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Business leaders urge Reeves to resign ‘like Hugh Dalton’ after Budget leaks: ‘More leaks than the Titanic’
Business

Business leaders urge Reeves to resign ‘like Hugh Dalton’ after Budget leaks: ‘More leaks than the Titanic’

by November 26, 2025

Chancellor Rachel Reeves is facing mounting calls to resign from frustrated business owners after a series of leaks ahead of this week’s Budget – drawing comparisons with Labour Chancellor Hugh Dalton, who quit in 1947 after briefing a journalist moments before delivering his statement.

The criticism intensified after the Office for Budget Responsibility accidentally published its full economic forecast online hours before Reeves’ speech. The OBR has apologised, but the premature release revealed that GDP growth is expected to reach 1.5%, lower than previously projected, and confirmed plans to freeze income tax thresholds until 2030/31, introduce a new annual tax on properties over £2m from 2028, and raise £26bn in taxes by 2029–30.

Business figures say the string of leaks , deliberate or otherwise , has shattered market confidence.

Riz Malik, director of R3 Wealth in Southend-on-Sea, described the situation as farcical.
“This Budget has had more leaks than the Titanic,” he said. “We elect officials to lead, not test every idea on the public like a focus group. At this rate we’ll be voting on economic policy during Strictly.”

Sam Alsop-Hall, chief strategy officer at Clive Henry Group, said the leaks were destabilising markets.
“Only in Britain can a whisper from Rachel Reeves move gilts harder than a Trump press conference moves crypto,” he said. “It’s less ‘Budget strategy’ and more ‘live-action stress test’. Someone take the red box off her before the pound needs counselling.”

Colette Mason, author and AI consultant at Clever Clogs AI, said the repeated mishaps point to deeper institutional failings.

“These aren’t accidental slips. They’re incompetence or manipulation — neither builds the credibility a Chancellor needs when markets are already jittery,” she said. “The 1947 standard was about protecting trust in the process. We need that standard back.”

Some business owners said Reeves should resign — but warned doing so could spark an even deeper economic crisis.

Tony Redondo, founder of Cosmos Currency Exchange, said confidence in Reeves had evaporated, but argued replacing her could trigger further turmoil.
“She is the worst Chancellor in 50 years,” he said. “But if she resigns, the bond vigilantes will smell blood, and the UK could face a shock worse than the Truss 2022 meltdown.”

Others argued the government is repeating last year’s mistakes.
Rob Mansfield, of Rootes Wealth Management, said: “If the government want growth, they need to present confidence and competency. Neither are evident.”

Michelle Lawson, director at Lawson Financial, called the leaks “poor politics”.
“Speculation causes uncertainty. Some of this feels like staged drama so they can later tell us how good they’ve been by not enacting some leaks.”

Daniel Wiltshire, actuary and IFA at Wiltshire Wealth, said the debacle is damaging already-fragile business sentiment.
“What on earth are they playing at? Business confidence is shot as it is. This is starting to make the 2012 omnishambles look like a masterclass in statecraft.”

Read more:
Business leaders urge Reeves to resign ‘like Hugh Dalton’ after Budget leaks: ‘More leaks than the Titanic’

November 26, 2025
EV drivers to face new pay-per-mile tax from 2028, Reeves confirms in Budget
Business

EV drivers to face new pay-per-mile tax from 2028, Reeves confirms in Budget

by November 26, 2025

Electric vehicle owners will be required to pay a new 3p-per-mile tax from 2028, Chancellor Rachel Reeves confirmed today in the Autumn Budget — marking the UK’s first dedicated mileage charge for zero-emission cars.

The measure is designed to offset the sharp decline in fuel duty revenue, which has fallen year-on-year as more motorists switch from petrol and diesel to electric alternatives. The Treasury argues that long-term changes are needed to protect public finances as the transport sector transitions to clean energy.

Shane Pither, EV expert at Select Car Leasing, said the announcement represents a significant shift in government policy — and will force many drivers to reassess their running costs.

