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The Bank of England has today raised interest rates by a quarter of a point to 5.25% as it continues its battle against inflation, which remained high at 7.9% in June. The Bank’s move - the 14th successive increase in the cost of borrowing since December 2021 - lifts the base rate to a fresh 15-year high.
Aug 03, 2023
bp ventures has made a £4 million investment in Dynamon, a UK-based software company that specialises in developing advanced data analytics and simulation tools for commercial transport and logistics companies. The funding forms part of Dynamon’s Series A round, being raised to fully commercialise and scale up its platform and expand its operations in Europe and into North America.
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