Payment giant Eurowag moves ahead with £170m London IPO September 20, 2021 Eurowag, a pan-European payments & mobility platform, has announced that it will float on the London Stock Exchange (LSE). The company, which focuses on the commercial road transportation sector, hopes to raise €200m (£171m) from the move, to fund its expansion plans. The payments platform company will, it said, target “certain institutional investors”. Eurowag also [...]
Subscriber growth and customer wins power Microlise’s rebounding revenues April 12, 2022 Software solutions specialists Microlise have enjoyed a 17 per cent boost in revenues, raking in £60.3m over the calendar year of 2021.
Trade bodies back government’s embrace of North Sea oil and gas industry August 1, 2023 Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.
Boris Johnson should take a lesson from Emmanuel Macron to boost UK’s economic growth May 23, 2022 Boris Johnson should follow in the footsteps of Emmanuel Macron by ensuring Britain is made a “natural home for investors,” the Centre for Policy Studies (CPS) has said. In launching a new 10-point manifesto to boost Britain’s economic growth, the CPS published new researching showing investors are worried about the UK’s trajectory and concerned about [...]
Time to target NHS in energy efficiency drive, says sustainability boss June 14, 2023 The government should encourage public sector bodies such as the NHS to ramp up energy efficiency measures, argues SDCL.
Truss believes City is ‘growth engine’ of the economy, says former minister September 8, 2022 Liz Truss believes the City is the “best growth engine in the UK” and is preparing to lean on the financial sector to achieve her political agenda, a former minister said today.
Bridgepoint shares surge on swelling revenue and managed assets post-IPO March 24, 2022 During its first year on the London Stock Exchange, Bridgepoint’s revenues have grown more than 40 per cent. The private equity giant listed in September last year in a highly anticipated £2bn float. The London-headquartered firm has also seen assets under management swell nearly 24 per cent to €32.9bn (£27.3bn) in the year to 31 [...]
Tortilla boss: ‘No intention’ of further price rises for customers as burrito chain eyes more dark kitchens April 11, 2022 Burrito chain Tortilla is eyeing dark kitchens in suburbia as a means to test locations before opening physical restaurants. Richard Morris, chief executive of the on-the-go operator, told CityA.M. that Tortilla viewed delivery as a “key part of our future.” “We realised that in London there are opportunities to further saturate the city with Tortilla [...]
Investors pile into bets against Cineworld as it tops list of most shorted stocks March 31, 2022 Investors have piled into bets against UK cinema firm Cineworld to make it the UK’s most shorted company, new data has revealed.
Betfair owner Flutter shares dive despite US growth March 1, 2022 Paddypower and Betfair owner Flutter Entertainment reported steady growth this morning despite, with recreational customers up 23 per cent to 7.6m average monthly players.