London Metal Exchange back in court as Elliott seeks to appeal nickel case July 9, 2024 The London Metal Exchange is back in court this week as it seeks to defend against Elliott Investment Management's application to appeal the nickel case
Peacocks returns to the black after shedding hundreds of jobs July 9, 2024 Peacocks has clawed its way back to profit after shedding more than 1,400 jobs, newly-filed documents have revealed.
GoJoe: Fitness app gets cash injection worth £2.4m from Revolut and Just Eat investor July 9, 2024 Employee engagement and wellbeing app GoJoe has secured a cash injection worth more than £2m from the investor behind brands including Revolut, Just Eat and Charlotte Tilbury, as it looks to expand its corporate offering.
Magic circle Linklaters turnover hits record as US expansion pays off July 9, 2024 Law firm Linklaters' revenue has surpassed the £2bn mark for the first time as the firm credits deals and the expansion into the US
Nala: London fintech raises £31m for expansion beyond Africa July 9, 2024 London-based money transfer firm Nala has raised $40m (£31.2m) in funding to support its global expansion and enhance the reliability of payments to Africa.
Wes Streeting: NHS is now an ‘economic growth department’ in bid to address long-term sickness July 9, 2024 "This is no longer simply a project services department," he said. "This is an economic growth department. And the health of the nation and the health of the economy are inextricably linked."
Dyson to cut up to 1,000 jobs in the UK as firm looks to cut costs July 9, 2024 "We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future. As such, we are proposing changes to our organisation, which may result in redundancies,” chief executive Hanno Kirner said.
Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy July 9, 2024 Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to provide meaningful productivity boosts to the economy.
Lovehoney profit slashed in half as Brits cut back on adult toys July 9, 2024 Adult retailer Lovehoney has seen its profit slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown.
Savills: ‘Maturing’ build-to-rent market needs staggering £300bn to meet demand July 9, 2024 The build-to-rent sector needs a total of £300bn of investment if it is to meet future levels of demand even after the sector has begun to emerge as "a mainstream investment in the UK", Savills has warned.