OpenSolar has announced that it has raised US$15 million to expand its free product offering to solar contractors who use the platform in more than 130 countries. The funding round was led by one of Australia’s largest venture capital funds, Telstra Ventures, with participation from sustainability fund 2150 and...
Senior retail figures have backed Sadiq Khan’s call to re-introduce VAT free shopping for tourists, claiming the move would make a “huge difference” to the sector. Kay Buxton, chief executive of Marble Arch London BID, said that the Chancellor Jeremy Hunt  “missed a trick” at the last Budget by...
Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. The company reported adjusted earnings of $39.9bn (£32.2bn) for 2022, the highest in its 115-year history. Energy firms have been making record profits after oil and gas prices jumped...
Tech Nation, the government-backed agency that has helped 5,000 technology companies to develop and grow, is closing its doors at the end of March, saying that it cannot continue without government funding. Launched in 2011 by then prime minister David Cameron, Tech Nation said it had decided its operations...
AI will be crucial for better understanding user intent, providing tailored content recommendations, and streamlining how firms manage information. Artificial Intelligence (AI) is set to play a central role in the future of financial services, and advisors are already recognising the potential this tech has to offer – a...
Infosys, the company founded by Rishi Sunak’s father-in-law NR Narayana Murthy, is in a multimillion-pound dispute with the UK tax authorities. HMRC and the Indian IT services firm, in which the prime minister’s wife, Akshata Murty, holds a stake of close to 1%, disagree over a corporation tax bill...
Tribepad, a leading talent acquisition software provider, has secured a £12m investment from BGF. Founded in Sheffield in 2008, Tribepad has developed a best-of-breed talent acquisition platform which supports the end-to-end hiring process for some of Britain’s leading enterprises. Its software is used by over 125 in-house talent acquisition...
The EU is stepping up its green subsidy race with the US through plans to loosen state aid rules on tax credits for renewable energy projects. European policymakers have been under pressure to respond to the US president Joe Biden’s $369bn (£298bn) Inflation Reduction Act, which aims to encourage...
Many train firms will not run any services on Wednesday or Friday as Britain’s train services will be decimated by strike action on two days this week. Train driver members of Aslef and the Rail, Maritime and Transport union (RMT) will walk out on Wednesday and Friday in a long-running...
These finalists are making the UK a more sustainable and conscious place to do business. Taking care of our planet and future generations should be on every business’ agenda. It takes a lot of effort to be eco-innovative – it’s not something that happens over night. Every element of...