Aston Martin to cut 20% of workforce as annual losses widen
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…
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Heston Blumenthal’s restaurant empire under threat after HMRC winding-up petition
The future of The Fat Duck and other restaurants founded by Heston Blumenthal is in doubt after HM Revenue & Customs issued a winding-up petition against the chef’s parent company.…
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John Lewis pulls plug on build-to-rent venture amid retail reset
John Lewis Partnership has abandoned its build-to-rent housing ambitions, retreating from a high-profile property diversification strategy as the group pivots back towards its core retail business. The employee-owned retailer confirmed…
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Dwelly secures £69m to accelerate AI-led rental marketplace expansion
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…
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British Business Bank and Haatch commit £32m to back diverse UK angel syndicates
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…
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Building Sustainable Growth Through a Strategic Portfolio
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…
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Lord Mandelson arrested amid concerns he was ‘flight risk’
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…
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Reeves adviser sparks backlash after saying UK doesn’t ‘need any more restaurants’
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…
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House of Champions to open in Jersey as new hub for founders and freelancers
A new purpose-built workspace aimed at supporting Jersey’s growing community of founders and independent professionals will open its doors in Charing Cross this spring. House of Champions, located in a…
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Ex-Amazon boss Doug Gurr set to become permanent CMA chair
The government has named former Amazon executive Doug Gurr as its preferred candidate to become permanent chairman of the Competition and Markets Authority (CMA), cementing a leadership change designed to…
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