businessbite
Live

Bite-size news in business & technology, from big breaking stories to funding, appointments & deals

Parcel pickup software company HubBox raises £6m

Published: November 24, 2025 at 3:20 pm

HubBox, a provider of out-of-home delivery software for eCommerce retailers, has raised £6 million in a round led by Puma Growth Partners.

Founded in 2015 by Sam Jarvis (CEO), Claire Jarvis (Chief of Staff), Greg Beszant (VP of Sales EMEA) and Jon Pawley (CTO), HubBox was created to solve the growing frustration with failed home deliveries and rising customer demand for convenient alternatives.

HubBox’s software enables retailers to offer local pickup points at checkout, giving customers more flexibility, helping retailers meet delivery expectations and allowing couriers to consolidate volumes and improve margins by increasing parcels per stop.

The software integrates seamlessly with over 1,000 retail systems with HubBox now serving thousands of retailers across the UK, Europe and the US including GAP, Selfridges, Gymshark, Birkenstock and Macy’s. The software is also compatible with all major couriers’ OOH networks.

Ogury appoints Nicolas Bidon as CEO

Published: November 24, 2025 at 3:05 pm

AdTech Ogury has appointed Nicolas Bidon as CEO, effective from 1st December. He will replace Geoffroy Martin, who was appointed to the role in 2023.

With over two decades of international experience, Bidon will lead Ogury’s next phase of innovation and growth, overseeing its global operations and advancing its end-to-end, cross-channel advertising platform.

He most recently served as global CEO of GroupM Nexus (part of WPP), a network of more than 11,000 digital experts. He joined WPP in 2012 as managing director of Xaxis UK, later becoming global CEO of plista.

In 2017, he was promoted to global CEO of Xaxis, overseeing its reinvention as an outcome media company powered by proprietary AI technology and ushering a new era of significant growth and expansion across 47 markets.

Prior to his time at WPP, Bidon held senior positions at Yahoo and various enterprise software startups, such as Microstrategy and Watchfire, the latter acquired by IBM.

Region’s brightest shine at North East tech awards

Published: November 24, 2025 at 2:56 pm

The North East’s annual tech awards were held late last week, with 450 attendees braving the snow and sleet to attend Dynamo’s Dynamites Awards 2025 at Newcastle Civic Centre’s Banqueting Hall.

The awards this year attracted 88 entries across 14 award categories.

Awards were handed out to a wide variety of winners, from major tech firms to emerging tech startups and organisations with IT departments who are blazing a trail in their respective industries.

The Dynamites Awards 2025 award winners were:

Best Use of Data & AI, sponsored by Neptune North

Winner – Transmission Startups

Equality, Diversity & Inclusion, sponsored by UK Tech Cluster Group

Winner – Sunderland City Council

Growth Explosion, sponsored by LDC

Highly Commended – SafeCall

Winner – tombola

International Success, sponsored by Womble Bond Dickinson

Highly Commended – mkodo

Winner – SaleCycle

Tech Startup, sponsored by Sage

Winner – OnlyCat

Project Excellence, sponsored by Leighton

Winner – Scrumconnect Consulting and the Department for Education (DfE)

Remarkable Innovation, sponsored by Lenovo

Highly Commended – OnlyCat

Winner – XR Therapeutics

Outstanding Workplace, sponsored by Gateshead College

Winner – Leighton

*Rising Star, sponsored by Scott Logic *

Highly Commended – Yevheniia Hutorova, LM Global

Winner – Benjamin Stringer, Bulien

Skills Developer, sponsored by Sunderland Software City

Highly Commended – Layers Studio

Winner – Gateshead College

Marketing Impact, sponsored by Creo Communications

Winner – Seriös Group

Tech Champion, sponsored by Accenture UK

Winner – Paul Callaghan CBE

Tech for Good, sponsored by tombola

Winner – FloKi Health

People’s Choice

Winner, with 14 per cent of the overall vote – Ian Tweedie of Capgemini

EHE Venture Studio plants flag in £1.7bn Manchester innovation district

Published: November 24, 2025 at 2:50 pm

EHE Venture Studio has joined Sustainable Ventures’ ecosystem to establish a new base inside Manchester’s Renold Building – the heart of the £1.7 billion Sister innovation district.

