England footballer Tyrone Mings slams Priti Patel over racism response July 13, 2021 England footballer Tyrone Mings has launched a blistering attack on Priti Patel over her response to racist abuse after the home secretary previously described taking the knee as “gesture politics”. Marcus Rashford, Bukayo Saka and Jordan Sancho have been subjected to racist hate on social media after they missed penalties in the Euro 2020 final [...]
Revolution Beauty to make stock market debut July 13, 2021 Revolution Beauty are plotting a float on London’s alternative markets valuing the company at nearly half a billion pounds. The float has received strong support from shareholders and was significantly oversubscribed, the UK-based firm said this morning. Read more: Asos enters deal with Nordstrom to bolster Topshop’s US presence Adam Minto, the beauty firm’s boss [...]
Hotel Chocolat records strong results following ‘promising’ in-store performance July 13, 2021 Hotel Chocolat have announced impressive revenue in their latest fiscal year results, seeing an increase of 21 per cent on 2020, while it is also up 24 per cent on 2019. With the ten weeks from 19 April to 27 June boosted by the reopening of the high street, the UK cocoa manufacturer saw its [...]
Halfords goes digital with launch of separate software platform July 13, 2021 Car and bike retailer Halfords has entered the software industry by launching B2B firm Avayler, it was announced this morning. The software, which was developed for Halford’s garages, will allow users to streamline their delivery processes. It’s first customer will be American Tire Distributors (ATD), one of the largest suppliers to the replacement tire industry [...]
British anti-fraud startup Quantexa nears unicorn status after $153m funding round July 13, 2021 Quantexa, a British tech startup specialising in anti-fraud software, is closing in on unicorn status after raising $153m (£110m) in fresh funding. The Series D funding round, led by private equity firm Warburg Pincus, values Quantexa at more than $900m. Existing investors including Dawn Capital, Albion VC, HSBC, and ABN AMRO Ventures also contributed to [...]
Full circle: driving Mazda’s rotary-engined sports cars July 13, 2021 We experience five of Mazda’s most exciting rotary-engined road cars, from a classic 1969 Cosmo to the modern RX-8.
Forward Partners confirms £36.5m AIM listing July 13, 2021 Tech-focused venture capital firm Forward Partners will list on London’s AIM market later this month with a market capitalisation of £134.6m. The firm said that its listing was oversubscribed, and would raise proceeds of £36.5m, which it will use to fund future investments. Blackrock and Draper Espirit are both backing the listing, having committed to [...]
Cybersecurity firm ECSC grows revenue as pandemic boost continues July 13, 2021 Cybersecurity group ECSC today reported a double-digit rise in revenue for the first half of the year as it continues to cash in on higher demand during the pandemic. The Aim-listed firm said revenue from its managed detection and response division rose 17 per cent to £1.45m in the six months to the end of [...]
Rothermere family prepares £810m bid to take Daily Mail group private July 13, 2021 The Rothermere family is weighing up a bid to take the parent company behind the Daily Mail private following a potential sale of one of its business divisions. In a statement yesterday Daily Mail and General Trust (DMGT) said the family, which founded the newspaper, was preparing a takeover offer that would value the slimmed-down [...]
Billionaire blues: Tesla’s Elon Musk says he hates his job July 13, 2021 He is one of the richest people in the world and has a vast following on social media, but Tesla boss Elon Musk has revealed he does not like his job. Appearing in a US court the Tesla tycoon said: “I rather hate it and I would much prefer to spend my time on design [...]