London fintech Treasuryspring raises $29m to grow cash investment platform June 26, 2023 London-based fintech Treasuryspring has bagged $29m (£23m) in a new funding round as the cash investment platform looks to increase its headcount and expand overseas. The company said today that it secured the investment in a Series B funding round led by British venture capital firm Balderton Capital, bringing the total amount the company has [...]
Kevin Spacey abused fame to become ‘sexual bully’, London court told June 30, 2023 Oscar-winning actor Kevin Spacey abused his reputation and fame to become a “sexual bully”, a court has heard. The Hollywood star, standing trial under his full name Kevin Spacey Fowler, is accused of sex offences against four men who “had the misfortune to attract the attention of the predatory” actor, a jury was told. Southwark [...]
Printworks: London nightlife venue to become offices as new plans revealed April 28, 2023 The Printworks London nightlife and culture venue in Canada Water is to become a net-zero office space, new architectural plans have revealed. British Land, the commercial property owners behind Printworks, have unveiled an ambitious repurposing project for the land, which was formerly a printing press, and is the last major unconverted industrial building in central [...]
London keeps spot as world’s top green finance centre as New York toppled from second place April 23, 2024 London has been named the world's top centre for green finance for the fifth time in a row, according to a new survey, as Swiss cities topple New York from second place.
London small firms dominate fast growth list despite inflationary drag June 21, 2023 London’s small businesses have dominated a list of the country’s fastest growing firms this year despite inflation dragging on growth across the country, according to new research. In a ranking of the UK’s 100 fastest growing small firms by business group FEBE, 26 per cent of firms hailed from the capital while 13 per cent [...]
FTSE 100 today: London markets likely to mirror Wall Street’s rise in global tech rally January 25, 2024 Global markets rally on tech strength, while Tesla is down 6%, and oil prices rise. Focus shifts to pivotal indicators like U.S. Q4 GDP, PCE inflation, ECB policy, and Intel earnings.
London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
Jerry Springer’s London: Born in Highgate Tube station during WWII April 27, 2023 It seems incongruous that Jerry Springer, legendary US talk show host, was British-born during the Second World War. But Springer, who has died aged 79, lived his first days in a subterranean war bunker during German bombing. He was born in Highgate Tube station, which had been refashioned as a bomb shelter as many of [...]
London fintech Railsr rescued from collapse in emergency sale March 9, 2023 Embedded banking platform Railsr has been rescued from collapse after it was snapped up by a group of investors led by London-based D Squared Capital. The City-based fintech, which has been on the hunt for a buyer after running into cash troubles in the past year, said today that it had been “purchased and re-capitalised” [...]
London SMEs committing over half of annual revenue to tech investment, data reveals August 22, 2023 London’s small and medium-sized enterprises (SMEs) are ramping up their tech budgets, allocating over half of their annual revenue to technology investments, according to a report by Barclays. In the capital, SMEs are directing an average of 54 per cent of their annual revenue to technology investments, such as data analytics and artificial intelligence tools, [...]