London tech startup Oriole Networks has secured £10m in a seed round to support its mission to speed up and reduce emissions involved in the training of artificial intelligence (AI) …
Investing
British tech firm Nanoco plans to buyback half of its shares following Samsung settlement
British nanotechnology company Nanoco has swung to a profit after shipping its first commercial orders and settling a major intellectual property (IP) lawsuit with Samsung. Nanoco recorded an operating profit …
Morrisons: Debt-laden grocer records strongest sales growth in three years
Supermarket Morrisons has reported its strongest like-for-like sales in over three years, helped by competitive pricing strategies. Morrisons recently lost its spot as the UK’s fourth-largest grocer to Aldi, as …
What’s On In London In April 2024
Spring has officially sprung in London, and while the weather is taking a little while to reflect it, Central London Alliance has pulled together a wide variety of exhibitions, shows …
CBI boss warns looming minimum wage increase may stoke inflation
April’s increase in the minimum wage could reignite inflationary pressures as firms are forced to pass on higher costs to consumers, the Confederation of British Industry (CBI) warned today. The …
Illiquid assets in higher demand from institutional investors
The popularity of illiquid assets has spiked in recent years, and more institutional investors than ever are looking to put money in the asset class. Illiquid assets cover a range …
Pearly Queen is the coolest spot in Shoreditch for oysters and fizz
Had you asked me what Shoreditch was missing, I probably wouldn’t have said ‘another oyster restaurant’ – but sometimes you don’t know what you want until you’re sitting in it …
Diploma shares hit all-time high after distributor inks £236m deal to buy US firm
Shares in Diploma have surged to an all-time high after the UK supplier of specialised technical products inked a deal to acquire US-based Peerless Aerospace Fastener for around £236m. The …
Tom Hayes: Court of Appeal upholds conviction of former Libor trader
The Court of Appeal has upheld the conviction of former Libor trader Tom Hayes today after he spent years in prison for rate-rigging. On Wednesday, Lord Justice Bean read out …
Pragmatic Semiconductor: How £500m chip maker is set to become UK’s largest
Pragmatic Semiconductor is set to become the UK’s largest chip manufacturer by volume following the opening of a major line in the North East of England. The Cambridge-based manufacturer of …