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Aussie shares pare early gains to fade from record

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Aussie shares pare early gains to fade from record

Australia’s share market has retreated after brushing up against record highs as heavyweight earnings results weighed against shocking misses for smaller companies.

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First look inside Crown's new foodie precinct

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First look inside Crown's new foodie precinct

Business News takes a look inside Crown Perth’s new urban food precinct ahead of its grand opening this weekend.

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How Smart Airport Taxi Solutions Improve Business Travel Efficiency for UK SMEs

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Booking an airport transfer taxi might seem like a straightforward process, but there are a few key factors to consider to ensure a smooth and stress-free journey.

In today’s competitive environment, time efficiency and reliability are critical for UK businesses—particularly when it comes to corporate travel.

With international trade, investor meetings, and client-facing roles requiring frequent flights, airport transfers have become an operational detail that can directly influence productivity and professionalism.

For business travellers across the UK, the journey to and from the airport is no longer just a routine transfer. It is part of the wider business experience. Increasingly, SMEs are recognising that choosing the right Airport Taxi solution can reduce stress, improve punctuality, and support smarter travel management.

The Hidden Cost of Poor Airport Transport Planning

Missed pickups, last-minute cancellations, surge pricing, and unreliable availability can all disrupt carefully planned business schedules. Searching for a Taxi Near Me just hours before departure may work occasionally, but for executives heading to important meetings, uncertainty is not an option.

Public transport delays, airport parking fees, fuel costs, and lost preparation time all add up. For SMEs managing tight budgets, these inefficiencies are more than inconvenient—they affect both financial performance and professional reputation.

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Pre-booked airport taxi services provide structure and predictability. With fixed pricing models, scheduled pickups, and professional drivers, businesses gain greater control over both time and cost.

Why Reliability Matters for Business Travellers

Corporate travel rarely happens during convenient hours. Early departures from Heathrow, late-night returns into Manchester, or tight connections through Birmingham require dependable planning.

Dedicated airport taxi providers monitor flights, adjust for delays, and operate on confirmed bookings rather than availability algorithms. This reliability allows professionals to focus on preparing for meetings rather than worrying about transport logistics.

For client-facing businesses, dependable airport transfers also reflect organisational competence. Arranging a professional airport taxi for visiting partners or investors reinforces credibility from the moment they arrive.

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Cost Transparency and Administrative Simplicity

Expense reporting and cost visibility are ongoing priorities for finance teams. Unlike on-demand ride services that fluctuate in price, structured airport taxi platforms provide clearer pricing frameworks and digital documentation.

Many UK businesses are now using trusted airport taxi partners like Cabhit to centralise bookings and simplify travel management. Platforms such as Cabhit allow companies to compare options, pre-book journeys, and ensure consistent service standards across major UK airports.

This approach not only reduces administrative friction but also creates predictable travel expenses—an important factor for growing SMEs.

Supporting Productivity and Employee Wellbeing

Business travel can be physically demanding. Long security queues, flight delays, and tight itineraries leave little room for added stress. Reliable airport taxi services provide door-to-door transport, enabling professionals to work during the journey or simply recharge before important meetings.

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Reducing uncertainty around airport transfers supports employee wellbeing, particularly for senior staff or frequent travellers. Over time, these small operational improvements contribute to higher overall productivity.

Sustainability and Smarter Corporate Travel

As sustainability becomes a strategic priority for UK businesses, transport decisions are also under scrutiny. Many airport taxi providers are incorporating fuel-efficient and low-emission vehicles into their fleets.

By planning journeys more efficiently and reducing unnecessary mileage, structured airport transfers can contribute to broader corporate responsibility goals without compromising convenience.

A Strategic Detail That Delivers Tangible Benefits

Airport transfers may appear to be a minor operational consideration, but for SMEs focused on growth, reputation, and efficiency, they play a meaningful role. Reliability, cost control, and professionalism are not luxuries—they are competitive advantages.

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For UK SMEs and regular corporate travellers alike, choosing the right airport taxi partner can improve punctuality, reduce travel stress, and make every business journey more productive.

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What to Expect From LED Light Therapy Treatment Sessions

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What to Expect From LED Light Therapy Treatment Sessions

For many people thinking about trying LED light therapy, the biggest question is simple: what actually happens during a session?

Knowing what to expect ahead of time can make the experience feel much more comfortable, reduce any uncertainty, and help you set realistic expectations for your results.

Starting With a Consultation

Most LED light therapy treatments begin with a brief consultation. During this first step, the practitioner will talk with you about your goals and what you hope to improve. They may ask about your medical history, current medications, and any existing skincare concerns. This conversation helps ensure the treatment is appropriate for you and allows the provider to recommend the best approach based on your needs.

Preparing for the Session

Once your consultation is complete, the treatment itself is very simple. The practitioner will guide you to a comfortable treatment area where you can lie back and relax. The LED device is then positioned over the area being treated. This might include the face, neck, chest, or another targeted area depending on your concerns and goals.

In most cases, no complicated preparation is required. The focus is on comfort, relaxation, and making sure the device is properly aligned so the light reaches the treatment area evenly.

