The UK government is considering selling the Sevington border control post in Kent, a facility built for post-Brexit customs checks, following this week’s UK-EU trade pact that could render dozens of similar sites redundant. Constructed in 2021 at a cost of tens of millions, the Sevington
Clark Dev’t Corp. remits P2.49-B dividend - BusinessWorld Online FACEBOOK.COM/CLARKDEVELOPMENTCORPTHE Department of Finance (DoF) said on Thursday that it received a P2.49-billion dividend from the Clark
ScaleWise, the go-to-market (GTM) and talent partner for scaling B2B tech companies, has announced its role in supporting BGF’s £15 million investment in Cronofy, the fast-growing scheduling infrastructure platform. As part of the deal, BGF enlisted ScaleWise to deliver a practitioner-led commercial due diligence assessment, focusing
Strava, the fitness tracking app that has become a lockdown staple for millions of runners and cyclists, has confirmed a new valuation of $2.2 billion following its recent acquisition of Runna, a UK-based running coaching platform. The deal, announced in April and completed on Thursday, marks
The UK government’s continued focus on traditional free trade agreements (FTAs) is misaligned with the country’s service-based economy, according to a new report from the Tony Blair Institute (TBI), which calls for a fundamental rethink of Britain’s trade policy. The think tank argues that lengthy, goods-focused
Skuna Boats, the UK’s first and only provider of floating BBQ boats, is inviting the public to celebrate the 29th annual National BBQ Week from May 26th to June 1st, 2025. As the perfect excuse to gather with friends and enjoy the outdoor dining season,
Social media – it’s inescapable in 2025, and if your business isn’t utilising social media effectively, chances are good you’re going to get left in your competitors’ dust.The problem? Social media is always changing, from algorithm updates to the latest trends, it can feel incredibly
HSBC has told thousands of UK employees that their pay could be cut if they fail to meet new in-office attendance requirements, as the bank steps up efforts to tighten its hybrid working policy. In a memo sent to employees in its UK high street and
OpenAI has announced a major strategic move to accelerate its expansion into hardware, with the acquisition of io, the San Francisco-based tech start-up founded by Sir Jony Ive, the former chief design officer at Apple. The merger, valued at $6.5 billion (£4.8 billion), will bring together
Public sector borrowing in the UK surged past expectations last month, hitting £20.2 billion, as higher spending on public services and increased benefit payments drove up government outlays. The figure, released by the Office for National Statistics (ONS), came in significantly above the £17.9 billion forecast
The long-awaited reunion of British rock icons Oasis is not just a cultural milestone — it’s shaping up to be a major economic event. According to new research from Novuna Personal Finance, the Oasis Live ’25 tour is expected to generate over £940 million in
Gresham House Ventures has led a £3.9 million investment round in digital workplace pension provider Penfold, backing the fintech’s continued expansion in the UK SME and accountancy markets. The round also included participation from existing investors. Penfold offers a fully digital workplace pension platform, enabling businesses