Mode Global raises £2m as it looks to recover from cashback controversy July 13, 2022 Crypto firm Mode Global said it had raised £2m today as it looks to get back on the front foot after a crypto cashback scandal last year.
Mode CEO quits following controversial Bitcoin cashback announcement January 20, 2022 The chief executive of UK fintech Mode has resigned two months after the company faced backlash for a controversial announcement.
Changes sweep the boardrooms and C-suites of biggest businesses in the UK August 24, 2022 The boardrooms and C-suites of some of largest companies in the UK have undergone sweeping overhauls this week alone. The winds of change have blown as the country heads into autumn and buckles down for a worsening economic crisis, some two years on from the start of the pandemic. While Covid-19 measures in the country [...]
Homebase makes early return to profit as turnaround plan pays off February 27, 2020 Homebase today said it had returned to profit earlier than expected after its turnaround plan helped deliver strong growth. The DIY retailer reported earnings before interest, tax, depreciation and amortisation of £3.2m for the year, up from a £114.5m loss in 2018. Homebase has embarked on a radical turnaround strategy after it was bought by [...]
3 Ways To Keep Your Job Search Going This Month December 21, 2022 Have you seen the meme? The one where the man answers every work related question from mid-December on with “that’s 2023’s problem”? Funny? Yes. Clever? No. Those who want to make career strides in 2023 know that among the parties, carol services and mince pie-filled lunches comes a continued effort to maintain momentum––especially if you’re [...]
Ultimate Products to take over Salter and Heston Blumenthal partnership July 15, 2021 Britain’s oldest houseware brand Salter is set to be snapped up by London-listed Ultimate Products as consumers fell back in love with home cooking over lockdown. The deal is expected to be completed by 19 July and will cost Ultimate Products (UP) some £32m in cash. UP, which turned over £115.7m last year, will take [...]
Homebase closes in on Bathstore takeover July 19, 2019 Homebase is set to buy struggling retailer Bathstore after the UK’s largest bathroom specialist fell into administration three weeks ago. Administrators BDO have since been looking for a buyer to save the flagging chain, and now Homebase are close to agreeing a deal, according to The Telegraph. Read more: Homebase named UK’s worst retail website [...]
Homebase buys Bathstore out of administration July 22, 2019 Homebase has bought Bathstore out of administration, however, hundreds of jobs remain at risk as 124 stores are facing closure. The company will take over 44 branches and the Bathstore website, and plans to open a “significant” number of concessions within its own stores over the next 18 months. Read more: Homebase closes in on [...]
Housing secretary upholds approval of £250m Richmond urban village January 18, 2021 The housing secretary has granted property developer Avanton the go-ahead for a new 453-home urban village in Richmond. Avanton acquired the site in 2018 but its planning permission was initially refused by Richmond Council the following year. Mayor of London Sadiq Khan intervened to grant permission in October 2020 after Avanton announced plans to make [...]
Crypto markets steady as major coins stabilise November 18, 2021 The cryptocurrency markets are broadly flat this morning, with Bitcoin (BTC) stabilising around the $60,000 support level after dropping 15 per cent from its recent record high of around $69,000.