Reinventing the wheel (or the sail) can actually change an industry August 25, 2023 The Pyxis Ocean, power by WindWings, is a modern take on a sail but done in a way which could dramatically change our emissions.
Easter getaway: 17m car journeys, rail disruption, London Euston shut, strikes and queues – here’s all you need to know April 4, 2023 As millions of Brits look to make a short getaway for the Easter holiday, many will find out what it’s like to be sitting in queues or waiting for delayed trains. While rail union RMT called off strikes that had been planned for 30 March and 1 April after receiving a fresh offer from the [...]
London-based Hiro Capital launches €300m fund to target videogames and metaverse tech February 28, 2022 London-based investment firm Hiro Capital has launched a second €300m fund today to target emerging gaming and metaverse technologies, as it looks to capitalise on a wave of so-called ‘Web3’ innovation.
EY faces $2.5bn lawsuit over NMC Health audit April 30, 2022 Big Four accountancy firm EY faces a $2.5bn (£2bn) lawsuit over its audit of collapsed healthcare company NMC Health, after bankruptcy administrators yesterday said they had filed a claim against the auditor. The lawsuit comes after Abu Dhabi firm NMC Health went into administration in 2020, after the firm was accused of understating more than [...]
All Bar One owner going through ‘volatile’ time post-lockdown July 29, 2021 All Bar One and Toby Carvery owner Mitchells & Butlers (M&B) said it has seen “volatile” sales since reopening its all of its venues in May. Shares drifted lower in early trading after the hospitality group said it saw a slowdown in sales after an initially strong period following the easing of restrictions on 17 [...]
Fridays owner Hostmore revenue soars in maiden results as CEO warns of ‘challenges raised by Ukraine crisis’ March 14, 2022 Fridays owner Hostmore has reported revenue standing at £159m as the hospitality operator strikes out on its own after a demerger. Hostmore made its debut on the London Stock Exchange last November after it was made a separate entity from Electra Private Equity. Now, in results for the 53 weeks ended 2 January 2022, the [...]
Hospitality venues receive less than half of £635m Omicron support package April 4, 2022 Hospitality businesses in England received less than half of a £635m support package promised at the end of last year to make up for Omicron cancellations. Just £305m was paid out less than three weeks before the final cut off, analysis by the Altus Group revealed. The Treasury had announced one-off grants worth up to [...]
Ukraine cancels airdrop and plots launch of NFTs March 3, 2022 Ukraine's government has cancelled a planned airdrop and will instead sell NFTs to support the resistance to Russia's invasion.
Could A Pro/Con List Set You Up For Career Failure? February 6, 2023 What do you do when you have to make a tough decision at work? Do you procrastinate and avoid thinking about it; do you get on with it, throwing yourself into research, or do you go down the popular route and utilise a pro/con list? Tried and tested, the origins of the pro/con list can [...]
Exclusive: CybSafe’s CEO on tackling VC pattern matching as a black business founder January 14, 2023 When CybSafe CEO Oz Alashe MBE raised his Series B funding round last year, the ambitious London entrepreneur was one of only ten black British founders to have ever done so, or so he was told. While Alashe has not been able to validate that claim, it gives an insight into the stark reality of [...]