UK business groups give backing to Bounce Back Loans repayment extension February 8, 2021 The UK’s largest business advocacy groups have backed Rishi Sunak’s move to offer more generous repayment terms on £45bn of emergency Covid Bounce Back Loans. The Treasury announced yesterday that the 1.4m businesses who have taken out a Bounce Back Loan will be able to pay it back over ten years instead of six, make [...]
The new Greenback: Why investors are getting high on medicinal cannabis firms February 8, 2021 Avihu Tamir is CEO of Kanabo For years, advocates of medicinal cannabis products have predicted that the industry is set to revolutionise healthcare – and make investors a tidy profit. That time may finally be coming. Take our firm, Kanabo Group, which became the first medicinal cannabis company to get approval from the Financial Conduct [...]
Best of travel: Vietnam’s Lara Croft destination Hoi An February 8, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Laura Millar’s trip to Vietnam’s UNESCO heritage city Hoi An. Read more: Jaguar XF P300 review: revitalised luxury at a surprisingly low price ••• The narrow stone passageway opened into a small stone altar [...]
Window shoppers flock back to Central London as footfall jumps on lockdown fatigue February 8, 2021 Window shoppers flock back to Central London as footfall jumps on lockdown fatigue
Dating app Bumble boosts size of its IPO offering February 8, 2021 Bumble has boosted the size of its IPO by nearly $2bn bringing its valuation to more than $7bn when it goes public. The dating app, which competes with rivals such as Tinder and Hinge, announced it was looking to raise as much as $1.8bn in its stock market debut. It plans to boost its share [...]
Exclusive: Capital raising startup HUBX completes $5.5m fundraising February 8, 2021 Private capital raising platform HUBX has completed a $5.5m (£4.2m) fundraising round after a surge in demand during the pandemic. Founded in 2015 the London-based B2B platform claims to democratise capital raising by using automation and data to help organisations execute its transactions faster. The platform works with startups as well as more established sell-side [...]
Cornish Metals raises £8m as Poldark spirit takes hold of investors February 8, 2021 A Canadian mining firm aiming to restore Cornwall’s fortunes as a mining hotspot has beaten expectations with a £8m raise this morning. Cornish Metals, which is due to list on London’s AIM market in the coming weeks, had hoped to raise £5m through a placing. However, investors piled into the project, which is seeking to [...]
London is a leader in green finance but we must strive for more February 8, 2021 The pandemic has propelled our global community towards a major crossroads in 2021, and we arrive knowing that the direction we choose will prove critical for the future of our societies and our planet. It has accelerated systemic changes in the global economy and demonstrated the absolute need for international collaboration across governments and institutions [...]
Franco Manca owner The Fulham Shore in talks over restaurant expansion February 8, 2021 Franco Manca owner The Fulham Shore said it is in negotiations for many sites across the UK as it gets ready to restart its expansion plans as soon as lockdown restrictions are lifted. The firm has been able to secure discounts on new sites, with the coronavirus pandemic enabling it to acquire new restaurants at [...]
Ether futures set for Chicago Mercantile Exchange launch today February 8, 2021 Crypto at a Glance Happy Monday! And what a happy Monday it is. Bitcoin is back paddling in the warm waters around the $40k level and just closed the week at its highest price in history, Ether’s (ETH) bull run continues apace with prices soaring past $1,700 to new all-time highs, and Cardano (ADA) just [...]
