The first social enterprise in the UK dedicated solely to helping emergency responders make a smoother transition into life after public service has been formally launched. Where before there was no clear post-career structure for ex-emergency services personnel and their families, X-ES (X-Emergency Services) will offer free, co-ordinated information, post-career advice and comprehensive specialist support […]
Nova Pangaea Technologies, the UK company which converts woody and agricultural residues into sustainable biocarbons, biofuels, biochemicals and biopolymers, has raised a further £2.4m from existing investors as part of a successful Series A funding round. The latest investment has been led by Par Equity, alongside Northern Powerhouse Investment Fund (NPIF) and Cambridge Angels as […]
Duncan Swift, past president of insolvency and restructuring trade body R3, responds to the publication of the All Party Parliamentary Group on Fair Business Banking’s report on insolvency regulation: “The APPG’s work has restarted debate about the future of insolvency regulation, and how we can improve our already successful and internationally well-regarded regulatory framework. With […]
Investment managers Downing LLP and Pollen Street Capital are pleased to announce a further two deals worth almost £20m (£19.2m in net debt) for property developments in Birmingham, as part of the continuing real estate funding partnership between the two businesses. One of the developments will feature the construction of 80 new residential apartments in […]
A report published by NatWest has found that changes brought about due to the pandemic have inspired record numbers of UK adults to start their own business. 1 in 7 adults now plan to become an entrepreneur, an increase of 50% on last year, and despite data that suggests the number of existing entrepreneurs in […]
UK businesses have had to become both innovative and resilient to survive the impact of Covid and none more so than Bishop Stortford based family butchers Farm2Table which specialised in supplying quality free range products to the retail and catering trade. The Farm literally saw its business dry up overnight when the hospitality sector in […]
More than two thirds (67%) of banks think they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus). The ‘Evolve or be extinct’ report was conducted by FT Focus and surveyed over 500 senior […]
Croft and Cuan, launched in 2020 after sisters Christina Morrison and Samantha MacCormick were made redundant during the pandemic, and prides itself on the delivery of delicious food with locally sourced ingredients. Recognising that the island had some of the best produce in the country available and Christina and Samantha wanted to have a high […]
Fintech startup Lightyear announces today an additional $8.5m of funding alongside the launch of its app as the company starts to onboard UK customers from its waiting list. Lightyear combines multi-currency accounts with unlimited access to global markets so customers can invest freely without hidden fees. Lightyear is founded by early Wise alumni Martin Sokk […]
Completions in central London are expected to hit a three-year high, with 5.5m sq ft scheduled for delivery by the end of this year, according to Savills research. Pre-lets accounted for more than a fifth of space acquired since the first lockdown in March last year. The property agent said central London requirements stood at […]
