Bargain Hunt: After Ted Baker, foreign buyers set to continue swoop on cheap London-listed firms August 17, 2022 Lawyers expect further corporate raids on the capital’s listed businesses after Ted Baker became the latest to be picked off by foreign, private firms.
Three UK Tech Hubs You Can Get A Job In Right Now July 25, 2022 Remote working has opened up possibilities for the way we work like never before. Lots of us are (re)thinking the way we work, and a move can be an attractive possibility. A new city or region can offer a fresh – and more affordable – way of life plus a chance to switch things up. [...]
Darktrace hikes profit margin forecast on bumper customer growth July 19, 2022 Cybersecurity giant Darktrace hiked its full-year profit margin forecast to 19.5 per cent today as it said it expected a surge in revenues to $417m for the year to June.
London firms dominate index for thriving post-pandemic growth May 29, 2022 Seven of the top ten fastest-growing British firms are based in London, according to the Growth Index.
40-year high inflation hits FTSE 100 and drags down pound May 18, 2022 City traders were today jolted by fresh figures revealing UK inflation is running at its highest level since the 1980s. The capital’s premier FTSE 100 index closed 1.07 per cent lower at 7,438.09 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.58 per [...]
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.
Tech Weekly: Digital Minister Chris Philp on London’s global tech status April 29, 2022 In this week’s episode, Charlie Conchie talks to Digital Minister Chris Philp. They ask whether London is still worthy of its role as a tech hub, technology and its part in addressing the cost-of-living squeeze, and free speech and online security amidst the Online Safety Bill. Episode transcript (auto-generated) Host 0:08 Hello and welcome to [...]
Our tech industry is being undermined by a psyche allergic to global growth April 29, 2022 The tech sector in the UK is in high-growth mode. In 2021, there was a record-breaking $35.1bn investment into tech, almost 120 tech unicorns and nearly 40 tech IPOs. The record level of venture capital investment in the UK has increased the valuations of both public and private tech companies, putting Britain third in the [...]
Supermarkets drag down London indexes on spending jitters April 13, 2022 London’s top indexes were muted today as investors ditched shares in supermarkets despite Tesco posting bumper profits. The capital’s premier FTSE 100 index edged 0.05 per cent higher to 7,580.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.12 per cent to 20,984.45 [...]
Darling Darktrace’s shares plummet despite boosting revenue outlook April 13, 2022 Darktrace upped its revenue estimates once again as the world continues to feel the sting of cyber threats.