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  • Caudwell and Rose warn Britain is training entrepreneurs for export
  • Business rates review to reset how pubs and hotels are valued
  • Profits almost halve at Britain’s 100 biggest restaurant groups
  • Britain’s hidden productivity boom masked by ‘flawed’ ONS data
  • Uber faces €825m GDPR fine over automated driver deactivations
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Category: Get Funded

Barclays has reported a 19 per cent rise in first-quarter profits, as market turmoil driven by Donald Trump’s return to the White House boosted trading revenues across its investment banking arm. The FTSE 100 lender posted pre-tax profits of £2.7 billion for the three months to the end of March, beating City forecasts of £2.5 billion. The performance was powered by a surge in revenues from Barclays’ markets division, which capitalised on investor reaction to sweeping policy changes by the Trump administration. Revenues in the markets business climbed 16 per cent year-on-year to nearly £2.7 billion, driven by a 21 per cent increase in fixed income, currencies and commodities trading, and a 9 per cent rise in equities. Activity soared as traders helped clients rapidly rebalance portfolios in response to new US trade and economic measures. The gains offset a rise in loan loss provisions across the group, which increased to £643 million from £513 million a year earlier. Barclays said this included a £74 million charge for “elevated US macroeconomic uncertainty”, reflecting the potential impact of Trump’s newly imposed global tariffs. The results mark a win for chief executive CS Venkatakrishnan, known as Venkat, who unveiled a three-year transformation plan in early 2023 to revive shareholder confidence and reposition the bank. His strategy includes rebalancing Barclays away from its historically volatile investment banking arm and bolstering its UK consumer and corporate businesses, alongside a commitment to return £10 billion to shareholders by the end of 2026. Investment banking fees also saw a strong uplift, rising 16 per cent to £1.2 billion from advising on takeovers, capital raises, and debt issuance. Despite the market gains, challenges remain for Barclays as it navigates a shifting global landscape. Trump’s new trade tariffs, including heavy levies on Chinese goods, pose risks to the global economy and could threaten growth in the UK and US — key markets for the bank. Venkat acknowledged the uncertain backdrop but struck an optimistic tone: “Our high quality, diversified businesses, together with proactive risk, capital and liquidity management and a robust balance sheet, position us well to support our customers and clients and deliver strong risk-adjusted returns in a wide range of macroeconomic scenarios.” Barclays shares have performed strongly since Venkat’s turnaround plan was announced last year, but ongoing geopolitical and economic volatility may test the resilience of his strategy in the months ahead.

Barclays backs ThruDark retail expansion with £4m trade loan

13 January 202613 January 2026 Get Funded Jamie Young 0 Comments

British performance apparel brand ThruDark secures a £4m trade loan from Barclays to support growth, stock investment and retail expansion.

Emotional intelligence (EI) is way more than just knowing your emotions in and out. It's also about putting this awareness into practice to make sense of life’s day to day challenges and fully connect with others.

Karavel raises £1.25m pre-seed round to modernise compliance in regulated industries

13 January 2026 AI, Get Funded Amy Ingham 0 Comments

AI compliance platform Karavel has secured £1.25m in pre-seed funding led by Fuel Ventures to streamline regulatory monitoring, ad reviews and compliance workflows.

Shares in Soho House fell sharply after a key backer in a proposed $1.8bn deal to take the members’ club group private failed to deliver a crucial funding commitment, casting doubt over the future of the transaction.

Soho House shares slide as investor pulls funding from $1.8bn take-private deal

9 January 2026 Get Funded, News Amy Ingham 0 Comments

Soho House shares slide after key investor MCR fails to fund a $200m commitment, putting a $1.8bn take-private deal at risk.

Elon Musk’s artificial intelligence company xAI has secured $20bn (£15.7bn) in fresh funding, pressing ahead with its expansion plans even as its flagship chatbot, Grok, faces intensifying global scrutiny over the creation of sexualised and non-consensual images of women and children.

Elon Musk’s xAI raises $20bn despite mounting backlash over Grok deepfakes

7 January 20267 January 2026 Get Funded, News Jamie Young 0 Comments

Elon Musk’s AI firm xAI has raised $20bn even as its Grok chatbot faces global backlash over sexualised deepfake images and regulatory scrutiny.

Gary Neville has sold a majority stake in his fast-growing media business The Overlap to radio giant Global, in a deal designed to turn the platform into a world-leading sports network.

Gary Neville sells majority stake in The Overlap as media brand targets global expansion

6 January 2026 Entrepreneurs, Get Funded Jamie Young 0 Comments

Gary Neville has sold a majority stake in The Overlap to Global as the sports media brand targets global growth.

A group of Britain’s most recognisable cultural figures has launched what insiders describe as a “cool, creator-led” alternative to Dragons’ Den, aiming to uncover and back the next generation of young entrepreneurs through TikTok and social platforms.

It’s Dragons’ Den for the TikTok generation as Britain’s biggest stars back young founders

4 January 20264 January 2026 Get Funded Jamie Young 0 Comments

A group of Britain’s most recognisable cultural figures has launched what insiders describe as a “cool, creator-led” alternative to Dragons’ Den, aiming to uncover and back the next generation of young entrepreneurs through TikTok and social platforms.

