One of Russia’s top food retailers has cancelled its London listing, more than two years after Moscow’s war in Ukraine led to an exodus of firms from the UK. O’Key …
June 2024
Revolut adds ‘Revpoints’ and financial market trading tools as it bids to become money super app
Revolut has announced a series of updates and product launches as the fintech seeks to diversify its revenue streams and establish itself as a super app. On Tuesday, Revolut announced …
London-listed Litigation Capital Management appoints veteran accountant as CFO
London listed-Litigation Capital Management (LCM) has appointed David Collins as its new chief financial officer, as Mary Gangemi is set to resign. Collins is a chartered accountant, having started his …
House of St Barnabas liquidators begin hunt for buyer
The liquidators managing the collapse of The House of St Barnabas (HOSB) have kicked off their hunt for a buyer for its historic Greek Street address six months after the …
Labour’s private equity tax raid will avoid bosses who risk their own cash
A Labour government would allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves …
Oxford Biomedica issues new shares to secure a £17m investment
Cell and gene therapy company Oxford Biomedica has announced a near £17m investment which will see it issue new shares to the London Stock Exchange. The firm will issue more …
Stablecoin Issuers Are Becoming Major Holders of US Debt
Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. If stablecoin …
Aston Martin supplier Surface Transforms delays results again amid share price woes
Surface Transforms, a specialist brakes manufacturer for the likes of Aston Martin and Lamborghini, has announced further delays to the publication of its full-year results. The Knowlsey-based firm said it …
Premier Inn owner Whitbread hails improved Germany sales as London bookings falter
Premier Inn and Beefeater owner Whitbread saw sales at its German hotels improve slightly, partially offsetting its stagnant occupancy rates in the UK. The Bedfordshire-headquartered group grew its total sales …
Advanced Energy pulls out of XP Power pursuit
US semiconductor firm Advanced Energy has announced it’s no longer interested in XP Power after the London-listed firm rejected three proposals from the US firm. Advanced Energy confirmed in a …