Climate tech company Cultivo has raised $14m (£11m) in a series A funding round co-led by Massmutual Ventures and Octopus Energy Generation. Former Bank of England governor Mark Carney sits …
Investing
Pets at Home issues profit warning after retail sales stall
Pets at Home has warned its profits will not be as high as previously forecast after its retail sales faulted. The Cheshire-headquartered group said that while its third quarter saw …
Diversified Energy shares continue slide as well clean-up bill grows
Stronger production outflows, an asset yard sale and environmental promises have done little to pull up London-listed oil and gas well owner Diversified Energy continually flagging share price. The company, …
Speedy Hire warns on profits despite ‘resilient’ performance
Speedy Hire has issued a profit warning despite it performing “resiliently in the face of cost inflation and macroeconomic uncertainty” The Newton-le-Willows-headquartered company said it has been impacted by “weakness …
Saga surges towards profit in ‘stronger than expected’ six months
Over 50s specialist Saga reported a “stronger than expected” six months this morning after announcing last week that it was looking to sell a stake in its cruise business to …
Landmark Hilton hotel creates almost 140 jobs but losses widen
Almost 140 jobs were created by the company behind the Hilton hotel in Manchester’s iconic Beetham Tower as it continued to recover from the Covid-19 pandemic, newly-filed documents have revealed. …
Why one San Fran fintech snubbed Nasdaq for the London Stock Exchange
Boku is a San-Francisco founded fintech that bucked the trend to float in London in 2017. Charlie Conchie asks its new chief how life has been on the beleaguered London …
Shop price inflation drops as supermarkets slash costs
Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices. A new reading by the British Retail Consortium (BRC) showed shop price …
With failure came great success, says Carmoola founder and CEO
Aidan Rushby can still remember the guilt he felt the day he told investors he was no longer in it for the long run. Carefully drafting a letter to shareholders, …
Tourist Tax: M&S and Primark urge Jeremy Hunt to ‘think again’ as £11.1bn wiped of GDP
Business leaders are piling fresh pressure on the government to scrap its controversial tourist tax as data shows it is eating away at the UK’s GDP and banishing international visitors. …