“Today’s announcement signals a notable shift in the sustainable transport market as the government begins moving revenue focus away from petrol and diesel vehicles,” he said. “Confirmation from the Chancellor will understandably prompt concerns among current EV drivers and those considering making the switch.”

Pither added that, while the move has long been expected, the new charge could feel steep for motorists who had not budgeted for an additional per-mile cost. High-mileage drivers, in particular, may need to rethink financial assumptions about total cost of ownership.

He warned that the tax presents another hurdle for EV manufacturers already struggling to persuade hesitant consumers to adopt electric vehicles, especially amid concerns about upfront costs, charging access and declining resale values.

However, Pither emphasised that the fundamentals remain strong.

“Even with this future tax in place, EVs will remain cost-effective and sustainable transport choices,” he said. “Drivers still benefit from low servicing costs and increasingly competitive electricity tariffs. The long-term financial and environmental advantages of going electric have not changed.”

He added that as EV adoption accelerates, policy frameworks are likely to evolve: “Manufacturers will need to be clever with their messaging, clearly communicating the wider value of EVs. This announcement should not discourage potential buyers.”

The new tax is expected to raise billions in lost revenue over the coming decade and forms part of a broader restructuring of UK road taxation as the automotive sector transitions away from fossil fuels.

Read more:
EV drivers to face new pay-per-mile tax from 2028, Reeves confirms in Budget

November 26, 2025
Reeves condemns early release of OBR report as ‘deeply disappointing’ as experts call for investigation
Business

Reeves condemns early release of OBR report as ‘deeply disappointing’ as experts call for investigation

by November 26, 2025

Chancellor Rachel Reeves has described the accidental early publication of the Office for Budget Responsibility’s report as “deeply disappointing”, after the market-sensitive document appeared online ahead of her Budget statement.

Opening her remarks in the Commons, Reeves said the OBR had already taken “full responsibility” for the error. She stressed the government’s progress over the past 16 months in “rebuilding the economy”, citing new trade agreements and reforms to fiscal rules.

The OBR, while independent, works closely with the Treasury to produce forecasts used to assess whether the government is on track to meet its self-imposed economic rules. The early release prompted immediate concern among business leaders and cybersecurity experts.

Kenny MacAulay, CEO of accounting software platform Acting Office, said the incident represented a “staggering” breakdown in protocol.

“It’s truly astonishing that such a market-sensitive document could find its way online via official channels in advance of the Chancellor’s speech,” he said. “Basic compliance requirements should be in place to prevent this from happening. A complete review is required to understand how and why such a major breach occurred.”

Graeme Stewart, head of public sector at cybersecurity firm Check Point, warned that the mistake had exposed government vulnerabilities.

“Accidentally publishing a market-sensitive report online before the Chancellor has even delivered her statement is a major security breach that warrants a full investigation,” he said. “Sloppy document management presents clear risks — leaks like this could be exploited by hackers or fraudsters to play the markets. There are no excuses, and the government needs to rethink its entire publication strategy.”

The Treasury has yet to comment on whether a formal review will be launched, but senior officials are expected to face questions about how the error was allowed to happen.

Read more:
Reeves condemns early release of OBR report as ‘deeply disappointing’ as experts call for investigation

November 26, 2025
How to Check Your Website Traffic Without Google Analytics
Business

How to Check Your Website Traffic Without Google Analytics

by November 26, 2025

Monitoring website traffic is crucial to knowing the interaction of your audience with the content, spotting the areas where you can grow, and making the necessary improvements.

Google Analytics has been the main tool of choice for website analysis and monitoring for many years, but it is not the only available option. Let’s learn what other ways you can use to track your data.

Why Look Beyond Google Analytics?

Google Analytics provides comprehensive insights, but at the same time can be very intricate and overloaded with data for smaller websites. A few individuals consider the interface as a hard-to-navigate one or feel anxious about the ways that Google collects and deals with visitor data. Besides, the recent switch to GA4 has made quite a few people want to look at more transparent, privacy-oriented, and easy-to-use options for a web traffic analysis tool instead of going through the Google Analytics route.

