Breakout Ventures has closed a $114 million Fund III to back AI-focused early-stage startups working in scientific fields such as biology and chemistry. The firm has already written checks to three companies and plans to invest in at least 20 companies through this fund, with average check sizes ranging from $500,000 to $5 million. Lindy
IEA orders release of 400m barrels of oil, largest in its history Jillian Ambrose It’s official: the International Energy Agency has ordered the largest release of government oil reserves in its history to help calm the oil price shock triggered by the US-Israeli attacks on Iran. The world’s energy watchdog said its 32 members had
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative
Sole traders and landlords earning over £50,000 must prepare for Making Tax Digital from April 6, with new quarterly update requirements using digital software Linda Howard Money and Consumer Writer and Rory Poulter 13:56, 11 Mar 2026 HMRC is offering various forms of complimentary support to assist with preparation(Image: Vladimir Vladimirov via Getty Images) Sole
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative
A national wealth management firm has expanded with an acquisition. Fairstone has bought Prosperity Wealth. Bosses say the move for the Brierley Hill-based operator has created a West Midlands hub office that will drive expansion in a “key growth region”. They add the deal marks Fairstone’s largest acquisition to date. Founded in 2010, Prosperity Wealth
Legal & General is one of the UK’s leading providers of responsible passive funds We think this fund offers an attractive blend of responsible and passive investing across global markets It could be a good addition to a broader responsible investment portfolio This fund currently features on our Wealth Shortlist of funds chosen by our
BNY, Northern Trust and Blackstone roll out new executives to drive global wealth growth. Senior leadership changes across several major asset and wealth managers this week highlight how firms are reinforcing their executive benches as competition intensifies for advisors, institutional partners and high-net-worth clients. BNY, Northern Trust and Blackstone have each unveiled new appointments designed
Reeves: ‘Nothing off the table’ in terms of energy support for consumers and firms Richard Partington The government is also looking at support schemes for households and businesses hit by the surge in energy prices since the US and Israel began their war on Iran 1 1/2 weeks ago. Reeves said there is “scope” in
Energy firms now have a 90-day rule to follow – or they’ll need to pay customers 11:17, 11 Mar 2026Updated 15:11, 11 Mar 2026 The rules are changing for anyone with a smart meter at home(Image: Getty) The Labour Government has introduced three ‘rules’ for energy providers following a review of how smart meters are