Rupert Murdoch’s Fox Corporation is set to launch its ad-supported free streaming service, Tubi, in the UK. Headquartered in San Francisco, Tubi is currently available in the US, Canada and …
Personal Finance
Shoe Zone shares plunge as firm issues profit warning
Shoe Zone has lowered its profit forecast after it said weaker demand for its products plus the soaring cost of shipping had compounded an already challenging trading environment. The London-listed …
Lloyd’s chair slams plans for Shard-height skyscraper next to Leadenhall Market
The chairman of insurance giant Lloyd’s of London has made a last-ditch bid to prevent the now-vacant Aviva building near Leadenhall Market being redeveloped into a new 73-story skyscraper. The …
Kitwave sees profit slide despite uptick in revenue
Kitwave Group, a wholesale delivery business listed on the AIM market, has blamed falling demand at its foodservice and hospitality division for a drop in profit. The results, the first …
BATM: Tech firm partners with mystery defence group to target global markets
Tech firm BATM Advanced Communications has entered a partnership with a mystery technology and defence group in a move the company says will allow it to sell its advanced cybersecurity …
Revolut books record profit on higher interest rates and surge in users
Revolut has swung to a record annual profit and nearly doubled its revenue for 2023 as the fintech filed its first timely set of results in years. The London-based banking …
‘Nobel prize of engineering’ finalist Sunamp to raise Series B as it mulls public offering
An innovative battery firm nominated for the “Nobel Prize of Engineering” is set to raise a Series B funding round in a few months, with a future IPO becoming an …
Sainsbury’s one hour delivery boosts supermarket’s food sales
Sainsbury’s food sales have continued to grow with the supermarket gaining a boost from its one hour grocery delivery service and its Aldi price match scheme. The London-listed group, which …
Brits flock to cash ISAs as tax hikes bite
Savers have continued to funnel their money into cash ISAs in a bid to avoid higher taxes following frozen thresholds, new Bank of England figures have revealed. Households deposited £4.2bn …
Private fund manager Mercia Asset Management gears up for boost from Mansion House Compact
Mercia Asset Management has said it plans to reclassify as a trading company and cease to be an investing company as the firm focuses on its profitable funds under management …