What are Web Analytics Tools?

Tools to check a site traffic are software that helps website owners monitor, measure, and interpret the visitors to their site. A tool for checking website traffic is a kind of software that allows the people who own a website to keep an eye on, measure, and interpret the visitors of their site. It monitors various metrics like visitor numbers, page views, time spent on the site, sources of referral, and the actions of the users.

By interpreting this information, companies and individuals can traffic check website and find out which pages attract good traffic, the source of the traffic, and the way users are engaging with the content.

Use Your Web Hosting Dashboard

Most hosting providers to check a site traffic, including Bluehost, SiteGround, and Hostinger, include built-in analytics features. These dashboards often display:

The number of daily or monthly visitors
Bandwidth and page views
Referring to sites and countries of origin

Use Social Media and Referral Data

If your audience comes largely from social media your traffic insights might already be available within those platforms without the need of a Google stats for websites tool.

Facebook Page Insights shows link clicks and post reach.
Instagram and TikTok Analytics display impressions, website taps, and audience demographics.
Twitter/X highlights post engagement and referral traffic.

Check Traffic Through SEO Platforms

SEO tools such as: Ahrefs, SEMrush, and SimilarWeb offer ways to check a site traffic. They do so by taking advantage of keyword rankings and public data. While not as precise as direct analytics they help compare performance against competitors and identify potential growth opportunities.

To Wrap It Up

You don’t need Google stats for websites to understand your website’s performance. From privacy-friendly analytics platforms to heatmaps and server log analysers…There are numerous ways to monitor visitor activity effectively.

Some webmasters opt for the alternatives because of privacy issues, complexity or user-friendliness. Luckily, there are numerous trustworthy techniques and tools that can be used to monitor and evaluate the traffic on the website without relying on Google Analytics.

The best option depends on your goals, whether it’s quick traffic summaries, deep SEO insights, or full control over data privacy. The traffic check website doesn’t have to be complicated.

Read more:
How to Check Your Website Traffic Without Google Analytics

November 26, 2025
Is the government intent on killing London’s hospitality sector with a double-whammy tourist tax?
Business

Is the government intent on killing London’s hospitality sector with a double-whammy tourist tax?

by November 25, 2025

There was a time – not so long ago, though it already feels sepia-tinted – when London was the sort of place that tourists arrived in with stars in their eyes and left with shopping bags cutting off circulation at the fingers.

Harrods bags, Selfridges bags, Mulberry bags, the bright yellow of Fortnum’s peeking out of a suitcase being sat on in a hotel lobby. Europe’s favourite grown-up playground; Manhattan’s chic transatlantic sibling; Tokyo’s idea of European swagger with better tailoring and more chaotic restaurants.

And somehow, somewhere between the end of the pandemic and the beginning of whatever this new national habit of self-sabotage is, we decided that this was all terribly inconvenient.

Because now, instead of rolling out the red carpet to high-spending visitors who fund vast swathes of our hospitality and retail industries, we appear determined to trip them up with a series of policy banana skins. A kind of bureaucratic Mario Kart, except instead of cartoon plumbers skidding off Rainbow Road, it’s Andrea Baldo at Mulberry watching millions evaporate from his London tills.

First came the abolition of tax-free shopping, what the press politely calls the “tourist tax”, but business leaders now refer to in much the same tone one reserves for a wasp nest in the loft. It was, in the gentle phrasing of one retail boss, a “massive global disadvantage”. He’s not wrong. France woos Chinese visitors with instant VAT refunds at Charles de Gaulle, Italy practically hands tourists a Prosecco as they process theirs. Meanwhile, we greet them with the fiscal equivalent of a traffic warden in a foul mood.

Retail chiefs have been patient – or at least, as patient as you can be when pointing out, month after month, that the maths simply does not work. Tourists want the thrill of a VAT-free splurge. If we don’t offer it, they simply go elsewhere. Hence the growing chorus from the likes of Mulberry’s Baldo, who has watched London sales tank while Paris boutiques hum along nicely. It doesn’t take a PwC report to see what’s happening: shoppers follow value, and value has emigrated.

