UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Cebr as HSBC launches a £5bn AI productivity finance initiative. Read more: AI adoption could unlock £105bn revenue boost for UK mid-sized firms by 2030
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Virgin StartUp has announced £20m in Start Up Loans funding for 2026/27 after surpassing £100m in total loans delivered, supporting more than 6,500 UK entrepreneurs. Read more: Virgin StartUp unveils £20m funding pot for UK founders after passing £100m Start Up Loans milestone
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Britain’s largest car park operator NCP has filed notice of intention to appoint administrators, putting more than 1,000 jobs at risk across its 800 UK parking sites. Read more: NCP faces administration as Britain’s largest car park operator files court notice
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London biotech startup Ternary Therapeutics has raised £3.6m to scale its AI-powered platform designed to engineer molecular glue medicines targeting previously undruggable proteins. Read more: UK biotech Ternary raises £3.6m to scale AI platform for next-generation drugs
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British expats returning from Dubai amid the Middle East conflict fear unexpected UK tax bills as emergency returns risk breaching the 183-day residency rule. Read more: British expats fleeing Middle East conflict fear unexpected UK tax bills
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Meta is reportedly planning sweeping layoffs that could affect up to 20% of its workforce as the tech giant ramps up AI investment and pursues greater efficiency through automation. Read more: Meta preparing major layoffs as AI spending accelerates
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UK employers will receive £3,000 grants to hire unemployed 18–24 year-olds under new government plans to tackle rising youth unemployment affecting nearly one million young people. Read more: Government offers £3,000 incentive for firms to hire unemployed young people
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Former Dragons’ Den investor Theo Paphitis has taken over as interim CEO of Robert Dyas, aiming to revive the struggling 93-store homewares retailer after falling sales. Read more: Theo Paphitis steps in as interim CEO of Robert Dyas to lead turnaround
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UK manufacturers warn of collapsing domestic orders and rising costs, with firms raising prices at the fastest pace since 2023, according to Make UK. Read more: UK factories hit by ‘collapse’ in orders as costs surge across manufacturing sector
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Companies House has suspended its WebFiling service after a security flaw exposed sensitive company data including directors’ addresses and dates of birth. Read more: Companies House suspends online filing service after cyber vulnerability exposes director data
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