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186 UK SME Winners Revealed on 60th Anniversary

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186 UK SME Winners Revealed on 60th Anniversary

A Cotswold soap-maker, a Warwickshire 3D-printing pioneer supplying supercar manufacturers and an Edinburgh tech-refurbishment social enterprise are among 186 organisations honoured this year with The King’s Awards for Enterprise, as Britain’s most prestigious business accolade marks its 60th anniversary.

The 2026 cohort, which includes 76 winners for international trade, 52 for innovation, 36 for sustainability and 22 for promoting opportunity through social mobility, underlines the growing breadth of the awards first presented by Queen Elizabeth II in 1966. Renamed in 2022 following the King’s accession, the honours have now recognised more than 8,000 British businesses across six decades.

A sustainability story written in soap

For Emma Heathcote-James, founder of the Little Soap Company, the recognition vindicates an approach that has prized principles over margins since she began hand-crafting bars from her Cotswold cottage in 2008.

“We don’t make the profit that we perhaps could if we made everything in China, but every single decision that we make is putting the planet and people first,” said Heathcote-James, 49, whose products are now stocked by Waitrose, Tesco and Boots.

The business, which turns over around £2.4 million and employs 13 staff, manufactures exclusively in Scotland and northern England, home to the few soap factories Britain has left, and produces vegan-certified, cruelty-free ranges in recycled packaging.

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It has not, however, been insulated from the macroeconomic squeeze. Chief operating officer Sharon Redrobe, who is married to Heathcote-James, said geopolitical tensions had pushed up the cost of raw materials including the essential oils used as fragrances, while greenwashing by some competitors remained a source of frustration. Winning as a small, independently financed business, she said, was the company’s “biggest coup” to date.

Little Soap Company has deliberately avoided external investment, wary of pressure to grow margins by switching to cheaper inputs. “It’s really important that we can demonstrate you can have a successful business and still do things correctly from the start,” Heathcote-James said.

From a mother’s garage to the supercar grid

In Shipston-on-Stour, Warwickshire, RYSE 3D has secured an international trade award after export orders rose by an extraordinary 2,300 per cent to £2.24 million over three years. The company manufactures high-performance 3D-printed parts for more than 20 of the world’s leading supercar marques.

Founder Mitchell Barnes, 29, started developing a 3D printer in his mother’s garage as an undergraduate, using his student loan to build the first prototype and selling the service to coursemates after successfully printing a model for his car-design degree. He is among the youngest ever recipients, and has now collected a second King’s Award in as many years, having won his first at 27.

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“It’s a royal honour,” Barnes said. “You don’t believe it when you first get it, but then winning two is even more insane.”

The business, which employs 25 people, exports principally to Latvia, Denmark and the United States, although the tariff regime introduced by Washington last year has eaten into US returns. Healthy margins have allowed RYSE 3D to absorb some of the impact, but Barnes said the team had had to redouble efforts elsewhere to compensate, including launching an automated online ordering tool aimed at everyday customers.

To address a chronic skills shortage, the company has taken to recruiting from outside the sector altogether, training former coffee baristas as 3D printing engineers. Barnes plans to open offices on both the east and west coasts of the United States before the end of 2026.

Refurbishing devices, repairing communities

Edinburgh Remakery, a ten-strong social enterprise honoured in the sustainability category, refurbishes and resells used technology, donating devices to people experiencing digital exclusion and routing unsalvageable components to specialist processors including the Royal Mint, which extracts gold from old motherboards.

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Chief executive Elaine Brown said the team had been overwhelmed when the news arrived: “There was much jumping up and down in the remakery that day and a few more cakes were had just to celebrate.”

Demand for the service has surged as businesses retire PCs ahead of the end of support for Windows 10, but Brown argued that many of these machines could be given a second life by being fitted with alternative operating systems. “Being a business for good has been good for business,” she said. “We’ve grown our turnover, we’ve grown our engagement, and the King’s Award is the icing on the cake.”

Winners universally described the application process as exhaustive. Serial entrepreneur Will Fletcher, 46, who oversaw the promoting opportunity category as a judge, said the assessment was deliberately rigorous.

“It’s a really, really thorough process,” he said. “You always get a few that are out-and-out winners, and then there’s a few really tough cases.”

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The category, Fletcher noted, rewards profitable companies that channel resources back into their communities, work that is “time-consuming to do properly and not directly linked to how much profit the company makes”. His own former business, Recycling Lives, won the award four times, including in 2019 for supporting ex-offenders into employment, where reoffending rates among participants ran at less than 5 per cent against a national average of around two-thirds. Fletcher now runs Car.co.uk, a Lancashire-based digital car-buying platform, which itself takes home a 2026 award for innovation.

