Gayathri Kallukaran is a Junior Journalist with Eastern Eye. She has a Master’s degree in Journalism and Mass Communication from St. Paul’s College, Bengaluru, and brings over five years of experience in content creation, including two years in digital journalism. She covers stories across culture, lifestyle, travel, health, and technology, with a creative yet fact-driven approach to reporting. Known for her sensitivity towards human interest narratives, Gayathri’s storytelling often aims to inform, inspire, and empower. Her journey began as a layout designer and reporter for her college’s daily newsletter, where she also contributed short films and editorial features. Since then, she has worked with platforms like FWD Media, Pepper Content, and Petrons.com, where several of her interviews and features have gained spotlight recognition. Fluent in English, Malayalam, Tamil, and Hindi, she writes in English and Malayalam, continuing to explore inclusive, people-focused storytelling in the digital space.
In 2023, Shaye Bhattessa-Sharma made history as the youngest-ever contestant to secure an investment on Dragons’ Den at just 15 years old. Fast forward to today, and the now 17-year-old entrepreneur has taken his business to new heights with the backing of one of the UK’s wealthiest billionaires. Here’s how Shaye’s journey has unfolded since his memorable appearance on the BBC show.
A historic pitch on Dragons’ Den
Shaye, accompanied by his father Raj, entered the Den with his innovative football-themed board game, Football Billionaire. The game, which involves trading players like goalkeepers, defenders, and forwards, impressed Peter Jones, the show’s longest-standing Dragon. Peter offered £50,000 for a 20% stake in the business, and Shaye accepted, making headlines as the youngest entrepreneur to secure a deal on the show.
Football-themed board game, Football BillionaireYoutube/ Dragons' Den
However, the partnership with Peter Jones didn’t last. A year later, Shaye revealed that after a “mutual discussion,” they decided not to proceed with the deal. While some might have seen this as a setback, Shaye viewed it as an opportunity to explore new avenues for his business.
A billionaire steps in
Shaye’s resilience paid off when he caught the attention of John Caudwell, the billionaire founder of Phones4U. With a net worth of £1.54 billion, according to The Sunday Times Rich List, John is one of the UK’s most successful entrepreneurs and a prominent philanthropist. He signed the Giving Pledge in 2013, committing to donate the majority of his wealth to charitable causes.
John Caudwell, the billionaire founder of Phones4UInstagram/ johncaudwell
John’s involvement in Football Billionaire is not just a business move but also a philanthropic one. Ten percent of the game’s sales go to John’s charities, aligning with his mission to give back. Speaking about the partnership, Shaye told The Mirror: “The impression of billionaires is that they’re not always positive. But I know a lot of them give back. John has always been an inspiration.”
John, in turn, praised Shaye’s entrepreneurial spirit, calling the collaboration a “no-brainer.”
Lessons from the Den
Shaye’s journey is a reminder that rejection or setbacks can often lead to greater opportunities. His story mirrors that of other entrepreneurs who, despite being turned down on Dragons’ Den, went on to achieve remarkable success.
One such example is Mark Wong, the founder of non-alcoholic beer brand Impossibrew. In 2022, Mark pitched his business to the Dragons, asking for £45,000 in exchange for a 10% stake. Despite what he described as an “impeccable” pitch, all five Dragons rejected him, citing a lack of proven turnover.
Undeterred, Mark continued to grow his business. By January 2025, Impossibrew had achieved over £500,000 in sales in a single month and sold more than one million cans in the previous 12 months. The company’s pre-money valuation now stands at an impressive £12 million, proving that sometimes the Dragons’ “no” can be a stepping stone to even greater success.
What’s next for Shaye?
At just 17, Shaye Bhattessa-Sharma has already achieved more than most entrepreneurs do in a lifetime. With the backing of John Caudwell and a growing interest in Football Billionaire, the future looks incredibly bright for this young innovator.
Shaye’s story is not just about business success; it’s about resilience, adaptability, and the power of believing in your vision. His ability to pivot after the Dragons’ Den deal fell through and secure the support of a billionaire philanthropist is a testament to his determination and entrepreneurial spirit.
