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Latest News:

  • Reeves unveils 25% electricity bill cut for 10,000 manufacturers as energy costs bite
  • Disney to axe 1,000 jobs as new chief D’Amaro moves to streamline empire
  • Norwegian green-steel start-up closes in on rescue deal for former Liberty works in South Yorkshire
  • Reeves flies into Washington as IMF brands Britain the G7’s biggest loser
  • AA ordered to refund 80,000 learner drivers in landmark ‘drip pricing’ ruling
  • Barratt Redrow pulls back on land buying as Iran war rattles housing market
  • Holidays abroad take a hit as cost of living fears and Iran conflict weigh on British consumers
  • HSBC warns Iran war is shaking global confidence as UK business leaders count the cost
  • Morrisons to axe up to 200 head office jobs as AI drive accelerates
  • Rolls-Royce targets collectors with £3m electric Nightingale as coach-building strategy accelerates
Airbus has finalised a major deal to acquire parts of Spirit AeroSystems’ UK business, including the historic Short Brothers factory in Belfast and key operations in Prestwick, as it moves to secure critical components for its aircraft production lines.

Reeves unveils 25% electricity bill cut for 10,000 manufacturers as energy costs bite

Chancellor Rachel Reeves expands the British Industrial Competitiveness Scheme by 40%, cutting electricity bills by up to 25% for 10,000 UK manufacturers from April 2027.

US tariffs threaten to tip UK, Europe and Asia into recession, warn economists

US tariff refund backlog leaves UK exporters in limbo as Washington scrambles to process billions in claims

Thousands of importers face an open-ended wait for US tariff refunds as CBP’s new CAPE portal covers only 63% of claims. UK SMEs trading transatlantically could be owed a share of up to $166bn.

Walt Disney is preparing to shed roughly 1,000 jobs in the first significant cost-cutting exercise under its new chief executive Josh D'Amaro, as the entertainment giant grapples with the shifting economics of Hollywood.

Disney to axe 1,000 jobs as new chief D’Amaro moves to streamline empire

Disney’s new CEO Josh D’Amaro is cutting around 1,000 jobs across its studio, television, ESPN and marketing divisions as the entertainment giant battles shrinking box office returns and streaming pressures.

Stainless steel 1.4542, which is also referred to as 17-4PH or AISI 630, is a high-performance material with broad recognition for its strength, hardness, and moderate level of corrosion resistance.

Norwegian green-steel start-up closes in on rescue deal for former Liberty works in South Yorkshire

Norwegian-backed Blastr has entered exclusive five-week talks with the UK’s official receiver to buy Speciality Steel UK, raising hopes of a rescue for Rotherham and Stocksbridge.

Rachel Reeves touched down in Washington on Tuesday carrying an unwelcome piece of luggage: the International Monetary Fund's verdict that Britain is the biggest economic casualty of the Iran war among the world's wealthiest nations.

Reeves flies into Washington as IMF brands Britain the G7’s biggest loser

The IMF has slashed Britain’s growth forecast by 0.5 points — the sharpest G7 downgrade — as Rachel Reeves arrives in Washington with inflation nearing 4%.

The AA has become the first company to feel the sting of the Competition and Markets Authority's new consumer enforcement powers, landing a £4.2 million fine and being ordered to return £760,000 to more than 80,000 learner drivers who were stung by so-called drip pricing.

AA ordered to refund 80,000 learner drivers in landmark ‘drip pricing’ ruling

The AA has been fined £4.2m and ordered to repay £760,000 to more than 80,000 learner drivers after the CMA ruled its driving schools breached consumer law by hiding a mandatory booking fee.

In April, business activity in the UK construction sector expanded at its fastest pace in over a year, according to a new survey by S&P's purchasing managers’ index (PMI). Despite this overall growth, housebuilding continued to face challenges.

Barratt Redrow pulls back on land buying as Iran war rattles housing market

Britain’s biggest housebuilder Barratt Redrow is cutting land purchases by up to £200m as the Iran conflict fuels mortgage rate fears, yet Q3 sales rose 6% and the order book swelled to £3.54bn.

UK fintech Arrival has raised £500,000 in a Fuel Ventures-led pre-seed round to cut tenant utility setup from half a day to under three minutes and tackle £470m in annual rent arrears.