You might think the lesson here is obvious. If you want tourists, the big-spending sort who treat a long weekend as an Olympic sport, then don’t whack them with a levy the moment they land. You’d imagine, perhaps naively, that the next step would be to reverse the damage, or at least stop adding new obstacles.

But no. This is London. And in London, when there’s an opportunity to make a bad idea worse, we seize it with both hands and a press release.

Step forward Sadiq Khan, announcing with great flourish the potential introduction of a second tourist tax – a nightly levy on hotel stays that would, we are told, “supercharge London’s economy”. Which is an interesting definition of “supercharge”, unless we’ve started using the word to mean “ask people for more money so they spend less of it elsewhere”.

This proposed hotel levy, trumpeted as bringing the capital in line with other global cities, is the second punch in a one-two assault that the hospitality sector absolutely did not ask for. Because let’s be clear: London is not Barcelona, drowning in stag dos stripping in fountains. Nor is it Amsterdam, declaring war on the Hen Party Industrial Complex. London’s issue is not too many tourists — it’s that we are making ourselves unattractive to the ones we need.

Which is why the hospitality sector is looking a bit like a boxer in the 11th round, wobbling slightly, blood in the eye, muttering “Really? Another one?”

Hotels have only just crawled out of the Covid crater. Staffing costs up. Energy bills up. Supply chain madness. Then a visitor economy still recovering from the years when the only people checking into hotels were essential workers and couples pretending they were “working from home”. Revenues are fragile. Margins are thin. And now a city-hall-branded surcharge?

The timing is astonishing. Just as business travellers, the holy grail of midweek occupancy, begin to return… just as American tourists rediscover the joys of London theatre and pubs with carpets… just as Asia resumes sending coachloads of shoppers armed with Amex and enthusiasm… we decide to hand them a bill for having turned up at all.

What message does this send? The same as the VAT-refund fiasco: London is becoming the most expensive city in Europe to visit, and the least rewarding.

It is fundamentally a failure of imagination. Instead of asking “How do we compete?”, policymakers seem content to ask, “How much can we get away with before someone books Berlin instead?”

The answer, increasingly, is: not much.

Because tourists talk. They compare. They calculate. And when your long-haul holiday already costs thousands, and the pound is weak, and hotels are pricier than ever, that extra nightly charge isn’t symbolic – it’s irritating. Add in the lack of VAT refunds and suddenly a weekend that once felt like a treat becomes an exercise in fiscal masochism.

All this might be palatable if the revenue raised were earmarked for something dazzling — a transport revolution, a cultural renaissance, a hospitality uplift so extraordinary that visitors would queue to pay. But the rhetoric is vague, the benefits theoretical, and the impact on the ground immediate.

The truth is brutally simple: London thrives when it is welcoming, frictionless, rewarding and – crucially – competitive. What we have instead is a creeping perception that our leaders view tourists not as valued guests, but as walking wallets from which to extract just a bit more because, well, they can.

The hospitality and retail sectors don’t need another tax. They need policymakers who understand that the visitor economy is not a tap that can be turned on and off at whim. It is delicate, reactive, easily diverted.

Right now, we are steering it away.

London doesn’t need a second tourist tax. It needs a second thought.

Read more:
Is the government intent on killing London’s hospitality sector with a double-whammy tourist tax?

November 25, 2025
Sir Richard Branson announces death of his wife Joan after 50 years of marriage
Business

Sir Richard Branson announces death of his wife Joan after 50 years of marriage

by November 25, 2025

Sir Richard Branson has announced the death of his wife, Joan Branson, sharing a heartfelt tribute on Instagram confirming she has passed away after their 50 years together.

The Virgin founder described Joan as his “best friend” and “guiding light”, paying tribute to her role at the centre of the Branson family.

“Heartbroken to share that Joan, my wife and partner for 50 years, has passed away,” he wrote. “She was the most wonderful mum and grandmum our kids and grandkids could have ever wished for. She was my best friend, my rock, my guiding light, my world. Love you forever, Joan x.”

