Smart #3 review: Necessity is the mother of convention July 26, 2024 Smart has pivoted from being a manufacturer of quirky, ultra-compact cars to becoming part of an all-electric joint venture with Mercedes-Benz and Chinese carmaker Geely. Geely also owns European car brands such as Volvo, Polestar and Lotus, meaning this SUV coupe EV has some prestigious half-cousins. To address the elephant in the room, yes, the [...]
Saga bolsters board in push to pandemic recovery August 23, 2022 Over 50s specialist Saga has called in three new directors to bolster its leadership team today as it looks push ahead with its recovery from a pandemic slowdown.
BP could reconsider UK investment plans after being hit with windfall tax May 27, 2022 Energy giant BP has revealed it will have to "look at the impact" of the government's new levy on its £18bn UK investment plans.
Carsley puts focus on youth in first England squad of tenure August 29, 2024 England’s new interim manager Lee Carsley put a focus on youth in the first squad of the post-Southgate era, with Lille midfielder Angel Gomes, Nottingham Forest’s Morgan Gibbs-White and Chelsea winger Noni Madueke all being given their first senior call-ups. Manchester City youngster Rico Lewis and Chelsea’s Levi Colwill also made the cut, adding further [...]
Inside the National Portrait Gallery’s smart £41million refurbishment June 22, 2023 Finally, there’s a proper entrance! The National Portrait Gallery, closed for refurbishments since 2020, reopened this week. £35 million in investment has bought it a smart new look, and a genuine push for diversity. There are new galleries and social spaces, but first, the doors. The Portrait Gallery’s pokey side-door entrance on Charing Cross Road [...]
BlackRock raises £4bn for new climate fund amid fossil fuel criticism October 25, 2022 BlackRock said it had raised $4.5bn for a new climate infrastructure fund today as it looks to ramp up investment in the net zero transition amid criticism of its decision to continue backing oil and gas firms.
What would a Labour government mean for financial services? October 9, 2023 Keir Starmer wants the City to help him deliver his vision for Britain and sees the financial sector as a key partner in the transition to net zero and delivering the much-desired growth, writes Alice Perry
Sky piles into new £100m climate tech fund June 13, 2022 Media giant Sky will anchor a new £100m venture capital fund looking to pump cash into early-stage ‘climate tech’ firms, the firm announced today.
Payments firm SumUp hits €8bn valuation after fresh funding round June 23, 2022 London payments firm SumUp revealed it had bagged a $590m funding injection today as it looks to fuel a growth push and rollout new products this year.
Matalan secures deadline extension for £350m debt payment October 17, 2022 Matalan has announced that its debt payments have been kicked back several months, buying the high street retailer more time to find cash. The discount clothes retailer said that a January deadline to refinance £350m of debt has been pushed back to July. Matalan described the update as “an important milestone” in its recapitalisation plan [...]