Challenger Monzo to cement £4bn valuation in new funding round February 20, 2024 The challenger bank could finalise a deal by the end of the month to raise as much as £350m of capital, people familiar with the matter told the FT.
Mobico: National Express owner’s shares crater as results delayed amid review into audits February 20, 2024 Mobico's shares crashed this morning after it announced reviews into audits of its German rail segment would delay publication of its financial results.
Scottish affordable house builder Springfield Properties latest to feel the pain of property slowdown February 20, 2024 A Scottish house building company is one of the latest to be financially bruised by last year’s slowdown in property sales.
Kemi Badenoch stand-off with ex-Post Office boss escalates as he defends interview branded ‘full of lies’ February 20, 2024 The article suggests he was told by a top civil servant to stall "compensation payments to Horizon victims so the government could “limp into the election” with the lowest possible financial liability."
Petra Diamonds predicts slow recovery in diamond prices February 20, 2024 The average realised price per carat for the six months came in at $113 per carat (£90), in line with prices in the first half of the year but down 29 per cent from the second half of 2022.
Capital One announces tie-up with Discover in $35.3bn deal creating payments giant February 20, 2024 "Our acquisition of Discover is a singular opportunity to bring together two very successful companies with complementary capabilities and franchises," said Richard Fairbank, founder, chairman and chief executive officer of Capital One said.
Lok’n Store’s development pipeline grows as company seeks to capitalise on demand for self-storage February 20, 2024 A publicly listed self storage company is close to opening its biggest store to date in Barking, Greater London.
Kistos set to buy EDF’s UK gas storage arm for £25m February 20, 2024 The company was set up to acquire and manage companies in the energy sector engaging in the energy transition trend.
IHG: Holiday Inn owner unveils another buyback as revenue and profit jumps February 20, 2024 Total revenue at the British chain, which owns a number of affordable and high end hotel, also leaped £3.6bn.
Farringdon’s iconic Piano Works snapped up by listed bar giant February 20, 2024 Alan Lorrimer, founder of The Piano Works, said: "We now have the potential to expand The Piano Works and prove that customers across the country will love our immersive audience requested live music experience."
