Puresport: Finn Russell, Ben Earl and Castore backer in £3.6m fund raise Sport Business Rugby stars Finn Russell and Ben Earl have doubled down on their investment to help London-based sports nutrition brand Puresport raise £3.6m in fresh funding. Redrice Ventures, an early backer of British sportswear brand Castore, and serial high growth investor Five Seasons Ventures also took part in the latest funding round. Puresport was founded by [...]
Rising Ballers: From Foden DMs to Nike campaigns and multi-million revenue Sport Business How three friends turned the Rising Ballers Instagram account into a lucrative content business, via Phil Foden, Jamal Edwards, Iliman Ndiaye and some big life decisions. Jamie Pollitt vividly remembers the day that changed his life. He was spending more time on his hobby – a social media account showcasing promising young footballers – than [...]
Small firm owners are leaving the UK en masse, survey finds Economics Small business owners up and down the country are packing their bags to escape a flurry of higher taxes, soaring costs and red tape, fresh data has found. Nearly two in five owners of small and medium-sized firms (SMEs) have either left the UK or are considering an imminent departure, according to a new survey, [...]
UK surges ahead of France and Germany as Europe’s ‘innovation powerhouse’ April 14, 2025 HSBC Innovation Banking, a subsidiary of Europe’s biggest lender, hailed the UK’s enterprise value in its latest innovation report. UK innovation firms raised £3.2bn of venture capital in the first three months of the year – an eight per cent increase from the first quarter of 2024. The quarter attracted higher amounts of funding, with [...]
Tariffs could destabilise UK financial system, Bank of England warns April 9, 2025 President Donald Trump’s global trade war is likely to destabilise the UK’s financial system, but the Bank of England has said banks will be able to cope with the shocks. The Bank’s policymakers also warned that the break-up of global trade would lower resilience and depress growth. The Financial Policy Committee (FPC), which monitors risks [...]
Editor’s Interview: Charles Tyrwhitt founder – ‘No point whinging about the government’ March 24, 2025 The founder of Charles Tyrwhitt, Nick Wheeler, has told City AM that there’s “no point whinging about what the government are doing or not doing, because they’re not going to change,” adding “I’ve got to get on and make my own decisions.” His comments came during an interview with City AM in which he lamented [...]
Premier Relocation: Removals service to sport stars eyes US expansion March 19, 2025 It’s not just footballers, clubs and their agents who cash in on transfers – it’s also boom time for Premier Relocation, the removals service to the stars. Pop quiz: what do Erling Haaland, Jurgen Klopp and Ronan Keating have in common? Aside from being multi-millionaire celebrities, the answer is they have all used the same [...]
Talking Finance: Five questions you should ask yourself before investing March 17, 2025 In this episode of Talking Finance, Marianna Hunt, a volunteer at City Pay it Forward, explains the five questions everyone should ask themselves before they start investing.
Digital nomads costing UK economy £3bn a year March 6, 2025 The UK is missing out on over £3bn of consumer spending and £320m of lost VAT a year because of the rising popularity of ‘digital nomad’ schemes among British citizens. According to a fresh study from Public First, the modish regimes – which promise professionals long-term work visas without having to become fully-fledged tax residents [...]
Founder Favourites: Enterprise Nation founder Emma Jones’s top tips for start-up success January 9, 2025 Emma Jones, serial entrepreneur and founder of small business support platform Enterprise Nation, sits down with Jennifer Sieg and Emmanuel Nwosu to share her top tips for start-up success in 2025.