Business

Aston Martin has confirmed it will cut 20% of its workforce after annual losses widened sharply, as the luxury carmaker battles weak global demand and the impact of US trade tariffs. The Gaydon-based manufacturer said…

UK property technology platform Dwelly has raised £69m ($94m) in combined equity and debt funding to expand its AI-driven roll-up of independent letting agencies across Britain. The capital raise includes a £32m equity round led…

HSBC has unveiled its largest bonus pool in 14 years after annual profits came in ahead of City expectations, handing bankers a $3.9bn windfall as the group accelerates its strategic overhaul. The FTSE 100 lender…

Reform UK has pledged to abolish the government’s Renters’ Rights Act if it wins the next general election, describing the legislation as part of a raft of regulations that are “hindering growth, investment and prosperity”.…

The government has convened a new taskforce to unlock up to £1bn in additional lending for small businesses, pressing Britain’s major banks to commit fresh capital to alternative community lenders. Ministers are seeking “concrete commitments”…

The British Business Bank has committed a further £25m to support emerging and diverse angel syndicates across the UK, bringing total investment in the platform to £32m. The funding is being deployed through a vehicle…

Peter Mandelson was arrested at his Regent’s Park home amid concerns he posed a potential flight risk, according to his legal team. The former cabinet minister and peer was detained on Monday afternoon on suspicion…

A senior adviser to Rachel Reeves has drawn sharp criticism from the hospitality sector after saying Britain does not “need any more restaurants”. Alex Depledge, appointed last year as the Government’s entrepreneurship adviser, argued that…

In many organisations, portfolio is still viewed as a list of products and services – something to be expanded in the hope that more choice will unlock more opportunity. In reality, sustainable growth rarely comes…

The UK’s data protection watchdog has fined Reddit £14.47m after finding serious failings in how the platform handled children’s personal information. The penalty, issued by the Information Commissioner’s Office (ICO), follows an investigation that concluded…