London’s economy is a microcosm for our success but we’re ignoring ways to help it November 17, 2023 London’s West End is a microcosm of much of the wider economy: it has small independent businesses in sectors such as food, big high street chains in its bars and retail.
Smartspace: Another London firm looking to go private with £28.4m buyout offer March 14, 2024 Software company Smartspace has received a £28.4m buyout offer (90p a share) from Sign In Solutions, the firm said today.
FTSE 100 today: London markets brace for flat open as global rally takes breather March 27, 2024 Asian markets followed Wall Street's dip, oil prices fell, and Donald Trump's media firm made a strong debut. Investors are now focused on the imminent release of US PCE inflation data for further cues.
London fintech Upp. pockets $10m as it eyes global expansion June 27, 2023 London-based fintech Upp. has secured $10m (£7.8m) in seed funding as its artificial intelligence and machine learning model wins over investors. The startup, which uses AI to automate online retail, has garnered support in a funding round spearheaded by Californian venture capital firm Bonfire Ventures. Mark Mullen, co-founder of Bonfire Ventures, said Upp. is “the [...]
Ontario Teachers snaps up £255m stake in London wealth manager September 5, 2023 Ontario Teacher Pensions Plan has snapped up a majority stake in London-based Seven Investment Management (7IM) for £255m today as it continues its swoop on private British companies. The Canadian pension giant, which has £249bn assets under management and built a reputation for splashy bets on private firms, announced this morning it has struck a [...]
UK fund manager: ‘Gloomy’ London isn’t interested in growth stocks anymore December 1, 2023 Baillie Gifford's funds, which focus on growth, have struggled over the past two years due to high rates and the market environment.
Planet Organic rescued by founders but three London stores will close April 25, 2023 The founders of Planet Organic have bought the business back from administrators in a bid to keep the health-focused grocery store alive, but four stores will be forced to close as part of the process. Advisors Interpath sold the struggling chain to Bioren Limited, a business that was set up last month by the founders [...]
London business confidence hits highest level since May last year August 31, 2023 Business confidence in London surged to its highest level since May last year, as firms around the country were increasingly optimistic about the UK economy. Business confidence in London rose 20 points during August to hit 52 per cent, according to the latest Lloyds Business Barometer. Some 56 per cent of firms were confident in [...]
Debanking: First Farage, now London sex workers in bid to end ‘Victorian age’ lending February 22, 2024 London campaigners are urging the government and mayoral candidates to help drag the capital out of a “Victorian age” of banking.
Funny Girl shows how Broadway star casting is better than London September 1, 2023 I’d booked to see new opening The Cottage on Broadway starring Eric McCormack, only there was a problem. “Mr. McCormack isn’t in the show Tuesdays,” the agent told me. Hmm. I also wanted to see Funny Girl and had chosen Thursday. “Yes sure, of course,” I was told. “But Lea Michele doesn’t perform Thursdays.” I [...]