
Fuel Ventures leads £1.5M seed round in Groov to transform embedded lending for SMEs
Fuel Ventures has led a £1.5 million investment in Groov to drive growth in embedded lending, aiming to bridge the $1.2 trillion SME funding gap with…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Fuel Ventures has led a £1.5 million investment in Groov to drive growth in embedded lending, aiming to bridge the $1.2 trillion SME funding gap with…

Five years after the pandemic, 41% of UK workers still work from home at least part-time, with hybrid working common among educated professionals and parents. Discover…

The FCA has fined Metro Bank £16.6 million for inadequate systems to monitor over £51 billion in transactions for money laundering risks. Learn more about the…

UK wage growth slows to a two-year low, with unemployment reaching 4.3%. The Bank of England may hold interest rates as inflation pressures persist. Discover the…

New budget policies, including higher employer national insurance contributions, could force two in five UK hair salons to close. Industry leaders call for action as employment…

Over 3,000 students have applied to switch from private to state schools, as Labour’s 20% VAT on fees adds an average of £2,000 per pupil. Critics…

AI could displace up to 3 million UK jobs, Tony Blair Institute predicts, but growth in new roles expected

Co-op research finds that 70% of people from lower socioeconomic backgrounds face barriers to career or education opportunities, highlighting the need for improved social mobility in…

SSE is set to unveil spending plans and project updates at its interim results, following the completion of major renewable projects. Learn about investor expectations and…

NatWest has repurchased £1bn in shares from the UK Treasury, reducing the government’s stake to 11.4% in a move towards full privatisation. Discover more about the…

A 20% tariff on UK imports to the US under Trump’s trade policy could cost the UK £22bn in exports, impacting sectors like fishing, petroleum, and…

Bitcoin hits a record $80,000 after Trump’s election victory, driven by promises to make the US a “crypto capital” and strip back regulations. Crypto markets brace…

Chris Eubank unveils Trust Huddle, a free community platform for fundraising, event organisation, and member management, designed to empower sports clubs, charities, PTAs, and more. Join…

The Entertainer toy chain has scrapped plans for two new UK stores, citing increased National Insurance costs announced in the Budget. Rising employer taxes are prompting…

Sainsbury’s reported a 5% increase in food sales, bolstered by market share growth, yet struggled with a 5% decline at Argos due to challenging market conditions.…