Coffee Wars: Inside the race to become London’s number one chain June 1, 2024 Coffee has played a vital role in reviving Brits for centuries. Despite feeling like a relatively new phenomenon, the first record of a coffee house in England dates back to 1652 and was said to be opened by a Turkish Man named Jacob in Oxfordshire.
Bitcoin cashback announcement ends in controversy for UK fintech Mode November 18, 2021 Major retailers Boots and Ocado have distanced themselves from an announcement claiming they would offer customers cash back in Bitcoin. Today London-listed fintech Mode announced it would be adding more than 40 UK retailers including Boots, Ocado and Homebase to its crypto cashback rewards scheme. However, in comments to City A.M. both Boots and Ocado [...]
EDF owned Pod Point set to raise £120m in London IPO next month October 18, 2021 Pod Point, an electric vehicle charging company majority owned by EDF Energy, is set to rally £120m in fresh funds from its London float which is due to land on the exchange next month. The initial public offering (IPO), which the firm announced last week, will see Legal & General Capital Investments sell off a [...]
Polymetal postpones projects as West ramps up sanctions on Russia April 25, 2022 Troubled Anglo-Russian miner Polymetal International (Polymetal) has seen revenues grow four per cent year-on-year to $616m.
Bridgepoint enlists Rothschild for £1.3bn Miller Homes sale amid housing boom October 2, 2021 Bridgepoint is seeking to capitalise on soaring valuations as the housing market booms, with the sale or float of Miller Homes, one of the UK’s biggest housebuilders. The private equity firm has appointed investment bank Rothschild to advise on its potential exit from Miller Homes, four years after it bought the company from GSO Capital [...]
Ukraine: UK bans Russian banks from clearing payments in Sterling February 28, 2022 The UK will ban Russian banks from clearing payments in Sterling and has frozen the British assets of a further three financial instiutions today. Foreign secretary Liz Truss said the US will also ban Russian banks from clearing payments in US dollars as well. She said that investment firm VEB, Sovcombank and Otkritie Bank will [...]
Cladding repair bill hits £1.5bn as Redrow and Barratt latest builders to sign up to fire safety pledge April 6, 2022 The total cost for cladding works for the big nine listed housebuilders has hit £1.5bn, as London-listed firms sign up to a government fire safety pledge. According to analysis from AJ Bell, the country’s biggest builders are planning to set aside another £802m in total to tackle unsafe buildings in the wake of the Grenfell [...]
HydrogenOne backs fuel cell specialists with £10m investment February 14, 2022 HydrogenOne Capital Growth has invested £10m for a minority stake in fuel cell innovation company Bramble Energy.
Digital Assets Week: A ‘DAW’ to the future November 16, 2022 Lord Holmes reports on an opportunity to share the current approaches being undertaken by the UK Government on crypto regulation.
Rentokil’s shares plummet 13 per cent after pricey £5bn US expansion deal December 14, 2021 Rentokil's sahres have nosedived following a pricey acquisition of Terminix Global as it looks to swarm the US pest control market.