Funding Circle: Fintech to cut 120 jobs as finance chief steps down May 29, 2024 Small business lender Funding Circle plans to cut around 120 jobs as part of efforts to reduce costs and boost its flagging share price. It also announced the departure of its finance chief.
Deliveroo, Just Eat Takeaway, Delivery Hero, and Doordash lose nearly £16bn over seven years May 29, 2024 Europe and the US's top online food delivery companies have lost over $20bn (£15.6bn) in operating losses over the past seven years.
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
Ocado set to fall out of FTSE 100 after shares crash May 29, 2024 Investors appeared to delete Ocado from their shopping baskets on Wednesday, after reports the business behind the posh online grocery store could be relegated from the FTSE 100 led to a fall in its share price.
Anglo American rejects BHP request to extend takeover talks May 29, 2024 Anglo American has rejected BHP's request to extend the deadline for a takeover.
What small business leaders want from the General Election 2024 May 29, 2024 Small business support leaders have named access to finance, taxes, and sustainability support as some of their core areas of hope for pro-business policies ahead of the general election on July 4. As both main political parties continue on their race to win the votes of Britain’s businesses, big and small, political uncertainty remains heightened [...]
Labour backs away from bank windfall tax in bid to win over City May 29, 2024 Reports suggest Labour is not planning to impose a windfall tax if it comes into power.
Bioscope: Cambridge biotech gold extractor firm eyes IPO May 29, 2024 Bioscope Technologies, which uses micro-organisms to draw out gold and precious metals, currently has a £12.8m turnover.
Royal Mail: Analysts bet Kretinsky £3.5bn takeover is blocked despite board OK May 29, 2024 Royal Mail owner IDS has given the OK to a higher offer from 'Czech Sphinx' Daniel Kretinsky, with a host of safeguards now in place
Impax hit by outflows as investors adopt ‘risk-off’ stance May 29, 2024 ESG-focused Impax Asset Management has seen continued net outflows into 2024 as investors withdraw from sustainable funds, while its investment performance drove a growth in assets under management.