Entrepreneurship

Rachel Reeves will deliver her Spring Statement on March 3, just over three months after her November Budget, in what is expected to be a lower-key fiscal event focused more on forecasts than fresh policy announcements. Unlike the autumn Budget, the Spring Statement is not expected to contain tax rises or major spending cuts. Reeves […]

The UK’s data protection watchdog has fined Reddit £14.47m after finding serious failings in how the platform handled children’s personal information. The penalty, issued by the Information Commissioner’s Office (ICO), follows an investigation that concluded Reddit had failed to implement robust age assurance mechanisms and did not have a lawful basis for processing the data

In many organisations, portfolio is still viewed as a list of products and services – something to be expanded in the hope that more choice will unlock more opportunity. In reality, sustainable growth rarely comes from volume alone. For high-performing businesses, a strategic portfolio is one that is deliberately designed around customer outcomes. It supports

Peter Mandelson was arrested at his Regent’s Park home amid concerns he posed a potential flight risk, according to his legal team. The former cabinet minister and peer was detained on Monday afternoon on suspicion of misconduct in public office, following allegations that sensitive government documents were leaked while he was serving as business secretary

A senior adviser to Rachel Reeves has drawn sharp criticism from the hospitality sector after saying Britain does not “need any more restaurants”. Alex Depledge, appointed last year as the Government’s entrepreneurship adviser, argued that ministers should prioritise high-growth industries such as technology and advanced manufacturing rather than hospitality and retail. Speaking to Insider Media,

The British Business Bank has committed a further £25m to support emerging and diverse angel syndicates across the UK, bringing total investment in the platform to £32m. The funding is being deployed through a vehicle managed by Haatch, an early-stage VC firm and existing partner of the Bank. The expanded commitment follows an initial £7m

The government has convened a new taskforce to unlock up to £1bn in additional lending for small businesses, pressing Britain’s major banks to commit fresh capital to alternative community lenders. Ministers are seeking “concrete commitments” over the next five years to expand funding for the community development financial institution (CDFI) sector, not-for-profit lenders that support

Reform UK has pledged to abolish the government’s Renters’ Rights Act if it wins the next general election, describing the legislation as part of a raft of regulations that are “hindering growth, investment and prosperity”. The Renters’ Rights Act 2025, due to come into force in May, represents one of the most significant overhauls of

HSBC has unveiled its largest bonus pool in 14 years after annual profits came in ahead of City expectations, handing bankers a $3.9bn windfall as the group accelerates its strategic overhaul. The FTSE 100 lender increased total variable pay by 10 per cent year-on-year, taking the 2025 bonus pot to its highest level since $4.2bn