Britain’s banks prepare to pay out bumper bonuses amid cost of living crisis February 14, 2022 Britain’s banks are bracing themselves for a public backlash as they prepare to dish out more than £4bn in bonuses while customers grapple with a growing cost of living crisis.
Stationery start up Papier raises $50m to fuel global expansion February 14, 2022 London-based stationery startup Papier has secured a $50m funding round as it looks to fuel a global expansion plan, the firm announced today.
March revealed as best month to sell property due to annual surge in buyer interest February 14, 2022 March is the best month of the year to sell UK homes due to an annual surge in buyer interest and fierce compeition for properties, new data has revealed.
Exclusive: InfraRed snaps up majority stake in Complete Technology Group to supercharge broadband roll out February 14, 2022 Investment firm InfraRed Capital Partners has snapped up a majority stake in UK telecoms provider Complete Technology Group (CTG) and plans to inject up to £125m into the rollout of broadband conncectivity, the firm announced today.
Spotify and Amazon consider takeover bids for podcast platform Audioboom February 13, 2022 Spotify and Amazon are considering takeover bids for London-listed podcasting platform Audioboom which has enjoyed a boom in revenues through the pandemic, according to reports.
Bidders recoil at Butlin’s hefty price tag as Blackstone explore a sale February 13, 2022 Potential bidders for the Butlin’s chain of holiday camps have reportedly balked at a hefty £700m price tag floated by its owner Blackstone, as the private equity giant looks to spin off the chain.
Morrisons’ owners look to ease fears of a shift away from traditional business model February 13, 2022 The private equity owners of Morrisons have looked to ease investors’ fears that they would renege on commitments to the firm’s traditional business model, as they face a mounting interest bill from loans.
Private equity firm readies a bid for oil refinery Stanlow February 13, 2022 A private equity firm is readying a bid for beleaguered British oil refinery Stanlow as concerns grow over the security of the UK’s fuel supply.
Cressida Dick resigns after Khan loses faith February 10, 2022 Met Police commissioner Cressida Dick has reportedly resigned after Mayor of London Sadiq Khan said he no longer had confidence in her leadership.
Legal & General agrees £370m buy-in with Heathrow pension scheme February 10, 2022 Life insurance and pensions firm Legal & General has announced a £370m ‘buy-in’ with London Heathrow’s pension scheme to shore up the savings of more than 1,400 savers.
