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News

Business Matters
bmmagazine.co.uk > news > wise-us-banking-licence-rejected-occ

US regulator rejects Wise application for banking licence

18+ hour, 48+ min ago   (615+ words) The US Office of the Comptroller of the Currency (OCC) rejected the application because of historical issues with the original filing, including in relation to the prevention of financial crime, Wise said. The London-headquartered company said it had applied for…...

Business Matters
bmmagazine.co.uk > business > top-10-istanbul-medical-tourism-clinics-offering-world-class-care-in-2026

Top 10 Istanbul Medical Tourism Clinics Offering World-Class Care in 2026

23+ hour, 15+ min ago   (612+ words) Patients are flying in for hair restoration, cardiology, oncology, fertility treatment, orthopedics, and full diagnostic workups, often finding shorter wait times and more attentive care than they’d get at home. The challenge is sorting through the noise. Here are 10 names…...

Business Matters
bmmagazine.co.uk > in-business > mortgage-rates-one-month-high-oil-100

Oil at $100 drives mortgage rates back to a month-old high

1+ day, 17+ hour ago   (396+ words) Lenders’ funding costs have increased as markets conclude that a prolonged conflict reduces the likelihood of interest rate cuts by central banks. The five biggest High Street banks are among a host of lenders that have raised rates on new…...

Business Matters
bmmagazine.co.uk > news > starmer-reeves-economy-no-better-off

City bank: Starmer and Reeves left Britain 'no better off"

1+ day, 17+ hour ago   (515+ words) In a research note published on Friday, Panmure Liberum said the former Prime Minister and Chancellor’s missteps on energy and housing meant it was “difficult to conclude” that the economy had improved in the two years since the general election....

Business Matters
bmmagazine.co.uk > news > no10-north-manchester-smes-devolution

Burnham opens No10 North, but the SME payoff waits until 2032

1+ day, 18+ hour ago   (511+ words) For the small and medium-sized firms that make up the bulk of the northern economy, the sharper question is what a prime minister based part of the week outside London actually changes, and when. In the meantime, Mr Burnham is…...

Business Matters
bmmagazine.co.uk > in-business > skims-regent-street-first-uk-store

Kardashian's Skims fills empty Ted Baker flagship on Regent Street

1+ day, 17+ hour ago   (545+ words) Kim Kardashian’s shapewear and swimwear label Skims has opened its first standalone UK store on Regent Street, taking the 12,000 sq ft former Ted Baker flagship at 245-247 on a ten-year lease with landlord The Crown Estate. The brand, valued at $4billion (£3billion) after…...

Business Matters
bmmagazine.co.uk > in-business > record-entries-and-200-shortlisted-britains-small-businesses-defy-the-gloom-at-the-uks-flagship-business-awards

Record entries and 200 shortlisted: Britain's small businesses defy the gloom at the UK's flagship business awards

1+ day, 18+ hour ago   (153+ words) At a time when small business confidence is under well-documented pressure, the Lloyds British Business Excellence Awards has announced its 2026 finalists: almost 200 businesses and business leaders shortlisted from a record field of entries overwhelming majority of them small and medium-sized…...

Business Matters
bmmagazine.co.uk > get-funded > tidalsense-14m-five-minute-lung-test

Hardware is back: £14m backs a five-minute NHS lung test

1+ day, 21+ hour ago   (375+ words) The device tests for chronic obstructive pulmonary disease (COPD), which the NHS ranks as the third most common cause of death in England, killing 30,000 people a year and costing the health service £1.9 billion. Patients breathe normally into the handheld unit…...

Business Matters
bmmagazine.co.uk > news > healey-backs-british-business-cost-squeeze

Cost of business worries me as much as cost of living, says Healey

2+ day, 2+ hour ago   (441+ words) It is a deliberate reframing. For two years, ministers have built their message around household budgets. Healey wants entrepreneurs to know the squeeze on their firms counts too. “To British businesses, to British innovators, to British investors: I will back…...

Business Matters
bmmagazine.co.uk > business > stop-trying-to-invent-the-next-big-thing-just-fix-a-process-that-sucks

Stop Trying to Invent the Next Big Thing, just Fix a Process That Sucks

2+ day, 1+ hour ago   (662+ words) Think about it. We didn’t need a new way to hail a car. We just hated standing in the rain, guessing when a taxi would show up. We didn’t need a new way to buy groceries. We just got tired…...