The move marks a major step in EHE’s Northern expansion and deepens its commitment to scaling AI enabled startups by embedding directly into one of the UK’s fastest-growing innovation ecosystems.

Sustainable Ventures offers flexible workspace, event facilities and a thriving community of over 1,000 climate and DeepTech innovators.

365 Finance relocates to Soho

Published: November 24, 2025 at 1:50 pm

SME lender 365 Finance has relocated to a new office in Soho after reporting a 40% year-on-year increase in total funding volume.

Previously based in Camden, the firm is set to benefit from a larger office space along with the more central London location.

The company says demand for its revenue-based finance continues to grow while its global workforce has increased by 35% over the last 12 months.

New CEO at ultrafast broadband provider Truespeed

Published: November 24, 2025 at 1:20 pm

Truespeed has appointed a new CEO in Nelson Missier.

He has been promoted from his current role as chief commercial officer to succeed James Lowther, who is leaving the Bath business at the end of the year.

Missier is a former managing director for Europe at Storytel and as commercial director for Tele2 in Sweden. He has also worked for BT Group and Vodafone India.

Onstage launches ‘Europe’s answer to Y Combinator fund’

Published: November 24, 2025 at 1:05 pm

Onstage, the organiser of Europe’s largest standalone demo day, launched its first venture fund.

The first close of the £10m fund, led by founding partner Joel Hambly, will be used to support European founders at pre-seed and seed stages.

It plans to make around 80 investments over the next three years.

Onstage aims to build Europe’s answer to Y Combinator, but without the accelerator element.

Founded in 2020 by Episode 1 GP Hector Mason and dmg ventures partner Taos Edmondson, Onstage has become a focal point for Europe’s fragmented startup ecosystem.

The winners and losers on the FTSE 100 & 250 today

Published: November 24, 2025 at 12:21 pm

Risers:

Vistry Group – +4.76%

Trustpilot Group – +4.20%

Wizz Air Holdings – +3.92%

Oxford Biomedica – +3.89%

Endeavour Mining – +3.67%

Fallers:

PayPoint – -3.79%

Bluefield Solar Income Fund – -3.10%

Trainline – -2.68%

Anglo-Eastern Plantations – -2.22%

Ocado Group – -2.10%

FinTech startup gets Fuel Ventures backing as it gears for 2026 launch

Published: November 24, 2025 at 11:44 am

Sencillo, a new FinTech focused on responsible education finance, has raised more than £350,000 in pre-seed funding in a round led by Fuel Ventures, with the raise still open to more investors.

The startup is building a platform to help parents plan and manage the full cost of a child’s education, from nursery through to university, at a time when annual spending can run from a few thousand pounds for childcare to more than £22,700 a year for higher education including living costs.

Its marketplace will initially offer unsecured credit products linked to planning tools, with parents able to map future costs, factor in savings or family support and access tailored finance paid directly to schools or universities.

Founded by former Pigzbe co-founder and EY innovation lead Adam Amos, it is positioning itself as a clearer, more transparent alternative to today’s fragmented education funding options, including for families facing pressures such as VAT on private school fees and SEND-related accessibility gaps.

The new capital will support team growth, platform development and a planned launch in early 2026.

Frasers Group chooses Navan as global partner for travel & expense management

Published: November 24, 2025 at 11:33 am

Navan has been chosen by Frasers Group as its global partner for travel and expense management, covering brands including Sports Direct, FLANNELS and FRASERS.

The retailer wants to centralise booking and expenses across its international operations, while making the process smoother for staff and giving finance teams clearer, real-time oversight.

