Britain’s video games sector risks losing talent and IP to France, Ireland and Australia without urgent government action on tax reliefs and scale-up funding, warns Blick Rothenberg. Read more: Britain’s gaming industry needs a power-up or risks losing its crown to France, Ireland and Australia
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SDCL Efficiency Income Trust (SEIT) has abandoned its rescue plan and opted for a managed wind-down after pressure from activist Saba Capital, leaving retail investors nursing potential losses of more than 50 per cent on £1.1bn raised. Read more: Retail backers of SEIT face wiping out half their money as green trust raises the white flag
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EY analysis reveals that raising UK defence expenditure to up to 5% of GDP by 2035 could generate £30bn a year in additional economic output and support domestic manufacturing and R&D. Read more: Higher defence spending could unlock £30bn annual boost for UK economy
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Budget measures expanding EMI scheme eligibility, EIS and VCT limits now in force, with the government expecting £100m in additional investment for Britain’s fastest-growing companies. Read more: Budget tax breaks worth £100m come into force for founders and start-ups
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Regions across England and Wales will receive up to £20m each to boost innovation in sectors including AI, clean energy and advanced manufacturing. Read more: Regions from Teesside to Cornwall awarded up to £20m to boost innovation
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Roadchef will invest £300m in UK motorway services after securing 75-year lease extensions, boosting EV charging, HGV facilities and retail. Read more: Roadchef secures 75-year leases to unlock £300m motorway investment
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UK firms invest less than most G7 peers, with high energy costs and low capital intensity holding back productivity and growth, says IPPR. Read more: UK business investment lags G7 rivals as energy costs bite
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Maven exits Manchester fintech AccessPay in sale to Accel-KKR, delivering a 2.5x return and highlighting strength of the Northern fintech sector. Read more: Maven exits AccessPay in private equity deal delivering 2.5x return
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The British Business Bank has invested £8.5m in Dexory to scale its AI-powered warehouse intelligence platform and global logistics operations. Read more: British Business Bank backs Dexory with £8.5m to scale AI warehouse tech
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Next will invest £300m in UK warehouses, including a new Yorkshire site, as it targets £2.5bn economic boost and accelerates online growth. Read more: Next to invest £300m in UK logistics as new warehouse set to deliver £2.5bn boost
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