Seraphim injects $12.5m into Tokyo’s space debris pioneer Astroscale November 25, 2021 London-listed Seraphim Space Investment Trust has injected $12.5m into Tokyo-headquartered Astroscale, as the blossoming space sector takes hold internationally. The Japanese space-tech firm also recently snagged $109m in a series F funding round. With billionaire entrepreneurs pinning their next ventures on what lies beyond Earth – the market has become more financially accessible to smaller, [...]
Construction material prices hit record high September 2, 2021 The price of building materials has hit a record high as the construction sector has struggled with supply chain disruption. Rising costs of wood and steel are looming over the sector’s recovery as businesses worry about overruns and delays. Prices were up 4.5 per cent in July compared to June and were up 20 per [...]
Without more immigration, we will fail to build a future-focused Britain November 8, 2023 AI experts want to come and work in the UK, but our immigration policy is stopping them, writes Derin Kocer.
Our laws on tech companies would give too much power to regulators like the CMA July 3, 2023 Laws for big tech are already based on outdated information where Google and Facebook are king and regulators like the CMA are expected to make sense of a changed world, writes Matthew Sinclair
Innovation can save our food system from climate threats July 21, 2022 ON TUESDAY, people in the UK experienced the hottest day on record. For those living in cities, there were sweltering commutes, walks through parched parks and a newfound gratitude for office air conditioning. Overnight rain broke some of the heat. But further afield, the National Farmers’ Union is warning of lower crop yields as a [...]
Magic materials, paperless tickets and Web3: Sports technology trends to watch in 2023 November 16, 2022 Rebecca Hopkins, chief executive of the STA Group, picks out the sports technology trends to watch in the next year. It is exciting to realise how far sport has come in the past 12 months and whilst the post-pandemic era is throwing up more external challenges than could have been predicted, the sector remains as [...]
Delivery kitchen operator Peckwater Brands raises £15m in funding round led by pub giant Stonegate June 13, 2022 Delivery kitchen operator Peckwater Brands has clinched £15m in a Series A funding round, which was led by the country’s largest pub company. The funding round was led by Stonegate Group, with the pub chain taking a minority stake in the firm, for an undisclosed sum. Peckwater Brands helps restaurant chains build virtual brands that [...]
Mortgages: Number of people securing a home shot up weeks before BoE hiked rates June 29, 2023 Mortgage approvals continued to show signs of improvement in May, rising to 55,500 for the month as a whole up across the UK – up from 49,000 for the month of April, new data shows. The data provided by the Bank of England (Boe) is a fresh kick in the teeth for prospective buyers, who [...]
City Moves: Who’s switching jobs in the Square Mile this week? March 8, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Savills Savills has bolstered its building and project consultancy team with a new director at the firm’s Margaret Street head office. Andrew Hezelgrave brings more than 15 years of experience in the commercial property sector to the London office. Joining from Black Cat Building Consultancy, where he [...]
FCA requested to review buildings insurers as Gove says leaseholders hit with ‘rapidly escalating’ costs January 28, 2022 The financial services regulator has been requested to review the buildings insurance market for blocks of flats. In a letter to the regulator, housing minister Micheal Gove said he was “extremely concerned” to hear from leaseholders about their experience of “rapidly escalating” insurance premiums on high and medium-rise blocks. There have been cases where insurance [...]