Business
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RIT Capital Partners’ SpaceX stake up £100m as Elon Musk valuation rises
A bold bet on SpaceX has paid off for RIT Capital Partners, after the value of its stake in Elon…
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Slowing growth as business leaders seek urgent action
Chancellor Rachel Reeves delivered her Spring Statement to the House of Commons under the shadow of rising tensions in the…
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UK retail inflation fell to 1.1% in February as retailers cut prices
Retail price inflation fell more than expected in February, giving households relief from cost-of-living pressures as retailers increased discounting and…
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Bindbridge raises $3.8m to fight herbicide resistance with AI-engineered crop protection
A Cambridge ag-biotech startup aiming to reinvent crop protection has secured $3.8 million in early stage funding to accelerate the…
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BrewDog was sold to Tilray in a £33m rescue deal as 38 bars closed and 484 jobs were cut.
BrewDog has been sold to US cannabis and craft beer group Tilray in a £33 million rescue deal that will…
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BrewDog closes all day barriers between sales negotiations as advisors oversee a potential deal
Scottish beer group BrewDog has closed all its breweries for the day as it seeks to finalize the sale of…
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HMRC complaints hit five-year high as compensation payments rise 35%
Complaints made by taxpayers to HM Revenue & Customs have risen to their highest level in five years, with the…
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British Business Bank backs $8.6bn Wayve funding round for UK robotaxi push
The UK government has secured what it describes as a “seat at the table” in the fast-moving global race to…
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Wind farm ready to build ‘loses speculative projects’
Scottish Power has warned that “shovel-ready” offshore wind farms that could contribute to the government’s 2030 clean energy target have…
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Hornby is selling Scalextric to Purbeck Capital Partners in a £20m deal
Hornby has agreed to sell historic motor racing brand Scalextric for £20 million in a move designed to strengthen its…
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