Troubled Revolution Bars is close to finalising around £10m of emergency funding that would provide a stay of execution as it draws up plans that would result in the closure …
Retirement Planning
Venture Capital Trust fundraising at third highest ever amid 18 per cent drop
Venture Capital Trusts (VCTs) raised £882m this tax year, data from the Association of Investment Companies revealed, an 18 per cent drop from last year. The tax year, which ended …
International Paper set to announce formal £5bn-plus offer for DS Smith
The US firm vying to acquire FTSE 100 packaging firm DS Smith is reportedly close to announcing a formal offer for the company worth more than £5bn amid a brewing …
Lime pledges £25m London investment after record growth
E-scooter start-up Lime has pledged to invest millions more in London after a record setting year for ride numbers and bookings. Some 156m trips were taken on Lime’s e-bikes and …
Abrdn boss cries ‘corporate bullying’ over name mocking
Abrdn’s chief investment officer has complained that the company is facing “corporate bullying” by the media due to its name. In an interview with Financial News, Peter Branner said that …
London fintech vacancies rise 88 per cent as banks look to stay ahead of curve
Tech vacancies in London’s financial services sector have soared over the past year as traditional and challenger banks vie to keep up with the latest technological advances and outpace their …
Everton handed another points deduction as Premier League relegation fears deepen
Everton have been docked two more points after being found guilty of a further breach of the Premier League’s profit and sustainability rules (PRSs). The decision, which relates to a …
Jaguar Land Rover shrugs off China slump as UK and North America sales surge
Jaguar Land Rover has reported a near quarter rise in full-year sales amid “sustained global demand” and improved production. The carmaker, a subsidiary of India’s Tata Motors, sold 431,733 vehicles …
Betting and Gaming Council drafts in former Entain boss who rallied against ‘problem gambling’ as chief
The Betting and Gaming Council (BGC) has appointed the former director of corporate affairs at Entain as its new chief executive. Grainne Hurst, who has spent nearly a decade at …
Bank of friends and family: First-time buyers more reliant on help to get on housing ladder
First-time buyers are becoming ever more reliant on help from family and friends to get onto the housing ladder as growth in house prices has outstripped earnings for the last …