Entrepreneurship

More than half of young Britons are unable to name a single entrepreneur, according to new research that campaigners say highlights a worrying disconnect between the UK’s startup culture and the next generation. A YouGov survey conducted for Enterprise Britain found that 56 per cent of 18 to 25-year-olds could not name an entrepreneur, founder

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