Zopa and Tide given valuation boost by investor Augmentum November 28, 2023 Listed fintech fund Augmentum has bumped up the valuation of its portfolio this year in a sign that values are beginning to stabilise after a sharp slump over the past two years.
Callum Skye, new 2024, is an electric all-terrain sports car November 28, 2023 Designed by Ian Callum and due in 2024, the Skye is a sporty electric off-roader that promises serious performance and very rapid charging.
Saga picks former Co-op exec as new chief in bid to turn fortunes around November 28, 2023 Over-50s specialist insurer Saga has announced that chief financial officer Mike Hazell will replace Euan Sutherland as chief executive effective immediately. Hazell was CFO at The Co-op Group before joining Saga in October and had previously been with Debenhams for almost 12 years. Mark Watkins will replace Hazell as CFO So-called claims inflation of around [...]
Pets at Home’s profit slumps as higher wages bite November 28, 2023 Pets at Home has backed its full-year guidance despite swinging to a 19.3 per cent loss in underlying profit before tax in the interim period.
Former Tory leader Lord Hague urges culture sec to ‘intervene’ in Telegraph sale November 28, 2023 Lord Hague recounted a call he had taken from a senior figure in the UAE when he was foreign secretary, complaining about stories run by the BBC.
Losses at Euan Blair’s Multiverse nearly triple in US growth push November 28, 2023 Losses at Euan Blair’s education start-up Multiverse nearly tripled last year as it ramped up its growth push in the US and pumped cash into new tech, accounts seen exclusively by City A.M. reveal.
Euan Blair interview: Is Multiverse’s educational mission a reality? November 28, 2023 Euan Blair's educational firm Multiverse now makes the majority of its revenues from upskilling employees already in work. Has it abandoned its original mission?
Google hires three top female execs to roles backing UK firms with AI tech growth November 28, 2023 Google has appointed three female senior new executives to drive forward the tech giant’s support for UK businesses. The search engine behemoth said the appointees will report straight to Debbie Weinstein, the vice president and managing director for Google UK & Ireland, and will help focus on the use of AI technology in growing British [...]
London sellers failing to acknowledge the property market has ‘begun rebalancing’ November 28, 2023 Desperate London home sellers have been accepting average discounts of as much as £25k on asking prices as the property market has seized up.
Food inflation falls again but business rate hikes could unravel progress November 28, 2023 Increases to business rates and the national living wage could reverse progress made to lower food inflation, experts have warned.
