155m for car finance mis-selling claims as the FCA prepares to unveil rules for a multibillion-pound compensation scheme. Read more: Ford’s FCE Bank sets…
UK retail sales fell 0.4% in February as shoppers cut spending, with economists warning the Iran war could further weaken demand and confidence. Read more: UK retail sales fall as…
UK businesses are more financially vulnerable than before the Ukraine war, with rising energy costs and interest rates increasing corporate distress. Read more: UK firms enter new energy crisis weaker…