Day: 1 November 2024

LSB to Develop a First-of-its-Kind Code to Break Down Barriers to Finance for Ethnic Minority-Led Businesses

Stuart Mitchell

The Lending Standards Board (LSB) is developing a first-of-its-kind inclusive Code to drive essential improvements in access to finance for Ethnic Minority-Led Businesses (EMBs). The Code’s development follows the publication of the LSB’s 2023 report on the barriers to finance faced by EMBs, which also underscored the crucial role that financial institutions can play in unlocking these businesses’ untapped potential. As highlighted by the LSB’s 2023 report, ethnic minority entrepreneurs, including those from Black, Asian, and other minority groups, contribute an estimated £25 billion to the UK economy annually. Despite…

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Rituals unlock access to consumers’ deep emotional behaviours to support meaningful brand-building

Stuart Mitchell

WARC Advisory and creative, technology and media group, MSQ have released a whitepaper today, Harnessing the power of rituals: Where marketing meets meaning. This breakthrough research examines the role of rituals in consumers’ lives, how people participate in them and why, and explores the potential opportunities that brands can unlock: 72% of consumers surveyed incorporate brands into their rituals at least some of the time, 70% are very, or somewhat, open to adopting new rituals, and 39% feel more positively toward brands that become a part of rituals, the report…

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British Patient Capital makes €25m commitment to Blume Equity Fund to support companies tackling climate change

Stuart Mitchell

Growth climate-tech investor Blume Equity LLP (“Blume Equity”) announces additional Limited Partners, including British Patient Capital, the UK’s largest domestic investor in UK venture and venture growth capital, which has made a €25m commitment to Blume Equity’s Fund I. Blume Equity has also partnered with Queensland Investment Corporation (QIC), an Australian asset manager with a dedicated climate focused strategy. These partnerships are an important step in supporting and accelerating the transition to a zero-carbon economy.  Blume Equity is led by Clare Murray, Michelle Capiod, and Eleanor Blagbrough. A growth stage…

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Superdrug teams up with Pennies to raise funds for Marie Curie

Stuart Mitchell

Market leading Health and Beauty Retailer, Superdrug has partnered with fintech charity, Pennies, to offer customers a chance to give to charity when paying by card for their beauty essentials. Superdrug customers shopping in store can now top-up on their purchases to support Marie Curie, the UK’s leading end of life charity. The charity provides expert hospice care at home, in their hospices and over the phone – ensuring people get the care and support they urgently need at the end of their lives. Just 2 minutes of micro-donations from…

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Clear Channel’s Adshel Live network hits 3,500 screens

Stuart Mitchell

Clear Channel UK, has announced the expansion of its Adshel Live network to 3,500 screens, further solidifying its position as the UK’s largest digital Out of Home (DOOH) network. Since its launch in 2015, the Adshel Live network has helped propel DOOH growth in the UK, offering unparalleled reach, impacts, and proximity to key retail locations across the UK—all while driving sustainability and social contribution.  As a percentage of the overall Out of Home (OOH) revenue, DOOH revenue has more than doubled from 32% in 2015 to 65% in 2023…

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