Technology entrepreneur Tom Adeyoola has been named as the government’s preferred candidate to head Innovate UK, the country’s £1.1 billion-a-year innovation agency, at a pivotal moment for the organisation. The Department for Science, Innovation and Technology confirmed that Adeyoola, 47, is in line to replace Indro Mukerjee in the £195,000-a-year role. The appointment comes as […]
Eddie Jordan, the flamboyant and fiercely independent Formula One team owner, businessman, and TV pundit, has passed away at the age of 76. A larger-than-life figure in motorsport, Jordan was best known for founding the Jordan Grand Prix team, which brought a refreshing, rebellious energy to F1 in the 1990s. His eye for talent helped […]
Lord Sugar has extended his tenure on The Apprentice, signing a new three-year contract with the BBC that will see him remain at the helm into his 80s. The billionaire businessman was already committed to hosting the 20th series of the show next year but has now confirmed he will continue for at least three […]
Bernard Arnault, the 76-year-old chairman and chief executive of luxury giant LVMH, is asking shareholders to change the company’s rules so he can remain in charge until he turns 85. The current age limit for the dual role is 80, having already been raised from 75 in 2022. Arnault has built LVMH into a European […]
A new report has spotlighted 110 British entrepreneurs under 40 who have founded or co-founded companies valued at a combined £82 billion. The inaugural Hurun UK Under40s 2024 list celebrates these innovators for creating more than 60,000 jobs across sectors ranging from fintech and healthcare to consumer goods. To earn a spot on the list, […]
Kaleb Cooper, the 26-year-old breakout star of Jeremy Clarkson’s hit series Clarkson’s Farm, has officially joined the millionaire ranks. Newly filed company accounts show that his production firm, Kaleb Cooper Productions, amassed £910,000 in profit over the past year, contributing to a total of £960,000 in assets — including £400,000 in cash. This windfall, combined […]
Gordon Ramsay is uniting his restaurant operations on both sides of the Atlantic through a deal that sees fresh investment flowing from US private equity house Lion Capital. The celebrity chef, 58, is merging the British and American arms of his global dining empire into a single entity, jointly owned on a 50–50 basis by […]
Charlie Javice, once celebrated as a rising star of the tech world, is set to stand trial this week in New York, accused of orchestrating a multimillion-dollar fraud that saw her sell her student finance startup, Frank, to JP Morgan Chase for $175 million (£141 million). Javice, 31, joins the growing ranks of high-profile entrepreneurs […]
James Watt, co-founder of the beer producer BrewDog, has drawn controversy by describing Britain as “one of the least work-oriented countries in the world” and questioning the nation’s focus on “work-life balance”. Instead, the entrepreneur and his fiancée, the social media personality Georgia Toffolo, advocate “work-life integration”. In a video posted on social media, Watt […]
Dale Vince, the renewable energy entrepreneur and founder of Ecotricity, has publicly declared his interest in purchasing The Observer, should the ongoing negotiations with Tortoise Media fall through. Vince, known for his commitment to environmental causes and significant financial backing of the Labour Party, envisions holding the iconic Sunday newspaper in a trust to safeguard […]