Budget uncertainty threatens to freeze growth at small businesses October 22, 2024 A significant number of small and medium-sized enterprises (SMEs) have warned their growth ambitions may be at risk if Rachel Reeves doesn’t prioritise their concerns in the upcoming Autumn Budget. According to a survey of over 500 SME leaders on behalf of specialist lender Simply Asset Finance, 74 per cent said the outcomes of the [...]
Revolut investor backs Gen Z credit card fintech Yonder September 19, 2024 Credit card start-up Yonder has exceeded a post-money valuation of £100m as it secured another £23.4m in its latest funding round, led by one of the early investors of fintech app Revolut. The credit card rewards firm, which is geared towards millennials and Gen Z consumers, plans to use the latest injection of funding to [...]
Could venture capital firms miss out on the great pension fund start-up splurge? September 3, 2024 The UK's top pension fund managers are poised to pump billions into the UK's start-ups - but venture capital investors keen for cash may play a smaller part than they had hoped, writes Charlie Conchie
Venture capital firm launches UK’s only fund for British pensions September 2, 2024 A venture capital firm has launched the first-ever fund devoted to helping UK pension funds invest in British start-ups and scale-ups. Future Planet Capital’s new British Co-Investment Fund (BCF) will channel pension investment into some of the UK’s fastest growing and most innovative businesses in a move that has been praised as “much-needed” by start-ups [...]
Start-ups and spin-outs: The secret ingredients to growth July 3, 2024 In the US, start-ups create 3m jobs in their first year and employ 2.6m workers five years later. Britain is lagging way behind when it comes to innovation and entrepreneurship, says Paul Ormerod Going into the election tomorrow, the two main parties agree on a crucial issue. Economic growth is needed to achieve their respective [...]
What’s in Labour’s tech manifesto? Data centres, start-ups, AI and a national data library June 13, 2024 Labour announced plans for a "national data library" to centralise existing government research programs.
General Election 2024: What Britain’s entrepreneurs are hoping for May 31, 2024 Ambition A.M. takes a look at what some of Britain’s entrepreneurs are hoping to see in the upcoming General Election.
Vinted: How a simple wardrobe frustration turned into a £3bn secondhand brand April 16, 2024 If you haven’t heard of it, odds are you will soon. Vinted is the secondhand marketplace that has become a staple for fashion-conscious Londoners on a budget.
Why the traditional ‘9-5’ could be a thing of the past February 15, 2024 Ditching the traditional 9-5 career path could be the next generational trend, new research shows.
Top City investors unite in plan to unlock funding for British start-ups following Hunt’s Mansion House reforms February 13, 2024 A group of top pension and venture capital chiefs are drawing up plans to unlock a wave of cash from the pension industry into Britain’s start-ups, as the industry looks to implement a government-led commitment signed last year.