Britain has dropped further down the world’s innovation league table, falling to sixth place in the latest global rankings published by the World Intellectual Property Organisation (Wipo). The UK was ranked fifth last year and fourth in 2024, with the latest slip raising fresh concerns about the country’s ability to remain competitive against fast-rising rivals. The annual Global Innovation Index ...
When Gyve Safavi and Mark Rushmore first met on a speedboat in the south of France — with advertising tycoon Sir Martin Sorrell also on board — few could have predicted that the chance encounter would spark a £24 million sustainable toothbrush business. Their brand, Suri, now boasts celebrity fans including Sir Jony Ive and the Kardashians, and is stocked ...
Tottenham-based e-commerce brand Vanquish Fitness has secured a £1 million trade loan from NatWest, guaranteed by UK Export Finance (UKEF), in a move designed to accelerate its growth and expand its reach in international markets. Founded in 2014, Vanquish has carved out a niche in the competitive athleisure and gym wear market, supplying high-quality active streetwear to a global customer ...
Google has unveiled plans to invest an additional £5 billion in the UK over the next two years, in a move it says will help expand the country’s artificial intelligence economy, create thousands of jobs and accelerate breakthroughs in science and technology. The announcement coincides with the state visit of US President Donald Trump, during which major technology and energy ...
Elon Musk has bought $1 billion worth of Tesla shares in his first open-market purchase since 2020, underscoring his commitment to the carmaker as it prepares for a shareholder vote on a record-breaking compensation package. Regulatory filings show Musk acquired 2.6 million shares through a revocable trust at prices ranging from $372 to $396, lifting his stake in Tesla above ...
Britain’s labour market showed fresh signs of cooling in August as payroll employment fell again and the pace of wage growth slowed, according to official figures. The Office for National Statistics (ONS) said the number of people on payrolls dropped by 8,000 to 30.3 million in August, following a revised fall of 6,000 in July. Over the past 12 months, ...
Jaguar Land Rover’s battle to recover from a devastating cyberattack could see its factories idle until November, according to suppliers briefed on the situation, raising fears of lasting damage to Britain’s largest carmaker and its supply chain. The Tata Motors-owned manufacturer has already endured two weeks of halted production since hackers targeted its systems on 1 September, forcing it to ...
Alphabet, the parent company of Google, has become only the fourth company in history to reach a $3 trillion market valuation, as investor enthusiasm over artificial intelligence and relief from a favourable US antitrust ruling drove shares to record highs. Shares in the California-based group climbed more than 4 per cent on Monday, pushing its market cap to $3.04 trillion. ...
Nothing, the London-based consumer technology startup founded by Carl Pei, has secured $200 million in a Series C funding round at a $1.3 billion valuation, as it prepares to pivot from being the first new independent smartphone brand in over a decade towards building an AI-native platform. The raise, led by Tiger Global with support from existing investors including GV, ...
The Pentagon is not backing down from its quest for consequences for those who celebrate Charlie Kirk’s killing, even as Democrats warn the move is ‘un-American’ and violates free speech protections. The controversy underscores a clash between military discipline and First Amendment rights, with top Pentagon officials arguing that celebrating the killing of an American political figure is unacceptable conduct ...