American private equity giant Blackstone has reportedly been finalising a revised proposal to buy Hipgnosis Songs Fund (HSF) over the weekend. Blackstone is gearing up to submit a bigger bid for …
Estate Planning
Former Barclays boss Bob Diamond set to chair Tiktok rival Triller
Former Barclays boss Bob Diamond is set to chair a social media startup challenging Tiktok’s dominance. Diamond’s move to video platform startup Triller, which artists such as Snoop Dogg, The …
Storm in a spinning teacup: Butlin’s sues Aviva over definition of flooding
Butlin’s is suing Aviva over the definition of a storm after serious flooding meant it had to shut its largest resort, which resulted in a bill of £60m. The family-owned …
Microsoft’s UK revenue soars on success of cloud storage services
Microsoft’s UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings. Microsoft said its sales growth was due to an escalating …
Gig economy: O2 Arena posts record revenue
The O2 Arena is regularly the stage of choice for rappers and singers, and its lyrics brag about the trappings of their luxurious lives. But this week numbers out from …
Canary Wharf put £150m toward refurb in deal that kept Morgan Stanley
The landlord responsible for Canary Wharf agreed to contribute £150m to the refurbishment of Morgan Stanley’s European headquarters as part of the deal that kept the US bank in the …
Travelodge owner looks to buy £40m of landlord hotels amid sale speculation
The owners of Travelodge are in talks to buy up millions of pounds worth of hotels from their landlords, fuelling speculation the business could be sold. US-based Goldentree Asset Management …
Will Jacks bids for England T20 World Cup selection with stunning century
Will Jacks hit a 41-ball century for the Royal Challengers Bengaluru in the Indian Premier League, helping his side to seal a win over Gujarat Titans. The stunning feat by …
Monzo set to finalise new £500m fundraising in deal with top tech investor
Digital bank Monzo is in the process of finalising a new expanded fundraising with major tech investor Hedosophia, according to reports, in one of the largest fundraising rounds achieved by …
Rolls-Royce cuts down plans to build UK nuclear factories amid delays
Rolls-Royce has reportedly scaled down plans to build new mini nuclear reactors in the UK, following delays to a government design competition. The engineering giant had planned to build factories …