British electricals business Luceco sets sparks flying with £200m float A British electricals business is planning a float worth at least £200m, giving a new spark to the UK’s initial public offering (IPO) pipeline. Luceco, an LED lighting and portable power manufacturer, is aiming to raise £25m from the flotation which could go ahead as early as next Monday. An equity holder in the company, Epic [...]
London businesses remain upbeat about growth for next two years Almost three-quarters (73 per cent) of SMEs predict that they will experience moderate to considerable growth over the next two years, according to research out yesterday. Albion Ventures, a British venture capitalist investor, has found that only five per cent of small businesses believe they will shrink or fold in the same time period, with [...]
Uber on the Night Tube: We’re still here, don’t forget us Uber has released statistics today showing how its number of rides has been affected by the introduction of the Night Tube. The Jubilee Line will start running 24-hour weekend services from tonight (and we've put together a list of the best ways to make the most of it), and Sadiq Khan confirmed this morning that the Northern [...]
Tinder’s new feature, Boost, allows you to be a local love god (for 30 minutes) October 7, 2016 Worried about not having a date for the weekend? Not getting as many matches as you’d like? Now Tinder wants to help… From today, British Tinderers will be able to test the dating app’s latest feature: Tinder Boost. The new update bumps your profile up to one of the top profiles in your area – for 30 minutes. Of [...]
This is how many Brits have no clue how much credit card debt they have October 5, 2016 More than a quarter (28 per cent) of Brits with a credit card do not know how much debt they have on it and the same proportion (28 per cent) of adults cannot recall how much money they have in their current account, according to a study out today. The research, carried out by VoucherCodes.co.uk and [...]
Your CV is probably missing this killer piece of information October 5, 2016 Thousands of British job applicants are limiting their work prospects by failing to mention volunteering experience on their CV, research released today has discovered. More than half (54 per cent) of job applicants in the UK have carried out some form of voluntary work, yet only eight per cent mention on their CV, according to [...]
How HSBC plans to save small businesses £13m a year October 4, 2016 HSBC has today announced it is reviewing banking tariffs for all UK business customers with turnovers of up to £2m, saving small firms across the country £13m a year in unnecessary charges. The review has been brought about by HSBC's Electronic Banking Tariff, which recently increased its turnover threshold from £500,000 to £2m. Around 190,000 HSBC [...]
Love at first sight for EliteSingles October 3, 2016 The parent company of the premium dating service EliteSingles, Affinitas GmbH, made the first move and acquired French dating site Attractive World. Attractive World is the number one dating service in France and also operates in Belgium, Luxembourg and Switzerland. More than 2m singles have applied to the site since its creation in 2007. During [...]
UK missing out on billions as small firms fail to take sales overseas October 3, 2016 The UK is missing out on billions because SMEs are not fulfilling their exporting potential, research out today has found. Less than a fifth of SMEs presently export compared with over 40 per cent of large businesses, resulting in £141bn in missed revenue, according to the report commissioned by World First and carried out by the Centre for Economics [...]
