City financier Crispin Odey has launched legal proceedings in a London court against the Financial Times for alleged defamation. The claim was filed at the High Court on Wednesday, and …
May 2024
Raine Group and Deloitte to advise on sale of Hundred teams
The ECB will be advised by the Raine Group and Deloitte over the sale of Hundred teams to private investment. Stakes in each of the eight teams will become an …
Lloyd’s of London investor Helios Underwriting hikes shareholder returns as profit jumps
Helios Underwriting has reported a jump in gross written premium and profit thanks to the buoyant insurance environment. The firm, which bills itself as the only publicly traded company that …
Clarks slips into the red despite sales stepping towards £1bn
Clarks fell to a loss of almost £40m in 2023 despite its revenue increasing to almost £1bn during the year, it has been revealed. The historic Somerset-headquartered company has reported …
Uni BUCS 7s bonanza in London will be Team GB selector event
Rugby player development in the United Kingdom is heavily skewed towards the academies of existing clubs; their resources are often the key factor in being able to nurture talent. But …
Software Circle snaps up tech firm Be The Brand Experience in £3.5m deal
Software Circle, a London-listed technology company with a reputation for snapping up smaller firms, has added digital assets manager Be The Brand Experience to its growing list of acquisitions. The …
De La Rue shares jump as orders grow and group edges closer to sale
Shares in banknote printer De La Rue jumped five per cent in early deals this morning after the company responsible for printing the UK’s money edged closer to the sale …
General Election 2024: Business group calls for closer post-Brexit ties with EU
A leading business group has called on the next government to forge closer ties with the European Union (EU) to help boost trade and lift growth. In a five-point manifesto, …
You couldn’t make it up: Thames Water wins regulator’s innovation competition
Thames Water, the embattled utilities outfit currently losing more than 600m litres worth of water every day and which has pumped more than 72bn-litres-worth of untreated sewage into the Thames …
Amazon ramps up presence in takeaway market with Grubhub partnership
Amazon customers in the US can now order takeaway deliveries from Grubhub without leaving the tech giant’s app. The state side deal is part of a deepening relationship between the …