Immigrant founders are the driving force behind Britain’s most dynamic young companies, according to new research showing that more than half of the UK’s fastest-growing start-ups were founded by entrepreneurs born overseas. The study by The Entrepreneurs Network analysed 100 early-stage companies that saw the sharpest rise in their valuations in the year to May, based on investment rounds disclosed ...
Secretary of State Marco Rubio said Sunday that discussions over ending the war in Ukraine have entered a productive phase, while claiming ‘a tremendous amount of progress’ had been made. Following a round of talks with a Ukrainian delegation in Geneva, Switzerland, Rubio told reporters negotiators had ‘a very good day today.’ ‘We had a very good day today. I think ...
Women across the EU symbolically begin “working for free” from today, as the bloc marks the point in the calendar when pay inequality means women, on average, stop earning relative to men. With the EU gender pay gap standing at 12%, 22 November represents the date after which women’s work is, in effect, unpaid compared with their male colleagues. The ...
Lakshmi Mittal, the steel magnate who dominated The Sunday Times Rich List for more than a decade, has left the UK after nearly 30 years, becoming the latest billionaire to relocate following Labour’s tax reforms. The ArcelorMittal founder, once the UK’s wealthiest resident and still worth £15.4 billion, has moved his tax residency to Switzerland and plans to spend much ...
A cross-party group of MPs will deliver a 152,000-signature FairFuelUK petition to 10 Downing Street on Tuesday, calling on Chancellor Rachel Reeves to cut or at least freeze fuel duty in next week’s Winter Budget. The delegation will be led by Lewis Cocking, MP for Broxbourne, amid rising concern that the Treasury is preparing increases that campaigners say would hit ...
The British Business Bank has published a new five-year strategic plan designed to deliver a step change in how smaller businesses across the UK access finance, following an expanded mandate and increased government backing. The plan, unveiled today, responds to the Government’s decision earlier this year to increase the Bank’s permanent financial capacity to £25.6 billion and give it greater ...
The Government has unveiled a sweeping new Critical Minerals Strategy designed to end the UK’s overreliance on foreign suppliers of vital materials used in smartphones, electric vehicles, wind turbines and household electronics. The plan aims to produce 10% of the UK’s critical mineral needs domestically and recover 20% through recycling by 2035, backed by up to £50 million in new ...
A former TV anchor-turned entrepreneur convicted of stealing millions of dollars in a COVID-era fraud scheme will spend the next decade behind bars at the same Texas prison camp as infamous sex trafficker Ghislaine Maxwell. Earlier this year, a federal grand jury found Stephanie Hockridge, 42, guilty of one count of conspiracy to commit wire fraud. On Friday, Hockridge was ...
A new feature on Elon Musk’s X is exposing the truth behind social media accounts across the political spectrum, with account owners apparently misleading followers about where they are posting from. The new feature allows all X users to inspect where a given account is based, usually listing a country or region. Many popular accounts posing as American ‘patriots’ or ...
Rep. Eugene Vindman, D-Va., is demanding that President Donald Trump release a 2019 call with Saudi Crown Prince Mohammed bin Salman, saying the American people ‘deserve to know what was said’ in the aftermath of Jamal Khashoggi’s murder. Vindman, a retired Army colonel who once served on Trump’s National Security Council, said the call was one of two that deeply ...