Larry Ellison, the 81-year-old co-founder of Oracle, has leapfrogged Elon Musk to become the world’s richest individual after a surge in demand for artificial intelligence services sent Oracle shares soaring.

Dream of ‘Europe’s Silicon Valley’ at risk as ministers urged to move faster on OxCam rail link

1 January 20261 January 2026 Get Funded, In Business Business Matters 0 Comments

The ambition to turn the Oxford–Cambridge corridor into “Europe’s Silicon Valley” is in danger of stalling unless the government accelerates delivery of long-promised infrastructure, business leaders have warned.

Joe Wicks

ITV backs Joe Wicks with £3m investment in the body coach app

1 January 2026 Get Funded Jamie Young 0 Comments

ITV has agreed to invest up to £3m in Joe Wicks’ Body Coach fitness app, with the partnership including advertising across ITV and ITVX.

The UK’s services sector returned to modest growth in June, defying broader economic concerns and offering a glimmer of hope amid a backdrop of rising taxes, falling employment and geopolitical instability.

Britain stuck at bottom of G7 for investment as private spending stalls

30 December 2025 Get Funded, News Amy Ingham 0 Comments

The UK remains last in the G7 for investment, with economists warning that rising public spending will not be enough to offset stagnating private sector investment.

Greg Jackson, the outspoken founder of Octopus Energy, has been appointed by Prime Minister Keir Starmer to join the Cabinet Office board as a non-executive adviser, giving him an influential role at the heart of government.

Octopus Energy to spin out Kraken in $8.65bn valuation deal

30 December 2025 Get Funded, News Amy Ingham 0 Comments

Octopus Energy Group is spinning out its technology arm Kraken at an $8.65bn valuation following a $1bn investment round led by D1 Capital Partners.

A UK maritime robotics startup led by a 22-year-old founder has raised more than £750,000 to develop autonomous robots designed to clean ships’ hulls, reduce fuel consumption and remove the need for hazardous underwater diving work.

Edinburgh startup secures £750k to build robots that clean ships’ hulls

22 December 202521 December 2025 Get Funded, News Amy Ingham 0 Comments

A UK maritime robotics startup led by a 22-year-old founder has raised more than £750,000 to develop autonomous robots designed to clean ships’ hulls, reduce fuel consumption and remove the need for hazardous underwater diving work.

Tom Pellereau, the first winner of The Apprentice to secure an equity investment from Lord Sugar, has regained full ownership of his business after buying out Lord Sugar’s 50 per cent stake.

Apprentice winner Tom Pellereau buys out Lord Sugar to regain full control of Styl Pro

19 December 202519 December 2025 Entrepreneurs, News, Success stories Jamie Young 0 Comments

The Apprentice winner Tom Pellereau has bought out Lord Sugar’s 50% stake in Styl Pro, returning the beauty-tech brand to full founder ownership 14 years after the original investment.

BGF has completed a £16.6 million minority investment in Workbooks, the mid-market software platform positioning itself as a practical alternative to traditional CRM systems by bringing sales, marketing, customer support and commercial operations into a single, integrated solution.

BGF invests £16.6m in Workbooks to fuel growth of its ‘no-BS CRM’ platform

15 December 2025 Get Funded Jamie Young 0 Comments

BGF has invested £16.6m in Workbooks to accelerate growth of its integrated ‘no-BS CRM’ platform across the UK and US, scaling product development and go-to-market expansion.

NatWest Group has opened applications for the second year of its Fintech Programme, calling on UK-based fintechs that are using artificial intelligence to reshape the future of customer experience in financial services.

NatWest Group opens applications for 2026 fintech programme focused on AI-led customer experience

15 December 2025 AI, Get Funded, In Business Amy Ingham 0 Comments

NatWest Group has opened applications for its 2026 Fintech Programme, inviting UK fintechs using AI to transform customer experience in financial services to apply.

A London-based veterinary start-up aiming to bring greater price transparency to pet care has raised £15 million to accelerate its expansion across the UK.

Hello Vet raises £15m to expand transparent-pricing clinics across the UK

14 December 2025 Get Funded Jamie Young 0 Comments

Hello Vet has raised £15m to expand its veterinary clinics nationwide, promising clearer pricing as vet costs have risen 63% since 2016.

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Latest Content

The UK economy is losing as much as £3.5 billion a year as tens of thousands of women leave the technology sector amid stalled career progression, unequal pay and weak leadership pipelines, according to a new landmark report released to mark Ada Lovelace Day.

London’s female founders pass £100m in Start Up Loans

The Start Up Loans London total for female-founded businesses has passed £100m across 10,853 loans, with Hackney, Lewisham and Tottenham the capital’s busiest constituencies, and eligibility now widened to firms trading for up to five years.

Caudwell and Rose warn Britain is training entrepreneurs for export

Business rates review to reset how pubs and hotels are valued

Profits almost halve at Britain’s 100 biggest restaurant groups

Britain’s hidden productivity boom masked by ‘flawed’ ONS data

Uber faces €825m GDPR fine over automated driver deactivations

Dragons’ Den star Sara Davies takes stake in Not On The High Street turnaround

Camra membership falls to eight-year low as beer campaigner slips £800,000 into the red

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