Hundreds of postmasters who were wrongfully prosecuted based on faulty information from the Horizon IT system will be entitled to unlimited compensation, as announced on Tuesday. Approximately 900 Post Office branch owners will receive financial redress of at least £600,000 under a new scheme following legislation that quashed their convictions earlier this year. The government…
British tech entrepreneur Mike Lynch is preparing to launch a campaign to support Britons who have been wrongfully convicted in the US, following his acquittal of multi-billion dollar fraud charges. Lynch is considering funding a British equivalent of America’s Innocence Project, an organisation dedicated to overturning wrongful convictions in a country where only 0.4% of…
For the first time, organisations have access to a workforce across five generations, with Baby Boomers working alongside Gen Z. While this may present some challenges, there is a huge opportunity to utilise intergenerational learning, and embrace different opinions, knowledge and experiences. Traditionally, mentoring and learning has been seen as a relationship between older generations,…
The Farnborough International Airshow 2024 has announced deals worth at least £13 billion to the UK, according to the ADS Group, the UK trade association for the aerospace, defence, security, and space sectors. By Thursday evening, the total value of deals, estimated by the ADS Group to be £81.5 billion, highlights the industry’s “confidence, resilience,…
UK car production has experienced a 7.6 per cent drop in the first half of 2024 as manufacturers shift their focus towards electric vehicle (EV) production. The Society of Motor Manufacturers and Traders (SMMT) reported that 416,074 new cars were produced, marking a decrease of 34,094 units compared to the same period in 2023. This…
Giving podcasts the edge in a saturated market In an ecosystem where over 500,000 podcasts were created just in the first half of 2021, a creator faces real challenge in finding an audience, monetising a show and handling all the distribution logistics. Auddy solves all that. It’s a one stop podcast company which hosts, publishes,…
Specialists in connecting brands to youth audiences Rocket are a marketing and content business that helps brands and organisations better understand and better engage youth, children and family audiences. As specialists in reaching this audience, they now have over 12 years of experience in the field. James takes some time out to speak to Business…
Business and Trade Secretary Jonathan Reynolds has announced over £100 million in government-industry funding to support pioneering green aerospace technology projects, marking the launch of the 2024 Farnborough Airshow. This initiative underscores the government’s commitment to championing aerospace and advanced manufacturing within its new Industrial Strategy. The funding, totalling just under £103 million, is delivered…
Every week, when I take business clinics, eager entrepreneurs ask a wide variety of questions, such as “Should I take Investment?”, “Should I expand into the International market?”, “Should I start employing staff?”, “Do I need to invest in a CRM system?”, “should I hire a Social Media agency?”. The list goes on. But if…
Have you considered international languages to boost SEO for clients? In 2010 Guido worked in the search marketing department for Expedia in London, covering the EMEA market. What he learnt there was the importance to have a different strategy for each country via specialists who are native speakers. So, over the past few years at…
A famous name, like any entrepreneur, James had to start somewhere James Constantinou is an entrepreneur, CEO and Founder of Prestige Pawnbrokers, You may have seen James in his TV Show ‘Posh Pawn’, we go behind the scenes to speak to the man who has made a multi million pound empire by combining tenacity, knowledge and…
TAB is a comprehensive real estate finance and investment platform, established in 2018 to address the needs of property projects that do not align with traditional lenders’ stringent criteria. Recognising the demand for a lender adept in bridging loans with the ability to transact swiftly while maintaining a prudent approach to risk, TAB crafted a…
Jaguar is set to cease production of nearly all its petrol cars by the end of this year, marking a significant shift towards an all-electric future. The British luxury car manufacturer will continue to produce just one combustion engine vehicle, the F-Pace SUV, before transitioning to an entirely electric line-up starting next year. Production of…
Concerns over international payments are dissuading many UK businesses from engaging with overseas suppliers or entering new markets, according to a new survey by HSBC UK. The survey, which polled over 1,000 financial decision-makers, revealed that 43% are hesitant to conduct international business due to uncertainty over hidden payment costs. Additional concerns include payment security…
The last remaining bank in Paddock Wood, NatWest, has permanently closed its branch on Station Road, marking the end of all banking services in the expanding Kent town. This closure follows the previous exits of HSBC and Barclays, leaving local residents without a dedicated bank. Paddock Wood has experienced significant population growth over the past…
