Business

Britain has recorded its highest number of company closures for two decades, with the final quarter of 2024 seeing 198,046 businesses struck off the official register. The figure, revealed by research firm Beauhurst, surpasses levels last reached in 2021 and in the aftermath of the 2008 financial crisis. Henry Whorwood, managing director of research and […]

Tie-ups with retailers such as B&Q, Screwfix and Ann Summers have helped Deliveroo to raise its profit forecast, after the food delivery group recorded a strong uptick in orders. The FTSE 250 firm, which debuted on the London Stock Exchange in 2021, told shareholders that adjusted underlying profit for the year to 31 December is

The Small Business Charter (SBC) has appointed entrepreneur Byron Dixon OBE, founder and chief executive of freshness-technology firm Micro-Fresh, as its new chair. Dixon takes over from outgoing chair Michael Hayman MBE, marking a key leadership shift as the organisation celebrates its tenth anniversary. Dixon is best known for establishing Micro-Fresh, a multi-award-winning business that

Workers in the North of the UK have become more likely to receive a pay rise than their Southern counterparts, according to the new Salary Trends Report 2025 from Totaljobs. The research, drawing on 17.5 million online job adverts and a survey of 3,000 people, found that 84% of employees in the North East benefited

The UK’s economy grew by just 0.1 per cent in November, below forecasts of 0.2 per cent, according to the Office for National Statistics (ONS). The subdued figure, announced on Friday, underscores the continued weakness in Britain’s recovery as Labour’s new government grapples with stubborn inflation, lukewarm consumer confidence, and looming global trade risks. The

Mark Carney, the former governor of the Bank of England, has joined the contest to succeed Justin Trudeau as leader of Canada’s ruling Liberal Party. His announcement comes just over a week after Trudeau stepped down, amid dismal polling and growing discontent from his own MPs, ending a nine-year tenure at the helm of Canadian

First-time buyers could soon find it easier to step onto the property ladder under proposals to relax mortgage rules, as financial regulators explore ways to enable “responsible risk-taking” among borrowers. The Financial Conduct Authority and other watchdogs are understood to be considering adjustments to existing lending guidelines, potentially allowing banks and building societies greater flexibility

In high-tech industry and financial markets a single misstep or careless remark can lead to significant consequences. Jensen Huang, CEO of Nvidia, found himself in the spotlight when his comments triggered noticeable fluctuations in the financial markets, affecting both the quantum computing sector and Nvidia’s own reputation. It all started when Huang, speaking with reporters

Aston Martin appear to be plotting a record-breaking deal worth an estimated £1 billion to lure Max Verstappen away from Red Bull, signalling an extraordinary shift in Formula One’s financial landscape. Multiple industry insiders suggest Jefferson Slack, Aston Martin’s Managing Director (Commercial and Marketing), has been hinting to prospective sponsors that the four-time world champion

Lena Esmail is a trailblazer in healthcare leadership, dedicated to creating equity and accessibility in medical services. Born and raised in Youngstown, Ohio, Lena grew up on the city’s North Side, working in nearly every business on Belmont Avenue during her formative years. She graduated from Liberty High School in 2004 and pursued higher education