VCT fundraising push continues as Baronsmead launches £50m raise January 13, 2025 Two Baronsmead venture capital trusts (VCTs) have launched a £50m funding drive today as a boom in fundraising for the vehicles continues. The VCTs, which are managed by Gresham House, are targeting a £30m share offer with an over-allotment option of £20m, meaning they are able to issue new shares if there is demand from [...]
Chauffeur firm Blacklane looks to ‘double down’ on London after Saudi cash injection January 13, 2025 Luxury chauffeur service Blacklane is looking to “double down” on London after announcing its largest-ever funding round late last year. The Berlin-based firm, which counts Mercedes-Benz and the Saudi Public Investment Fund (PIF)’s Tasaru Mobility among its investors, raised £53.5m in October amid long-running reports of a possible Initial Public Offering (IPO). Blacklane’s airport transfer [...]
Polestar 2 review: Popular premium EV now tops 400 miles January 13, 2025 First launched in 2022, the Polestar 2 was the first fully electric model from the Chinese-owned Swedish brand. However, things move fast in the EV market, so Polestar has given its stylish crossover a substantial overhaul. The Polestar 2 faces a lot more competition than when it initially went on sale. The market for electric [...]
Halal Investing for Beginners – Everything You’ll Need January 13, 2025 If you are a Muslim who has a keen interest in investing, then it is fundamental to first be aware of halal investing principles, and what investing activities are permissible under its guidance. This is because islamic finance has certain ethical and social obligations that Muslims are expected to follow, and failure to adhere to [...]
Short-term vs. Long-term Crypto Investment Strategies [2024] January 13, 2025 If you are an existing or aspiring crypto investor, then the most important question you will have to ask yourself is whether to pursue short-term or long-term crypto investment strategies. This is because both investing approaches have significantly different outlooks on what is the “best” way to invest in crypto, and also have different risk [...]
Transform Your Finances With These 8 Habits [2024] January 13, 2025 It’s 2024, and the financial landscape is becoming ever more volatile, leaving many wondering how to navigate the turbulence and come out unscathed. With rising inflation, unpredictable markets, and a wealth of new financial innovations, having your finances in order has never been more important. But for many people, addressing these challenges can be overwhelming, [...]
Protein Works set for ‘epic milestone’ as sales pass £50m January 13, 2025 Protein Works is gearing up to achieve an “epic milestone” as its sales broke through the £50m barrier for the first time. The Cheshire-headquartered business is on the verge of selling 400 million protein shakes worldwide as it revealed its turnover hit £50.7m in the year to 31 August, 2024. The latest turnover total for [...]
Plus500 promises further payouts as revenue set to beat expectations January 13, 2025 Plus500 said revenue will be "meaningfully ahead of market expectations" as it promised further shareholder returns in 2025.
Bumper Christmas helps Heathrow Airport to record breaking year January 13, 2025 December saw more than 7m travellers pass through Heathrow's terminals, which was 5.6 per cent higher than 2023.
FTSE 100 giant Auto Trader gears up for £87m HQ move January 13, 2025 FTSE 100 giant Auto Trader has confirmed plans to relocate its headquarters from a building named after a Manchester legend to a new base worth £87m. The company is to leave its home at 1 Tony Wilson Place in First Street and move to Bruntwood SciTech’s 3 Circle Square in 2026. Auto Trader has been [...]