Recruitment firm SThree posts drop in fees as tech giants slash jobs June 18, 2024 London-listed recruitment firm SThree has posted a drop in fees amid a "challenging backdrop" and mass global layoffs across the technology industry.
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.
Ashtead shares dip on cautious sales outlook as rumours swirl on London exit June 18, 2024 Ashtead has reported record full-year revenue and profit as rumours swirl over a move to New York from London.
Aoti: US healthcare firm raises £35m in London IPO June 18, 2024 US healthcare group Aoti has raised £35.1m from its initial public offering (IPO) on London's AIM sub-market, which it said will give it a market capitalisation of roughly £140m.
Inside London’s most exclusive thoroughbred sale – where horses change hands for millions June 18, 2024 The Goffs London Sale has in recent years become the most exclusive curtain raiser in town as well as one of the most prestigious sales of thoroughbreds in the world.
Bank of England set for August interest rate cut – but general election means doubts linger June 18, 2024 While the Bank is widely expected to hold rates this week, focus now turns to its August meeting. Chris Dorrell explains that while all signs are pointing towards a cut in just under two months, the outcome is far from certain
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
Scottish tech start-up iGii raises £8.8m in funding as it looks to expand globally June 18, 2024 Nanomaterial producer iGii raises £8.8m in its latest funding round as the Scottish tech start-up looks toward global opportunity.
Lopay: SumUp rival eyes profitability this year ahead of Europe and US expansion June 18, 2024 London payments start-up Lopay expects to hit profitability in 2024, less than three years after launching, ahead of taking its challenge to bigger rivals like SumUp to new markets in Europe and North America.
Business investment: Another unwanted title for UK economy June 18, 2024 This is the third successive year in which the UK has ranked bottom among the world's richest economies in terms of investment.
