After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
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 [...]
Hallmark: Greeting cards giant halves headcount in two years June 26, 2025 The UK arm of greeting cards giant Hallmark has cut more than 150 jobs as part of its bid to return to profit. The Bradford-headquartered division of the US group reduced its headcount from 561 to 405 in 2024, new accounts filed with Companies House show. The latest figure is more than half the 867 [...]
Laurie Canter on hopping fences to play golf, investing and Dryvebox June 26, 2025 English golfer Laurie Canter on the sport’s accessibility problem, his passion for business and investing in mobile golf simulator business Dryvebox. Laurie Canter took the first steps towards a career in professional golf by hopping the fence to the public course across the road from his childhood home in Bath. Twenty-odd years later he is [...]
ABF confirms plans to shut bioethanol plant despite last-minute government negotiations June 26, 2025 Associated British Foods has confirmed plans to shut its Yorkshire bioethanol plant despite the government entering formal negotiations to rescue the site, in a blow to Labour’s new industrial strategy. The food producer, which also owns the retail giant Primark, said it had now begun consultation with employees to effect an orderly wind-down, with purchases [...]
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 [...]
Inspired latest to attract private equity takeover bid June 26, 2025 Energy and sustainability consultancy Inspired has agreed to a £183.6m all-cash takeover from US private equity firm HGGC, marking a sharp turn in the firm’s M&A saga after previously rejecting a rival bid from Regent Acquisitions. HGGC will make the acquisition through a newly formed vehicle, Intrepid Bidco Limited, offering 81p per share – a [...]
Serco appoints new chair amid better than expected performance June 26, 2025 Serco has appointed Keith Williams as chair amid a period of strong growth boosted by government spending on defence and immigration. The Halfords chair will take over from John Rishton, who will have completed a nine-year tenure by the time he steps down in December. Williams said it was an “honour” to have been selected [...]
A poor country acting like a rich one June 26, 2025 Britain is not a rich country. We may act like we are, we may even sometimes look and sound like we are, but the numbers don’t lie. When looking at GDP per capita we are decidedly middle of the pack by European standards and embarrassingly far behind America. The per head figure in the UK [...]
Smells define our world – but modern life is killing them June 26, 2025 The smell of the Clockwork Orange – AKA the Glasgow Subway – has mystified Glaswegians for over a hundred years. Newspapers have pored over the pong since the metro first opened in 1896. Over the years the curious, slightly fusty scent has been described as an “odour-laden spice caravan” and prompted one Redditor to ask [...]