GoJoe: Fitness app gets cash injection worth £2.4m from Revolut and Just Eat investor July 9, 2024 Employee engagement and wellbeing app GoJoe has secured a cash injection worth more than £2m from the investor behind brands including Revolut, Just Eat and Charlotte Tilbury, as it looks to expand its corporate offering.
Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
Liquidators of collapsed Arena Television launch lawsuit against British banks July 3, 2024 The liquidators of collapsed broadcaster Arena Television has launched a civil claim against Lloyds Bank and Bank of Scotland.
Labour candidate’s collapsed FX firm set to leave customers £13m out of pocket July 3, 2024 Customers of the collapsed payments firm owned by Labour candidate Rajesh Agrawal are set to recover as little as ten per cent of the £15m they lost when it folded into administration last year, administrators have revealed.
Banks, homebuilders and retailers in focus as London markets brace for Labour election victory June 30, 2024 The UK general election is in focus this week as investors brace for a widely expected Labour landslide that could share price moves across the FTSE 100.
TDR Capital seeks £2.5bn-plus sale of training business BPP June 30, 2024 British private equity giant TDR Capital is reportedly planning a £2.5bn-plus sale of professional training course business BPP.
Lunchtime favourite Island Poke sold out of administration June 27, 2024 London-based Hawaiian food chain Island Poke has been sold in a pre-pack administration to a subsidiary of hospitality incubator White Rabbit Fun
Labour candidate’s failed FX firm held £2.7m for company embroiled in bribery scandal June 27, 2024 The collapsed foreign exchange (FX) firm owned by Labour candidate and former deputy mayor of London, Rajesh Agrawal, was holding millions of pounds in cash for a Maltese company linked with a bribery scheme, City A.M. can reveal.
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
Octopus Energy-backed EV charging network Be.EV raises £55m June 26, 2024 EV charging network Be.EV, which is backed by Octopus Energy, has raised £55m from Natwest and Germany's KfW IPEX-Bank.