F1 star Sebastian Vettel becomes the lead investor in BACX, plant-based performance energy drink

<?xml encoding=”utf-8″ ??> BACX, the performance energy drink startup, has announced a £1.2m seed funding round, led by four-time F1 World Champion Sebastian Vettel. Vettel, who retired from F1 last year, exclusively used BACX in fitness training and in the car during the 2022 season, when racing for Aston Martin. Following his experience of using […]

More than half of 16-34 year olds have felt wellbeing worsen due to most of living crisis

<?xml encoding=”utf-8″ ??> The experts at money.co.uk have to investigated the current cost-of-living’s impact on different age groups and found 16-34 years olds worst affected. To do this, they compared the effect on their mental health, along with other factors like their biggest financial concern, childcare costs and reliance on benefits. Six in 10 of […]

Stagnant wages since 2008 financial crash means workers £11,000 worse off

<?xml encoding=”utf-8″ ??> Workers are £11,000 worse off per year due to 15 years of wage stagnation, according to the Resolution Foundation. In new figures shared with BBC Panorama, the think tank calculated that, had wages continued to grow at the pace seen before the 2008 financial crash, the average worker would make £11,000 more […]

Brits now more concerned about state of UK economy than before budget, polling finds

<?xml encoding=”utf-8″ ??> More than a third of Brits surveyed say the budget last week made them more concerned about the state of the UK’s economy. Chancellor Jeremy Hunt unveiled his spring statement in the House of Commons last week in light of rosier economic projections and within the government’s self-imposed fiscal rules. He focused […]

UK steel industry in crisis after lack of support in budget, union warns PM

<?xml encoding=”utf-8″ ??> The government’s failure to support the ailing UK steel industry in last week’s budget has put thousands of jobs at risk, the prime minister has been told. In a letter to Rishi Sunak, shared with the Guardian, the trade union Unite said it was “disappointed” that the government had not announced plans […]

Housing market stabilising after turbulence of Truss and Covid

<?xml encoding=”utf-8″ ??> The average price of a property coming on to the market rose by £2,906 in March, as stability and confidence returned to the housing sector after the chaos unleashed by the mini-budget, new research has found. The average price of properties listed rose by 0.8 per cent this month, driven by a […]

Newcleo to raise £900m to build fleet of small nuclear reactors in UK

<?xml encoding=”utf-8″ ??> A British-based nuclear company backed by Italy’s Agnelli family plans to raise nearly £900 million to advance a plan to build a fleet of small nuclear reactors in Britain. Newcleo, based in London, has an ambitious scheme to build one plant a year in the UK up to 2050 and eventually generate […]

Credit Suisse rescued in emergency £2.7bn deal

<?xml encoding=”utf-8″ ??> The Bank of England insisted that Britain’s banking system was “safe and sound” last night after regulators orchestrated a rescue of Credit Suisse in an effort to calm panicked markets. It was announced yesterday evening that Switzerland’s second biggest lender was being bought by its rival UBS for a knock-down price of […]

Crowdfunding specialists appoint X Factor producer as new Managing Director   

<?xml encoding=”utf-8″ ??> Crowdfunding marketing specialist agency TribeFirst has announced the appointment of James Littman as its new Managing Director.  James spent over 15 years at Daisy Chain Media working as a TV producer and director on a range of popular programmes includingX Factor,The Island with Bear Grylls,Four in a Bed, andDispatches. He was initially […]

OECD says UK will be only big, rich economy to shrink this year

<?xml encoding=”utf-8″ ??> The UK is still on course to be the only big wealthy economy to register negative growth this year, despite an upturn in growth prospects, according to new international forecasts. Projections from the Organisation for Economic Coordination and Development (OECD) show that the UK economy will be an outlier among wealthier countries […]