British AI start-up lands $750m valuation nine months after creation November 14, 2024 British AI start-up Tessl has landed a $750m valuation just nine months after being created, it is understood, as it looks to revamp how computer programmers create software.
Champions League was meant to get more exciting. It’s anything but November 14, 2024 Uefa has deepened the financial well of European club competition but its waters may have been poisoned in the process.
Gerry Grimstone: ‘Climate change is the best investment opportunity since the Industrial Revolution’ November 14, 2024 Former investment minister and chairman of Gemcorp Capital, Gerry Grimstone, speaks to Eliot Wilson about the transformative potential of net zero and why private capital is indispensable to growth Gerry Grimstone, who turned 75 this summer, is steeped in private enterprise. He was a director of the venerable London investment house Schroders, chairman of Standard [...]
Retailers warn of ‘inevitable’ job losses and price rises after budget tax hikes November 13, 2024 Retail bosses warned that they will be forced to hike prices and cut jobs due to the government’s tax hikes, as the sector braces for a substantial increase in employment costs. In a draft letter to the Chancellor, coordinated by the British Retail Consortium (BRC), retail bosses warned that job losses were “inevitable” and higher [...]
McLaren GTS 2024 review: Woking’s forgotten supercar November 13, 2024 For its first 11 years in existence, every car built by McLaren Automotive followed the same template: two seats, a mid-mounted V8, a dual-clutch gearbox and rear-wheel drive. From the original MP4-12C to Ultimate Series exotics such as the Senna, these supercars majored on going fast and having fun. Only the McLaren GT really broke [...]
How I’m readying my British honey brand for overseas expansion November 12, 2024 Jennifer Sieg meets Scott Davies, founder of British honey brand Hilltop Honey, to discuss the road to international expansion International expansion is a dream come true for many entrepreneurs who want to tap into new market opportunities and subsequently reach a wider customer base. But to do so successfully takes some tenacity, and the recipe [...]
Ex-BP boss says Labour is ‘ignoring’ UK’s energy needs November 12, 2024 The new government’s decision to divest from North Sea oil and set up a state-owned renewable energy company is the “last thing” it should be doing, the former chief executive of BP has said. Bob Dudley, who ran the British petrochemical giant BP for ten years, told City AM that energy secretary Ed Miliband was [...]
Revolut facing potential legal action in battle with crowdfunding platform November 11, 2024 Revolut is facing potential legal action from a crowdfunding platform after a years-long battle over the sale of its shares by early investors, City AM can reveal.
Inside the Surrey estate loved by Cliff Richard and Andy Murray November 7, 2024 The Surrey estate is close to Windsor and has historic parkland backing onto new residential properties Set amid 78 acres of land, including wildflower meadows, the Surrey country estate of Sunningdale Park was established in the late 1700s and for centuries was home to all manner of Sirs and High Sheriffs, including at one point [...]
Ed Warner: Chair the football regulator? No thanks, not even for £130k November 7, 2024 The job ad for the chair is being circulated widely by opponents of the concept of a regulator in the hope that a moderate rather than a zealot will land the role.