UK ahead of EU as bloc likely to ‘slip into recession’ September 7, 2023 The UK grew ever so slightly faster than the EU in the second quarter as falling exports brought growth in the bloc to a near standstill.
Smurfit Kappa looks to ditch London as it plots merger with US rival West Rock September 7, 2023 Irish packaging giant Smurfit Kappa has confirmed it is in advanced discussions to merge with US rival West Rock.
Trident Digital Group announces $8m seed funding round September 7, 2023 The Trident Digital Group has announced an $8m seed funding round co-led by New Form and White Star Capital, with participation from CMT Digital, Joint Effects, and Permit Ventures.
Uniswap still gaining as Bitcoin and Ethereum continue sideways shuffle September 7, 2023 Bitcoin and Ethereum remain virtually unmoved since yesterday, continuing on the same path as in the last few days.
Network Rail pleads guilty over fatal derailment which claimed three lives September 7, 2023 Network Rail has pled guilty at the High Court in Aberdeen to health and safety failings over a rail crash that claimed three lives.
Funding Circle slides to loss as weak economy and end of Covid loans hit lending September 7, 2023 Funding Circle swung to a loss in the first half of the year as a sluggish UK economy and the winding down of government-backed Covid loans continued to drag on the small business lender’s bottom line. The London-listed fintech posted a pre-tax loss of £16.6m in the six months to June, against a profit of [...]
FTSE 100 close: London markets mixed as weaker pound helps offset fears over China September 7, 2023 The FTSE 100 climbed 0.1 per cent to trade at 7,434.79 although the FTSE 250 remained in negative territory, down 0.1 per cent at 18,425.43.
Chris Pincher: Former Tory whip resigns as MP triggering third by-election for Sunak September 7, 2023 Conservative MP Chris Pincher has resigned as an MP triggering a third by-election for Rishi Sunak’s government to fight. The Tory MP and former deputy chief whip announced his resignation this morning after he lost his appeal against an eight-week suspension from Parliament over groping allegations. In a statement he said: “I have said already [...]
Jet2 raises profit outlook despite £13m hit from air traffic control chaos September 7, 2023 Jet2 expects to exceed profit forecasts for the year ahead, despite a summer of disruption caused by last weeks’ air traffic control shutdown and rampant wildfires on the Greek Island of Rhodes. Annual pre-tax profits on a constant currency basis are expected to hit between £480m to £520m, after the months of July and August [...]
City Giving Day: Central London Alliance’s Guinness World Record Title Attempt September 7, 2023 In a city that’s known for its fast-paced business world, iconic landmarks, and vibrant culture, a remarkable event is set to take place that will not only make history but also underline the spirit of community and philanthropy that thrives within the heart of London. On the 25th and 26th of September, the Central London [...]
