A turnaround investment group linked to Hobbycraft’s recent acquisition has stepped in to save Crafter’s Companion, the loss-making crafting company founded by Dragons’ Den panellist Sara Davies. The business has been bought via a swift…
Business
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Employers offering unpaid or low-paid internships are blocking working-class and disadvantaged young people from the best career paths, according to new research by the Sutton Trust. The social mobility charity found that internships, often essential…
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The Office for National Statistics (ONS) has signed a deal worth £8 million to hire hundreds of temporary workers in a bid to repair what economists warn is “virtually unusable” data on employment in the…
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Business
Fuel Ventures and Oxford Capital join forces with $1M backing for Egregious to fight AI-driven deception
In a move reflecting mounting concerns about disinformation and cyber threats, UK-based venture capital firms Fuel Ventures and Oxford Capital have co-led a $1 million pre-seed funding round in Egregious. The pioneering company specialises in…
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For the first time since 2022, The Royal Ballet School is holding its regional Winter Intensives in London, Manchester, and Edinburgh. The non-selective Intensives will take place in February 2025 and are suitable for dancers…
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HMRC has come under renewed scrutiny after figures showed that over 44,000 callers were abruptly cut off while on hold last year, with some facing wait times of up to 70 minutes. The revelation arrives…
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Rachel Reeves, the Chancellor, has signalled that economic growth must take precedence over net zero goals, creating a likely rift with Energy Secretary Ed Miliband and senior Labour figures who remain opposed to expanding the…
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Britain’s soaring sickness bill has left policymakers and economists scratching their heads, with near-record numbers of workers absent on long-term health grounds costing the public purse more than £65.7 billion a year. Some 2.8 million…
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Rachel Reeves has pledged a root-and-branch review of the UK’s immigration framework, including potential new visa routes for high-skilled workers in AI and life sciences, as part of a wider push to stimulate economic growth.…
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Rishi Sunak is set to embark on an academic chapter of his career after securing two high-profile posts at Oxford and Stanford universities. The former prime minister announced he will be joining the Blavatnik School…