A role model for young entrepreneurs
Shaye’s journey serves as an inspiration to young people everywhere. It shows that age is no barrier to success and that with passion, hard work, and the right support, anything is possible.
As Football Billionaire continues to grow, Shaye is not just building a business; he’s creating a legacy. And with John Caudwell by his side, there’s no telling how far he can go.
For now, Shaye’s story is a reminder that sometimes the best opportunities come after a “no” and that the Dragons’ Den is just the beginning of the journey, not the end.
Britain’s food retailers have said that higher employer taxes and regulatory costs as well as increased staff wages are adding to inflationary pressure
British grocery inflation nudged down to stand at five per cent over the four weeks to 10 August, data from market researcher Worldpanel by Numerator showed on Tuesday (19), providing a little relief for consumers.
The figure, the most up-to-date snapshot of UK food inflation, compared with 5.2 per cent in last month’s report.
“We’ve seen a marginal drop in grocery price inflation this month, but we’re still well past the point at which price rises really start to bite and consumers are continuing to adapt their behaviour to make ends meet,” Fraser McKevitt, head of retail and consumer insight at Worldpanel, said.
The researcher said prices were rising fastest in markets such as chocolate, fresh meat and coffee and falling fastest in champagne and sparkling wine, dog food and sugar confectionery.
Britain’s food retailers have said that higher employer taxes and regulatory costs as well as increased staff wages are adding to inflationary pressure from higher prices for commodities.
Trade body the British Retail Consortium, which represents Britain’s biggest retailers, predicts that food inflation will hit 6 per cent by the end of the year, putting more pressure on household budgets in the run-up to Christmas.
The Bank of England has forecast it will hit 5.5 per cent before Christmas and then fall back as global wholesale factors fade.
Official UK inflation data for July will be published on Wednesday. (Reuters)
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In his Independence Day address, Modi said the goods and services tax (GST) would be reformed and rates lowered by Diwali, which falls in October. (Photo: Getty Images)
INDIA’s government will reduce consumption tax rates by October, a top official said on Friday, hours after prime minister Narendra Modi announced reforms to support the economy amid trade tensions with the United States.
The federal government is planning a two-rate structure of 5 per cent and 18 per cent, removing the existing 12 per cent and 28 per cent slabs, the official told Reuters, requesting anonymity as the plans are still under discussion.
According to the official, 99 per cent of items currently taxed at 12 per cent, including butter, fruit juices, and dry fruits, will be shifted to 5 per cent. The move could affect companies such as Nestle, Hindustan Unilever, and Procter & Gamble.
The announcement follows rising trade tensions between New Delhi and Washington over US tariffs on Indian goods. Modi on Friday urged people to promote domestic products, with some of his supporters calling for a boycott of American goods.
In his Independence Day address, Modi said the goods and services tax (GST) would be reformed and rates lowered by Diwali, which falls in October.
"This Diwali, I am going to make it a double Diwali for you. Over the past eight years, we have undertaken a major reform in goods and services tax. We are bringing next-generation GST reforms that will reduce the tax burden across the country," Modi said.
The final decision will be taken by the GST Council, chaired by the finance minister and comprising state finance ministers, the official said. The council is expected to meet by October.
Brokerage Citi estimates that about 20 per cent of items, including packaged food, beverages, apparel and hotel accommodation, are in the 12 per cent slab. These account for 5-10 per cent of consumption and 5-6 per cent of GST revenue.
If most of these are moved to the 5 per cent slab and some to 18 per cent, the government could see a revenue loss of about 500 billion rupees, or 0.15 per cent of GDP, Citi said. This could take the total policy stimulus for households in the 2025-26 financial year to 0.6-0.7 per cent of GDP, it added.
(With inputs from agencies)
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CEO of Morrisons Rami Baitiéh (centre) takes on the Heera Foods Gol Gappay challenge
Morrisons chief executive Rami Baitiéh took part in a lively “Gol Gappay Challenge” at the supermarket’s Bradford headquarters on Tuesday, as part of celebrations for South Asian Heritage Month.
The event, hosted in the company’s central atrium, was led by Bradford-based Heera Foods, which served up its popular Gol Gappay – crispy puris filled with spiced chickpeas and tangy water – to staff and visitors.