Arrival secures £500,000 to untangle Britain’s broken utilities market for renters

UK fintech Arrival has raised £500,000 in a Fuel Ventures-led pre-seed round to cut tenant utility setup from half a day to under three minutes and tackle £470m in annual rent arrears.

Bitcoin has no headquarters, no board of directors, and no founder willing to take credit. In the eighteen years since the white paper appeared under the name Satoshi Nakamoto, the question of who actually wrote it has attracted reporters, cryptographers, amateur sleuths, and seasoned investigators, all of whom have come up empty or close enough to it. That streak may be over.

Finding Satoshi: The Code, the Mystery, and the People Who Spent Four Years Unraveling Both

Bitcoin has no headquarters, no board of directors, and no founder willing to take credit. In the eighteen years since the white paper appeared under the name Satoshi Nakamoto, the question of who actually wrote it has attracted reporters, cryptographers, amateur sleuths, and seasoned investigators, all of whom have come up empty or close enough to it. That streak may be over.

  1. Reeves unveils 25% electricity bill cut for 10,000 manufacturers as energy costs bite
  2. US tariff refund backlog leaves UK exporters in limbo as Washington scrambles to process billions in claims
  3. Disney to axe 1,000 jobs as new chief D’Amaro moves to streamline empire
  4. Norwegian green-steel start-up closes in on rescue deal for former Liberty works in South Yorkshire
  5. Reeves flies into Washington as IMF brands Britain the G7’s biggest loser
  6. AA ordered to refund 80,000 learner drivers in landmark ‘drip pricing’ ruling
  7. Barratt Redrow pulls back on land buying as Iran war rattles housing market
  8. Arrival secures £500,000 to untangle Britain’s broken utilities market for renters
  9. Finding Satoshi: The Code, the Mystery, and the People Who Spent Four Years Unraveling Both

Latest News…

Airbus has finalised a major deal to acquire parts of Spirit AeroSystems’ UK business, including the historic Short Brothers factory in Belfast and key operations in Prestwick, as it moves to secure critical components for its aircraft production lines.

Reeves unveils 25% electricity bill cut for 10,000 manufacturers as energy costs bite

Chancellor Rachel Reeves expands the British Industrial Competitiveness Scheme by 40%, cutting electricity bills by up to 25% for 10,000 UK manufacturers from April 2027.

Walt Disney is preparing to shed roughly 1,000 jobs in the first significant cost-cutting exercise under its new chief executive Josh D'Amaro, as the entertainment giant grapples with the shifting economics of Hollywood.

Disney to axe 1,000 jobs as new chief D’Amaro moves to streamline empire

Disney’s new CEO Josh D’Amaro is cutting around 1,000 jobs across its studio, television, ESPN and marketing divisions as the entertainment giant battles shrinking box office returns and streaming pressures.

Stainless steel 1.4542, which is also referred to as 17-4PH or AISI 630, is a high-performance material with broad recognition for its strength, hardness, and moderate level of corrosion resistance.

Norwegian green-steel start-up closes in on rescue deal for former Liberty works in South Yorkshire

Norwegian-backed Blastr has entered exclusive five-week talks with the UK’s official receiver to buy Speciality Steel UK, raising hopes of a rescue for Rotherham and Stocksbridge.

Rachel Reeves touched down in Washington on Tuesday carrying an unwelcome piece of luggage: the International Monetary Fund's verdict that Britain is the biggest economic casualty of the Iran war among the world's wealthiest nations.

Reeves flies into Washington as IMF brands Britain the G7’s biggest loser

The IMF has slashed Britain’s growth forecast by 0.5 points — the sharpest G7 downgrade — as Rachel Reeves arrives in Washington with inflation nearing 4%.

The AA has become the first company to feel the sting of the Competition and Markets Authority's new consumer enforcement powers, landing a £4.2 million fine and being ordered to return £760,000 to more than 80,000 learner drivers who were stung by so-called drip pricing.

AA ordered to refund 80,000 learner drivers in landmark ‘drip pricing’ ruling

The AA has been fined £4.2m and ordered to repay £760,000 to more than 80,000 learner drivers after the CMA ruled its driving schools breached consumer law by hiding a mandatory booking fee.

