Hotel Chocolat raises £40m in bid to become ‘digital-led’ chocolatier July 23, 2021 Hotel Chocolat has raised £40m in its latest share placement, in what its boss said will help it become a ‘digital-led chocolate brand’. The British chocolatier’s placing, which was led by Peel Hunt and Liberum Capital, was oversubscribed. “The £40m growth capital raised today will be invested in our fast-growing business, furthering our aim of [...]
LSE unshaken by Brexit-driven securities shift to Amsterdam March 5, 2021 The London Stock Exchange (LSE) shook off the effects of Brexit trading movement this morning, backing the City as one of the world’s leading financial capitals. Chief executive David Schwimmer reaffirmed LSE’s confidence in being headquartered in London, despite the Brexit-driven movement of trading in EU securities to Amsterdam. “The movement of trading due to Brexit [...]
Guernsey issues first cannabis growing license to 4C Labs November 29, 2021 Guernsey has issued its first license giving business 4C LABS the green light to grow cannabis and build a state of the art cultivation site.
IPO: Pantheon Infrastructure looks to raise £300m for shopping spree October 11, 2021 Investment trust Pantheon Infrastructure (PINT) is seeking to float on the London Stock Exchange at an issue price of 100p per share. Looking to raise £300m from institutional and retail investors, the trust will use the cash injection to invest in different industries, from digital infrastructure such as data centres and fibre-optic networks to utility [...]
Revolution Beauty plans launch in 100s of UK stores amid booming growth September 27, 2021 Revolution Beauty has announced plans to expand into over 350 UK Boots stores after sales surged in the first half of the year. The ethical makeup company has announced half year revenues of £78m in 2021, up by 35 per cent compared to a year prior. Sales were driven by the company’s expansion in the [...]
LendInvest benefits from property boom with profits surging December 9, 2021 LendInvest, the tech driven asset manager for property finance in the UK, announced a revenue growth of 28 per cent this morning of £72.4m, compared to the same period last year.
Addison Lee teams up with tech firm JustPark in EV push – CityAM : CityAM October 21, 2021 Private car hire service Addison Lee has struck a partnership with technology platform JustPark to provide drivers with off-street charging points for electric vehicles (EV). The deal will grant drivers access to Fleetcharge – a charging solution that provides charging locations for fleet drivers. The solution was developed by JustPark in collaboration with Octopus Energy. [...]
TUI rebounds as restrictions ease after heavy pandemic losses December 8, 2021 TUI has enjoyed strong summer trading amid easing pandemic restrictions - even if it has a long way to go to turn around huge annual losses.
Space investor Seraphim injects cash into two firms ahead of London float July 8, 2021 Space technology investor Seraphim Capital has invested into two UK satellite and AI companies ahead of its London IPO float tomorrow, as the UK cements itself within the latest space race. Investing £2m into firms Isotropic Systems, which operates satellite networks and Commodities AI, which deals with space data and artificial intelligence (AI), Seraphim is [...]
Wings over the world as Blackbird flies high with unique technology May 9, 2022 It might be said that it was only a matter of time before London-based Blackbird plc won a Queen’s Award for Enterprise. Afterall it is a company that the world seems increasingly to need and as a consequence is growing rapidly, especially overseas, particularly in America. In the last year Blackbird has won a raft [...]