Youth unemployment hits 11-year high as rate cut expectations build
Youth unemployment has risen to 16.1%, its highest level in over a decade, adding pressure on the Bank of England to cut interest rates next month. Read more: Youth unemployment…
Business
Nine in 10 high-risk pension funds fail to beat FTSE 100 over five years
Analysis shows 89% of medium-high and high-risk pension funds underperformed the FTSE 100 over five years, with some losing more than 90% of investor capital. Read more: Nine in 10…
Getting To Know You: James Doyle, Managing Director of Endeavour Group
We sit down with James Doyle, Managing Director of Endeavour Group, a building safety consultancy and training provider supporting duty holders responsible for some of the UK’s most complex and…
Small businesses warn of April ‘perfect storm’ as costs surge
The Federation of Small Businesses warns 35% of small firms may close or cut output as higher wages, energy bills and tax changes hit in April. Read more: Small businesses…
Virgin Media O2 owners strike £2bn deal for Netomnia in fibre consolidation push
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…
Household energy bills set to fall by £117 from April
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 to raise £35m from shareholders amid turnaround strain
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 falls to 3% as rate cut hopes build
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…
UK’s AI trade association appoints Centropy PR for external comms
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 raises $3.25bn fund to invest in global tech and AI
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…