In April, business activity in the UK construction sector expanded at its fastest pace in over a year, according to a new survey by S&P's purchasing managers’ index (PMI). Despite this overall growth, housebuilding continued to face challenges.

Barratt Redrow pulls back on land buying as Iran war rattles housing market

Britain’s biggest housebuilder Barratt Redrow is cutting land purchases by up to £200m as the Iran conflict fuels mortgage rate fears, yet Q3 sales rose 6% and the order book swelled to £3.54bn.

BodyHoliday

Holidays abroad take a hit as cost of living fears and Iran conflict weigh on British consumers

UK travel spending has dropped for the first time since 2021 as households brace for higher energy bills and the fallout from the Iran conflict, Barclays data shows.

Poorly designed and inadequately maintained workplaces are draining the UK economy of more than £71 billion a year, according to new research from facilities and security services company Mitie.

HSBC warns Iran war is shaking global confidence as UK business leaders count the cost

HSBC chiefs warn the Iran conflict is denting global confidence, as UK bosses from Castore to Virgin Atlantic flag soaring costs, supply chain chaos and inflation risks.

Morrisons

Morrisons to axe up to 200 head office jobs as AI drive accelerates

Morrisons is putting up to 200 Bradford head office roles at risk as the debt-laden supermarket turns to AI and automation to cut costs and streamline operations.

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Business

US tariffs threaten to tip UK, Europe and Asia into recession, warn economists

US tariff refund backlog leaves UK exporters in limbo as Washington scrambles to process billions in claims

Thousands of importers face an open-ended wait for US tariff refunds as CBP’s new CAPE portal covers only 63% of claims. UK SMEs trading transatlantically could be owed a share of up to $166bn.

Richard Branson has foregone more than £100 million he stood to receive from Nationwide for the right to use the Virgin Money brand

Virgin StartUp opens second round of free accelerator for dyslexic entrepreneurs

Virgin StartUp has opened applications for Momentum 2.0, its free accelerator programme for dyslexic entrepreneurs, running from May to July 2026 with backing from Virgin Unite and Made By Dyslexia.

British businesses are in danger of being left stranded in the middle of the pack on artificial intelligence, with a new PwC study revealing a significant gap between UK firms and the world's top AI adopters in both spending and returns.

UK firms risk being left behind as AI adoption gap widens, warns PwC

British companies are spending less on AI and seeing weaker returns than global leaders, with PwC warning the next 12 months are critical for UK firms to close the gap.

Businesses are not required to have a petrol pump on their premises to claim refunds of VAT on fossil fuel expenses, why is it not the same for EV charging?

Retail backers of SEIT face wiping out half their money as green trust raises the white flag

SDCL Efficiency Income Trust (SEIT) has abandoned its rescue plan and opted for a managed wind-down after pressure from activist Saba Capital, leaving retail investors nursing potential losses of more than 50 per cent on £1.1bn raised.

The iconic property arm of the Knightsbridge department store has closed its last remaining office after a perfect storm of stamp duty hikes, the scrapping of non-dom tax status and a shift in tastes among ultra-wealthy buyers left it fatally exposed.

Harrods Estates shuts up shop after 130 years as tax raids on wealthy overseas buyers take their toll

Harrods Estates has shut its doors after 130 years, citing falling demand in London’s luxury property market driven by stamp duty rises, the abolition of non-dom status and shifting buyer tastes.

Labour is set to relax planning regulations, facilitating the construction of solar farms and onshore wind turbines to power hundreds of thousands of homes

Britain smashes solar records as ministers greenlight country’s largest solar farm

Britain set new solar generation records on consecutive days this week, hitting 14.4GW, as the government approved the Springwell solar farm in Lincolnshire — the UK’s largest.

Three oil and gas companies have postponed a decision on a new North Sea development due to uncertainty over potential windfall tax increases under a prospective Labour government.

New North Sea oil fields would “send a shock wave around the world”, climate experts warn

Senior climate figures warn that opening new North Sea oil and gas fields would imperil global climate targets, encourage developing nations to exploit fossil fuels, and undermine Britain’s hard-won reputation as a pioneer in climate action.

