The next government should seek an “ambitious and wide-ranging” review of the UK’s relationship with the European Union (EU) as part of a wider strategy of boosting growth, a leading …
June 2024
Crafter’s Companion: Losses widen at company founded by Dragons’ Den star Sara Davis
Crafter’s Companion, which is owned by Dragons’ Den star Sara Davies, has seen its losses widen as the number of people tuning into TV shopping channels plummets. The business, which …
Tables turned? Cambridge pharma firm launches hostile bid for New York-listed peer
Cambridge-based Cycle Pharma has launched a $466m (£364m) hostile bid for its New York-listed competitor, Vanda Pharmaceuticals, in an unusual takeover attempt. The privately-owned rare diseases drug company has directly …
New data centre planned for London amid ‘significant lack of power’
Digital infrastructure investor Goldacre is set to fund a project that will see London gain one of the most powerful data centres in the country, as the industry races to keep …
Shares in Tennent’s and Magners maker C&C plunge as chief steps down over accounting errors
Shares in premium drinks company C&C Group sunk 12 per cent on Friday after it announced the immediate resignation of its chief executive in the wake of recent financial errors …
Safestay: More business travellers choosing hostels fails to boost chain’s profit
Losses have continued to mount for hostel chain Safestay, despite the company saying it had seen an increased number of business travellers checking in to its properties. The business, which …
Four Euro 2024 squad rules you probably didn’t know about
Nations must submit their final squads for Euro 2024 today, a week before the tournament kicks off in Germany. It isn’t as simple as naming his best 26 players, however, …
British tech giant Mike Lynch acquitted after 12-year legal battle
Mike Lynch, the former boss of software firm Autonomy, was acquitted on Thursday of all 15 charges of fraud linked to the $11.1bn sale of the company to Hewlett-Packard (HP) in …
House prices ‘static’ with interest rate cuts on the horizon
House prices in the UK remained relatively stable in May on strong wage growth and an improving picture for the wider economy, with interest rate cuts on the horizon. In …
Housing market on the mend as Bellway reports ‘robust’ spring trade
The housing market is on the mend, according to FTSE 250 housebuilder Bellway, which reported “robust” trade through the spring selling season. In a trading update covering the months between …