Tourist tax means UK is missing out on £1bn ‘Brexit boost’, MPs warn September 7, 2023 Britain is missing out on a £1bn pound “Brexit boost” for as long as it fails to reinstate VAT-free shopping for international tourists, MPs have warned.
London fintech Soldo scoops up $61m in funding July 8, 2019 London-based business banking fintech firm Soldo has today closed a $61m (£48.7m) series B funding round, led by Battery Ventures. Battery joined the round as a new investor alongside Dawn Capital, and existing investors Accel and Connect Ventures. The venture capital firms have previously backed the likes of iZettle, Facebook and Slack. Soldo, which provides [...]
Checkout.com expands to new London headquarters as revenue surges October 9, 2019 Online payments startup Checkout.com is set to hire 100 members of staff and relocate to new Old Street offices as it unveiled a sharp rise in revenue for the year. The British fintech unicorn will triple its office space with a new 63,000 square feet location near the capital’s Silicon Valley roundabout, having outgrown its [...]
Street Soccer Foundation Football For Good Day at the London Stadium November 19, 2023 FOOTBALL FOR GOOD #FFG23 In a groundbreaking initiative, City AM proudly stands as the exclusive media partner for the Street Soccer Foundation’s latest endeavour – a testament to our commitment to social responsibility and community involvement. At the heart of this collaboration is a powerful cause: helping homeless and disadvantaged young people find a new [...]
Coronavirus dividend cuts produce £4.4bn hit to investor portfolios March 27, 2020 With more UK firms announcing coronavirus-fuelled dividend cuts this week, the total loss of investor income so far this year is now £4.4bn. The pace of dividend cuts is accelerating as coronavirus wreaks havoc on world economies. In March 116 companies have suspended their dividends totalling £4.2bn, according to investment fund AJ Bell. That compares [...]
‘The eyes of the world are on us:’ Boeing chief Dave Calhoun to depart in major top brass reshuffle March 25, 2024 Boeing's CEO is to step down as part of a major reshuffle, as the embattled US planemaker looks to recover from a one of the most crisis-hit periods in its history.
This is Sparta Global. This is tech talent’s future June 4, 2024 There’s a huge shortage of emerging and diverse talent in the UK’s tech sector, yet only 19% of UK tech workers are women, 30% lower than in all other jobs and only 15% are from ethnically diverse backgrounds, despite the sector expanding at three times the speed of the rest of the UK economy. “The [...]
Stepping Stones To Sustainability – How to add a net zero contract clause in 5 steps August 8, 2023 Introduction Sustainability is increasingly high on people’s agenda and has become a buzz word in business circles. Measurable performance and tangible outcomes are becoming the standard across all sectors. But what does this really mean in practice, and how do you make your business more sustainable in a meaningful way? We break sustainability challenges down [...]
Jamie Oliver bags £5.2m payday despite restaurant chain collapse September 30, 2019 Jamie Oliver took home £5.2m last year as his business empire suffered a slump in profit following the collapse of his restaurant chain. The chef’s food and media business increased sales to £43.5m in the year to December 2018, but pre-tax profit almost halved to £7.8m. Read more: SSP buys three Jamie Oliver restaurants saving [...]
Real estate tech company Blueground launches in London October 23, 2019 Blueground, a startup providing tech-driven flexible apartment rentals, is launching in London and has raised $50m (£39m) in a funding round. The real estate tech firm offers Airbnb-style apartment rentals aimed at business travellers, offering rental lengths of one month or longer. Read more: Exclusive: Flexible office space firm Central Working falls into administration Blueground, [...]