True Potential assesses offers from prospective buyers September 3, 2018 Wealth management firm True Potential has appointed bankers to oversee offers from potential buyers, the company has confirmed. The Newcastle-based platform is planning a sale that could value it at almost £2bn, Sky News reported. True Potential, which was established in 2007, has hired bankers Perella Weinberg Partners to consider and advise on potential buyer interest in the business. [...]
The Hut Group wards off potential buyers as it gears up for Acheson & Acheson takeover September 3, 2018 Online beauty retail company The Hut Group (THG) has rebuffed a series of takeover deals as it looks to expand its own acquisition spending spree. A number of offers valuing the firm at almost £4bn have been turned away by the fast-growing technology company, according to reports from Sky News last night. While strategic and [...]
Pullman Liverpool: A warm welcome to Merseyside September 3, 2018 Pullman knows a hotel is far more than somewhere to eat and sleep. It’s an opportunity to feel welcome in a new location, a place guests can be at their very best, for work and play. Pullman Hotels & Resorts offer a chance to recharge and explore. Focus and socialise. Because we know life [...]
Sky eyes Israel and Europe as it expands startup footprint September 2, 2018 Broadcaster Sky has announced plans to ramp up its startup investment and commercial partnership activity through a series of investments. The company will open a new office in Berlin to focus on companies in Germany and Scandinavia, and invest $4m (£3.1m) into Remagine Ventures, an Israeli venture capital fund based in Tel Aviv. Sky’s group [...]
Billionaire Anders Povlsen to back p2p lender Funding Circle IPO September 1, 2018 One of Britain's biggest landowners is set to buy a shareholding in peer-to-peer lending platform Funding Circle when it floats this Autumn. Danish billionaire Anders Povlsen who also owns stakes in fashion retailers ASOS and Zalando, will buy at least 10 per cent of the company up to a value of £1.65bn, Sky News reported. Read more: The [...]
Giant bikini-clad Sadiq Khan balloon flies over London in response to baby Donald Trump blimp September 1, 2018 A giant bikini-clad balloon of London mayor Sadiq Khan was flown over the capital this morning. A crowdfunding campaign raised almost £60,000 for the stunt, which was in response to a similar balloon of Donald Trump wearing a nappy that was lifted when the US president visited the UK in July. Read more: Meet the [...]
The Tiki Revolution: Here’s our definitive guide to the best tiki bars in California September 1, 2018 To drive the Pacific Coast Highway is the stuff of bucket lists and dreams. On my 500-mile trip from San Francisco to San Diego, I seized the chance to not only to admire the Golden State’s majestic coastlines but also to indulge in an epic bar crawl. My itinerary included stopovers in towns that are [...]
Up the blockchain beanstalk in search of a golden goose August 31, 2018 Remember the tale of Jack and the Beanstalk, when the hero traded his very last asset – the valuable family cow – for a handful of magic beans, and by some miracle of climbing the resulting beanstalk he ended up living happily ever after, thanks to proceeds from a bag of gold, a golden goose, [...]
Claim-hit Wonga stops taking loan applications as it ‘considers its options’ August 30, 2018 Wonga appeared to be on the verge of folding this morning, as it made the decision to stop taking new loan applications. The payday lender told customers that it “continues to assess its options” in the wake of a huge number of compensation claims that led to shareholders providing an emergency £10m earlier this month. [...]
Africa needs fintech – but fintech needs Africa more August 30, 2018 What a difference a couple of decades make. At the turn of the century, Tony Blair remarked that “the state of Africa is a scar on the conscience of the world”. This week, on her first official visit to the continent, Theresa May embraced a new vision of optimism and hope. Read more: Theresa May [...]