Inflation, cost-of-living pressures and a steep hike in alcohol duty contributed to a difficult environment for AIM-listed Distil last year, its latest financial results show. Don Goulding, chair of the…
Starling Bank has posted its third full year of profitability as the digital-only lender grew its customer base and reaped the benefits of higher interest rates ahead of a planned…
Wayve, the British artificial intelligence (AI) start-up that secured an investment of more than £800m recently, lost more than £40m during its latest financial year. The London-based company hit the…
City A.M. can reveal that London-based artificial intelligence firm Pri0r1ty AI is gearing up to float on the capital’s Aquis Exchange next month. The bootstrapped software company, pending regulatory clearance,…
Sofa retailer DFS Furniture has issued its second profit warning this year in the face of tricky Red Sea disruptions and weak consumer spend. Back in March, the popular upholstery…
Des Gunewardena, formerly one half of restaurant group D&D, has spoken for the first time about his acrimonious 2022 departure from the company he founded 18 years ago. Speaking to…
“I haven’t been wrestling crocodiles or anything,” grins Des Gunewardena, formerly one half of restaurant group D&D and one of the most recognisable men in British hospitality. He gestures at…
Special Opportunities REIT has pulled its IPO after falling short of its minimum fundraising target, scuppering the first stock market listing of a UK real estate investment trust in three…
The partnership between London’s businesses and universities is a key driver of economic growth and success, says Dr Diana Beech With the capital region home to the highest-skilled economy in…
The founder and chief executive of Cambridge-based microchip firm Paragraf has expressed his deep frustration with the current funding environment in the UK. Paragraf CEO Simon Thomas Speaking to City…