Profiled…

Leonid Radvinsky, the billionaire owner of OnlyFans, has died at the age of 43 after a long battle with cancer, the company has confirmed.

Onlyfans owner Leonid Radvinsky dies aged 43

Leonid Radvinsky, billionaire owner of OnlyFans, has died aged 43 after cancer, following years of rapid growth and scrutiny of the platform.

At just 26, Doménique Wissink is redefining what luxury travel looks like. As founder of Extra Ibiza, he has built a fast-growing, high-end travel company that goes far beyond villas and yachts—using psychological insight to curate deeply personalised experiences for discerning clients.

Getting To Know You: Doménique Wissink, founder of Extra Ibiza

Doménique Wissink, founder of Extra Ibiza, shares how he built a fast-growing luxury travel brand using psychology, creativity and a new definition of modern luxury.

Marketing & Social Media

Nigel Farage has invested £215,000 in a cryptocurrency business chaired by former UK chancellor Kwasi Kwarteng, underscoring the growing overlap between politics and the digital asset sector.

Reform UK becomes first British political party to launch its own podcast

YouTube has been ranked the world’s most influential brand, as technology companies continue to dominate global media and public discourse, according to a new report.

YouTube named world’s most influential brand as tech dominance grows

John Lewis is preparing to enter a new era of retail by selling products through artificial intelligence platforms and social media, as the historic department store seeks to attract younger shoppers and modernise its business model.

John Lewis to sell via ChatGPT and TikTok in youth push

Get Funded

UK fintech Arrival has raised £500,000 in a Fuel Ventures-led pre-seed round to cut tenant utility setup from half a day to under three minutes and tackle £470m in annual rent arrears.

Arrival secures £500,000 to untangle Britain’s broken utilities market for renters

UK fintech Arrival has raised £500,000 in a Fuel Ventures-led pre-seed round to cut tenant utility setup from half a day to under three minutes and tackle £470m in annual rent arrears.

Chancellor Rachel Reeves has delivered her second Budget, unveiling a wide-ranging package of tax, spending and regulatory measures shaped by weeks of leaks — and an accidental early publication of the OBR’s official forecasts.

Founders push for ‘repeat entrepreneur relief’ to keep exit capital flowing back into UK start-ups

Entrepreneurs are urging the Treasury to introduce a capital gains tax deferral for founders who reinvest exit proceeds into new UK ventures within 12 months, as lobbying intensifies around repeat entrepreneur relief.

Elon Musk has never been one for convention, and his plans for the SpaceX initial public offering are no exception.

SpaceX woos the small investor as Musk eyes the biggest flotation in stock market history

SpaceX is planning the largest IPO in history, targeting a $2tn valuation with up to 30% of shares reserved for retail investors. Here’s what UK investors need to know.

Labour has been urged to stop workers accessing their private pensions from the age of 55 in an effort to curb early retirement and tackle rising unemployment, according to a leading think tank.

Monzo co-founder backs pension start-up Compound in £500,000 raise to shake up workplace savings

Workplace pension start-up Compound has raised £500,000 with backing from Monzo co-founder Paul Rippon and Fuel Ventures to challenge legacy providers in a market plagued by poor technology and rising opt-out rates.

Government’s £100m pledge for innovators dismissed as a drop in the ocean after £25bn National Insurance raid

The government has announced £100m in new investment for start-ups and scale-ups through expanded EIS, VCT and EMI schemes, but business leaders say established firms paying higher National Insurance are being left behind.

British Business Bank has invested $20 million into 9fin as part of a $170 million Series C funding round, propelling the London-based firm to unicorn status and reinforcing the UK’s position as a global fintech hub.

British Business Bank backs 9fin with $20m as fintech reaches unicorn status

The British Business Bank invests $20m in 9fin as the AI fintech reaches unicorn status in a $170m funding round led by HarbourVest.

WHOOP has raised $575 million in fresh funding at a $10.1 billion valuation, as it accelerates its ambition to build a global platform for personalised, preventative healthcare powered by artificial intelligence and biometric data.

WHOOP raises $575m at $10bn valuation to scale global health platform

WHOOP secures $575m in Series G funding at a $10.1bn valuation to expand its AI-powered personalised health platform globally.

