Election uncertainty to squeeze London IPO market again as listings slump to 13-year low January 11, 2024 Elections in the UK and US are set to squeeze the initial public offering (IPO) market again this year after new floats in London cratered to a 13 year low in 2023, EY has said. The London Stock Exchange saw just 23 new firms listing on the market last year, a 49 per cent slide [...]
Andreessen Horowitz backs London insurance start-up to shrug off UK venture woes January 11, 2024 Silicon Valley giant Andreessen Horowitz (a16z) has thrown its weight behind London insurance tech Hyperexponential today in a deal that shrugs off the gloom gripping the UK’s venture capital market.
Boohoo: ‘Human error’ blamed as clothes wrongly labelled ‘made in UK’ January 11, 2024 Boohoo put ‘Made in the UK’ labels on clothing items that were actually manufactured in South Asia.
Labour Party Conference helps slash losses at Eurovision Song Contest venue January 11, 2024 The UK's Eurovision Song Contest venue saw its losses slashed after the return of major events such as the Labour Party Conference.
LXi and Londonmetric agree mega-merger to create UK’s fourth largest real estate investment trust January 11, 2024 Following completion, existing Londonmetric shareholders will hold approximately 54 per cent and LXi shareholders will hold approximately 46 per cent of the enlarged group.
Electric double-decker bus erupts into flames in Wimbledon during rush hour January 11, 2024 A bus has dramatically caught fire on Wimbledon high street this morning, with residents reporting a loud bang and thick smoke.
Trustpilot shares surge after firm upgrades profit guidance launches share buyback January 11, 2024 Global review platform Trustpilot has launched a £20m share buy back programme.
Storage giant Big Yellow bumps up rents to offset higher interest rates January 11, 2024 Self storage firm Big Yellow has said its revenues bumped up in the third quarter as it saw a pick-up in its reservations book.
Darktrace reports strong revenue growth as investment in customer service pays off January 11, 2024 Cyber security company Darktrace has today reported a 24.3 per cent increase in annualised recurring revenue for the six months to 31 December 2023
Regulator to investigate historic claims on car finance commissions January 11, 2024 "There is significant dispute between some firms and consumers on whether firms have breached legal and regulatory requirements," the FCA said.