THG boss’s holding firm takes £18m loan from local Council April 24, 2022 The billionaire boss of beleaguered e-commerce firm THG has taken an £18m loan from Warrington Council, with his firm Moulding Capital now sitting as the council’s biggest credit exposure.
The Ambition A.M. Accelerator: How are fintechs changing the entrepreneurship space? August 23, 2024 The Ambition A.M. Accelerator programme is a chance for founders and budding entrepreneurs alike to discuss important themes and topics each month while also having a chance to meet and learn from prominent figures in the community.
Elrond listed with Revolut as it seeks exposure to 20 million customers August 26, 2022 Elrond’s EGLD token has been added to the list of cryptocurrencies available on Revolut, exposing it to 20m customers.
Neumann’s WeWork exit package increases with $245m in potential stock May 28, 2021 Former WeWork boss Adam Neumann is set to emerge from his separation with the company with an extra stock award worth $245m. Neumann has also received almost $200m in cash after renegotiating the terms of his 2019 exit agreement. The shares come on top of an already generous package for Neumann, who gave up his [...]
Build, Baby, Build: Property giants back call to get UK building June 24, 2024 Developers are heaping pressure on both major parties ahead of the election to drive forward reforms to the planning system that would allow for greater certainty.
Facebook splashes out $23m on Mark Zuckerberg’s security April 14, 2021 Facebook forked out more than $23m (£16.6m) on security for its chief executive Mark Zuckerberg last year. In a filing published this week the tech giant said it handed the boss $23.4m in compensation in 2020 to cover personal security at his homes and during personal travel. Of this, $13.4m represented a security allowance while [...]
Retail shares may rise as profit upgrades boost investor confidence August 21, 2023 Retail shares could shoot up over the coming months despite recessionary headwinds, reports from City analysts suggest. Analysts at Peel Hunt said the market was “undervalued,” following a season of profit downgrades issued by major UK retailers that sent investor conference sinking. Many retailers were hit hard by red-hot inflation which led consumers to be [...]
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.
Euro 2020: BBC pulls in more than 20m viewers for England’s Germany win June 30, 2021 More than 20m people tuned into the BBC yesterday to watch England’s 2-0 victory over Germany at Euro 2020. The historic clash attracted a peak audience of 20.6m viewers, representing more than 80 per cent of audience share. The bumper numbers mean almost a third of the UK population settled in for the game, which [...]
Tony Blair’s son Euan raises £65m in funding round for start up – CityAM : CityAM August 23, 2021 An education start up founded by Euan Blair, son of former prime minister Tony Blair, has secured £65m in funding. Founded in 2016, Multiverse provides school leavers with apprenticeships and training, helping to secure people work in companies such as Google, Unilever, Facebook and Morgan Stanley. The investment is understood to be part of upcoming [...]