Frugalpac, the Ipswich-based clean technology firm behind the world’s first commercially available paper wine and spirits bottle, has launched a £5 million equity fundraising campaign to accelerate its global growth and expand into new sustainable packaging formats. The investment round, hosted on crowdfunding platform Crowdcube, has already secured £1 million from existing and new backers ahead of its public launch. ...
Trump continues supporting Sen. Lindsey Graham’s re-election bid while phoning into Republican event
President Donald Trump recently spoke to the South Carolina Republican Party’s Silver Elephant Gala through a phone that Sen. Lindsey Graham held up to a microphone. Trump, who endorsed Graham for re-election earlier this year, continued expressing his support for the senator while speaking on the phone. Trump said the senator has his ‘full endorsement,’ calling him a ‘great guy,’ ...
European clean energy-tech company Aira has raised €150 million in equity financing from existing backers Altor, Kallskär1, Kinnevik, Lingotto and Temasek to speed up the electrification of residential heating across the continent. The Stockholm-based firm, launched in June 2023, has quickly expanded into Germany, Italy and the UK, achieving an annual sales run-rate of €200 million. Aira’s customer offer combines ...
Elon Musk’s Tesla is preparing to enter the UK household energy market after applying for a licence to supply electricity to homes and businesses across Great Britain. The US electric carmaker, which also operates an energy business in America, has formally applied to the energy regulator Ofgem for an electricity supply licence covering England, Scotland and Wales. If approved, the ...
Maven Capital Partners has invested £1.5 million in Blueskytec, a cybersecurity hardware specialist, through the British Business Bank’s South West Investment Fund. Blueskytec develops high-grade, hardware-based cyber protection designed for mission-critical systems in sectors such as defence, civil nuclear and energy. Its patented technology offers a unique layer of security that the company says is unavailable from conventional software-only solutions, ...
Ukrainian President Volodymyr Zelenskyy on Sunday thanked European leaders for backing his push to join this week’s U.S.–Russia summit, as Kyiv fears Washington and Moscow could strike a deal to end the war but in a way that undermines Ukraine’s sovereignty. ‘The end of the war must be fair, and I am grateful to everyone who stands with Ukraine and ...
President Donald Trump will use the upcoming summit with Russian President Vladimir Putin to test how serious Putin is about ending the war with Ukraine, NATO Secretary General Mark Rutte said Sunday. Rutte told ABC’s ‘This Week’ that the meeting comes as Trump continues to put pressure on Putin, noting the recent secondary sanctions on countries like India, which purchased ...
Senate Republicans faced a choice recently: Remain in session and confirm more of President Trump’s nominees, or finally abandon Washington for the vaunted August recess. Senators hung around – a little while – knocking out some of the President’s nominees for administration positions. But not all. That drew the ire of some conservatives, Trump loyalists and President Donald Trump himself. ...
A senior member of Russian President Vladimir Putin’s inner circle warned that multiple countries are mounting ‘titanic efforts’ to undermine the upcoming summit between the Russian leader and U.S. President Donald Trump. The two leaders are scheduled to meet in Alaska on Aug. 15, though Trump’s announcement, made via a Truth Social post on Friday, offered few additional details about ...
Nigel Farage’s uncompromising assault on Britain’s climate commitments is facing pushback from within his own party’s expanding support base, with polling revealing that younger Reform UK voters are markedly more sympathetic to net zero and renewable energy than their leader. The former Ukip and Brexit Party chief has dismissed the UK’s 2050 net zero target as “complete and utter madness”, ...