£120M Ceramics Support Announced by UK Government
Chancellor Rachel Reeves confirms £120m support for ceramics sector in Stoke-on-Trent, including £60m for energy efficiency and £60m for energy costs relief.
Category : Business Innovation
UK Borrowing Hits £24 Billion in April, Second Highest on Record
UK public sector borrowing reached £24.3 billion in April 2026, the second highest on record, exceeding OBR forecasts by £3.4 billion.
Manchester biotech Imperagen secures £5m seed funding
Imperagen, a University of Manchester spinout using AI and quantum physics to engineer enzymes, has closed a £5m seed funding round led by PXN Ventures, bringing total funding to £8.5m.
Sealprem Secures Funding for Middle East Expansion
Sealprem, a Scunthorpe sealing products firm, secures seven-figure funding from HSBC to boost international sales, especially in the Middle East, and expand e-commerce.
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VS Group Plans More IT Acquisitions After Foresight Deal
VS Group acquires The PC Support Group after securing Foresight investment, plans more acquisitions in North and Midlands to expand IT services.
Birmingham Manufacturer Gets New MD
Historic Birmingham manufacturer appoints a new managing director, aiming to drive growth and innovation in the region's industrial sector.
Battery Maker Alexander Technologies Confident Despite Dip
Alexander Technologies reports strong project pipeline and new methods to speed up development for drone and other markets, despite a fall in turnover and profits.
Sage Reports Double-Digit Growth on Cloud and AI
Sage posted 10% revenue growth to £1.36bn and 15% profit rise, driven by cloud products and increased AI adoption. CEO Steve Hare calls it an excellent first half.
Nationwide Income Surges to £6.4bn on Credit Card Growth
Nationwide reports 22% income rise to £6.4bn, driven by consumer lending and credit card expansion, despite a dip in pre-tax profit.
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Newcastle Entrepreneur Launches Decision-Tracking Platform Surff
Ian Griffiths, founder of whocanfixmycar.com, launches Surff, an AI-powered platform that tracks consumer decisions across domains, rewarding users for their data.
Rightbrain AI Secures £3M Investment for AI Adoption
Newcastle-based Rightbrain AI lands £3m investment to help businesses adopt AI, hiring new staff and expanding its partner network.
PFU Names Yasunari Shimizu President and CEO
PFU Limited has announced the appointment of Yasunari Shimizu as its new President and CEO, effective immediately. Shimizu brings extensive experience in the tech industry.
Hospice Launches Business Club for Corporate Support
East Cheshire Hospice launches a Business Club to forge closer ties with companies supporting end-of-life care, offering networking and engagement opportunities.
AI and 3D Printing Provide Single Shoes for Amputees
Birmingham startup Fitasy uses AI and 3D printing to create single shoes for amputees, reducing waste and cost. The innovative service offers custom-fit footwear.
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School of Coding AI Hub Launch at Harper Adams University
Harper Adams University Birmingham launches a School of Coding AI Hub to provide digital business and management training, boosting tech skills in the region.
New Siemens UK CEO Brian Holliday to Build on Strong Foundations
Brian Holliday, a 32-year Siemens veteran, has been appointed CEO of Siemens UK and Ireland, aiming to strengthen the company's £4.6bn business through technology and talent.
UK Inflation Falls to 2.8% as Budget Policies Curb Energy Surge
UK inflation fell to 2.8% in April, below forecasts, as Chancellor Rachel Reeves' Budget policies helped curb an anticipated energy price surge amid the Iran war.
West of England Must 'Get Its Swagger' to Shout About Success
West of England mayor Helen Godwin urges region to promote its status as UK's fastest-growing economy at UKREiiF, calling for business help on skills strategy.
Silicon Sands Digital Campus Project Advances in Blackpool
Plans for a 34,000 sq ft technology building at Blackpool Airport Enterprise Zone approved, part of Silicon Sands masterplan creating thousands of jobs.
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Beroe AI Saves 15% on Average
Beroe introduces industry-first AI solution, driving average savings of 15% for procurement professionals, enhancing efficiency and cost reduction.
Beroe AI Solution Boosts Savings to 15% Average
Beroe's new AI-powered procurement solution drives average savings of 15% for businesses, setting a new industry standard in cost efficiency.
West Midlands Hair Group Grows with Loan Support
A West Midlands hair group is expanding after securing a business loan, aiming to develop future talent in the hairdressing industry.
UK Manufacturers Shift from AI to Industrial Execution
New research reveals UK manufacturers are moving beyond AI adoption to focus on industrial execution, driving productivity and growth.
Google Pixel Watch 3 & Fitbit Air Bundle Deal
Amazon offers a £250 discount on the Google Pixel Watch 3 and Fitbit Air bundle. Get the smartwatch and earbuds at a reduced price.
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Social Media Becomes Drug Shop Window, Expert Warns
A sport integrity expert warns that social media is increasingly a marketplace for dangerous performance-enhancing drugs, with young people particularly at risk.
Standard Chartered cuts 7,800 jobs, boosts AI use
Standard Chartered confirms 7,800 job cuts, 15% of workforce, as it scales AI and automation. CEO says it's not cost-cutting but replacing lower-value human capital.
Faster Decisions Could Unlock £500m for South West Firms
New research reveals that slow decision-making is costing South West mid-market firms nearly £500m in potential growth annually, with uncertainty and competing priorities as key barriers.
NatWest pledges £20bn for Northern growth, urges more mayoral powers
NatWest commits £20bn over 10 years to drive economic growth across Northern England, with CEO Paul Thwaite calling for greater devolution of powers to regional mayors.
Seven free agents for Birmingham City's Chris Davies
Birmingham City need Championship experience. Here are seven free agents that fit Chris Davies' transfer criteria, including Illan Meslier, Josh Laurent, and Dan Neil.
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Birmingham Underwear Tycoons Make Rich List Under 40
Dan and Melanie Marsden, founders of Lounge Underwear, are named in the Sunday Times Rich List 2026 under 40 with a combined wealth of £253m.
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