Choosing between leading two iconic supercar brands might seem like an enviable dilemma, but for Adrian Hallmark, who has moved from Bentley to Aston Martin Lagonda, it’s a decision fraught with risks. Hallmark, 61, steps in as Aston Martin’s fourth chief executive in as many years, taking the reins at the company’s Gaydon headquarters this […]
Mike Lynch, the renowned British technology entrepreneur often dubbed the “British Bill Gates,” passed away on August 22, 2024, at the age of 59. Lynch was a pivotal figure in the UK tech industry, known for founding Autonomy, a software company that revolutionised data management and led to a high-profile, 12-year legal battle with Hewlett-Packard […]
In an exclusive interview with ‘Business Matters’, the founders of Temple of Incense share their inspiring journey of turning a family tradition into a thriving business. Rooted in their Punjabi heritage, they reveal the cultural inspirations behind their unique incense offerings, their admiration for their resilient ancestors, and the hard-earned lessons they’ve learned along the […]
In a landmark deal for the biotech industry, EyeBio, a London-based startup co-founded by Dame Kate Bingham, has been acquired by US pharmaceutical giant Merck, known as MSD in the UK, for up to $3bn (£2.36bn). This acquisition is poised to revolutionise treatments for blindness. Merck has committed to an initial payment of $1.3bn (£1bn) […]
Sara Davies, a familiar face from the hit show ‘Dragons’ Den’, has opened up about the hurdles her £37 million arts and crafts company, Crafter’s Companion, has encountered in recent years. The 39-year-old entrepreneur is candid about the tough times her company is enduring and her relentless efforts to navigate through them. Crafter’s Companion, a […]
Former Formula One champion Nico Rosberg, known for his triumph over Lewis Hamilton in the 2016 world championship before his retirement, is now steering into a new domain: asset management. The 38-year-old has recently secured €30 million in funding to launch Rosberg Ventures. Rosberg Ventures, dubbed a “fund of funds,” is poised to invest in […]
Husband and wife, Ian and Louise Toal from Much Wenlock in Shropshire secured a £50,000 investment for a 35% share of their company from fashion retail entrepreneur and investor, Touker Suleyman on BBC One’s Dragons’ Den, for their award-winning range of smoothie drinks for dogs. Furr Boost was the inspiration of Louise who, for over […]
International Women’s Day is a global day celebrating the social, economic, cultural, and political achievements of women, yet a lot more still needs to boost opportunities for young girls and tackle gender equality in the workplace. Fortunately Sarah Jones and Jeannette Linfoot, two businesswomen who have worked hard throughout their careers to tackle such issues, […]
The technology group Dyson has paid a £1.2bn dividend to the Singapore-based family holding company of its founder. The pro-Brexit entrepreneur Sir James Dyson moved the group’s corporate headquarters to the city state in 2019, attributing the decision to the growing importance of supply chains and customers in Asia. Filings published in Singapore’s corporate registry […]
Rupert Murdoch, the Australian-born media mogul known for his towering influence over British media and politics, has announced his retirement, marking an end to a career that has shaped the UK’s media landscape for more than half a century. Murdoch first ventured onto UK shores in 1969, acquiring the struggling tabloid News of the World. […]