Inspired Energy’s shares slide as concerns over Gazprom Energy’s future mount March 21, 2022 Inspired Energy's shares have sunk on the FTSE AIM All-Share today, warning of a £3m hit if Gazprom Energy ceases trading
Virgin Atlantic prepares for stock market listing August 9, 2021 Sir Richard Branson’s Virgin Atlantic Airways is planning to list on the London Stock Exchange in a bid to raise capital as international travel makes a recovery. The UK-based airline is understood to have been presenting to fund managers about the listing which could occur as early as the Autumn. The company sustained losses of [...]
Green economy Spac Spinnaker plots London stock market float July 26, 2021 A special purpose acquisition company (Spac) focused on sustainability and green energy is planning an initial public offering on the London Stock Exchange. Spinnaker Acquisitions — a blank-cheque firm that will target mergers in the green economy — will list in London this week. The company said it will target businesses valued at between £5m [...]
How carbon offsets can help achieve net-zero carbon emissions. May 20, 2022 Alan Simpson CA explains the use of carbon offsets as a means of achieving net zero carbon emission Carbon offsetting is an activity that compensates for, or balances out, greenhouse gas emissions generated by an organisation through its activities and operations. These offsets (or carbon credits) are expressed in tonnes of carbon dioxide (CO2). Each [...]
Mishcon de Reya launches new £150m litigation financing unit September 8, 2021 Law firm Mishcon de Reya has today announced plans to launch a new litigation funding unit with Harbour, one of the biggest litigation and arbitration funders in the world. The new venture, known as MDR Solutions I, will be used to assess and finance prospective litigation and arbitration cases originated by Mishcon de Reya clients [...]
UK tech IPOs raise record £6.6bn last year doubling 2020 figures January 31, 2022 UK tech IPOs raise record £6.6bn last year doubling 2020 figures
Moonpig soars on market debut as shares leap by a quarter within minutes February 2, 2021 Online greeting card platform Moonpig saw its shares rise by 25 per cent within minutes of pricing its London IPO on Tuesday. Stock in the newly listed firm was trading at around 440 pence per share shortly after floating at 350 pence. The sharp rise underlines spirited investor appetite and sets the stage for other [...]
Bridgepoint mulls selling Burger King UK for a beefy £500m July 26, 2021 The owner of Burger King has plotted early stage talks to sell the fast food retailer for some £500m just days after it listed on London’s top market, according to reports. Bridgepoint, the private equity owner behind Burger King, floated on the London Stock Exchange last week in a rare listing that raked in £300m [...]
Cazoo sees revenue grow sevenfold as New York listing nears August 2, 2021 Used car firm Cazoo today reported a second straight quarter of whopping revenue growth as it continued its rapid expansion. The company said that revenues had jumped sevenfold, from £20m in the second quarter last year, to £141m today. It sold 10,692 cars in the period, five times as many as the 2,022 it shifted [...]
Daily Mail publisher reports revenue drop with job cuts looming November 18, 2021 Daily Mail and General Trust (DMGT), owners of Metro and MailOnline, announced revenue was down one percent to £1.1bn this morning as it continues to feel the impact of the pandemic on events.