Mike Ashley’s Frasers Group, which owns the likes of House of Fraser and Sports Direct, has launched a new share buyback programme of up to £80m. The retail giant, which …
June 2024
Atom Bank notches first annual pretax profit after surge in mortgage lending
Atom Bank has become the latest UK digital lender to swing to its first annual pretax profit, with the group benefiting from higher interest rates and a jump in mortgage …
Formula 1 is coming to London this summer… sort of
Formula 1 will head to London for the first time this summer, in the form of its exhibition, at the ExCeL Centre in the east of the capital. The Formula …
Aoti: US healthcare firm raises £35m in London IPO
US healthcare group Aoti has raised £35.1m from its initial public offering (IPO) on London’s AIM sub-market, which it said will give it a market capitalisation of roughly £140m. The …
Ashtead’s profit hits record as rumours swirl on London exit
Ashtead has reported record full-year revenue and profit as rumours continue to swirl over a potential switch from London to New York’s stock market. The FTSE 100 giant, which rents …
Telecom Plus lays out plans to double customer numbers as profit surges
Telecom Plus has hailed another record year of profit and customer growth. For the year ending 31 March 2024, the company reported organic customer growth of 14.1 per cent, leaving …
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m
A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding. CuspAI’s funding round was led by UK venture …
Recruitment firm SThree posts drop in fees as tech giants slash jobs
London-listed recruitment firm SThree has posted a drop in fees amid a “challenging backdrop” and mass global layoffs across the technology industry. The STEM-specialist recruiter reported a seven per cent …
An £8.1m sale headlines London’s most exclusive thoroughbred auction
The great and the good of global horse racing gathered in the grand surroundings of Kensington Palace Gardens yesterday for the Goffs London Sale, ahead of this week’s Royal Ascot …
Steven Finn: Reece Topley can play key role for England at T20 World Cup
Former international bowler Steven Finn has backed Reece Topley to play a key part in England’s bid to defend their T20 Cricket World Cup title in the Caribbean. England scraped …