-
Xero has launched new supplier payment reporting for UK businesses. The tool converts accounting records into Fair Payment Code evidence, reducing manual calculations when companies monitor or demonstrate supplier payment performance.
-
EnSilica delivered record annual revenue as recurring chip sales grew. Revenue rose 53% to £27.8m while EBITDA reached £5.9m and lifetime contracted supply visibility increased to $375m.
-
Living Optics has raised $20m to expand hyperspectral imaging globally. The Oxfordshire company has attracted strategic investors from defence and semiconductor manufacturing alongside the British Business Bank.
-
Sainsbury’s held exploratory merger talks with Morrisons earlier this year. The discussions have ended, but their disclosure points to renewed consolidation pressure across Britain’s intensely competitive grocery sector.
-
BT has acquired TalkTalk after its rival entered administration today. The transaction carries an approximately £400m FY27 cash impact and secures 2.5 million connections while triggering an urgent competition and public-interest review.
-
Revolut has reached a $115bn valuation during rapid global expansion. The fintech now serves more than 80 million customers as it builds banking operations across an increasing number of markets.
-
Costa Coffee returned to operating profit after two loss-making years. Revenue grew as the chain expanded stores, refreshed menus and invested in formats designed to attract younger customers.
-
Tesco has introduced paid safe leave for domestic abuse survivors. Employees can take up to three days or 21 hours to secure practical, legal and personal support.
-
Germany may grow about twice as fast as previously forecast. Exports and government spending are supporting recovery, although energy costs and weak private investment continue to constrain Europe’s largest economy.
-
G20 trade ministers split over action against structural excess capacity. Many members backed further work, but disagreement remains over how global trade rules should respond to subsidies and non-market production.