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During the Treatment

Once the LED device is in place, the session begins. Most clients spend around 20 to 30 minutes resting while the light is delivered. Many people describe the experience as calm and soothing. There is no pressure, pulling, or discomfort involved, which is why LED light therapy is often viewed as a gentle option compared to more intensive treatments.

Clients typically spend the session simply relaxing. Some people listen to music, meditate, or just enjoy a quiet moment while the treatment runs.

Recommended Treatment Schedule

For the best results, LED light therapy is usually done as a series rather than a one-time appointment. Most people begin with weekly sessions for a period of time. After that, clients often move into a maintenance schedule with sessions every few weeks to help support ongoing results.

This gradual schedule is common because LED therapy works over time. Consistency plays an important role in helping clients get the most benefit from their sessions.

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After the Session

One of the biggest advantages of LED light therapy is how easy it is to fit into a normal routine. There is typically no downtime, and most clients can return to their daily activities immediately after the session. Unlike more aggressive skincare procedures, LED light therapy does not usually require recovery time or special aftercare.

Because the treatment is gentle and non-invasive, many people choose it specifically for its convenience and comfort.

Conclusion

LED light therapy treatment sessions are straightforward, relaxing, and easy to schedule into everyday life. With a simple consultation, a comfortable 20 to 30 minute session, and a consistent treatment plan, clients can feel confident knowing the process is designed to be convenient and stress-free.

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Almost 800 Lufthansa flights cancelled as pilots, cabin crew walk out

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Almost 800 Lufthansa flights cancelled as pilots, cabin crew walk out


Almost 800 Lufthansa flights cancelled as pilots, cabin crew walk out

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BMW’s Swindon MINI factory strikes partnership with US logistics giant GXO

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The plant produces key body components and sub-assemblies such as doors and bonnets

GXO is the new logistics manager at Swindon BMW

GXO is the new logistics manager at Swindon BMW(Image: Saul McSween)

Swindon’s MINI factory has announced a new partnership with global logistics giant GXO. BMW Group has appointed the US-headquartered company to manage operations at the site on Bridge End Road. The Wiltshire plant produces parts and panels for cars that are then assembled at its group facility in Oxford and at other international facilities within its network.

Under the new partnership, GXO will lead the warehouse operations of car parts in Swindon, making use of BMW Group’s supply chain.

“We’re excited to begin this new chapter with BMW Group at their facility in Swindon,” said Martin Cooper, managing director for technology and consumer goods at GXO UK&I. “We’ve seen great success applying smart logistics solutions across a range of industries, and we look forward to driving efficiencies, strengthening resilience and building a future-proof platform for growth for BMW Group.”

It is understood GXO will look to roll out “smarter processes” as well as upgrade technology and optimise the plant layout in a bid to boost efficiency. The idea, the company said, is to help the Swindon site to meet evolving production needs of the Oxfordshire factory.

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The Swindon site, which employs 500 staff and spans 425,000 sq m, has been a cornerstone of UK automotive manufacturing since 1955.

It plays a vital role in the global production network for cars, manufacturing key body components and sub-assemblies such as doors, bonnets, tailgates and fenders for MINI vehicles, including the MINI Cooper 3 and 5 door hatch and the MINI convertible.

In 2024, GXO completed a £762m takeover of nearby Chippenham-based logistics group Wincanton. Last year, the Competition and Markets Authority (CMA) announced an investigation into the acquisition. According, to the UK government website, that investigation is still ongoing.

Malcolm Wilson, chief executive officer of GXO, previously said: “The combination of GXO and Wincanton will enhance GXO’s offering for customers across the UK and Ireland and bring presence in strategic verticals that will serve as a springboard for growth.”

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ICON stock plummets after accounting investigation delays earnings

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ICON stock plummets after accounting investigation delays earnings

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Howmet earnings beat by $0.09, revenue topped estimates

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Howmet earnings beat by $0.09, revenue topped estimates

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Tangible raises $4.3m seed round to unlock scalable debt finance for hardtech firms

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growth of AI

Tangible, a fintech platform focused on helping hardtech companies access and manage structured debt financing, has raised a $4.3 million seed round as it looks to modernise how capital-intensive businesses fund growth.

The round was led by Pale Blue Dot, with participation from MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital and Aperture. The funding will be used to scale Tangible’s team and deepen automation across its platform.

Hardtech companies, spanning sectors such as energy, transport, advanced manufacturing and compute infrastructure, are increasingly seen as central to tackling some of the biggest macroeconomic challenges of the coming decades. BlackRock estimates that $68 trillion of new infrastructure investment will be required by 2040 to meet global demand.

Yet despite renewed interest in physical innovation, financing remains a major bottleneck. Traditional venture capital models often struggle to support asset-heavy businesses, which typically require large amounts of upfront capital. As a result, many early-stage hardtech companies rely on expensive equity funding to finance capital expenditure, increasing dilution and, in some cases, threatening long-term viability.

