Half-a-million UK firms ‘financially distressed’ and thousands face insolvency as they ‘pin hopes’ on rate cuts UK Economy Nearly half a million UK businesses continue to face 'financial distress,' new research finds, with tens of thousands facing the possibility of insolvency within the next 12 months.
Everest: Jon Moulton’s double-glazing supplier crashes into administration leaving hundreds of jobs at risk Everest Everest, one Britain’s biggest double-glazing suppliers, has fallen into administration, leaving 350 jobs at risk.
Darktrace leaving London isn’t just ‘bad news’ for the LSE. It’s a crisis. OPINION Losing Darktrace to private equity must surely focus the minds of decision makers - this is a crisis
Senior: demand fuels growth in aerospace business April 26, 2024 Senior said it expects that its aerospace business will see "good growth" this year due to the increasing number of aircrafts being built.
American private equity firm to snap up Darktrace for £4.3bn April 26, 2024 American private equity firm Thoma Bravo has struck a deal to buy British cyber security company Darktrace in an all-cash transaction.
Freshly-listed World Chess sees revenue slip after Armageddon series but gaming firm still confident April 26, 2024 Online platform World Chess reported a slip in revenue for the year ended December, but said it was still confident in delivering its growth strategy.
Hollywood strikes fail to dampen outlook at production firm Facilities by ADF after The Crown gig April 26, 2024 Film and TV production trailer provider Facilities by ADF has announced a “favourably high” long-term outlook ahead despite what has been a turbulent year of film strikes for the industry. In an update to markets, the leading provider of premium serviced production facilities to the UK film and high-end television industry, including the Crown, said its [...]
Pearson ‘pleased’ with pivot to AI but Virtual Schools slow again April 26, 2024 Pearson is integrating artificial intelligence (AI) into its suite of educational products as it looks to modernise.
Slowdown in housebuilding hits Brickability’s top line April 26, 2024 The revenue decline reflected "the lower levels of demand in Bricks and associated building products experienced in the first nine months of the year."
Anglo American rejects BHP’s ‘opportunistic’ £31.1bn mega-deal April 26, 2024 Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.