News
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Usecure secures Series A funding to support global expansion. Manchester-based cybersecurity firm usecure has secured its first investment round from Kennet Partners to accelerate growth and enhance its human risk management solutions for MSPs and IT teams worldwide….
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UK hospitality sector loses 69,000 jobs due to tax hikes. The Office for National Statistics reports the sharpest peacetime job cuts outside the pandemic, prompting concerns over government tax policies threatening the industry. A letter to the prime minister highlights these challenges.
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Tesla’s UK sales see modest rebound in June. The electric vehicle market in the UK recorded robust growth, though Tesla’s performance for the year remains slightly down, with a 1.3% decline in registrations from January to June 2025.
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Five US transactions lifted M&A volumes in a shortened week. Regulatory clarity and strategic appetite drove landmark acquisitions by HPE, Home Depot, Boeing, AbbVie, and Thoma Bravo, marking a renewed focus on scale, sector positioning, and technology leadership.
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Foreign buyers drove this week’s top M&A deals in Britain. UK assets continued to attract overseas and private-equity capital, with five major transactions totalling more than £18 billion announced or completed across financial services, industry, and property sectors.
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Gen Z workers say financial worries harm job focus. Nearly half report distraction due to money stress, and most want practical employer help like discounts and education. With hundreds of thousands joining the workforce this summer, urgent questions arise for UK employers.
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UK local authorities increase climate projects despite budget constraints. Nearly half report financial hurdles, with £67 billion identified for climate initiatives. A new CDP report highlights the importance of local actions amid projected GDP declines due to climate disruptions.
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UK aims for 45,000 jobs with new wind strategy. The Onshore Wind Strategy seeks to reverse stagnation, creating skilled jobs and expanding wind capacity by 2030. It includes measures for faster development, community funding, and industry collaboration.
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Phlair and Carbon Removal to build Norway’s first DAC facility. The Øygarden project aims to remove 60,000 tonnes of CO2 annually, scaling to 500,000 tonnes, using DAC technology powered by solar energy, enhancing Europe’s carbon management capabilities….
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Fleet demand has powered the UK’s electric vehicle market. The new-car market recorded its strongest June since 2019. Battery-electric vehicle registrations rose 34.6 percent year-on-year in the first half, but private uptake remains subdued and the 2025 ZEV target is still out of reach.