News

Accenture has begun referring to its global workforce of nearly 800,000 people as “reinventors” as part of a sweeping restructuring aimed at positioning the consultancy as a leader in artificial intelligence. Chief executive Julie Sweet has already adopted the new terminology in internal communications, and the company is encouraging the label to be used across the business. The shift stems from a June reorganisation that merged Accenture’s strategy, consulting, creative, technology and operations arms into...

Cannumo, the Lithuanian wellness start-up behind the live-bacteria drink Goodie, has secured a record-breaking €1 million investment on Shark Tank Lithuania — the largest deal ever reported on any European business reality show. The investment came from entrepreneur Tadas Burgaila, co-founder of the Kilo Group and founder of accelerator Lost Astronaut. Burgaila committed €600,000 for a 20% equity stake, alongside €400,000 in loan financing, marking a milestone for both Lithuania’s start-up sector and the broader...

Prime Minister Keir Starmer has denied accusations that Chancellor Rachel Reeves misled the cabinet or the public over the state of the public finances ahead of last week’s Budget, after a fresh row erupted between the Treasury and the Office for Budget Responsibility (OBR). Speaking at a nursery in London, Starmer defended Reeves’ tax rises and her decision to scrap the two-child benefit cap, despite weeks of speculation over possible income tax hikes. He insisted...

Borough Broth, the fast-growing bone broth brand backed by Duncan Jones, has secured £7.5 million in new investment to support a major expansion, as demand for natural and minimally processed foods continues to soar. The funding comes from Piper, the consumer-focused private equity firm known for backing brands such as Ancient + Brave and luxury candle maker Neom. The deal gives Piper a one-third stake, valuing Borough Broth at £19.5 million. Founder Ros Heathcote, a...

Fears over the strength of the UK economy appear to have kept shoppers away from high streets on Black Friday, adding to growing evidence that consumer caution will weigh heavily on growth into 2026. Footfall across all shopping destinations fell by 2% on Friday and was 7.2% lower than the equivalent days last year, according to data from monitoring firm MRI Software. Only locations close to central London offices bucked the trend, seeing a slight...

The UK government is preparing to sign a major pharmaceuticals agreement with Washington that will remove import tariffs on medicines entering the United States and commit Britain to higher spending on NHS drugs. The deal, expected to be announced within days, follows months of tense negotiations with the Trump administration and comes after a wave of warnings and pulled investments from multinational drug makers frustrated with the UK’s commercial environment. According to industry sources, the...