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Innovate UK has temporarily halted its Smart Grants programme—worth £25 million a year—to overhaul how it supports small and medium-sized enterprises (SMEs). The pause...
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Innovate UK pauses flagship grants scheme for SMEs amid major review
Homebase owes £650m unsecured debt as administration details emerge
Fevertree taps Molson Coors with £71m stake sale to fuel US growth
OpenAI nears record-breaking $40bn funding deal as valuation doubles
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Homebase collapsed into administration in November, revealing it owed more than £650 million to unsecured creditors including AO World, Halfords, and The Hut, according...
Business
Premium mixer maker Fevertree has secured a deal with US beverage giant Molson Coors that will see the latter take an 8.5 per cent...
Business
OpenAI, the maker of ChatGPT, is in discussions to raise close to $40 billion in fresh funding—almost doubling its valuation to as high as...
Business
More than 52% of surveyed EV drivers did not have access to a charge point at their place of work, a YouGov survey has...
Business
Retail sales unexpectedly fell in November as Black Friday discount deals and football’s World Cup failed to boost spending, with the cost of living...
Business
Mick Lynch, the boss of the RMT, has said that a resolution to the rail dispute could come as soon next week. Asked what...
Business
The biggest changes to personal taxation in a quarter of a century are to be postponed for a further two years because the computer...
Business
Companies that used up cash reserves stockpiling materials when supply disruptions were at their worst are scaling back plans to invest as a result,...
Business
Businesses have less than two months to apply for the Help to Grow: Digital scheme, the government has announced, following a decision to close...
Business
Seasons come and seasons go, but in the business world, they aren’t always equal. From Christmas retailers and ice cream vans, to holiday let...
Business
The technology-led, multichannel marketing activation business Team ITG it has acquired Emerald Thinking Group, a data-driven customer experience agency. Emerald, which already works alongside...
Business
The Bank of England has delivered its ninth consecutive interest rate rise, taking the cost of borrowing to 3.5 per cent. Officials at the...
Business
Single-use plastic items including cutlery, plates and polystyrene cups are reportedly to be banned in England by the UK government after a consultation. Thérèse...
