London-based biotechnology startup Ternary Therapeutics has secured £3.6 million in seed funding to accelerate the development of its artificial intelligence-driven platform designed to engineer a new class of medicines known as molecular glues. The funding…
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Business
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Britain’s largest car park operator, National Car Parks (NCP), has taken the first formal step toward administration, putting more than 1,000 jobs at risk and raising fresh questions about the future of hundreds of parking…
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Business
Maven backs digital investigations platform Chorus with £15m investment to drive AI expansion
Maven Capital Partners has completed a £15 million investment in digital investigations specialist Chorus Intelligence, backing the fast-growing software firm as it expands its AI-powered platform and accelerates international growth. The deal, led by Maven’s…
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Thousands of British expatriates fleeing the escalating conflict in the Middle East are urging the UK government to clarify whether they could face unexpected tax bills after returning to Britain earlier than planned. Tax specialists…
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Business
Automotive skills shortage reaches critical levels as 92% of UK employers struggle to recruit
The UK automotive sector is facing the most severe skills shortage of any industry in the country, with more than nine in ten employers struggling to recruit the specialist talent they need, according to new…
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Tax investigations by HM Revenue & Customs into the UK’s largest companies are now taking nearly three and a half years to resolve on average, according to new analysis by multinational law firm Pinsent Masons.…
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Britain’s manufacturing sector has begun 2026 on a fragile footing, with factories reporting a sharp drop in domestic orders and a surge in operating costs that has forced companies to raise prices at the fastest…
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Retail entrepreneur Theo Paphitis has stepped in as interim chief executive of Robert Dyas as the high-street chain battles declining sales and changing consumer habits. Paphitis, who owns the business through the Theo Paphitis Retail…
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The UK government is introducing new financial incentives for businesses to hire unemployed young people, offering employers £3,000 for each jobless person aged 18 to 24 they bring into work. The initiative forms part of…
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Meta is reportedly preparing for a major round of layoffs that could affect as much as 20 per cent of its global workforce, as the technology giant seeks to offset the soaring cost of artificial…