Joan Branson, née Templeman, married Sir Richard in 1989 after meeting in the 1970s, and the couple went on to build a family life intertwined with the global growth of the Virgin brand. They shared two children and several grandchildren.

Messages of condolence from across the business and philanthropic world have begun to pour in, recognising Joan’s quiet but influential presence alongside one of Britain’s most high-profile entrepreneurs.

Virgin Group has not yet released a further statement, and the Branson family has asked for privacy.

Read more:
Sir Richard Branson announces death of his wife Joan after 50 years of marriage

November 25, 2025
AI could replace half of American jobs, McKinsey warns
Business

AI could replace half of American jobs, McKinsey warns

by November 25, 2025

Artificial intelligence and robotics could automate more than half of all work carried out in the United States — with existing technology — according to a new report from the McKinsey Global Institute.

The research finds that 57% of US work hours could be automated today if organisations redesigned workflows around the capabilities of AI agents and robots. The analysis suggests that nearly half of American jobs sit within occupations facing significant disruption from automation.

Around 40% of the roles most vulnerable involve drafting, information processing and routine reasoning — tasks at which AI agents already excel. Hiring in some of these fields, including paralegals, office administrators and even computer programmers, has slowed as companies assess the potential for AI to absorb large portions of their workload.

Physical roles are also at risk. Jobs performed in hazardous environments, such as warehouse operations or machinery handling, are highly likely to be replaced by robotics as adoption costs fall and safety concerns increase.

Conversely, McKinsey found that roughly one-third of American jobs are difficult to automate because they require deeply human qualities — from empathy to dexterity. Nursing and social care are among the safest professions, with 70% of tasks requiring physical presence, compassion and intuitive decision-making that machines struggle to replicate. Maintenance and repair roles, which require judgment, adaptability and work in unpredictable environments, are also hard to automate.

The report — Agents, Robots and Us — emphasises that the biggest barrier to large-scale automation is not technological capability but policy decisions, investment and companies’ willingness to overhaul entire workflows rather than automate piecemeal tasks. McKinsey estimates that redesigning work with AI in mind could generate $2.9 trillion a year in economic value by 2030.

The report paints a future in which humans work in partnership with AI rather than being replaced wholesale. Workers will spend less time preparing documents or processing data and more time interpreting outputs, guiding AI systems and making higher-level judgments. Teaching is highlighted as a sector where hybrid AI use could remove administrative burdens and support lesson planning, while leaving educators to lead, evaluate and interact.

While jobs will disappear, McKinsey argues that new roles will emerge — including AI product managers, safety specialists, system trainers and engineers responsible for tuning and supervising automated tools.

Real-world evidence suggests the shift is already under way. Fintech group Klarna has said it can continue to grow revenue without growing headcount, thanks to AI. Law firm Clifford Chance and telecoms provider BT have recently announced job reductions linked to increased automation.

Early-career workers appear most exposed. A recent Stanford study found that employees aged 22–25 in AI-intensive occupations have experienced a 13% decline in employment, although more experienced workers have not yet seen equivalent displacement.

McKinsey’s report follows Microsoft’s recent analysis predicting that translators, sales representatives and financial advisers face early AI disruption, while nurses, plumbers, ship engineers and water treatment operators remain among the safest professions.

Read more:
AI could replace half of American jobs, McKinsey warns

November 25, 2025
Rachel Reeves urges Labour MPs to unite behind her ‘make-or-break’ Budget
Business

Rachel Reeves urges Labour MPs to unite behind her ‘make-or-break’ Budget

by November 25, 2025

Chancellor Rachel Reeves has urged Labour MPs to rally behind her “fair and progressive” Budget, warning that while not every measure would be universally popular, the package must be backed in full to deliver the government’s economic agenda.

Addressing a tense meeting of the parliamentary Labour Party after two weeks of leadership speculation, Reeves told MPs that “politics is a team sport” and insisted the Budget would contain policies they could sell confidently to constituents.

