/ Jun 12, 2026
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Author: Jamie Young

Jamie Young

Cannumo secures record €1m Shark Tank investment to accelerate UK expansion

Cannumo, the Lithuanian wellness start-up behind the live-bacteria drink Goodie, has secured a record-breaking €1 million investment on Shark Tank Lithuania — the largest deal ever reported on any European business reality show. The investment came from entrepreneur Tadas Burgaila, co-founder of the Kilo Group and founder of accelerator Lost Astronaut. Burgaila committed €600,000 for […]
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Jamie Young

Immigrants are powering UK’s fastest-growing start-ups, new analysis shows

Immigrant founders are the driving force behind Britain’s most dynamic young companies, according to new research showing that more than half of the UK’s fastest-growing start-ups were founded by entrepreneurs born overseas. The study by The Entrepreneurs Network analysed 100 early-stage companies that saw the sharpest rise in their valuations in the year to May, […]
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Jamie Young

Eight firms investigated over online pricing as CMA exercises new powers

Eight companies are under formal investigation by the UK’s Competition and Markets Authority (CMA) over concerns about online pricing tactics, marking the regulator’s first major enforcement action under its strengthened consumer protection powers. The firms — StubHub, Viagogo, AA Driving School, BSM Driving School, Gold’s Gym, Wayfair, Appliances Direct and Marks Electrical — are being […]
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Jamie Young

Reeves’ fruit machine tax ‘would gamble with pubs’ futures’, industry warns

Pub operators and hospitality leaders have warned that Chancellor Rachel Reeves’ expected tax raid on gaming machines could inflict serious damage on an industry already battling soaring costs, staff shortages and fragile consumer confidence. With speculation mounting that the Chancellor will sharply increase Machine Gaming Duty (MGD) in the November 26 Budget, trade bodies say […]
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