UK introduces new Russian airline sanctions May 19, 2022 The UK has announced new restrictions on Russian airlines as the war in Ukraine continues.
MarketFinance raises £100m from Deutsche Bank to support funding for SMEs May 19, 2022 Fintech platform MarketFinance announced a debt raise from Deutsche Bank which the company will use to part fund up to £100m of lending to support strong, well-managed SME businesses with their investment and working capital needs.
Revenue climbs for Euromoney as events make comeback and remote working drives savings May 19, 2022 B2B information-services provider Euromoney Institutional Investor posted a revenue of £184.6m, up 14 per cent from the previous year.
Royal Mail warns against further price rises as it fails to keep up with pandemic momentum May 19, 2022 Royal Mail posted humble results this morning with revenue down 1.6 per cent year-on-year reflecting changing consumer behaviour following removal of lockdown restrictions and lower international volumes.
National Grid posts £4bn profit amid soaring electricity and gas prices May 19, 2022 National Grid announced operating profit was up 11 per cent to £4bn as the firm continues to invest in its energy transition.
Darktrace shares plunge from Lynch links May 18, 2022 London's tech darling Darktrace has fallen from grace once again, with shares plunging nearly 15 per cent this afternoon.
Google’s Russian bank account seized as Big Tech crack down continues May 18, 2022 Russian authorities have seized Google's Russian bank account, making it impossible for its Russian office to function, the tech giant revealed today.
Netflix lays off 150 staff amid subscriber dip May 18, 2022 Following a brutal set of results last month, Netflix has laid off around 150 staff.
Twitter execs slam Elon Musk in secret video footage questioning his mental state May 18, 2022 New footage has emerged overnight of a Twitter executive calling Elon Musk mentally handicapped.
All Bar One and O’Neills owner struggles to drive sales as inflation bites May 18, 2022 All Bar One and O'Neills owner Mitchells & Butlers feels the sting of inflation, with like-for-like sales growth of one per cent over the first half of the year compared to 2019 figures.