Innovate UK has unveiled the winners of its inaugural Agentic AI Pioneers Prize, marking a major step in the government’s ambition to position Britain as a global leader in next-generation artificial intelligence.

Innovate UK names winners of first Agentic AI pioneers prize

Innovate UK announces winners of its Agentic AI Pioneers Prize, awarding funding to startups advancing AI in life sciences, manufacturing and creative sectors.

Maven Capital Partners has successfully exited Manchester-based fintech AccessPay following its acquisition by US investment firm Accel-KKR, delivering a 2.5x return for investors in the Northern Powerhouse Investment Fund I.

Maven exits AccessPay in private equity deal delivering 2.5x return

Maven exits Manchester fintech AccessPay in sale to Accel-KKR, delivering a 2.5x return and highlighting strength of the Northern fintech sector.

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Legal

In a recent Acas survey, employers and employees were asked which three changes in the Employment Rights Act 2025 would have the biggest impact in their workplace.

Imminent changes to Statutory Sick Pay: What employers need to know

In a recent Acas survey, employers and employees were asked which three changes in the Employment Rights Act 2025 would have the biggest impact in their workplace.

Teenage darts sensation Luke Littler has applied to trademark his own face in a landmark move aimed at protecting his image from AI-generated fakes and unauthorised commercial use.

Luke Littler moves to trademark his face in bid to combat AI fakes

Darts champion Luke Littler applies to trademark his face to prevent AI deepfakes and counterfeit products, highlighting gaps in UK IP law.

Artificial intelligence is emerging as a new source of legal and financial pressure for UK businesses, with more than a third now reporting a rise in low-merit claims generated using AI tools, according to new research from Irwin Mitchell.

AI-generated legal claims add to cost burden on British businesses

More than a third of UK firms face rising AI-generated legal claims, increasing costs, cyber risk and pressure on in-house legal teams, new research finds.

The eco-friendly pet brand Piddle Patch, which rose to national prominence following an appearance on Dragons’ Den, has won a significant trademark infringement case in the UK courts after a judge ruled that a rival company deliberately attempted to profit from its brand recognition.

Dragons’ Den success story Piddle Patch wins landmark trademark infringement case

Piddle Patch, the eco-friendly dog toilet brand featured on Dragons’ Den, has won a High Court trademark infringement case against City Doggo Ltd in a ruling that could shape UK intellectual property disputes.

UK Supreme Court rules Spain cannot avoid €120m renewable energy debt by claiming state immunity

UK Supreme Court rules Spain cannot avoid €120m renewable energy debt by claiming state immunity

The UK Supreme Court has ruled Spain cannot claim state immunity to avoid paying a €120m renewable energy arbitration award, allowing investors to pursue seizure of Spanish assets in England.

Supermarket giant Iceland is to close even more stores following a string of closures this year.

Iceland supermarket drops decade-long trademark dispute with Iceland and offers “rapprochement discount”

UK supermarket Iceland has ended its 10-year EU trademark battle with the country of Iceland and plans to offer Icelandic shoppers a “rapprochement discount” as the dispute concludes.

A High Court judge has ruled that thousands of people affected by a major data breach at Capita can continue with their legal action against the outsourcing group, in a decision being described as a landmark for large-scale data privacy claims in the UK.

High Court clears way for thousands to pursue Capita data breach claims

A High Court judge has ruled that thousands of claimants can continue legal action against Capita over a major 2023 cyber attack, marking a significant moment for UK data privacy cases.

UK-founded legaltech business Lawhive has raised $60 million (£47m) in Series B funding as it accelerates its expansion across the US consumer legal market and doubles down on its AI-driven operating model.

Lawhive raises $60m to scale AI-native consumer law firm across the US

UK legaltech Lawhive has raised $60m in Series B funding to expand its AI-native consumer law firm across the US, surpassing $35m in annualised revenue.

Pinterest has dismissed two engineers after they created and shared a software tool that identified colleagues who had been made redundant during a recent round of job cuts, according to reports.

Pinterest sacks engineers after internal tool exposed laid-off staff during AI-driven cuts

Pinterest has dismissed two engineers who created software to identify colleagues made redundant as the company cuts 15% of jobs and shifts further towards AI.

