City-headquartered law firm Mishcon de Reya has launched an investigation into a potential group legal action against energy company Drax Group over allegations of greenwashing. The law firm is looking …
Investing
Footasylum hails ‘record-breaking’ year as sales pass £300m
Footasylum has hailed a “record-breaking” year which saw its sales pass the £300m mark. The Rochdale-headquartered company has reported a revenue of £320m for the year to January 27, 2024, …
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected
Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m. The scheme will involve more than 50 stations with the …
Clearbank appoints former SVB Europe risk head as UK chief executive
Clearbank has named Emma Hagan, formerly chief risk officer of Silicon Valley Bank Europe, as its new UK chief executive. The fintech clearing bank said the newly established role was …
FTSE 100 live: London markets move higher powered by Haleon and Ocado
London’s FTSE indexes moved higher in a busy morning of corporate results with major risers and fallers at both ends of the blue-chip index. The FTSE 100 climbed 0.26 per …
Blockchain access added to $3.8bn private markets fund
Sygnum Bank, Hamilton Lane, and Apex Group have launched a cross-industry project to expand access to private markets using blockchain. The groups have launched a new share class registered on …
Meet the company using AI to solve the nation’s office-induced back pain
Shane Lowe and Alex Haslehurst launched Virtue Health – a digital musculoskeletal (MSK) health platform – back in 2019 with a plan to change the workplace. How do you prevent …
London Stock Exchange owner: ‘Encouraging’ signs of listings revival after historic slump
The owner of the London Stock Exchange, LSEG, said today it was seeing an “encouraging IPO pipeline” for the year ahead today as it looks to rebound from a historic …
Silverbullet slashes losses as switch to AI by global giants boost sales
AI firm Silverbullet slashed its losses and saw its revenue surge during 2023 thanks to a major shift by global brands. The London-based company has said its total group revenue …
Drax bumps up dividend as pellet-burning fuels bumper profit
Power generation firm Drax has shrugged off a run of bad public relations showings to post a bumper set of 2023 results. Adjusted earnings before interest, taxes, depreciation, and amortisation …