The Sunday Times has unveiled its much-anticipated list of the UK’s 100 fastest-growing private companies of 2025, with activewear label Dfyne topping the rankings after recording extraordinary growth of 517 per cent a year. Founded by Glasgow entrepreneur Oscar Ryndziewicz, the company posted revenues of £66.8 million this year, having been started on a credit […]
Four standout teams have been crowned winners of the Isle of Man Innovation Challenge 2025, following a global competition showcasing cutting-edge solutions in cleantech, data and AI, fintech, and sustainability. Now in its third year, the Innovation Challenge attracted over 100 entrants from more than 20 countries, with 14 finalists selected to take part in […]
A Manchester entrepreneur has been cleared of computer hacking after a private prosecution brought by the Information Commissioner’s Office (ICO). Craig Cornick, who runs several companies in the legal and financial services sectors, was found not guilty by a unanimous jury at Bolton Crown Court of conspiring to access computer systems without authority. The allegations […]
Prime Minister Keir Starmer has publicly thanked Britain’s businesses for absorbing the financial burden of his government’s £23 billion national insurance hike, while facing mounting pressure from industry leaders not to impose further tax rises in the autumn. Speaking at the British Chambers of Commerce (BCC) annual conference, Starmer acknowledged the scale of the demands […]
The High Court trial between PPE Medpro and the Department of Health and Social Care (DHSC) resumed on day eight with a forensic focus on the statistical credibility of the government’s gown sterility tests — tests that underpin its £122 million claim that PPE Medpro breached contract by supplying non-sterile surgical gowns. In a day […]
Electric carmaker struggles as consumers turn to cheaper rivals amid a backlash against Elon Musk Tesla sales in Europe fell for the fifth consecutive month in May even as demand for electric cars continued to increase. The electric carmaker sold 8,729 vehicles across the European Union last month, figures from the European Automobile Manufacturers Association […]
Aston Martin is set to restart car exports to the United States next week after a three-month pause triggered by President Trump’s shock “liberation day” tariffs, with its chief executive warning that political inconsistency is wreaking havoc across the automotive industry. Adrian Hallmark, who took over as CEO of the London-listed luxury carmaker earlier this […]
The UK’s fifth‑largest supermarket said like‑for‑like sales grew 3.9 per cent in the three months to early June, up from 2.1 per cent in the previous quarter, when a cyberattack on supply‑chain software provider Blue Yonder forced the retailer to slash prices on some items to keep shelves stocked. Including new space, total sales rose 4.2 per cent to £3.9 billion, while underlying […]
More than £1 billion has now been paid out to victims of the Post Office Horizon IT scandal, marking a significant milestone in the ongoing effort to deliver justice to thousands of wronged sub-postmasters. The government confirmed that, as of 2 June, a total of £1.039 billion had been awarded to just over 7,300 individualsthrough […]
The Bank of England has kept its benchmark interest rate at 4.25%, but hinted that a cut could be on the horizon as early as August, amid growing signs of a weakened UK economy and rising global risks. While Governor Andrew Bailey acknowledged that inflation is now on a gradual downward path, he warned that […]