Take off: Tui revenue jumps 400 per cent as travel restrictions ease February 8, 2022 In a sign the travel industry is making a post-pandemic comeback Tui revenues have climbed by 406 per cent in the first quarter of 2022.
Female-focused investment programme launches to help close gender funding gap February 8, 2022 A new female-focused fundraising programme has launched today to aim to close the UK's gender funding gap and work with female founders to navigate unconscious bias in venture capital (VC) investing.
M&S remains UK’s fastest growing supermarket catching up with Big Four grocers February 8, 2022 Marks & Spencer has maintained its position as UK’s fastest growing food retailer, market researcher NielsenIQ said today, indicating its turnaround plan is gaining momentum. It said M&S’s sales rose 12.3 per cent in the 12 weeks to January 29 year-on-year, giving it a market share of 3.6 per cent, up 0.4 percentage points on [...]
UK sends 350 soldiers to Poland to ‘stand firm’ with Ukraine, says defence secretary February 8, 2022 The UK is set to send 350 soldiers to bolster security on the Polish border, as prime minister Boris Johnson prepares to deploy RAF Typhoons and warships to eastern Europe. “Poland is one of our oldest allies,” defence secretary Ben Wallace said today. “As strong partners in NATO and Europe we will both stand firm [...]
Lakestar hires former UK minister Sam Gyimah as ventures partner strengthening British investment February 8, 2022 Lakestar, one of Europe’s leading venture capital firms, is today announcing new hire and a promotion in its London office. Sam Gyimah, former UK Minister for Universities, Science, Research and Innovation and MP for East Surrey has joined Lakestar as a Venture Partner starting in February 2022. Strengthening Lakestar’s London office, Sam brings a deep [...]
Oil prices take a breather after multiple market rallies February 8, 2022 Oil prices have eased today ahead of the resumption of indirect talks between the US and Iran, which may revive the nuclear deal
Arm scrambles for new CEO as $40bn mega deal with Nvidia collapses February 8, 2022 British chip maker Arm has rushed to appoint a new chief executive after its $40bn sale to Nvidia collapsed amid opposition from regulators.
UK swerves away from EU car safety rules following Brexit February 8, 2022 The government has said it could use its new Brexit “freedoms” to avoid complying with EU car safety rules. Following Brexit, the UK no longer needs to follow the General Safety Regulations, which include higher standards for cars and lorries to make them less deadly for pedestrians. The UK agreed to be follow the regulations [...]
B.P Marsh boosts dividend nearly 14 per cent after strong sales February 8, 2022 Niche venture capital provider B.P Marsh has increased its dividend 13.9 per cent after offloading assets above previous value expectations
Ofgem boss to face grilling from MPs as price cap comes under fresh scrutiny February 8, 2022 MPs will put the consumer price cap under scrutiny in Westminister today after Ofgem’s decision to hike energy bills to nearly £2,000 per year.
