Third Point changes strategy on activist investors in bid to fix discount April 9, 2024 Hedge fund Third Point has appointed a duo of activist investors to its board in a bid to close the trust's wide gap between its net asset value and share price, despite previously strongly opposing them.
Loss-making Dim T and Wildwood restaurants to close as owner Tasty bids to avoid collapse April 9, 2024 Tasty plc, the restaurant group behind the Dim T and Wildwood brands, is looking to close 20 of its sites and secure new funding in order to avoid collapsing.
Motel One valued at £3.5bn after Proprium sells 35 per cent stake to majority shareholder April 9, 2024 Motel One has been valued at €4.1bn after a 35 per cent stake was sold to its majority shareholder.
Carried interest: Labour sticks by plans to up private equity bonus tax April 3, 2024 Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions.
The UK economy beat all but one of its G7 peers on this metric last year April 2, 2024 Both the Conservatives and Labour agree that this one vital area of the UK economy needs as much support as possible, Chris Dorrell writes
Pragmatic Semiconductor: How £500m chip maker is set to become UK’s largest March 27, 2024 Pragmatic Semiconductor is set to become the UK's largest chip manufacturer by volume following the opening of a major line in the North East of England.
Ember: All-electric intercity bus network backed by Monzo co-founder Tom Blomfield raises £11m March 26, 2024 Ember, a company which is creating one of the UK’s first all-electric intercity bus networks, has raised an extra £11m.
UK venture capital investment slumps to lowest levels since Brexit vote despite DAZN and Castore deals March 25, 2024 The amount of venture capitalist investment in the UK slumped by 45 per cent in 2023, according to new data.
Exclusive: ThinCats builds £300m fund to boost British businesses March 25, 2024 A £300m fund has been unveiled by alternative lender ThinCats in order to boost British businesses.
British Business Bank launches sequel to billion pound Northern Powerhouse fund March 21, 2024 A new fund aiming to invest £660m in companies across the North of England has been launched by the British Business Bank.