Investing

London-based artificial intelligence (AI) startup Quantexa‘s valuation has jumped to more than £2bn following a new round of funding. The firm, which uses AI to interpret data sets and help…

Brits spent almost £1bn on flowers, gifts, and at-home meals this Valentine’s Day as shoppers sought to create a special occasion at home rather than splashing out at a restaurant.…

Lord Alan Sugar has sold his entire stake in engineering and technology recruitment agency which he has backed for more than four years. Hernshead Group was set up by Tom…

Shares in Galliford Try rose nearly eight per cent in early trades after the company reported a double-digit jump in revenue. Revenue increased 12.7 per cent to £923.2m in the…

Jollyes has sunk further into the red despite its sales continuing to surge as it attempts to increase its rivalry with Pets at Home. The company has posted a pre-tax…

The Chancellor Rachel Reeves is preparing to announce “major measures” including substantial spending cuts to a number of government departments – including welfare – in the Spring Statement.  According to…

Asset management firm Quilter has reported a 17 per cent rise in adjusted profit to £196m for 2024, alongside a two-percentage-point improvement in its operating margin to 29 per cent.…

London’s biggest letting agent, Foxtons, has raised its final dividend by 30 per cent after double-digit revenue growth. The company’s growth was driven by sales rather than lettings in the year…

Construction materials firm Breedon Group has acquired US-based Lionmark for £187m as it continues to expand its presence across the Atlantic. Chief executive Rob Wood said he expected the takeover…

Flutter Entertainment, the world’s largest online sports betting and gaming operator, has reported an uptick in revenue and earnings despite setbacks from unfavourable sports outcomes. The company’s revenue jumped 14…