John Lewis Partnership has scrapped its build-to-rent housing plans, citing inflation and higher interest rates as it refocuses on core retail operations. Read more: John Lewis pulls plug on build-to-rent…
Heston Blumenthalās parent company SL6 Ltd faces a winding-up petition from HMRC after posting Ā£2m losses, putting 130 jobs at risk. Read more: Heston Blumenthalās restaurant empire under threat after…
Aston Martin will cut around 600 jobs after net losses surged 52% to Ā£493m, as tariffs and weak China demand hit the luxury carmaker. Read more: Aston Martin to cut…
UK proptech Dwelly has raised Ā£69m to acquire and digitise letting agencies nationwide, using AI to streamline rentals, maintenance and rent collection. Read more: Dwelly secures Ā£69m to accelerate AI-led…
HSBC has lifted its bonus pool to $3.9bn after posting stronger-than-expected profits, as CEO Georges Elhedery pushes a āhigh performance cultureā. Read more: HSBC staff share $3.9bn bonus pot as…
Reform UK has pledged to abolish the Rentersā Rights Act if elected, prompting warnings from property experts that scrapping the law could increase instability without lowering rents. Read more: Reform…
A new government-backed taskforce is seeking to unlock Ā£1bn in additional lending for small businesses through community development finance institutions. Read more: Taskforce aims to unlock Ā£1bn in small business…
The British Business Bank and Haatch will invest Ā£32m into emerging angel syndicates to support early-stage UK startups across health, AI and sustainability. Read more: British Business Bank and Haatch…
Rachel Reevesā entrepreneurship adviser Alex Depledge has faced criticism after saying Britain does not need more restaurants, angering hospitality leaders. Read more: Reeves adviser sparks backlash after saying UK doesnāt…
Lord Mandelson was arrested on suspicion of misconduct in public office, with police reportedly concerned he could leave the UK. Read more: Lord Mandelson arrested amid concerns he was āflight…