Challenger banks hold 60% of SME lending as high street banks fight back
Challenger banks retained a 60% share of SME lending in 2025, raising questions over whether high street banks are regai...
Section
Business
Reeves vows to stop UK tech ‘drifting abroad’ with £2.5bn AI and quantum push
Rachel Reeves unveils £2.5bn investment in AI and quantum computing to stop UK tech firms moving overseas and boost econ...
Nigerian firms announce millions in UK investment as hundreds of jobs set to be created
Nigerian banks, fintech firms and creative businesses are expanding in the UK, creating hundreds of jobs as part of mill...
Virgin StartUp unveils £20m funding pot for UK founders after passing £100m Start Up Loans milestone
Virgin StartUp has announced £20m in Start Up Loans funding for 2026/27 after surpassing £100m in total loans delivered,...
AI adoption could unlock £105bn revenue boost for UK mid-sized firms by 2030
UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Ceb...
Meta preparing major layoffs as AI spending accelerates
Meta is reportedly planning sweeping layoffs that could affect up to 20% of its workforce as the tech giant ramps up AI...
Automotive skills shortage reaches critical levels as 92% of UK employers struggle to recruit
The UK automotive sector faces the most severe talent shortage in the economy, with 92% of employers struggling to recru...
UK biotech Ternary raises £3.6m to scale AI platform for next-generation drugs
London biotech startup Ternary Therapeutics has raised £3.6m to scale its AI-powered platform designed to engineer molec...
NCP faces administration as Britain’s largest car park operator files court notice
Britain’s largest car park operator NCP has filed notice of intention to appoint administrators, putting more than 1,000...
Maven backs digital investigations platform Chorus with £15m investment to drive AI expansion
Maven Capital Partners has invested £15m in Chorus Intelligence to accelerate growth of its AI-powered digital investiga...
British expats fleeing Middle East conflict fear unexpected UK tax bills
British expats returning from Dubai amid the Middle East conflict fear unexpected UK tax bills as emergency returns risk...
HMRC investigations into big businesses now last nearly three and a half years on average
HMRC tax investigations into the UK’s largest businesses now last an average of 41 months, with more than 2,100 open cas...
Government offers £3,000 incentive for firms to hire unemployed young people
UK employers will receive £3,000 grants to hire unemployed 18–24 year-olds under new government plans to tackle rising y...
Theo Paphitis steps in as interim CEO of Robert Dyas to lead turnaround
Former Dragons’ Den investor Theo Paphitis has taken over as interim CEO of Robert Dyas, aiming to revive the struggling...
UK factories hit by ‘collapse’ in orders as costs surge across manufacturing sector
UK manufacturers warn of collapsing domestic orders and rising costs, with firms raising prices at the fastest pace sinc...
Companies House suspends online filing service after cyber vulnerability exposes director data
Companies House has suspended its WebFiling service after a security flaw exposed sensitive company data including direc...
Fuel price surge could force one in ten drivers to cut hospital visits, survey warns
Rising petrol and diesel prices could force one in ten drivers to reduce hospital visits, according to a FairFuelUK surv...
F1 set to cancel Bahrain and Saudi Arabian Grands Prix amid Middle East conflict
Formula 1 is expected to cancel the Bahrain and Saudi Arabian Grands Prix due to escalating conflict in the Middle East,...