UK’s biggest Christmas cracker designer warns on ‘soft’ market April 30, 2024 London-listed IG Design said it expects to deliver full year revenue of around $800m (£639m) for 2024, a 10 per cent drop on 2023.
Keysight outbids Viavi in £1.15bn takeover of Spirent Communications March 28, 2024 An American company has invaded a £1bn agreed takeover deal Spirent Communications, in a shock move which will see another firm taken off the London market.
London now boasts $28bn worth of climate tech startups – more than anywhere else in Europe October 26, 2021 Climate tech investment is booming in London, where the combined value of startups in the sector has almost tripled in the last year to $28bn – ahead of rival tech hubs in Europe and beyond. London is second only to Silicon Valley in terms of the size of its ecosystem of climate tech companies, which [...]
Turn off Zoom: London City airport exec bullish on the return of business travel August 23, 2021 Business travel is expected to quickly rebound in 2022, as executives ditch Zoom calls and return to Europe, the US and beyond to press the flesh, a London City airport executive said today. So far, business travel has lagged behind leisure travel in recovery, as technological alternatives has proven cheaper and more resilient to the [...]
Glencore hit with investor lawsuit after bribery conviction October 10, 2022 Glencore is facing a class-action-style lawsuit in London's High Court, following its conviction for bribery earlier this year.
London girls and women, here is all you need to know about the ‘walk me home’ service October 9, 2021 A phone service aimed at protecting women as they walk home has received the backing of the government. The idea was launched following the outcry caused by the murder of Sarah Everard. BT is said to be working on the emergency phone service, primarily to protect women as they walk home. Here is all you [...]
Exclusive: ‘EU will remain our key trading partner’, says London’s Deputy Mayor for business March 19, 2021 Last week it was announced that the rapid rollout of Covid-19 vaccines has led to business confidence hitting its highest levels in three years. The increase has been driven by the success of the vaccine rollout, especially in the UK, which has left firms more confident that restrictions will soon be lifted. Despite the increased confidence, UK’s [...]
London to gain its first-ever firm with an all-female board after £150m solar IPO October 25, 2021 Renewables investment trust Atrato Onsite Energy has announced its intention to float with a £150m IPO in what is understood to be the first-ever listing from a company with an all-female board on the London Stock Exchange. Atrato Onsite Energy, which has been established to invest mainly in solar panels on the roofs of large [...]
Mixed Covid-19 messages ‘cannot define this winter’ for business, says London First chief September 14, 2021 The boss of London First has urged the government not to allow mixed messages to define the upcoming winter for businesses, following the health secretary’s Covid-19 plan earlier today. Health secretary Sajid Javid said that the government intends to dodge winter restrictions by allowing booster jabs for those over 50 and vaccinations for 12 to [...]
Clyde & Co faces fine after admitting to anti-money laundering failures January 9, 2024 London law firm Clyde & Co looks set to pay a hefty fine after it admitted today that it failed to comply with anti-money laundering regulations.