NASDAQ-listed Navan’s single platform lets employees book trips and file expenses in one place, with automated payments, policy checks and reconciliation built in.

Frasers expects the move to lift adoption, improve the employee experience and cut travel costs through better rates and controls as it continues to scale worldwide.

Expect targeted tax measures from Autumn Budget to address £20-30bn fiscal gap

Published: November 24, 2025 at 10:31 am

Author: Rav Hayer, managing director, UK and Ireland, and head of BFSI, Europe at Thoughtworks

The UK government needs to prioritise tackling its structural productivity crisis, because failure to do so risks undermining long-term growth and widening the fiscal gap.

Otherwise, broad-based tax increases or ad hoc measures could harm investment, stifle innovation and reduce the UK’s attractiveness for top talent.

We expect targeted tax measures, such as capital gains tax reforms for founders and charges on professional partnerships, to help address the £20-30 billion fiscal gap.

Simultaneously, the government must accelerate reforms to the pension structure, compelling domestic DC schemes to funnel capital into high-growth UK technology and infrastructure assets.

Crucially, they must protect R&D tax credits and maintain competitive conditions for tech companies, ensuring the UK remains a destination for innovation-led growth.

UrbanChain partners with Low Carbon Hub to support Oxfordshire’s low-carbon transition

Published: November 24, 2025 at 10:26 am

Manchester-headquartered UrbanChain has teamed up with Oxfordshire social enterprise Low Carbon Hub to link community-owned renewable power straight to local energy users via UrbanChain’s renewable energy operating system.

The two-year deal aims to cut out middlemen, giving generators a fairer return and offering businesses competitively priced, 100% renewable electricity.

Oxford-based Low Carbon Hub can also choose to set up its own private local energy market, allowing it to supply clean power directly to organisations in the area.

The partnership will first integrate its 56-strong portfolio of solar, wind and storage projects into the platform, with the longer-term goal of building a fully independent local market to support Oxfordshire’s low-carbon transition.

Startup founder’s plea to save firm after Innovate UK Loans fiasco

Published: November 24, 2025 at 9:40 am

Author: Patrick Killeen

A Newcastle-based robotics firm says it is facing shutdown after a court order froze its bank accounts, leaving it unable to fund a legal appeal.

Dr Atif Syed, founder of Wootzano, has taken to LinkedIn to warn that the business is at risk of liquidation, not because demand has dried up, but because of what he calls a “procedural trap”.

He said Innovate UK Loans Limited, part of UK Research and Innovation (UKRI), petitioned the court to wind up the company, which led to an order that immediately froze the firm’s accounts.

Syed says that move has put the company in an impossible position under Scottish legal rules.

In his words, “In Scotland, a company cannot speak in court without a solicitor”, but with accounts frozen, he says Wootzano cannot pay a solicitor to lodge the appeal needed to challenge the order.

If an appeal is not filed by the 28th November, he says liquidation becomes final.

M+C Saatchi cuts 2025 outlook amid US & Australia woes

Published: November 24, 2025 at 9:09 am

Author: Patrick Killeen

M+C Saatchi has cut its outlook for 2025 after a late-year hit to one of its most profitable divisions, blaming disruption from an extended US Government shutdown.

In an update to the market, the listed advertising and marketing group said trading in the second half has been “adversely impacted” by the shutdown, which it described as the longest in US history.

The disruption has weighed on its Issues specialism – a public sector and policy-focused arm that typically delivers a significant share of fourth-quarter revenue and profit.

While the London-based company said that the shutdown has not damaged client relationships or longer-term contracts, it confirmed that the lost income will not be recovered before year-end.

It now expects like-for-like net revenue to fall by around 7% for the 12 months to 31st December 2025.

The trading update has not been well received by investors, with shares having already dropped by 12.7% to 110p in the first hour of trading.

