Foresight venture capital trusts make 10 times return on spectroscopy firm sale March 12, 2024 The group has been soled to an unnamed American investor for £11.2m, more than 10 times what the VCTs paid for it in 2015.
Old Mutual expects up to 45 per cent jump in profit on ‘exceptional growth’ in new business March 12, 2024 Pan-African financial services group Old Mutual has said it saw profits surge as much as 45 per cent last year due to “exceptional growth” in new business.
Businesses Host 280 Female Students To Shine a Light on Careers in The City March 12, 2024 Last week the Square Mile hosted 280 young people for We Can Be 2024, allowing them to gain an exclusive glimpse into some of The City’s most prominent businesses. Part of The Lord Mayor’s Appeal’s aim to create A Better City For All, the annual initiative matches 18 schools from London and Suffolk with 18 [...]
Cashplus: Digital challenger to rebrand as Zempler Bank this summer March 12, 2024 Challenger bank Cashplus will rebrand as Zempler Bank this summer to reflect its range of digital products and authorisation as a bank.
Silicon Valley Bank one year on: Is another banking crisis around the corner? March 12, 2024 One year on from the collapse of Silicon Valley Bank - could another crisis be around the corner?
Oscars 2024: Oppenheimer helps ITV trump Sky’s coverage last year with peak of 1.1m UK viewers March 11, 2024 ITV's airing of the Oscars 2024 awards drew in more than double the number of viewers that Sky saw across all its channels last year.
Will Hunt’s tax changes push non-doms out of London? March 11, 2024 Non-doms, or non-domiciles, are people who live in the UK and pay tax on UK earnings whilst maintaining a primary home overseas.
Winter half term helps Heathrow to record February flyers as Brits seek sun March 11, 2024 A record number of passengers flew from Heathrow in February with travellers seeking out the sun over the winter half term.
Loopup: Stock price crashes after cancelling listing to benefit from private markets boom March 11, 2024 Loopup estimated that it needs to raise around £9m, to pay off its £6m in debts and to continue growing its cloud telephony business.
UK set for recession rebound as growth returns, GDP figures expected to show March 11, 2024 Rob Wood, chief UK economist at Pantheon Macroeconomics, said last year's minor recession was "already disappearing in the rear-view mirror".