Lakestar hires former UK minister Sam Gyimah as ventures partner strengthening British investment February 8, 2022 Lakestar, one of Europe’s leading venture capital firms, is today announcing new hire and a promotion in its London office. Sam Gyimah, former UK Minister for Universities, Science, Research and Innovation and MP for East Surrey has joined Lakestar as a Venture Partner starting in February 2022. Strengthening Lakestar’s London office, Sam brings a deep [...]
Oil prices take a breather after multiple market rallies February 8, 2022 Oil prices have eased today ahead of the resumption of indirect talks between the US and Iran, which may revive the nuclear deal
Arm scrambles for new CEO as $40bn mega deal with Nvidia collapses February 8, 2022 British chip maker Arm has rushed to appoint a new chief executive after its $40bn sale to Nvidia collapsed amid opposition from regulators.
UK swerves away from EU car safety rules following Brexit February 8, 2022 The government has said it could use its new Brexit “freedoms” to avoid complying with EU car safety rules. Following Brexit, the UK no longer needs to follow the General Safety Regulations, which include higher standards for cars and lorries to make them less deadly for pedestrians. The UK agreed to be follow the regulations [...]
B.P Marsh boosts dividend nearly 14 per cent after strong sales February 8, 2022 Niche venture capital provider B.P Marsh has increased its dividend 13.9 per cent after offloading assets above previous value expectations
Ofgem boss to face grilling from MPs as price cap comes under fresh scrutiny February 8, 2022 MPs will put the consumer price cap under scrutiny in Westminister today after Ofgem’s decision to hike energy bills to nearly £2,000 per year.
Profit jumps 96 per cent for Mattioli Woods amid string of acquisitions February 8, 2022 Wealth management firm Mattioli Woods saw interim profits climb by 96 per cent in a sign that a string of takeover deals are paying off.
LadBible makes confident maiden update with annual growth hitting 80 per cent February 8, 2022 LadBible Group Media, the digital youth publisher, has issued its maiden trading update this morning, with revenue hitting at least £54m, ahead of expectations and representing annual growth of around 80 per cent. Managing brands including LADbible, SPORTbible and Tyla, direct revenue growth was driven by a significant increase in content marketing and direct display [...]
Bellway revenue climbs to £1.78bn amid record numbers of new homes February 8, 2022 Housebuilder Bellway is on track for revenue of £1.78bn in the first half of the year driven by a record number of home completions.
The Elizabeth Line in pictures: Our first look at Crossrail February 8, 2022 It’s almost here. Almost fifteen years after being granted approval by government, the Elizabeth Line is set to open in just months. City A.M. Editor Andy Silvester went underground to see the line’s progress – trusty iPhone camera in tow. I THINK people are going to be impressed” are TfL Commissioner Andy Byford’s last words [...]
