Profit margins at the world’s largest luxury goods companies have almost halved in just three years, prompting calls for more disciplined cost management that preserves brand equity while restoring profitability. Research from supply chain consultancy…
Category:
Business
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UK space technology firm SatVu has secured £30m ($40m) in fresh funding, including a strategic investment from the NATO Innovation Fund, as it accelerates plans to deploy a multi-satellite thermal imaging constellation. The round brings…
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The British Business Bank has committed up to £45m as a cornerstone investor in Redrice Ventures’ £75m Fund II, aiming to strengthen early-stage investment across the UK’s creative industries. The commitment, made through the Bank’s…
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Nominations have opened for the 2026 edition of the Black British Business Awards (BBBAwards), marking the 13th year of a programme dedicated to recognising exceptional Black British talent across the UK’s corporate and entrepreneurial landscape.…
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Warrington-based fitness brand Built For Athletes has secured £1.025m in funding from NatWest as it accelerates plans for global expansion and product innovation. The facility comprises a £525,000 trade loan and £500,000 in invoice finance,…
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UK unemployment has climbed to its highest level in five years while wage growth continued to ease, strengthening expectations that the Bank of England will resume cutting interest rates in the coming months. Official figures…
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Topshop is making a nationwide return to bricks-and-mortar retail, launching in 32 John Lewis stores in its most significant high street comeback since the collapse of Arcadia Group in 2020. The relaunch, which also sees…
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Graduates are increasingly missing out on job offers because they are not considered ready for the workplace, according to new research that suggests a widening gap between academic achievement and professional expectations. A survey commissioned…
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Providing excellent customer service is often essential for a business to succeed. Even with a strong product and competitive pricing, a business can struggle if its customer service doesn’t meet expectations. Negative experiences, such as…
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The way people access healthcare has changed in recent years, and many now turn to virtual medical services as a more convenient and accessible option. For some, it has become a regular part of their…