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Dior, M&S, Co-op and Harrods are the latest victims in a growing crisis. Why retail — and what happens next?
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New SVB report reveals AI startups dominate venture funding, but warns of ‘zombiecorns’—overfunded companies with weak growth and poor unit economics. Read more: AI cash boom masks rise of ‘zombiecorns’ as funding gaps widen in startup ecosystem
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Inflation bounced back up to 3.5 per cent in April, official data has revealed, underlining the cost burden firms are taking on after Chancellor Reeves’ tax hikes on employers and rise to the national living wage came into effect. Consumer price inflation rose by 1.2 per cent on a month-on-month basis, higher than the last…
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A landmark “reset” deal between the UK and the EU pledges lighter red tape and closer ties — but fishermen and hard-Brexit campaigners are crying foul.
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UK banks are calling for branch staff to be included in new laws protecting retail workers from assault, citing over 10,000 incidents of abuse last year. Read more: Banks demand equal protection for staff as retail worker assault law moves forward
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Uber Boats by Thames Clippers has secured £59m in funding from Natwest and Santander after experiencing a surge in passenger numbers since the Covid-19 pandemic. The London river transport provider said the joint funding package would support plans for new vessels, pier upgrades and improvements to dry docking facilities. “It’s vital that we have funding…
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Research from The Frameworks finds that businesses with an imagination-led culture see higher revenue growth and greater resilience.
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Harry Styles’ record label suffered a dramatic fall in its sales and profit in the year after the release of his third solo album. The former One Direction star released the Harry’s House album in May 2022 through his studio, Erskine Records, and Columbia Records. Its success resulted in Erskine Records achieving a turnover of…
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New UK rules will bring BNPL under formal credit law, forcing a strategic reset for fintech lenders and investors.
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UK inflation is expected to jump to 3.6% in April, its fastest rise since 2022, driven by higher energy, water, and payroll costs, according to City analysts. Read more: UK inflation set for sharp rise in April after surge in household bills