News

Lloyds Banking Group Reports 20% Drop in Annual Profits Amid Rising Costs and Motor Finance Scandal

Lloyds Banking Group has reported a 20% decline in annual pre-tax profits for 2024, falling short of market expectations due…

Cambridge Start-Up Flit Secures £1.2M to Challenge Brompton in Folding E-Bike Market

A Cambridge-based electric bike start-up has secured £1.2 million in new investment as it looks to ramp up production and…

UK Pay Growth Accelerates, Raising Fresh Challenges for Bank of England

Wage growth in the UK accelerated in the final months of 2024, providing relief for workers but complicating the Bank…

Lloyds Urged to Publish Full Review of HBOS Reading Fraud

Lloyds Banking Group is facing mounting pressure to release the full, unedited version of an independent review into its handling…

Deliveroo Dismisses Over 100 Riders in Crackdown on Illegal Working

Food delivery giant Deliveroo has dismissed 105 riders since April 2024 as part of its ongoing effort to combat illegal…

Government Unveils Reforms to Boost SME Access to Public Sector Contracts

The UK government has announced new procurement guidance aimed at making it easier for small and medium-sized enterprises (SMEs) to…