Taken together, this year’s roll call suggests that British SMEs continue to find competitive advantage not in spite of their values, but because of them, a message the King’s Awards have championed, in one form or another, for sixty years.


Paul Jones

Harvard alumni and former New York Times journalist. Editor of Business Matters for over 15 years, the UKs largest business magazine. I am also head of Capital Business Media’s automotive division working for clients such as Red Bull Racing, Honda, Aston Martin and Infiniti.

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Thailand’s Virtual Bank Shortlist Reaches Pivotal Phase

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Thailand's Virtual Bank Shortlist Reaches Pivotal Phase

Thailand’s initiative to introduce virtual banks has entered a critical stage, with the Bank of Thailand (BOT) enforcing strict regulatory compliance for the three remaining applicants.

Candidates, which include major consortia involving entities like CP Group, Krung Thai Bank, and SCBX, are required to finalize their organizational and business structures to meet central bank standards.

Failure to adhere to these criteria or provide sufficient justification for deviations could result in the revocation of a licence, potentially leading to a market with fewer than three operators as there are no provisions to replace disqualified applicants.

Key Points

  • Finalists: The three applicants currently under review are ACM Holding (CP Group), a consortium led by Krung Thai Bank (with AIS and OR), and SCBX (partnering with KakaoBank and WeBank).
  • Compliance Requirements: Applicants must ensure that financial businesses are separated from non-financial entities to mitigate risks and prevent conflicts of interest, such as unauthorized lending or preferential pricing for affiliates.
  • Adjustments: To meet criteria, companies may need to reduce shareholdings in conflicting businesses, surrender non-core financial licences, or restructure their holdings.
  • Approval Process: The Bank of Thailand will evaluate the applicants’ explanations on a case-by-case basis and provide recommendations to the Finance Ministry, which holds the final authority for granting licences.
  • Strict Oversight: The BOT has emphasized that there is no policy to replace failed applicants with reserves from the initial round, meaning the final number of virtual banks could be fewer than three.
  • Preparation Phase: Once in-principle approval is granted, successful applicants will be given approximately one year to ensure their systems meet security and financial stability requirements before launching.

The BOT maintains a rigorous stance, indicating that if an applicant fails to meet requirements and cannot provide a valid justification, their license will be at risk. There is no plan to replace disqualified candidates, meaning the market could potentially launch with fewer than three operators.

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Rocket Lab’s Rally Changes Everything For Investors (NASDAQ:RKLB)

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Rocket Lab's Rally Changes Everything For Investors (NASDAQ:RKLB)

This article was written by

My investing journey began at 15, sparked by a deep curiosity for markets and shaped by my father’s career in finance. What started as a fascination with Warren Buffett’s annual letters quickly evolved into a full-time passion for value investing, mental models, and understanding how great businesses create long-term value. I’ve spent years independently studying financial statements, building DCF models, and analyzing companies through both fundamental and behavioral lenses. While I’m still early in my professional path, I’ve been immersed in the world of investing for nearly a decade. From dissecting shareholder letters to reverse-engineering business strategies, I’ve developed a disciplined, fundamentals-first approach grounded in long-term thinking. I focus on identifying mispriced quality companies and understanding what makes certain business models resilient across cycles. I write on Seeking Alpha to share insights, test ideas in public, and contribute to a community of investors who value clear thinking over hype. My goal is to provide thoughtful, research-backed commentary, whether on under-the-radar compounders, Growth/GARP stocks, or misunderstood tech platforms. Above all, I invest with conviction, patience, and a relentless drive to keep learning.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of RKLB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Madison Diversified Income Fund Q1 2026 Investment Strategy Letter (MBLAX)

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Invesco SteelPath MLP Alpha Fund Q4 2025 Commentary (MLPAX)

Madison Investments is 100% employee-owned and has been based in Wisconsin’s capital city since its founding in 1974. In that time, Madison has grown from a local firm into a manager entrusted with approximately $22 billion in assets across a suite of mutual funds, active ETFs, managed accounts and customized portfolios. Note: This account is not managed or monitored by Madison Investments, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Madison Investments’ official channels.

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Hain Celestial remains a work in progress

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Hain Celestial remains a work in progress

Current innovation is focused on functional attributes and nutrient density. 