At the same time, private credit, now a $3.5 trillion market, is increasingly well positioned to meet this demand. However, deploying debt capital efficiently into hardtech remains complex and resource-intensive, particularly for lenders reliant on bespoke documentation and manual processes.

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Tangible was founded to address this gap. Its AI-powered platform standardises the data, documentation and ongoing reporting required by lenders, reducing underwriting time and costs while enabling founders to run structured debt facilities without building in-house finance teams.

Hampus Jakobson, general partner at Pale Blue Dot, said: “Most of the innovations shaping the future, from vehicles and data centres to robotics, are fundamentally physical, and they shouldn’t be financed by venture equity alone. Tangible opens up new financing options for hardtech businesses, and we strongly believe in the team’s vision to bridge this structural gap.”

William Godfrey, co-founder and chief executive of Tangible, said demand for physical assets was accelerating as governments and businesses push reindustrialisation, energy security and technological sovereignty. “As hardtech companies scale at speed, investors need modern infrastructure to deploy capital just as fast,” he said.

“Legacy processes based on bespoke documentation and manual coordination no longer cut it. Tangible provides the financial infrastructure that makes hardtech easier to diligence for institutional credit, allowing companies to raise asset-backed financing faster and with less friction.”

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The company said the new funding would support the build-out of automation across collaboration, diligence and reporting workflows, helping to reduce transaction costs and shorten time-to-close for both founders and lenders.

For hardtech firms facing mounting capital pressures, Tangible is positioning debt as a viable alternative to either heavy dilution, or failure.


Jamie Young

Jamie Young

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting.
Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops.

When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.

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Barbeques Galore Enters Voluntary Administration

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Barbeques Galore
Barbeques Galore
Barbeques Galore / Facebook

Barbeques Galore has entered voluntary administration.

This new development comes after the company failed to find a new buyer.

Details of Barbeques Galore’s Voluntary Administration

According to a report by ABC News, Grant Thornton has been brought in as voluntary administration, while receivers from Ankura have already been appointed.

Liquidity issues have also been cited as a reason for the company’s collapse.

CEO David White said that “Management was excited to turn around the business and move to the next evolution of the brand.”

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“Considerable progress has been made in recent months, leading to significant improvements across the business and operations; however, ongoing liquidity challenges have led to the necessary restructuring of the business,” he explained.

Per a report by news.com.au, both the administrator and receivers believe that the company needs to be sold.

What Does This Mean for Employees, Franchises, and Customers?

As of writing, Barbeques Galore has 68 company-owned stores and 27 franchise stores across the country.

Franchises are not expected to be affected by the appointments and restructuring. However, the future of 500 jobs remains unclear.

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It has been assured, however, that in-store and online orders that have already been paid for or partially paid for will be honoured.

For those who have purchased gift cards and still have not used them, these can only be used if the buyer spends twice the amount of the card’s value in cash.

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Analysts divided over BHEL’s OFS for retail investors

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Analysts divided over BHEL's OFS for retail investors
Mumbai: Analysts are mixed about recommending retail investors to participate in BHEL‘s ₹4,422 crore offer for sale (OFS), with views split between caution over valuation and orderbook optimism. Brokerages broadly agree that investors with a medium to long term horizon may find merit in bidding in the share sale. Short term investors, however, are unlikely to see any immediate upside, with the OFS itself not expected to serve as a near term rerating catalyst.

The retail tranche of the two day share sale will open for bids on Thursday after the non retail portion was subscribed 2.3 times on Wednesday, the first day of the issue. Bids were placed for more than 22 crore shares against the 9.4 crore on the block, prompting the government to activate the green shoe option.

The stock fell 5.6% to ₹260 on Wednesday after the floor price was set at ₹254 per share compared with its Tuesday closing price of ₹276, implying an approximate 8% discount.

JM Financial said the floor price in the OFS valued the stock attractively, and maintained a buy rating with a target price of ₹355 per share, valuing the company at 30 times FY28 estimated earnings.

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The government is offloading up to 5% of its stake in BHEL via the two day OFS. Post the stake sale, the government will hold 58.17% in the company.


“The OFS appears more of a divestment exercise than a fundamental rerating trigger,” said Divyam Mour, research analyst at Samco Securities. “While the offer appears optically attractive, valuation and execution realities warrant careful consideration. We recommend only staggered participation for long term investors.”
BHEL’s order book has swelled from ₹89,813 crore in FY21 to ₹2,19,600 crore in H1FY26, lifting its book to bill ratio to 7.2 times amid a revival in thermal and infrastructure capex, he said. “At a trailing P/E (Price to Earnings) ratio of 108 times, the stock is pricing in meaningful operating leverage, sustained order inflows, and structural improvement in profitability,” said Mour. BHEL shares have risen over 30% in the past year, as against the 17% advance in the BSE Capital Goods Index.

Vinod Nair, head of research at Geojit Investments, said the OFS is attractive for retail investors on a long term basis. “The stock is currently trading at a 1-year forward P/S (Price to Sales) of 2.2 times, near its three-year average. valuations remain compelling. We maintain a positive long-term stance on the stock,” he said.

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