Profit triples at SME lender Iwoca as loans near £1bn June 26, 2025 Profit has almost tripled at business lender Iwoca as its revenue jumped by nearly £100m in 2024, it has been revealed. The London-based firm, which provides credit to small and medium-sized enterprises (SMEs), has posted a pre-tax profit of £59.1m for its latest financial year. The total comes after the business reported a pre-tax profit of £21.7m [...]
London Broncos rugby league team make name change admission June 26, 2025 London Broncos rugby league team have been forced to deny that they’ve made a final decision on a change of name. Former Leeds Rhinos chief executive Gary Hetherington is leading a revival of the London club which was relegated from the Super League last year. And part of that is a potential name change, with [...]
The Ivy: Jobs continue to be cut as Richard Caring nears £1bn sale June 26, 2025 Jobs have continued to be lost at the group behind restaurant chain The Ivy as billionaire owner Richard Caring edges closer to a £1bn sale. Troia (UK) Restaurants cut more than 100 roles during its latest financial year as its pre-tax profit also declined despite a rise in revenue, new accounts filed with Companies House [...]
Visma to snub Amsterdam for London IPO in rare win for Britain’s stalling market June 26, 2025 Norwegian software giant Visma has provisionally selected London over Amsterdam for its upcoming IPO, a rare win for the UK’s shrinking public markets as the country battles to remain a viable home for high-growth tech listings. The €19bn firm – backed by British private equity firm Hg – has chosen the capital because of its [...]
Cavendish shakes off M&A woes to swing to profit June 26, 2025 Cavendish swung back into profit in the latest financial year despite a sharp drop in revenue in its mergers and acquisitions division. The London-listed investment bank turned a slim £700m in pre-tax profit for the year ending March 31 but this marked a hefty shift from the £4.3m loss in 2024. The firm said its [...]
The return of absinthe: What I learned on a green fairy bender June 26, 2025 Absinthe is back on the menu. We sent Kyle MacNeill on a pub crawl of the best places to drink the green fairy to see if it lives up to its fearsome reputation It’s five o’clock somewhere! By that, I mean that’s the literal time where I am, although for a second I’m not sure where [...]
Sports events must decide between purists and entertaining newbies June 26, 2025 With Britain in the height of its summer sporting season, Ed Warner debates how organisers must balance pleasing purists with enticing new fans. “Does anyone talk about The Season anymore? The social whirl of the Lord’s Test, Queen’s, Royal Ascot and then finally Wimbledon? I may have missed others…” I replied to this Sport inc. [...]
A tin of baked beans could decide the fate of the LSE June 26, 2025 A lot was riding on Shein’s plans to float in London. Too much, probably. The Asian e-commerce giant’s IPO was set to be the UK’s biggest in years, and was seen as our best bet to revive the market. But plans changed, and Hong Kong now looks the likely home. Is that such a loss [...]
How I discovered the joys of tinned fish June 26, 2025 Until I was in my twenties, I thought tuna was a sort of grey, flaky mulch that tasted of brine and disappointment. I had no concept of what an actual tuna might look like: I’d only ever seen them in the form of a hockey-puck sized cylinder. They might have fished them from the inky [...]
Are the wheels falling off the Bitcoin treasury play? June 26, 2025 What do a London-listed web designer, a spinal health researcher and a metals miner all have in common? Hint: They also have this in common with an AI-powered business consultancy and a Utah-based oil and gas producer. Figured it out? The answer: In the past few days, they have all adopted what they call a [...]