The Financial Conduct Authority (FCA) is coming under increasing pressure to block the listing of fast-fashion giant Shein due to concerns over the alleged use of forced labour in its …
Electric racing looks to make mark on status quo
The United States is motorsport mad: they live for Nascar and IndyCar and have recently adopted Formula 1 once again. This weekend the electric version of the world’s dominant motorsport, …
NIO Cocktails passes ownership to The Growth Foundation with new investment
NIO Cocktails has announced an undisclosed investment from specialist e-commerce consultant The Growth Foundation (TGF) as it looks to restructure operations and further expand its direct-to-consumer efforts. Under the restructuring, …
Where next for Liontrust?
Liontrust’s annual results this morning were yet another disappointment for the asset manager. The business finished last year with a £600,000 loss, a drastic turnaround from the £43.9m profit reported …
FTSE 250 private healthcare firm could see ‘increased demand’ under Labour
According to a leading broker, the UK’s second-largest private healthcare group could benefit if Labour wins the general election on 4 July, as the party vows to clear the NHS …
Octopus Energy-backed EV charging network Be.EV raises £55m
EV charging network Be.EV, which is backed by Octopus Energy, has raised £55m from Natwest and Germany’s KfW IPEX-Bank. The Manchester-based company said the funding would help it expand its …
Wimpy Restaurants’ Covid-19 recovery stalls as customers cut spending
The UK arm of fast food chain Wimpy Restaurants has seen its sales dip slightly after a strong couple of years of recovery from the Covid-19 lockdowns. Wimpy, which is …
Haleon: Sensodyne maker strikes £500m deal to sell major division
Haleon, the maker of Sensodyne toothpaste, has agreed a £500m deal to sell a major division outside of the US. The company, which has a dual listing in London and …
Blackstone checks in at Village Hotels as takeover announced
US private equity giant Blackstone has completed the acquisition of Village Hotels, it has been announced. Funds managed by Blackstone have snapped up the company from affiliates of KSL Capital Partners …
Rare copy of JK Rowling’s debut novel, Harry Potter and The Philosopher’s Stone, set to go under the hammer
A rare uncorrected proof copy of JK Rowling’s debut novel, Harry Potter and The Philosopher’s Stone, will be sold for thousands next month at the Historical Platinum auction event in …