British Patient Capital, the venture capital subsidiary of UK government-owned British Business Bank, has announced it is pouring $50.8m (£40.6m) into venture capital firm Evolution Equity Partners. Sheffield-based British Partner Capital …
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Bottoms up: Central London set for a new rooftop bar as Maven Leisure raises £2m
London might be getting a new rooftop bar: Maven Leisure has announced plans to raise £2m to fund the opening of two drinking spots in central London. One is slated …
London Stock Exchange Group boss set for £7m pay rise as revolt fails to materialise
London Stock Exchange Group boss David Schwimmer will see his pay more than double to £13.2m this year after the firm saw off potential rebellion from investors at its annual …
Pinewood Technologies pivots to software after sale of legacy Pendragon business
Pinewood Technologies, formerly known as Pendragon, has posted its first results since its shift from motor dealership to software company. On Thursday, it reported revenue of £24.5m from its software …
US economy disappoints in first quarter of 2024 as growth slows far more than expected
The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest …
Watch: BP AGM thrown into chaos as climate and Palestine protesters arrested
The annual general meeting of UK fossil fuel supermajor BP has been upended in disquiet today by climate and Palestine protesters, some of whom were arrested. Videos shared by climate …
Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation
Trainline and Firstgroup shares fell this morning after Labour pledged to renationalise Britain’s railway network within a first term. Trainline was down nearly 10 per cent by early afternoon, while …
Watches & Wonders: All the latest from Rolex, Patek and the rest
Three weeks since the ribbon was cut on 2024’s edition of ‘Watches & Wonders’ trade show at Geneva’s Palexpo convention centre, we’re still reeling from what ticked and sparkled within… …
What do analysts think of BHP’s £31.1bn proposal for Anglo American?
The mining world is all aquiver this morning at talks of a potential mega-deal from BHP to buy up London-listed miner Anglo American. Metals miner Anglo has been seen as …
The hypnotic appeal of the tourbillon, from Seiko to Jaeger-LeCoultre
From Abraham-Louis Breguet’s first prototype in 1795 to the 1980s, watch experts reckon less than 1,000 ‘tourbillon’ watches were made. Today that figure is more like 3,000 to 3,500 per …