UK governments of different stripes often talk about the importance of start-ups, and an enterprise culture to ensure economic innovation, job creation, and growth. While the UK has a vibrant entrepreneurial culture, it lacks the same level of governmental support as...
According to data analysis performed by UK consultancy, ScaleWise, two-year graduation rates from Seed to Series A for UK startups have drastically fallen from 12.5% in 2020 to just 4.5%. While this decline naturally slows down the success of early-stage companies, it...
At the end of 2024, the Chinese AI upstart, DeepSeek, shook the industry with the release of its new reasoning model, R1. Claiming to rival the performance of OpenAI and Google at a fraction of the cost and computing power, this Hangzhou-based startup is worrying its...
Following an increased focus on venture capital investment and growing entrepreneurial ambition in the UK, nearly half a million new companies were created in the first half of 2024, based on data from the New Startup Index by Beauhurst and NatWest. Of...
According to the New Startup Index by Beauhurst and supported by NatWest, 468,000 new UK firms have started up in the first half of 2024. While this significant statistic suggests an uplift in new businesses, it’s been reported that 20% of small businesses...