“When you look at the distributional analysis you’ll see this is a Labour Budget, a progressive Budget, a Budget I’m proud of,” she said. However, she warned MPs that the measures must be taken “as a package, not a pick and mix”, telling them: “You might like 95% of it and dislike 5%, but we have to deliver this together.”

Reeves assured MPs that tax rises would be “kept to a minimum”, with the Budget focused on cutting the cost of living, reducing NHS waiting lists and lowering the cost of government debt. She argued that bringing down borrowing costs was essential to freeing up money for public services.

The Chancellor stressed she was “determined to keep the contributions people make as low as possible”, adding that support for household budgets would filter through to consumer spending and boost business activity.

Reeves is expected to confirm on Wednesday that the UK’s economic growth forecasts have been downgraded in each of the next five years, despite Labour making economic growth its central mission at the last election.

She defended Labour’s record since taking office, highlighting increases to the national living wage, protection of the triple lock, expansion of free childcare, free breakfast clubs in primary schools and extended free school meals to another half a million children. Recent freezes on prescription charges and rail fares were also flagged as evidence of early progress.

“But I know there is more to do,” she told MPs. “On Wednesday, this will be a fair Budget… one that delivers strong foundations, secures our future and delivers on our promise of change.”

Reeves also moved to quash rumours about her political future, vowing to stay in post and thanking colleagues for their support amid what she described as misogynistic media attacks. “I’ll show the media, I’ll show the Tories — I will not let them beat me,” she said to cheers.

The Chancellor is seeking to create up to £20 billion of fiscal headroom to meet her self-imposed rules. Popular measures expected include lifting the two-child benefit cap and action to cut energy bills.

After ruling out an income tax rise, Reeves is instead expected to rely on a string of smaller tax measures — including a possible high-value property levy, freezing income tax thresholds for two more years, a pay-per-mile charge for EVs and tighter rules on salary sacrifice schemes.

She also criticised the media’s handling of Budget speculation, saying rumour-driven reporting had been “incredibly destabilising”.

Reeves said the Office for Budget Responsibility’s report, due to be published alongside the Budget, would confirm that the UK’s productivity downgrade stems from Brexit and Conservative-era austerity, not the policies of the current government.

Read more:
Rachel Reeves urges Labour MPs to unite behind her ‘make-or-break’ Budget

November 25, 2025
Currency traders bet against sterling ahead of Reeves’ tax-raising Budget
Business

Currency traders bet against sterling ahead of Reeves’ tax-raising Budget

by November 25, 2025

Currency traders are increasing their bets against sterling ahead of Wednesday’s Budget, fearing that Rachel Reeves’ tax and spending plans could further weaken the UK’s already fragile economic outlook.

Data from CME Group shows trading volumes in put options — contracts that profit from a fall in the pound — have outpaced bullish call options by more than four to one over the past week. The surge suggests investors are bracing for a Budget that could push sterling lower.

Dominic Bunning, head of G10 FX strategy at Nomura, said the pattern “points to a market that is well positioned for a challenging outcome for the pound.”

The pound, already close to its weakest level against the dollar since April, traded at $1.312 on Tuesday, after weeks of soft economic data and falling inflation encouraged traders to price in earlier Bank of England rate cuts — typically a drag on a currency.

Investors are worried that Reeves’ expected package of tax rises will darken the growth outlook or undermine confidence in the government’s ability to manage its fiscal position. Some fear that a poorly received Budget could place political pressure on the Labour leadership, adding further volatility.

Mark Dowding, chief investment officer for fixed income at RBC BlueBay, said it was “hard to see how Reeves delivers an outcome which looks bullish for UK growth,” adding that he has been betting on further sterling weakness against both the euro and the dollar.

Traders are also speculating that Reeves might introduce measures aimed at reducing inflation — such as a cut to VAT on energy bills — which could accelerate expectations of interest rate cuts and weigh further on the pound.

CME data shows sterling puts expiring on Budget day are significantly more expensive than calls, a sign that markets see sterling weakness as more likely than strength. The pricing skew is at its highest since January, when traders anticipated volatility around Donald Trump’s inauguration.

