Shares in the publisher of the Daily Mail have dived – here’s why January 26, 2017 Growth at the owner of the Daily Mail newspaper ground to a halt in the first quarter, sending shares diving seven per cent. The figures Daily Mail and General Trust (DMGT) revenue grew just one per cent in its b2b business and shrank one per cent on an underlying basis on the dmg media side, which [...]
Former Obama economic adviser to take the lead on UK tech | City A.M. August 2, 2018 The UK government has hired Obama’s former chief economic adviser to tackle competition between UK tech firms and American giants. Jason Furman, now a professor at Harvard, will chair a panel of experts to analyse whether the emergence of tech superpowers like Google and Facebook has come at the expense of smaller startups looking to [...]
More BHS bidders revealed following deadline for offers May 18, 2016 Hilco Capital has been named as one of the bidders for beleaguered department story chain BHS, following last week's deadline for offers. BHS went into administration last month, and the company had reportedly attracted the interest of five suitors hoping to buy the whole of the high street retailer ahead of last week's bid deadline. Hilco, reported by ITV [...]
Seed capital comes to London start up that helps street food traders set up shop January 8, 2017 A LONDON-based tech startup that aims to modernise the street trading sector has secured £350K seed capital investment from private Singapore fund B.O.H LLC. StreetDots works with major landlords to open street trading pitches or 'dots' that can be booked by street food traders and other retailers via a one stop app. The technology handles [...]
Here’s why Chrysaor is buying up Shell’s North Sea assets February 2, 2017 The sector is starting to discuss the return of big oil and gas M&A the last several weeks. And yesterday we got more confirmation it’s “money on” right now in the global petroleum sector — with one of the biggest single deals in years coming down in an unexpected place. From a virtually unknown acquirer — [...]
Fitbug shares are back: Here’s what’s going on January 19, 2017 Fitbug shares have resumed trading after being halted on Wednesday, as the Aim-listed tech company released a trading update. Shares closed down more than 40 per cent to 0.400p on Thursday, after rocketing more than 400 per cent in late afternoon trading on Wednesday which had prompted the company to suspend trading. Read more: Fitbug shares have been [...]
Interiors: Weather-proof furniture ideas to decorate terraces, patios and balconies for the British summertime May 22, 2017 This year, the outdoor room comes of age. Not just a Big Green Egg and some deckchairs, but a full-blown lounge, as if we lived in Palm Springs. Just as we now love to bring the outside in we are discovering that a raft of technical innovations mean we can bring the inside out. The [...]
The costs of running a business in London are starting to outweigh the benefits February 28, 2017 The late, great Robin Williams once said: “Spring is nature’s way of saying, ‘Let’s party’.” When the chancellor stands up to deliver the last ever Spring Budget next week, however, small businesses in London are likely to be putting party plans on hold unless Philip Hammond can pull the miraculous business rates “rabbit out of the [...]
HS2 payments to incoming chief executive’s firm CH2M surge from £1.4m to £32.5m in four years February 9, 2017 High Speed Two payments to its incoming chief executive’s company have surged, as the rail project awarded another contract to CH2M today. New figures have revealed that CH2M – where HS2’s new boss Mark Thurston is head of European operations; he joins HS2 in the spring – has been paid increasing amounts from HS2 over the [...]
Hedge funds bank on Sky takeover bid success February 12, 2017 Two US hedge funds have banked on the Murdoch family succeeding in taking over the UK-based communications giant, Sky plc. According to reports in the Sunday Telegraph, the two funds, HBK and Pentwater, each disclosed they have amassed positions worth £310m and £300m respectively. In December last year, 21st Century Fox announced that it would be [...]