Zopa Bank: UK fintech raises £80m with its first LSE bond listing Fintech Zopa Bank has raised £80m in its first-ever London Stock Exchange bond listing as it gears up to launch current accounts. The fintech will transfer to an unlisted public company within six months following the transaction as it inches closer to the possibility of a float on the LSE. The oversubscribed fundraise was completed on the [...]
Bank of America, JP Morgan, Goldman Sachs: Wall Street cashes in on market volatility Banking Wall Street’s banking giants pocketed record revenues in the first quarter of 2025 as market volatility ramped up. Top lenders were able to smash profit expectations after reaping the rewards of a trading boom caused by President Donald Trump’s erratic tariff agenda. Trump’s bait-and-switch on tariffs triggered countless sell-offs as traders across the globe ditched [...]
How club revenue turns Champions Cup into cash of the titans Sport Business This weekend’s Investec Champions Cup round of 16 may be about getting the win in one of Europe’s most iconic stadiums, but in reality competitions such as this – seen by many as the top club rugby competition in the world – can have a monumental impact on rugby finances. The classic cliches in rugby [...]
International earnings set to outpace domestic in growing companies February 24, 2025 The world’s fastest-growing companies’ international earnings are set to eclipse domestic revenue by 2030, according to new research from HSBC. A survey of 1,143 global senior decision makers, in companies with a revenue of between £18m (£14.2m) and $5bn (£3.9bn), found overseas revenue represents less than half of their income at present. However, this is [...]
Quinn Emanuel: US law firm’s City of London office revenue soars January 13, 2025 US law firm Quinn Emanuel’s revenue over 2024 in London was up double-digits as litigation continues to boom
Cosy Club owner Loungers reports strong growth amid new openings October 8, 2024 Cafe and bar operator Loungers has said it delivered “like for like sales growth” of 4.7 per cent, amid a string of new hospitality openings boosting its portfolio. The Cosy Club, Loungers and Brightside chains owner recorded revenue of £178.3m in the half year to 6 October, up by 19.2 per cent on the previous [...]
HSS Hire sees sales jump as tool rental service weathers tough winter June 26, 2024 Tool rental firm HSS Hire increased its sales in the first five months of its financial year despite the impact of the mild winter on its seasonal product line.
Tate & Lyle blames inflation for slip in revenue February 21, 2024 The update comes just days after the 100 year old brand revealed it would remove the dead lion from its plastic golden syrup and dessert bottles. A lion's head with a bee will replace the iconic logo.