Chris Povey, head of FX options at CME Group, said: “We are seeing people trade sterling puts more intensively.”

However, analysts note that a well-received Budget — one that creates fiscal headroom and reassures markets about next year’s tax plans — could spark a relief rally in the currency. Kamal Sharma, director of G10 FX strategy at Bank of America, described the Budget as “the single most significant binary event of the year for sterling.”

But others warn that sterling remains vulnerable to concerns about high government borrowing, limited revenue-raising options, and political uncertainty.

“If the market doesn’t see enough signs of fiscal consolidation and credibility,” Nomura’s Bunning said, the pound could fall alongside long-dated gilts — a pattern seen more often in recent years.

Steve Englander, head of FX research at Standard Chartered, said sentiment around the UK remains bleak. “I haven’t heard anyone say good news about sterling or the UK in the last three months,” he said, citing the economy’s lack of momentum, high spending and constraints on tax rises.

Read more:
Currency traders bet against sterling ahead of Reeves’ tax-raising Budget

November 25, 2025
Installio raises £1.5m Seed round to accelerate national clean-energy rollout
Business

Installio raises £1.5m Seed round to accelerate national clean-energy rollout

by November 25, 2025

Clean-energy installation specialist Installio has raised £1.5 million in an oversubscribed Seed round led by Verb Ventures, as the fast-growing London-based company prepares to scale nationally amid surging demand for heat pumps and home-energy retrofits.

Founded to tackle the biggest bottleneck in the UK’s clean-heating transition — inconsistent, low-quality installations — Installio combines specialist engineering expertise with a technology platform that streamlines complex heat-pump projects from end to end. The company provides real-time project visibility, compliance oversight and access to highly vetted installers, enabling partners to deliver large-scale retrofit programmes at consistent standards.

The new investment will support Installio’s nationwide expansion and the development of its next-generation installer platform. In 2025, the company launched four new regions in the South of England, recording 40% month-on-month revenue growth, while installation volumes have doubled every two months.

Installio already works with major energy providers and retailers including E.ON Next, Aira and Good Energy, as well as contractors, housebuilders and housing associations.

Co-founder and CCO William Hoyer Millar said the company is “setting a new standard for clean-energy installs”.
“Heat pumps are only as good as the installs behind them, and for too long inconsistent quality has held back adoption. Our technology ensures high performance every time — and gives partners confidence that complex retrofit work will be delivered correctly, at scale.”

CEO Michael May added that homeowners benefit directly: “Our platform makes installations smoother, warmer and more efficient. This Seed funding allows us to expand nationally and keep building the technology that supports our teams on the ground.”

Verb Ventures partner Alex Chikunov said Installio represents the infrastructure needed for the UK’s clean-heating transition:
“The transition isn’t just about new technology — it’s about the operational capability to deliver thousands of quality installs reliably. Installio sits at that perfect intersection of tech and engineering.”

Non-executive director Lord Martin Callanan, former Energy Minister, described heat pumps as “critical national infrastructure”.
“Every heat-pump installation reduces Britain’s exposure to volatile global gas markets and strengthens energy independence,” he said. “Installio’s scalable, high-quality delivery is exactly what the sector needs.”

The investment arrives as UK heat-pump installation accelerates — up 56% in the first half of 2025 — ahead of new regulations making clean-heating systems standard from 2026. Studies suggest rapid deployment could add £4.8 billion to GDP and create 80,000 jobs by 2030.

With more than £13 billion in government funding earmarked for home-energy retrofits, installation capacity remains the sector’s defining challenge. Poor-quality fits in recent years have damaged consumer confidence, making verifiable quality and compliance essential.

Installio’s technology-enabled delivery model aims to close that gap — ensuring heat pumps and other clean-energy systems are installed quickly, compliantly and at scale, supporting the UK’s transition to affordable, low-carbon home heating.

Read more:
Installio raises £1.5m Seed round to accelerate national clean-energy rollout

November 25, 2025
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