A certified B Corporation company which repurposes electronic equipment to benefit schools and charities has landed more than £3m in funding from a London-based investor. Sky News understands that Reconome, which partners with major companies including Netflix and O2, has secured the new money from IW Capital, an investment firm specialising in growth capital deals.
Another leading technology company is being swallowed up in a transatlantic takeover that will underline the scale of the raid on some of Britain's most promising businesses. Sky News has learnt that Demica, which is one of the UK's largest providers of supply chain finance, has agreed a deal with FIS, the $46bn New York-listed
A certified B Corporation company which repurposes electronic equipment to benefit schools and charities has landed more than £3m in funding from a leading start-up investment group. Sky News understands that Reconome, which partners with major companies including Netflix and O2, has secured the new money from IW Capital, which has backed a string of
Plans to "green" the UK's power system will protect consumers from future energy crises and has the potential to "bring down bills for good", the government has said. Achieving clean electricity by 2030 was a key election promise for the Labour party, and reiterated by Keir Starmer last week as he outlined government 'milestones' .
Whether you are buying it as a gift, as a tipple to have with your Christmas dinner or as a little something for yourself, a bottle of wine is a firm festive favourite. The Money team has spoken to a sommelier and a top restaurateur to get their recommendations on the best bottles for every
The economy remained in reverse gear during October, according to official figures covering the month ahead of the government's first budget. The Office for National Statistics (ONS) said output fell 0.1% following the 0.1% decline recorded for the previous month. It marked the first time since the COVID pandemic that the economy had shrunk for
Royal Mail has been fined £10.5m for missing postal delivery targets. Regulator Ofcom said 74.7% of first class mail and 92.7% of second class was delivered on time in 2023/24. The targets were 93% and 98.5%. It is the second time Ofcom has fined Royal Mail since the pandemic and it "needs to do much
It might be tempting, given how much coverage has focused on it recently, to assume the forthcoming changes to inheritance tax regime are the single biggest issue facing farmers these days. But the reality is these tax changes come at a moment of extraordinary pressure, with farmers having to contend with a swathe of unsettling
The Daily Telegraph's publisher is to hand hundreds of staff a £500 bonus this month as uncertainty over its ownership looks set to stretch into a third calendar year. Sky News has seen an email sent on Thursday by Anna Jones, Telegraph Media Group's chief executive, in which she told employees that they would receive
A third successive interest rate cut has been ordered by the European Central Bank (ECB) to help arrest a slowdown across the euro area. The bank's governing council said that while its battle against inflation continued to show real progress, it was also acting to help stoke weakening demand in the 20 nations that use