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Deliveroo sees surge in revenue but still doesn’t make a profit

Food delivery company Deliveroo continues to perform well, experiencing a surge in revenue since the pandemic, even though restaurants have long since reopening. Despite this, however, the company still doesn’t make a profit. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, commented: “Our lockdown love affair with takeaways shows little sign of cooling...

James Cook

Last Christmas? 2021 festive season is ‘make or break’ for UK retailers

Following a fallow year, Christmas 2021 is make or break according to 83% of UK marketers, warns a new study from Sitecore, the global leader in digital experience management software. Despite this, shocking results reveal only a quarter of marketers are prepared for the Golden Quarter – even though shoppers (20%) are already browsing for...

Josh Dornbrack

Gener8 closes £2.1m funding round with investors including Tinie Tempah, Harry Redknapp & Tej Lalvani

Sam Jones, the founder of Gener8 – a free-to-use web browser that lets people take back control and earn from their online data – has announced a £2.1m funding round that closed not long after appearing on Dragons’ Den. A consortium of investors participated in the round, including musician Tinie Tempah, legendary football manager, Harry...

Josh Dornbrack

Six-figure investment for men’s skincare business MESOA for Men

MESOA for Men, a fast-growth male grooming business, has announced the successful completion of its first investment raise, a six-figure deal which was advised on by corporate finance led deal-making business, the GS Verde Group. After launching MESOA for Men in 2019, founder & CEO, Matt Jones has harnessed his experience in growing successful brands,...

Josh Dornbrack

Which university produces the most CEOs?

The London School of Economics and Political Science has been revealed as the best university to attend if you want to become a CEO or managing director, according to new research. The study, which was carried out by Hitachi Capital Invoice Finance, analysed data from over 8.4 million alumni who had left 121 UK universities...

Josh Dornbrack

Oxford University and partners win government funding to evaluate Paige Prostate Cancer Detection System

A prostate cancer detection software system to help pathologists quickly identify suspicious areas of tissue, developed by Paige, will be investigated in a multicentre clinical study led by Oxford University as part of a successful NHSx Artificial Intelligence Health and Care Award application. Paige Prostate automatically detects and highlights areas of suspicious tissue, allowing the...

Josh Dornbrack

Millennials are the UK’s leading entrepreneurs – setting up 50% of new businesses in past 11 months

New research has revealed that half of the UK’s newest entrepreneurs are Millennials. The study found that people between the ages of 25 and 40 have set up 49% of new businesses in the country since July 2020. That is the largest proportion in the UK, ahead of those in Generation X – currently aged...

Josh Dornbrack

Lifted raises $6.2m funding to help tackle the care crisis

London-based care-tech start-up Lifted has raised $6.2m in a Series A funding round led by Fuel Ventures. This latest round takes the total raised by Lifted to $11.2m. 1818 Venture Capital also increased their investment and were joined by new investors Novit Ventures, Perivoli Innovations, the J.B. Ugland family office and a number of Angels. ...

Josh Dornbrack

Queen’s Award Win for Rebel Business School

A company that teaches some of society’s most disadvantaged people how to launch businesses has won a Queen’s Award for Enterprise. Enjoy Training, which trades as Rebel Business School, has received a Queen’s Award for Enterprise in the Promoting Opportunity category. The company, founded by Simon Paine and Alan Donegan in 2010, teaches some of society’s...

Josh Dornbrack

The Queen honours ecommerce brand Lovehoney for boosting UK exports

The sexual wellness brand Lovehoney has received The Queen’s Award for Enterprise for outstanding continuous growth in overseas sales over the last six years. Since 2015, overseas sales have grown from £12m to £56m, an overall rise of 365%.The award – described as ‘the highest accolade for business success’ – allows Lovehoney to use the...

Josh Dornbrack

Volta Trucks announces the appointment of new CEO and executive chairman

Volta Trucks, the full-electric commercial vehicle manufacturer, has announced the appointment of its new chief executive officer and executive chairman, as it prepares to move ahead with the next stage of its corporate development. Essa Al-Saleh has been appointed as chief executive officer of Volta Trucks AB and Volta Trucks Ltd as of April 12....

Josh Dornbrack

Europe’s biggest CBD marketplace Alphagreen set to raise £2m funding

Alphagreen, a European marketplace for cannabis products is launching the largest ever crowdfunding raise in the CBD and medical cannabis space. The cash injection will be used to grow its e-commerce and digital marketing operations and expand into new global territories. Retail investors can register their interest in buying into the London-based start-up via the...

