Currys: AI push drives laptop sales surge as retailer nabs nearly 50 per cent of UK market September 5, 2024 Tech retailer Currys has reported a strong start to the year, crediting its “early adoption” of AI products for taking almost half of the UK’s laptop market. The London-listed company, headquartered in Acton, saw its like for like sales in the UK and Ireland grow by five per cent in the 17 weeks ending August [...]
A new Newlon resident tells us how becoming a Shared Owner has given her a sense of pride and achievement. September 4, 2024 One of Newlon’s newest developments is Millstream Tower. Built in conjunction with Kier and offering 117 apartments for Shared Ownership, one of its residents shares her journey to becoming a first time homeowner. 34 year old Kay, who works in corporate administration for an NHS trust, has lived in North London all her life. “I [...]
John Lewis: £80m plans create new homes at site in Elizabeth Line-linked Reading September 4, 2024 The John Lewis Partnership has submitted plans to transform one of its disused warehouses in Reading into an £80m residential complex featuring more than 200 rental units. The plans, which were submitted to Reading Borough Council this week, lay out the company’s vision to demolish the current structure and replace it with 215 homes, plus 6,000 [...]
Revolut to ‘aggressively’ double down on business accounts after surge in revenue September 4, 2024 The head of Revolut's business-to-business offering has said it is "aggressively doubling down" on the market, after the unit's global revenues exceeded $500m (£380m) this summer.
Pinewood Technologies strikes deal with AI firm to bolster US expansion September 4, 2024 Pinewood Technologies, formerly known as Pendragon, has entered into an advanced subscription agreement with Seez, known for its automotive AI tech, it announced today. Under the terms of the agreement, Pinewood Technologies, which is listed on the London Stock Exchange, said it had agreed to invest $4.2m (£3.2m) as part of a minority investment round. The [...]
Accsys: Building materials firm hails US launch as revenue shows signs of recovery September 4, 2024 Sustainable building materials maker Accsys has officially launched its first operation in the United States in a move it hopes will help it to deliver its “ambitious” production targets, it said today. The London-listed firm, which is headquartered in the city, said its US arm was now up and running, with its newly constructed plant [...]
M&G no longer the industry exception as investors pull £1.5bn September 4, 2024 Investors in M&G pulled £1.5bn from the investment manager over the last six months, as the group finally fell foul to the mass withdrawals that have plagued the industry. The outflows from M&G came as a surprise, as the group has traditionally been able to avoid the negative sentiment felt by many other British money [...]
What’s On in London in September 2024 September 3, 2024 As summer fades and the crisp breeze of autumn begins to fill the air, London prepares for an exhilarating September packed with cultural and sporting events, festivals, and unique experiences. Whether you’re a local, worker or a visitor, the capital offers an unrivalled array of activities to make the beginning of this autumn unforgettable. From [...]
Fundsmith Equity falls out of most bought list for the first time September 3, 2024 Fundsmith Equity, the largest investment fund in the UK ran by star manager Terry Smith, has fallen out of Interactive Investor’s most bought list for the first time ever. The list has been tracking the top ten most popular equities, funds and trusts on the platform since 2018. Fundsmith Equity topped the list as recently [...]
Cat-shaped confectionery brand Candy Kittens’ taste of sweet success September 3, 2024 Ambition A.M. speaks to entrepreneur Jamie Laing, who started confectionery brand Candy Kittens with co-founder Ed Williams in 2012.