Previse raises $18M funding to accelerate SME working capital finance transformation

Previse has announced that it has closed the first phase of its Series B financing. The UK-based fintech has raised USD 18 million of new capital to expand the availability of its innovative ‘data-driven’ working capital finance solutions, designed for SMEs. The round was led by Tencent, a global leading technology company, along with […]

UK borrowing falls in April as inflation raises debt costs

The government borrowed £18.6 billion last month, £5.6 billion less than in April last year and below expectations. City economists had forecast borrowing of £18.8 billion and the Office for Budget Responsibility’s estimate was for £19.1 billion. However, it is the still the fourth highest borrowing for the month since records began in 1993. […]

MPs pocket £13m from ‘second jobs’ with Theresa May and Sajid Javid leading the pack

The Conservative government abandoned in March plans to limit MPs’ earnings from any paid work they do outside their parliamentary role. Recent controversies such as the Own Paterson lobbying scandal had seen MP’s second jobs brought into disrepute. Interested in MPs’ external earnings, an analysis of the latest data from the UK Parliament to establish which MPs have […]

London retains crown as Europe’s technology hub

London has beaten its rivals on the Continent to retain its crown as Europe’s most technologically advanced city. The capital’s infrastructure, deep highly-skilled talent pool and widespread adoption of new technology led to it keeping its top spot, according to Z/Yen Group’s fifth edition of the Smart Cities Index. Zurich, which climbed three places […]

Van owners discouraged from going electric due to lack of charging points

Around 57 per cent of van owners feel discouraged from going electric due to a lack of charging points, according to a survey published today. Data from the Society of Motor Manufacturers and Traders (SMMT) revealed that even though more than a third of all new models come with the ability to be charged, only […]

Sunak urged to reform cycle to work scheme so it can be used by lower-paid

Business and cycling groups have urged the government to reform its cycle to work scheme so it can be used by lower-paid and self-employed workers, arguing they are often the people who need it the most. Introduced more than 20 years ago and since used by more than a million people, the scheme allows users […]

Beer lovers face bottle shortage as rising energy costs hit UK breweries

Beer drinkers could soon find it difficult to buy their favourite bottled beverage because of a shortage of glassware triggered by soaring energy costs, a food and drink wholesaler has warned. Suppliers are already experiencing problems sourcing glassware as its production is energy intensive, pushing its price 80% higher over the past year. As a […]

The Impact of Custom Web & Mobile App Development on Your Business

Custom-designed web and mobile apps are the way to focus on a company’s requirements and streamline its operations. Customers’ specific needs guide the development of bespoke software. For many small businesses, digital marketing takes more than just a good web presence. Customers’ experiences and routine user actions must function smoothly on these platforms as customers connect more […]

Alejandro Betancourt on Why Overconfidence Is a Big Mistake

Confidence in your idea is essential for success in business, but overconfidence can be fatal. Maintaining the right level of confidence is a constant challenge because it tends to change with each success and failure. This article discusses the benefits of confidence and risks of overconfidence according to entrepreneur and investor Alejandro Betancourt. Background […]