With how essential venture capital is to the UK economy, why isn’t the government running its own VC funds? A paper published earlier this month from the National Bureau of …
Retirement Planning
Magic circle Clifford Chance equity partners pocket over £2m
Magic circle law firm Clifford Chance’s revenue had double-digit growth as it reports its highest rate of revenue increase since 2017, with the firm tipping this to its investment in …
A King’s windfall: Turbines help Crown Estate to record payday. Here’s how much King Charles gets
King Charles is in line for a bumper £45m pay rise, a 50 per cent increase on last year’s packet, thanks to sky-high profit booked by the Crown Estate. The …
Mounting fears over mouldy homes boosts Volution’s revenue
Air quality services supplier Volution has seen its revenue jump as concerns over the health impact of living in mouldy homes drove strong demand for refurbishments and home improvements. The London-listed …
Christian Dior hails ‘great strength’ despite luxury slowdown hitting UK profit
The UK arm of Christian Dior has said it showed “great strength” in the face of “continued economic and political volatility” which saw its profit dip during 2023. The luxury …
French police swoop to thwart attempt to sabotage Paris 2024 Olympics
French police have detained a Russian man on suspicion of trying to disrupt the Paris 2024 Olympic Games, which begin this week. Prosecutors said the 40-year-old was accused of intending …
Greencoat UK Wind shrugs off slow winds with ambitious share buyback scheme
Greencoat UK Wind has pushed ahead with an ambitious share buyback programme, even as the trust struggles with low wind speeds and falling electricity prices. In the trust’s half-year results, …
Hewlett-Packard: Cost cutting boosts HP profit but UK sales slip further away from £1bn mark
Revenue at the UK arm of Hewlett-Packard (HP) slipped further away from the £1bn mark during its latest financial year while a range of cost reduction measures boosted its profit. …
Grainger snaps up Manchester landmark in £31m deal
Residential property giant Grainger has snapped up a £31m build-to-rent landmark located in one of Manchester’s most thriving neighbourhoods. The UK’s largest listed landlord said the purchase of The Astley …
UK growth set to continue as manufacturing PMI climbs to two year high
The economy’s strong performance so far in 2024 looks set to continue thanks to the continued recovery of the manufacturing sector, a closely watched survey suggests. S&P’s ‘flash’ purchasing managers’s …