Ferrari Dino ‘Evo’ review: This modified Italian stallion is a £300,000 delight June 3, 2019 Ferraris are works of automotive art, says conventional wisdom; modifying one is like daubing Dulux on the Sistine Chapel. Not that Kevin O’Rourke seems concerned. His Ferrari Dino ‘Evo’ will be among the star cars at London Concours tomorrow and Thursday, while another Dino built by his company, Mototechnique – the 400hp, F40-engined ‘Monza’ – [...]
The markets a week on from the worst European election results in Tory history June 3, 2019 While the pound begins to recover from the European election results, Bitcoin hits a new 2019 high. By Monday 27 April, the results of the European Parliament election had a clear implication for the UK: the incumbent government has lost the support of the public. It was the lowest share of the vote the Conservatives [...]
Sweden will not detain Wikileaks founder Julian Assange after court declines prosecutors’ request June 3, 2019 A Swedish court has declined to detain Wikileaks founder Julian Assange today, making it impossible for prosecutors to demand extradition from the UK. Assange, who is facing rape charges in Sweden, is currently serving a year-long sentence in the UK for skipping bail by hiding in the Ecuadorian Embassy for seven years. Read more: Assange ‘too [...]
Axel Springer doubles stake in FTSE struggler Purplebricks June 3, 2019 A major backer of Purplebricks has doubled its stake in the online estate agency, as the group battles to shore up investor confidence following the departure of its chief executive last month. Read more: Purplebricks beaten black and blue as shares enter freefall Global media group Axel Springer upped its stake in the group from [...]
Shares in Kcom jump as it backs £563m Macquarie takeover bid June 3, 2019 Shares in Hull-based broadband firm Kcom have jumped more than 12 per cent after it unveiled a £563m takeover bid from investment bank Macquarie. Kcom’s board had last month said it backed an offer of 97p per share from the trustees of the Universities Superannuation Scheme (USS) pension fund. Read more: Shares in telecoms firm Kcom [...]
Law firm DWF announces revenue bump in first results since listing June 3, 2019 Law firm DWF said today it grew revenue 15 per cent in 2019 in its first trading update since it went public in March. DWF became the first law firm to float on the main market of the London Stock Exchange, raising £95m in a listing that valued the business at £366m. The firm said [...]
John Myers: a radio giant June 3, 2019 When I heard that John Myers had died unexpectedly, I felt more than the usual range of regretful emotions. It’s a sad fact of life that friends pass away; and sometimes they do so suddenly. We are shocked and sad and full of memories, but there was something different about this one. I was shaken, [...]
London Stock Exchange acquires ESG data provider Beyond Ratings to boost sustainable finance offering June 3, 2019 London Stock Exchange has acquired ethical and sustainable data provider Beyond Ratings in a bid to grow its information services business. The deal will allow LSE to grow its capabilities around sustainable finance and further support clients through its data, the company said. Beyond Ratings, which provides environmental, social and governance (ESG) data for fixed [...]
London investor Dawn Capital leads $11m series A fundraise in tech firm Onna June 3, 2019 London venture capital firm Dawn Capital led a $11m series A funding round in data management platform Onna, which provides software to customers such as Facebook, Dropbox and Fitbit. The round was supported by Dropbox, Slack Fund and existing early investor Nauta Capital, and the funding will be used to grow Onna’s central information access [...]
Boris Johnson officially launches Tory leadership campaign as Donald Trump lands in the UK June 3, 2019 Boris Johnson has officially launched his campaign to become the next Tory leader as US President Donald Trump lands in the UK. Johnson, who remains the bookies’ favourite to become the next Prime Minister, released a campaign launch video this morning and said it was “time to deliver Brexit and unite our fantastic country.” Read [...]