The co-founders and chief executive of Boohoo received a £1m bonus despite the fast fashion giant’s losses swelling to almost £160m during its latest financial year. Co-founders Mahmud Kamani and …
May 2024
Pressure on as competition watchdog launches investigation into UK vet industry
The competition watchdog said it would press ahead with an investigation into the UK’s vet industry following concerns pet owners are not getting value for money. On Thursday, the Competition …
Bytes Technology raises dividend as it looks to turn page on scandal
Scandal-stricken Bytes Technology Group has posted solid results due to demand for its IT services. It has also raised its dividend as it looks to woo investors after its former …
Election 2024: The seven talking points that will make you sound smarter this weekend
The general election is upon us, set in stone for July 4, the date announced by Rishi Sunak on the steps of Downing Street. The prevailing narrative is that Rishi …
Wizz Air swings to profit on record 62m passengers despite cocktail of challenges
Wizz Air swung to profit last year as resurgent travel demand helped offset a string of challenges including supply chain issues and conflict in the Middle East. The Hungarian low-cost …
Sabre: Insurance group back on track after difficult 2023
Personal line insurer Sabre Group benefited from a substantial uptick in fortunes at the start of this year thanks to a blistering performance from its motor vehicle insurance division. The …
Cohort: Ukraine and Middle East conflicts drive record orders for defence firm
Defence technology company Cohort received record orders last year, driven by ongoing conflicts in Ukraine and the Middle East. The firm, which owns SEA and surveillance business Chess, closed the …
Goldman-backed Petershill sees private equity activity picking up
Dealmaking activity has recovered slightly in the first half of this year. However, the delay in interest rate cuts has complicated matters, partners at Goldman-backed private equity house Petershill Partners …
David Beckham-backed Lunaz restarts after administration and job cuts
Lunaz, the electric car company backed by David Beckham which collapsed into administration earlier this year, has completed a restructure and restarted production. The Silverstone-based business will continue to electrify …
How to use AI to boost your chances of start-up success
In this ‘how to’ guide, Ambition A.M. takes a look at how you can use AI to your advantage as a small business owner, whether it be to scale your …