New ‘endorsing body’ set to take on Tech Nation visa programme April 4, 2023 A new body is set to take over management of the feted tech talent visa programme from Tech Nation after the start-up group closed its doors at the end of March, the Home Office has confirmed.
Heartfelt tributes paid to ‘Tory giant’ ex Chancellor Nigel Lawson who dies aged 91 April 3, 2023 The former Chancellor Nigel Lawson, who oversaw the City’s mid-eighties Big Bang, has passed away at 91. Prime Minister Rishi Sunak led tributes to the party grandee and leading Brexiteer as an “inspiration” while Boris Johnson marked him as a “giant” of Tory politics. Prior to entering politics Lawson was the City editor of the [...]
‘Never a better time to expand’: Kids’ finance firm GoHenry snapped up by saving app Acorns April 3, 2023 British kids finance firm GoHenry has been snapped up by US investing app Acorns in a deal which will see its financial education tools rolled out to millions of new customers in the US.
Capita suffers cyberattack but finds ‘no evidence’ of client data being compromised April 3, 2023 Outsourcing giant Capita confirmed today that a cyberattack was to blame for a major IT outage on Friday. Capita said the IT failure primarily affected “access to internal Microsoft Office 365 applications”. “The issue was limited to parts of the Capita network and there is no evidence of customer, supplier or colleague data having been compromised”, [...]
Now you can Tweet again from the tube as Vodafone reintroduces wifi on the London Underground April 3, 2023 London commuters on Vodafone will be able to stay online for longer, as the network announces wifi it has been reintroduced to the Underground system. Vodafone’s 4G and 5G networks will once more be available on London Underground connected to the BAI Communications service platform, in response to a rise in demand for connectivity, according [...]
CBI: Membership body rocked by further allegations of sexual misconduct April 3, 2023 The CBI, Britain’s trade body for big business, has been hit by a raft of further allegations of sexual misconduct at the organisation. The reports come only weeks after the body’s boss, Tony Danker, voluntarily stepped aside whilst an investigation into his own conduct is underway. According to reports in the Guardian today, more than [...]
Lord Sugar enjoys payout after selling stake in The Apprentice star’s business April 3, 2023 Lord Alan Sugar has enjoyed a multi-million pound pay-out after selling his stake in a skincare business run by a former contestant on The Apprentice. The business magnate and TV personality cashed in after a £200,000 investment in 2011 in Tropic Skincare, founded by entrepreneur Susie Ma. He also acquired a 50% share in the [...]
How Aldi boss intends to see off supermarket rivals and bring discount store within reach of all UK shoppers April 3, 2023 Aldi will not stop the “relentless” roll out of its value supermarkets across the UK, despite attempts by rival supermarkets to scupper its growth, its chief executive has said. Giles Hurley, the head of UK and Ireland operations for the German discounter, told The Telegraph that they are going to bring stores within easy reach [...]
Blackstone close to £700m deal for commercial landlord Industrials REIT April 3, 2023 US private equity giant Blackstone is close to a £700m take-private deal with London-listed landlord Industrials REIT as it ramps up its bargain-hunt on UK property firms.
Deal or no deal? Peel Hunt blames bank bailouts and inflation as it expects to be ‘marginally loss making’ April 3, 2023 Peel Hunt warned that the impact of recent bank bailouts might impact its pipeline as the City broker continues to struggle amidst the dearth of deals. In a trading statement at the end of its financial year, the investment bank said it has seen a “gradual improvement” in its pipeline. However, it said “execution risk [...]