Fifa Women’s World Cup already breaking ticket records July 20, 2023 The ninth Women’s World Cup is set to kick-off today in Australia and New Zealand having already set a new record for tickets sales. Organisers have sold 1.4m seats for the tournament, eclipsing the previous benchmark of 1.35m tickets bought at the 2015 edition in Canada. Co-hosts Australia have sold out of regular seats at [...]
London’s unicorns: City’s tech start-ups are bringing in the big bucks December 21, 2022 London’s tech start-ups have had a turbulent 2022. But while some of the original tech players in the city have struggled with rising costs and depleting revenues, newer unicorns are making moves. Here are the five London start-ups that made their mark this year, and are to be watched out for in 2023. OakNorth Valued [...]
‘Nobel prize of engineering’ finalist Sunamp to raise Series B as it mulls public offering July 2, 2024 An innovative battery firm nominated for the "nobel prize of engineering" is set to raise a Series B funding round in a few months with a future IPO becoming an increasingly "realistic proposition", its boss has said.
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
Carpetright drafts in advisers as it mulls cost cutting options April 5, 2024 Carpetright has reportedly drafted in advisers to explore cost-saving measures for the business as it struggles amid a slowdown in demand.
Energy-inefficient properties could burn £370m hole in pockets of London businesses January 10, 2024 Some 11.9 million sq ft of energy inefficient stock is set to arrive on central London’s market over the next three years, burning a £370m hole in businesses pockets.
HSBC in tech push as boss Noel Quinn suggests acquisitions spree August 1, 2023 HSBC will launch a new joint venture with B2B fintech firm Tradeshift as boss Noel Quinn said more bolt-on acquisitions could be in the offing to develop its appeal to tech firms. As part of the new venture, announced this morning, HSBC will invest $35m into Tradeshift. The investment will be made in two parts [...]
FTSE 100 dips as UK inflation records surprise jump February 17, 2021 The FTSE 100 opened down this morning as the latest data showed UK inflation rose more than expected last month. The blue chip index suffered a 0.46 per cent dip this morning following the surprise 0.7 per cent jump in inflation. The biggest fallers were consumer goods giants Reckitt Benckiser, with a 1.56 per cent [...]
US stocks scale to new record highs July 12, 2021 US stocks reached another record high on Monday as investors eagerly await the start of earnings season. The tech-heavy Nasdaq and blue-chip S&P 500 both scaled to new heights today, but inched back shortly afterwards. The S&P 500 rose 0.19 per cent during morning trading, while the Nasdaq added 0.06 per cent. Read more: FTSE [...]
Tech wins: UK sector retains No1 spot in Europe December 21, 2022 Despite a rough year on all financial fronts, UK’s tech sector retained the top spot in Europe. The country’s tech sector showed resilience with the fast-growing UK tech companies raising funds at near-record levels (£24b),which was substantially more than France (£11.8 b) and Germany (£9.1 b) combined. UK’s tech sector has raised nearly £100b over [...]