Josh Dornbrack

Biggest businesses that went bust due to COVID-19

Despite entering the first lockdown over a year ago, the effect of COVID-19 on all aspects of UK life is still being felt. One area that is certainly feeling its adverse effects is the economy. Gross domestic product (GDP) declined by 9.9% in 2020, giving you an idea of the damage endured. According to a...

Josh Dornbrack

Unrecognised female is working in the meeting room

Women account for just 6% of FTSE 100 CEOs – and are paid far less

According to Ezra, a global provider of digital coaching, women still make up a low proportion of CEOs in 2021 (6%), despite some high-profile success stories. In the UK FTSE 100 as it stands there are six female CEOs compared to 94 men in 2021, the same number as between 2017 and 2019. In 2020 there...

Josh Dornbrack

Who are sports’ most successful entrepreneurs?

To be a successful athlete you need to be self-motivated, competitive, optimistic and meticulous – all personality traits that are also needed to be a successful entrepreneur. It’s therefore no wonder that so many sports celebrities go on to become business tycoons once they have retired (or even while they are still competing). Below are...

Josh Dornbrack

My Working Day – Johan Hajji – Co-founder of UpperKey

As the leader of a company, you are there to set an example, to lead and inspire a team of individuals to achieve a series of business goals. But, how do these business leaders go about their daily routine? We spoke to Johan Hajji – Co-founder of UpperKey about his working day. What time do...

Josh Dornbrack

Used, not useless: Data on second-hand devices creates a cybersecurity concern for businesses

As many as 90% of second-hand storage media devices such as USB sticks and hard drives contain traces of private and business data from previous owners, according to research conducted by Kaspersky. Private photos and videos, pornographic content, and intimate messages have been found to exist alongside banking documents, medical reports, contact details, company emails,...

Josh Dornbrack

Group of children using laptops in school classroom together

UK edtech sector grew by 72% in 2020

Lockdown measures and mandatory school closures in 2020 led to an explosive 71.5% growth of the UK’s education technology sector (edtech) in spite of an 11% contraction in GDP (as of November 2020). Growth of the UK’s edtech sector surpassed the 17.9% year-on-year growth of the industry globally by 4x the pace. The growth puts...

Josh Dornbrack

Charlie Mullins argues vaccine passport is the way out of the COVID-19 crisis

This was written by Charlie Mullins, founder of Pimlico Plumbers, We’ve never been big fans of the identity card in the UK, and yet as a nation, we have one of the highest rates of passport possession in the world. And approximately 75% of all adults over 17 have a driver’s licence containing a digital...

Josh Dornbrack

Who are the top 32 leaders set to take 2021 by storm?

This year has been challenging for businesses and entrepreneurs across all industries. The COVID-19 pandemic has been a devastating force, leading to many companies going bust and millions being left unemployed. However, with 2021 on the horizon, Business Leader has put together a list of 32 individuals and their businesses that are set to lead...

Josh Dornbrack

Leadership concept using origami ship

IBM UK chief executive talks about digital leadership beyond lockdown

Written by Sreeram Visvanathan, chief executive at IBM UK and Ireland The COVID-19 pandemic delivered an abrupt shock to organisations across the UK both large and small. The experience has dominated our lives and news headlines around the world – disrupted business and triggered economic volatility in global markets. Now a few months down the...

Josh Dornbrack

What will the car of the future look like?

The car of the future is electrified, autonomous, shared and connected – welcome to the age of revolutionary change in the automotive industry. To explore what the future holds for the concept of the car and how innovation is driving change, Business Leader and SETsquared, the global number one business incubator and enterprise partnership, gathered...

Josh Dornbrack

AI and machine learning start-ups raised £48.5bn in total funding

Technologies like artificial intelligence (AI) and machine learning (ML) have transformed business processes across different industries, changing how companies operate, manage finances, gather and analyse data, and build customer relations. As the algorithms and data-driven methods continue to develop, venture capitalists are becoming more interested in investing in artificial intelligence startups providing the most beneficial...

Josh Dornbrack

Three Joes acquire The Stable Pizza Group

Three Joes, the sourdough pizza and craft beer restaurant chain, has acquired the fourteen-strong ‘The Stable’ pizza chain (turnover £14.6m) from Fullers for an undisclosed sum. The acquisition sees the company expand its geographical spread into the South West, Wales and the Midlands. Tim Hall, chief executive and co-founder of Three Joes said: “We’ve been...

Josh Dornbrack