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Rigel Pharmaceuticals, Inc. (RIGL) M&A Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-05-05 Earnings Summary

EPS of $0.44 misses by $0.43

 | Revenue of $58.82M (10.28% Y/Y) misses by $3.58M

Rigel Pharmaceuticals, Inc. (RIGL) M&A Call May 12, 2026 8:00 AM EDT

Company Participants

Raymond Furey – Executive VP, Chief Compliance Officer, General Counsel & Corporate Secretary
Raul Rodriguez – President, CEO & Director
Lisa Rojkjaer – Executive VP & Chief Medical Officer
Erika Hamilton
David Santos – Executive VP & Chief Commercial Officer

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Conference Call Participants

Joseph Pantginis – H.C. Wainwright & Co, LLC, Research Division
Kristen Kluska – Cantor Fitzgerald & Co., Research Division
Yigal Nochomovitz – Citigroup Inc., Research Division
Farzin Haque – Jefferies LLC, Research Division
Ashleigh Acker – Piper Sandler & Co., Research Division

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Presentation

Operator

Greetings. Welcome to Rigel Pharmaceutical VEPPANU Licensing Agreement Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce our first speaker, Ray Furey, Rigel’s Executive Vice President, General Counsel and Corporate Secretary. Thank you, Mr. Furey. You may begin.

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Raymond Furey
Executive VP, Chief Compliance Officer, General Counsel & Corporate Secretary

Welcome to our conference call to discuss Rigel’s in-licensing of VEPPANU or Vepdegestrant. The press release announcing the transaction was issued earlier this morning and can be viewed along with the slides for this presentation in the News and Events section of Investor Relations site on rigel.com.

As a reminder, during today’s call, we may make forward-looking statements regarding our plans and timing for the regulatory review of the transaction and development and commercialization of VEPPANU. In addition, as noted in the press release issued this morning and here in the presentation, this transaction is subject to customary closing conditions, including review under the Hart-Scott-Rodino Antitrust Improvements Act. The statements made today are subject to risks and uncertainties that may cause actual results to differ from those forecasted. A description of these risks are identified in the slides and in our most recent annual report on Form 10-K for the year ended December

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Monex Group, Inc. 2026 Q4 – Results – Earnings Call Presentation (OTCMKTS:MNXBF) 2026-05-12

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Tennessee Democrats stripped of House committee seats over redistricting protests

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Tennessee Democrats stripped of House committee seats over redistricting protests


Tennessee Democrats stripped of House committee seats over redistricting protests

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Cal-Maine acquires frozen food business

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Cal-Maine acquires frozen food business

Van’s Foods is a manufacturer of frozen breakfast foods. 

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Air India crisis deepens ahead of final Ahmedabad crash report

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Air India crisis deepens ahead of final Ahmedabad crash report

Air India faces a leadership vacuum and mounting financial losses as it struggles to recover from the crash.

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Vir Biotechnology, Inc. (VIR) Presents at Bank of America Global Healthcare Conference 2026 Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-05-06 Earnings Summary

EPS of -$0.85 misses by $1.33

 | Revenue of -$29.00K (-100.96% Y/Y) misses by $109.31M

Vir Biotechnology, Inc. (VIR) Bank of America Global Healthcare Conference 2026 May 12, 2026 7:20 PM EDT

Company Participants

Marianne De Backer – President, CEO & Director

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Conference Call Participants

Alec Stranahan – BofA Securities, Research Division

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Presentation

Alec Stranahan
BofA Securities, Research Division

Thanks for joining the session with Vir Biotechnology. My name is Alec Stranahan. I cover SMID-cap biotech at Bank of America, and I’m the covering analyst for Vir. And it’s my pleasure to introduce Marianne De Backer, Chief Executive Officer of Vir. Marianne, thanks for being here.

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Marianne De Backer
President, CEO & Director

Yes, my pleasure. Thank you.

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Question-and-Answer Session

Alec Stranahan
BofA Securities, Research Division

Looking forward to the discussion. I guess just jumping right into it, you’ve effectively built a 2-engine value story for Vir. You’ve got the near-term potential from HDV, which we can talk about and the longer-term oncology platform using the PRO-XTEN technology. I guess when you look at how the market is valuing the company today, where do you see the biggest opportunity for re-rating? Is it on HDV approval and launch? Is it on the VIR-5500 progress to registrational studies? Or is it maybe the broader platform as the TCE data matures?

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Marianne De Backer
President, CEO & Director

Sure. Yes. Thank you. And thank you, Alec, for hosting us and Bank of America for hosting Vir Biotechnology. So we are very fortunate that at Vir Biotechnology, we have multiple pathways to value creation, as you point out. Obviously, our most advanced program is our delta program, already in registrational trial, initial data are going to read out starting fourth quarter of this year. So obviously, that’s an important route to value creation near term.

And then as you mentioned, we have a portfolio of 3 clinical assets, 3 clinical

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