Pharmaceutical group GSK has been granted breakthrough therapy designation by the US Food and Drug Administration (FDA) for a key lung cancer treatment. The breakthrough therapy designation is designed to …
Retirement Planning
Gran Tierra Energy pounces on i3 Energy in £175m deal
Oil producer Gran Tierra Energy has announced a £175m deal to acquire its London-listed peer i3 Energy. Under the terms of the deal, which was announced in the early hours …
Maritime surveillance firm Windward narrows losses as global trade rebounds
Maritime surveillance firm Windward said half-year losses narrowed by two-thirds as demand for its products increased significantly amid a rebound in global trade. Earnings before interest, taxation, depreciation and amortisation …
H&T: Profit jumps due to ‘ongoing constraint in the supply’ of short-term loans
The UK’s largest pawnbroker and short-term loan business, H&T, announced a double-digit profit jump in the first half of the year as Brits showed no sign of reining in loan …
Diversified Energy: FTSE 250 firm stumps up £52m for Texas natural gas field
Oil and gas site owner Diversified Energy Company has bought several operated natural gas wells located within East Texas for $68m (£52.3m). The FTSE 250 firm bought the assets from …
Is Google a monopoly? Sort of, but that’s the free market
How about a little trust in the dynamism of the free market? Writes Matthew Feeney An American federal court recently hit Google with a huge blow in one of the …
University spinouts could be the answer to the UK’s growth problem
University spinouts are vital to retain the UK’s innovation crown, writes Simon Bumfrey, tech chief at HSBC Innovation Banking UK The UK’s innovation economy remains the envy of Europe with …
The Notebook: So, when does Labour actually become pro-business?
Where the City’s movers and shakers have their say. Today, it’s Michael Martins, founding partner at Overton Advisory, with the notebook pen, asking Labour to start walking the walk when …
UK on track for record number of new company creations in 2024
The UK is on track for a record year of new company creations in 2024, new data suggests, in a positive sign for the country’s economic prospects. There were a …
Analysts ‘sceptical’ about Flutter’s £2bn bid for Playtech’s Italian arm
Flutter Entertainment’s potential £2bn swoop on Italian betting firm Snaitech, the consumer division of ‘white label’ gambling technology provider Playtech, has left some analysts unconvinced. Playtech has granted a period …