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Made in Britain

An Argyll-based manufacturing firm is targeting 20 per cent year-on-year growth in the global awards sector after investing nearly half a million pounds in new production technology.

Custom acrylic manufacturer Midton targets 20% annual growth after £429,000 tech investment at Argyll foundry

Argyll-based Midton is expanding its acrylic awards manufacturing capacity following a £429,000 investment in new biomass-powered technology.

The Made in Britain organisation has raised concerns over Reform UK’s alleged use of a logo resembling its own, stressing political neutrality and lack of authorisation.

‘Made in Britain’ body challenges Reform UK over alleged unauthorised logo use

The Made in Britain organisation has raised concerns over Reform UK’s alleged use of a logo resembling its own, stressing political neutrality and lack of authorisation.

As the Labour Party Conference kicks off this weekend, Made in Britain, a trade association that unites domestic manufacturers through the official Made in Britain Trademark, has issued a cross-party call for MPs to actively support local manufacturers.

Made in Britain applications surge following Trump tariffs as businesses embrace UK-made goods

The UK’s leading manufacturing trade organisation, Made in Britain, has reported a 20% surge in membership applications in the wake of President Trump’s sweeping new tariffs on imported goods, as interest in “buying British” grows among businesses and consumers alike.

Made in Britain, the not-for-profit organisation behind the official trademark for UK manufacturing, has forged a new partnership with Lincoln-based digital marketing agency Carrington.

Made in Britain teams up with Carrington to drive UK manufacturing growth

Made in Britain, the official trademark for UK manufacturers, has appointed digital marketing agency Carrington to boost visibility for 2,100+ members, championing British-made products and sustainable growth.

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Newswire

Bitcoin has slipped below the $70,000 mark, erasing the gains made after Donald Trump’s return to the White House, as weakening investor demand and regulatory uncertainty weigh on the world’s largest cryptocurrency.

Bitcoin falls below $70,000, wiping out post-election gains

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This months magazine

Business Matters 4th anniversary cover - February 2026

Opinion

Neurodiverse workers could hold a distinct advantage as artificial intelligence reshapes the modern workplace, according to a UK technology entrepreneur who says businesses are overlooking a critical talent pool at a pivotal moment of change.

Neurodiverse talent could be key advantage in AI economy, says UK tech founder

How generational differences can fuel growth

The Government’s entrepreneurship adviser says we don’t need more restaurants. She’s wrong and here’s why

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Technology

The government has fired the starting gun on a £30 million funding offensive aimed at Britain's video games sector, urging developers with ambitions to create the next blockbuster title to come forward for a share of the pot.

Government doubles down on gaming with £30m funding package as sector eyes global growth

British businesses are in danger of being left stranded in the middle of the pack on artificial intelligence, with a new PwC study revealing a significant gap between UK firms and the world's top AI adopters in both spending and returns.

UK firms risk being left behind as AI adoption gap widens, warns PwC

Creating an inclusive restaurant environment is essential to catering to a diverse clientele. From installing commercial playground equipment to offering a diverse food and drinks menu, there are many ways to ensure all guests feel welcome.

Google takes on Opentable with AI that books your dinner in seconds

Business

Bitcoin has no headquarters, no board of directors, and no founder willing to take credit. In the eighteen years since the white paper appeared under the name Satoshi Nakamoto, the question of who actually wrote it has attracted reporters, cryptographers, amateur sleuths, and seasoned investigators, all of whom have come up empty or close enough to it. That streak may be over.

Finding Satoshi: The Code, the Mystery, and the People Who Spent Four Years Unraveling Both

Bitcoin has no headquarters, no board of directors, and no founder willing to take credit. In the eighteen years since the white paper appeared under the name Satoshi Nakamoto, the question of who actually wrote it has attracted reporters, cryptographers, amateur sleuths, and seasoned investigators, all of whom have come up empty or close enough to it. That streak may be over.

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Business Champion Awards

Business Champion Awards | Finalists at Awards Awards 2023 | Cherry Martin

Business Champion Awards is a finalist in the Awards Awards 2023

Two years of rewarding SMEs across the country and The Business Champion Awards are finalists themselves

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