The highlight was a 60-second eating contest where colleagues competed to finish as many Gol Gappay as possible before the clock ran down. To cheers from the crowd, Baitiéh joined in and managed four in a minute.
“It was fantastic to see the CEO of one of the UK’s biggest supermarkets join in with such enthusiasm,” said Noor Ali, senior commercial manager at Heera Foods. “Gol Gappay, also known as pani puri, are all about fun, flavour and bringing people together, and Rami certainly embraced that spirit.”
The open day formed part of Morrisons’ program of events showcasing South Asian food and culture. For Heera Foods, one of Bradford’s longest-standing South Asian brands, it was an opportunity to highlight a snack loved across the subcontinent.
Heera Foods, part of P&B Foods Ltd, has been based in Bradford since the 1960s and produces a wide range of South Asian staples and ready-to-eat products from its UK facility.
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When Mounjaro was launched in Britain, Lilly set a list price 'significantly below' that in its other three European markets to avoid delays in NHS availability. (Photo: Reuters)
ELI LILLY said on Thursday it will increase the UK list price of its weight-loss drug Mounjaro by up to 170 per cent. The price change comes as the White House urges drugmakers to raise prices in Europe to enable price cuts in the United States.
The new price, which also applies to Lilly's type 2 diabetes medicine sold under the same name, will take effect in September. A month's supply of the highest dose will rise from £122 to £330, the company said.
The increase will apply to those paying for Mounjaro privately but will not affect patients receiving it through the National Health Service (NHS), which has a separate pricing agreement, a Lilly spokesperson said.
When Mounjaro was launched in Britain, Lilly set a list price “significantly below” that in its other three European markets to avoid delays in NHS availability. “We are now aligning the list price more consistently,” the company said.
The change comes as drugmakers adjust to policy shifts in the United States, their largest market, where president Donald Trump is seeking lower domestic drug prices while encouraging increases overseas.
Last week, Lilly CEO David Ricks told investors that price parity between the US and Europe was desirable over time, but said European governments “are not signing up to pay more for drugs.”
The US pays more for prescription drugs than any other country, often nearly three times more than other developed nations. Trump says he wants to narrow this gap to prevent Americans from being “ripped off.”
Reuters reported last week that the Trump administration has been in talks with drugmakers about ways to equalise prices across markets.
A list price is the amount set by a drug manufacturer before any discounts or rebates.
Lilly said it is working with private UK healthcare providers, including online pharmacies, which can set their own prices, to maintain access to the medicines.
Lilly launched Mounjaro in the UK in February 2023, while rival Novo Nordisk’s Wegovy became available in the country in September 2023.
(With inputs from Reuters)
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The Canary Wharf business district including global financial institutions in London. (Photo: Getty Images)
UK's economy grew more than expected in the second quarter, though at a slower pace than the first three months of 2025, as US tariffs and a higher UK business tax weighed on activity, official data showed on Thursday.
Gross domestic product rose 0.3 per cent in April-June, the Office for National Statistics (ONS) said, above analyst forecasts of 0.1 per cent growth. This followed a 0.7 per cent rise in the first quarter.
“Today’s economic figures are positive with a strong start to the year and continued growth in the second quarter,” said finance minister Rachel Reeves.
“But there is more to do to deliver an economy that works for working people,” she added, after a challenging first year in power for the Labour government.
The ONS said growth in construction and services in the second quarter helped offset a fall in production.
“Growth was led by services, with computer programming, health and vehicle leasing growing,” said Liz McKeown, ONS director of economic statistics.
Data released on Wednesday showed UK unemployment at a four-year high of 4.7 per cent in the second quarter.
The slowdown comes after the government raised the UK business tax from April, when US President Donald Trump’s 10 per cent baseline tariff on most goods also took effect.
Citing risks from US tariffs, the Bank of England last week cut its key interest rate by a quarter point to 4 per cent.
“The weak global economy will remain a drag on UK GDP growth for a while yet,” said Ruth Gregory, deputy chief UK economist at Capital Economics.
“The full drag on business investment from April’s tax rises has yet to be felt. And the ongoing speculation about further tax rises in the (UK) autumn budget will probably keep consumers in a cautious mood,” she added.