The University of Hull has announced the launch of Railwhere, a new spinout company set to transform the freight industry by helping rail operators cut costs, reduce emissions, and deliver goods more efficiently. Developed from seven years of cutting-edge research at the University’s Logistics Institute, Railwhere combines operational insight with award-winning software to support a greener, more competitive rail freight ...
The number of UK employers voluntarily paying the higher Living Wage has risen by 19% over the past year, despite signs of a cooling labour market and pressure from statutory wage increases. Figures from the Living Wage Foundation show that 16,040 employers are now accredited as paying the voluntary Living Wage — a rate set higher than the government’s statutory ...
The number of female founders pitching to investors has risen by nearly half over the past decade, according to a new report from venture capital firm Fuel Ventures, offering a unique lens into the evolving face of UK entrepreneurship. The report, compiled from ten years of pitch submissions to the firm, reveals a 45% increase in female-led startups since Fuel ...
Sports betting has grown rapidly in recent years, especially with the rise of online platforms. To attract new customers, sportsbooks often offer exciting bonuses such as deposit matches, free bets, and risk-free wagers. While these offers seem like easy money, they usually come with conditions—most notably, rollover requirements. Understanding rollover requirements is essential if you want to make the most ...
Burberry is set to cut up to 1,700 jobs — nearly 18% of its global workforce — as part of a sweeping cost-saving plan aimed at stabilising the business after a sharp downturn in the global luxury market pushed it into a pre-tax loss of £66 million. The iconic British fashion house announced the measures on Wednesday, with the majority ...
Jaguar Land Rover (JLR) has posted its highest annual profit in a decade, marking a strong year for the British carmaker despite lingering uncertainty over US trade tariffs. The Tata Motors-owned firm reported pre-tax profits of £875 million for the final quarter of its financial year, taking annual profits to £2.5 billion — up from £2.2 billion the previous year. ...
Fuel Ventures has led a £340,000 investment round into Community Wolf, a fast-growing South African startup using WhatsApp to revolutionise public safety through community-driven crime reporting and intelligence gathering. The funding, which closed this month, marks a pivotal step in Community Wolf’s mission to use simple, accessible technology to make communities around the world safer — beginning with its home ...
Microsoft is laying off approximately 6,000 employees worldwide — nearly 3% of its global workforce — in its largest round of job cuts since early 2023. The move comes as the $3.3 trillion tech giant seeks to manage the growing financial pressure from its aggressive investment in artificial intelligence infrastructure, despite delivering strong quarterly results and robust growth in its ...
Chancellor Rachel Reeves has refused to rule out compelling UK pension funds to invest in domestic assets, escalating tensions with the pensions industry just hours after the announcement of the new £50 billion Mansion House accord. The government had celebrated a voluntary commitment by 17 of the UK’s leading defined contribution pension providers to invest at least 10% of their ...
A new YouGov poll reveals that 50% of UK adults now recognise the official Made in Britain trademark — a significant milestone for the not-for-profit trade body that champions British manufacturing. The findings come amid growing calls for a national ‘Buy British’ campaign to support domestic industry, with 44% of those surveyed saying they would be more likely to purchase ...