HMRC is set to receive income details from online platforms like eBay and Vinted, but tax experts warn that mismatched reporting periods could catch UK sellers off guard.
Category: Get Funded
Dragons’ Den star Sara Davies retakes Crafter’s Companion reins amid pre-pack rescue
Sara Davies, Dragons’ Den entrepreneur, returns as CEO of Crafter’s Companion through a pre-pack insolvency deal, aiming to save 100 jobs and refocus on core paper crafts.
Emma Watson’s gin brand nets £5m as Renais plots global expansion
Renais, the premium gin brand co-founded by actress Emma Watson, has raised £5m to expand into new markets including Dubai, Canada and the US, backed by InvestBev and Maison Villevert.
Robok secures £1m in UKRI funding to revolutionise AI safety in UK ports and warehouses
AI spinout RoboK has secured £1m in UKRI funding to lead the PALLETS project, transforming safety and efficiency in UK ports and warehouses through AI-powered real-time hazard detection.
Tide gears up for new share sale as it eyes global growth
Tide, the UK-based SME-focused banking platform, is preparing a share sale exceeding £50m as it expands globally. Discover details on its talks with major banks, its fast-growing user base, and planned launches abroad.
Brompton’s profit plunges to less than the price of a single high-end bike
Brompton Bicycle’s profit before tax plunges below the cost of its top-end folding bike amid a 5% dip in sales, rising costs, and industry-wide challenges. Learn how the British bike maker is responding with premium models and expansion plans.
Fuel Ventures secures £20m Chinese investment round, strengthening UK-China tech ties
Fuel Ventures announces a £20m investment from leading Chinese funds, forging deeper UK-China tech collaborations. Founder Mark Pearson highlights the venture fund’s strategic role in bridging Western and Eastern startup ecosystems.
London’s leading electric taxi firm secures £1.6m asset refinance to drive ambitious expansion
Sherbet Electric Taxi Company has secured a £1.6m asset refinance deal to triple its operations, expand its eco-friendly fleet and open a new community hub in Camden, supporting London’s drive towards zero-emission transport.
Revolut’s earliest crowdfunders set to pocket life-changing returns
Early Revolut crowdfunders stand to turn a £2,300 investment into nearly £1m as the fintech giant’s valuation surges. A limited share sale offers a rare opportunity for small backers to cash in on Europe’s rising fintech star.
Stormzy invests in Padel Social Club as padel’s popularity surges across the UK
Music star Stormzy joins Padel Social Club as an investor, backing the UK’s booming padel scene. PSC’s upcoming expansions at The O2 and Wandsworth promise premium courts, top-notch dining, and a thriving community.
Tangle Teezer, once rejected on Dragons’ Den, sold for €200m to Bic
Tangle Teezer, the British hairbrush company famously rejected by Dragons’ Den panellists seventeen years ago, has been acquired by French consumer goods giant Bic in a deal worth €200 million.
DBT gives £230k injection to drive digital transformation among north west SME manufacturers
SME manufacturers in the north west of England will benefit from an additional £230,000 in funding to accelerate the adoption of advanced digital technologies and strengthen their competitiveness.
UAE buys Mclaren’s automotive business following record losses
Discover how Abu Dhabi’s sovereign wealth fund has taken over McLaren’s automotive arm as the British supercar maker faces record losses, ongoing financial strains, and a push towards electrification.
McWin Capital eyes Gail’s in bid to pre-empt £500m auction
Discover why McWin Capital Partners may acquire Gail’s bakery chain before a planned auction, potentially valuing the fast-growing British brand at up to £500 million.
Moonpig slips into loss after £50m write-down hits experiences division
Moonpig, the online greetings card and gifting retailer, has reported a half-year pre-tax loss of £33.3 million after writing down the value of its “experiences” division by more than £50 million, underscoring the challenges posed by faltering consumer confidence in higher-priced discretionary treats.