Business hub London creates property boom September 25, 2014 PROPERTY FIRM of the year As London prices continue to rise, defying fears that the bubble is about to burst, property companies have seen a period of huge growth. Our shortlist, which was very tough to choose, includes companies such as the Berkeley Group and Workspace, which have seen their profits soar in the past [...]
Workspace gets boost from UK’s property boom June 4, 2014 SMALL business landlord Workspace smashed forecasts yesterday after reporting a 43 per cent jump in net asset value thanks to rising rents and a jump in the value of its properties. The real estate investment trust (Reit), which provides trendy office space for small to medium-sized creative businesses such as Moonpig, said its net asset [...]
Workspace site gets go-ahead April 2, 2014 SMALL business landlord Workspace has won planning consent for the second phase of its redevelopment of the Filaments site in Wandsworth. The 20-storey scheme will create 77 flats and 18,000 square feet of new office space for the group, which leases space to companies like Moonpig and White Stuff. The first phase is already underway [...]
Publicis Groupe to boost UK services with London ad firm September 19, 2013 PUBLICIS Groupe, the French advertising giant, bought London-based digital creative agency Poke yesterday for an undisclosed sum. Publicis worldwide executive chairman, Jean-Yves Naouri, said the acquisition would help boost the group’s UK services. “This acquisition will further strengthen our Publicis UK offering by adding a new level of digital expertise, creativity and innovation to the [...]
Printing site PhotoBox snaps up London-based Instagram firm June 28, 2013 THE COMPANY behind the PhotoBox online printers and the Moonpig greeting cards website has acquired StickyGram, a service that allows Instagram’s 130m users to turn their creations into fridge magnets. London-based PhotoBox Group, which was created in 2011 when PhotoBox and Moonpig merged, will announce the deal today. It has not disclosed how much it [...]
Moonpig signs off year with jump in profits November 25, 2012 MOONPIG.COM, the online greetings card company, reported a 20 per cent rise in sales last year driven by growth at both its core and personalised card divisions. The internet retailer, founded 12 years ago by ex-commodities trader Nick Jenkins, said sales rose £7m to £45.8m in the year to 30 April. Profits jumped 10 per [...]
Moonpig walks off with M&A prize after its sale to Photobox June 7, 2012 The Capitalist can sense a congratulations card coming on. Moonpig scored a triumph at the recent Vitesse Media M&A awards as its sale qualified it for the Large Company Deal of the Year. The online greetings card business won the award after its £120m sale to Photobox. While the judging panel commended company founder Nick [...]
What the other papers say this morning November 12, 2012 FINANCIAL TIMES Nissan hits back at tax critics Nissan yesterday became the latest company to face scrutiny over its tax affairs after it was revealed that Britain’s biggest carmaker avoided millions in corporation tax every year by selling vehicles through a Swiss company that manages its European operation. The company hit back at the criticism, [...]
Workspace plans Tower Bridge building as pre-tax profits soar November 13, 2012 WORKSPACE yesterday posted better-than-expected half year results, driven by strong tenant demand for its trendy London office space and its focus on asset management. The company, which provides offices to some 4,000 businesses such as Moonpig, as well as the Metropolitan Police, became a stock market darling after posting stellar annual results in May and [...]
Moonpig founder to head Ark September 29, 2011 JUST a month after collecting a paper windfall of up to £40m from the sale Moonpig, Nick Jenkins has been named chief executive of charity Ark. The millionaire former Glencore commodities trader will be tasked with developing relationships with philanthropists to fund Ark’s programmes in Southern Africa, Eastern Europe, the UK and India. Jenkins has [...]