TT Electronics reports results ahead of £287m takeover

Published: November 24, 2025 at 8:50 am

TT Electronics plc has reported flat trading in its latest results ahead of a £287 million takeover.

For the four-month period ended 25th October 2025, it said revenue was £150.4 million.

The board reconfirmed its previous guidance for full year 2025, which was for adjusted operating profit expected to be in line with the then consensus of £33.7m.

“The TT board acknowledges that achieving this outcome for 2025 requires a significant step up in November and December performance, with c.£12m of adjusted operating profit to be delivered in these last two months of the year,” it added.

S4 Capital issues warning following weaker Q3 & October

Published: November 24, 2025 at 8:47 am

Author: Patrick Killeen

S4 Capital has warned that full-year performance will come in below expectations after a weaker third quarter was compounded by worsened trading in October.

In a statement released to the London Stock Exchange this morning, the digital advertising and marketing group said it had reviewed both its October financial results and a revised forecast for the third quarter.

The review showed net revenue falling behind plan, leading to a downgrade to its outlook for the year.

The London-based MarTech now expects like-for-like net revenue for 2025 to be down by “just under 10%”, a step back from the “upper single digits” decline it was guiding to in early November.

The company’s share price has already fallen by 8.4% in just over half an hour of trading today, dropping to 16.21p as of 8:38am.

New CFO appointed by listed EMV

Published: November 24, 2025 at 8:46 am

EMV Capital Plc, a DeepTech and life sciences VC investment group, has appointed Anesh Patel as group CFO.

Patel has experience in investment banking and leadership roles within AIM-quoted life sciences companies. EMV is listed on the jumior AIM market.

Stephen Crowe, the company’s current CFO, will transition to a newly created role of portfolio CFO. Both are non-board positions.

EMV now has over £100 million of Assets Under Management (AUM) and a portfolio of more than 70 companies, supported by multiple revenue streams across corporate finance, fund management and value-creation services.

Microlise Group to cut workforce as global sales hit

Published: November 24, 2025 at 8:33 am

Author: Jonathan Symcox

Microlise Group plc, a provider of transport management software to fleet operators, it to make redundancies after its global sales were hit.

The firm, based in Nottingham and listed on the junior AIM market, said EBITDA for 2025 will not be less than £8.3 million – well below previously reported market expectations of £12.7m.

Based on trading results for the year to date and its pipeline for the remainder of FY25, it now expects to deliver revenues of not less than £84m, compared with market expectations of £91.3m.

However this is up 4% compared to FY24 adjusted revenues of £81m.

The board has decided to implement cost saving and efficiency measures, which are expected to generate annualised cost savings of at least £4m. There will be an expected reduction in headcount of approximately 10%. 

The firm also said it has hired Dean Garvey-North as its new CTO, succeeding Duncan McCreadie, who will retire after a decade of service.

Strong growth at professional services challenger DSW Capital

Published: November 24, 2025 at 8:20 am

Challenger professional services platform DSW Capital has reported a rise in EBITDA and revenue in its half-year results.

The firm, owner of the Dow Schofield Watts and the DR Solicitors brands, said for the six-month period ended 30th September 2025 adjusted EBITDA rose significantly to £700,000 (H1 FY25: £100,000), reflecting a full six-month contribution from DR Solicitors, acquired in November 2024.

Network revenue increased by 32% to £10.3m.

The firm has a strong balance sheet with net assets of £10.2m (FY25: £10.0m) and declared an interim dividend of 1.2p per share, up from 1p last year.

Multi-year Arsenal deal for Zilch

Published: November 21, 2025 at 3:14 pm

Arsenal Football Club has signed a multi-year deal with Zilch, a consumer payments platform.

The global partnership, which marks Zilch’s first foray into sports, spans both men’s and women’s teams, and will make available Zilch’s range of flexible payment options to Arsenal supporters.

The agreement will also offer Arsenal supporters benefits every time they spend with Zilch.

 

Have Your Say

    Subscribe to our newsletter

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.