This week, we’re excited to introduce and invite you to join our Fearless Community Platform!...
This week, we're proud to share the press coverage around our latest exciting milestone! We're also providing updates on our letter to the government, pushing back against their plans to scrap Entrepreneurs' Relief, and we’re excited to announce that our next Fearless Founder event is heading to Liverpool. Plus, as always, we’re spotlighting a brilliant small business this week.
Grab a coffee and let us fill you in!
"Prominent entrepreneurs back Fearless Adventures investment round."
We’re excited to share a significant milestone in our journey with a seven-figure investment from two industry leaders:
🌟 Simon Cooper, founder of OnTheBeach.co.uk, as our new Chairman
"The company's innovative approach and commitment to excellence align perfectly with my values and experience, I look forward to contributing to its continued success and growth."
🌟 Solly Solomou, CEO of LADbible Group
"Fearless Adventures is at the forefront of its industry, and I am delighted to be part of its journey. The team's passion and dedication are truly inspiring, and I believe we can achieve great things together."
A huge welcome to Simon Cooper, who brings a wealth of experience from building OnTheBeach.co.uk into one of the UK’s most successful online travel agencies and Solly Solomou, with his expertise in media and digital platforms, will offer invaluable insights and support as we work to strengthen our brand presence and engage with a wider audience. Together, their guidance will help us continue to grow and innovate!
This exciting news has been featured in MSN, Business Live, Prolific North, Insider Media, Business Cloud, and City AM.
Where does Entrepreneurs' Relief stand now after the 30th October budget?
We recently launched a petition to challenge the government's proposal to scrap Entrepreneurs' Relief. In just 24 hours, over 1,000 entrepreneurs added their names in opposition to this damaging change. Additionally, over 1,500 UK entrepreneurs and business leaders signed a letter to Chancellor Rachel Reeves, urging her to reconsider the proposed changes to business asset disposal relief (formerly known as Entrepreneurs' Relief) ahead of the budget on 30th October.
The change could see tax rates rise from 10% to as high as 45%, aligning with income tax rates.
For entrepreneurs, this would be a huge setback. Entrepreneurs' Relief recognises the personal and financial risks founders face when starting and scaling businesses. Scrapping or reducing it could stifle the innovation and entrepreneurship that drive the UK economy forward.
Entrepreneurs' Relief isn't just a tax benefit — it was created to recognise and reward those who build businesses, create jobs, and drive economic growth.
So, where does Business Asset Disposal Relief (BADR) stand now?
Despite our push to reinstate the £10m limit, the Rt Hon Rachel Reeves has chosen not to remove Entrepreneurs’ Relief entirely. The base rate of tax on Capital Gains is set to increase from 10% to 18% - which applies to Entrepreneurs Relief. This change could significantly impact the incentive to start and grow businesses in the UK.
Whilst Entrepreneurs' relief will not be scrapped, we still need to consider how the announced changes could significantly impact the incentive to start and grow businesses in the UK. We will continue to open up conversations and advocate for entrepreneurs and innovation. Seeing over 1,500 business leaders united in this campaign has been inspiring!
If you would like to learn more, read the article covered in The Times here 👉 https://bit.ly/4hSzB3w
We're bringing our next event to Liverpool!
If you're already part of our Fearless Founder Community, you were among the first to hear about our latest event announcement 👀. Fearless Founders Networking events are coming to Liverpool! 🙌
Specifically designed for freelancers and founders, our next Fearless Founders Networking event will take place on Tuesday, 26th November, at the fantastic 92 Degrees Coffee in Liverpool.
Here are the details:
📅 Date: Tuesday, 26th November
🕘 Time: 10:00 am – 12:00 pm
📍 Location: 92 Degrees, 49 Jamaica Street, Liverpool
Join us for another chance to connect, collaborate, swap advice, and be part of a community that’s shaping the future of fearless entrepreneurship.
If you missed our last event, now’s your opportunity to secure a spot at this upcoming networking session and expand your connections in the North.
Spaces are limited, so head to the link to secure your spot 👉 https://bit.ly/48O7oGM
Small Business Spotlight
Introducing this week's spotlight: Peculiar Studio, founded by Esme Greaves.
"You wouldn't trust a barber with a bad haircut, so why trust a design studio with bad design?"
Peculiar Studio is a brand strategy, visual identity, and art direction studio based in Salford. Working on and with brands that create a feeling, push boundaries, mix media and are peculiar in all the right places.
From concept to completion, Peculiar collaborates with start-ups, entrepreneurs, and anyone with a vision to bring it to life with depth, longevity, and, of course, peculiarity.
Check out Peculiar Studio here.
Or, email esme@peculiar.studio to get in touch.
