Category Business

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.…

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…

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…

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…

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…

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…

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…

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…

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…

Lamborghini has abandoned plans to launch a fully electric model, shelving its much-anticipated Lanzador in favour of expanding its plug-in hybrid line-up. Chief executive Stephan Winkelmann said demand for battery-powered…