Features
As global trade regulations continue to shift constantly, the UK retail sector faces a new wave of challenges, particularly with the evolving impact of tariffs on cross-border commerce. These changes are not just increasing the cost of goods sold but also complicating the way returns are managed. For UK retailers, the evolving tariff landscape presents both new obstacles and opportunities to reassess business practices, particularly when it comes to returns management.
Obsolescence is inevitable. Time marches on, technology grows older. Startups often face unique challenges when managing component obsolescence, given their limited resources and need to focus on innovation and rapid market entry. Effective obsolescence management ensures these businesses avoid the financial and operational setbacks caused by unexpected part unavailability, which could jeopardise product delivery or require costly redesigns.
Research from the British Chamber of Commerce reveals that 43% of small and medium sized businesses (SMBs) have no plans to use Artificial Intelligence (AI), despite a growing acceptance by businesses that it will help boost productivity. Only a quarter (25%) say they are using a specific AI technology, with 24% planning to in the future.
Fiberdom, a pioneer in wood fibre material innovation, has secured €3.5 million in funding to accelerate the development and scaling of its patented technology and its high-performance, 100% plastic-free material. Fiberdom’s mission is to replace non-essential plastics with scalable, circular solutions.















