Steal the deal: Discovery in talks with BT Sports to derail sale to DAZN December 5, 2021 US media giant Discovery is in talks with BT Sports over a potential partnership deal that would derail months of talks with sports streaming service DAZN over a £600m outright sale. As talks between DAZN and the telecoms group have become mired over commercial details, Discovery has entered the mix with an alternative offer for [...]
Exclusive: Capital raising startup HUBX completes $5.5m fundraising February 8, 2021 Private capital raising platform HUBX has completed a $5.5m (£4.2m) fundraising round after a surge in demand during the pandemic. Founded in 2015 the London-based B2B platform claims to democratise capital raising by using automation and data to help organisations execute its transactions faster. The platform works with startups as well as more established sell-side [...]
Booze like Bond at this immersive dining experience September 14, 2021 Monte Carlo, the French Riviera, New Orleans, the Caribbean: these are the places we associate with James Bond. Portobello Road, not so much. But this stands to change, for over the next few weeks the bohemian enclave of Notting Hill will be aswarm with Sunspel polo shirts, Persol eyewear, Goodyear-welted Crockett and Jones Norwich boots, [...]
Square Mile braces for Plan B as businesses say work from home guidance will ‘destroy’ trade December 8, 2021 Businesses in the City of London have said they are preparing for the worst ahead of a reported announcement on a work-from-home message. Multiple media outlets have reported that the Prime Minister is to usher in vaccine passports for large venues and instruct office employees to work from home once more. There will be a press [...]
As the City readies itself for the future, firms rethink their office downsize January 25, 2022 Moments after Boris Johnson announced the end of Plan B Covid-19 restrictions the order went out to civil servants to lead by example – and head back to the office. The edict will have reflected a desire to get people back into the capital and breathe new life into the economy, not least the hospitality [...]
Crowdfunding: Fintech app Curve rakes in £10m in just 54 hours May 28, 2021 Fintech app Curve has raked in nearly £10m in just 54 hours, in the largest equity raise on crowdfunding platform Crowdcube’s record. A collection of 11,795 investors pushed the equity raise into near double digits, breaking multiple records during Crowdcube’s campaign. Closing at 3pm yesterday, investors raised £9.9m. The fintech app, which connects all bank accounts [...]
Danny Care interview: Harlequins star on playing abroad and the importance of fans December 22, 2021 At the age of 34, you’re usually classed as tethering on the edge of retirement in rugby. But Harlequins star Danny Care’s new lease of life, post-England career, has seen him return to being one of the in-form scrum-halves in Europe. Playing in a side littered with quality, Care is a senior member of a [...]
CMC Markets continues winning streak during pandemic following record results January 20, 2021 CMC Markets performed well in the third quarter of its 2021 financial year, though numbers were down slightly following a bumper start to the year. Client retention in Q3 2021 stood in excess of 80 per cent, but below levels reported in H1 2021. In the year so far the online trading and B2B platform [...]
Kent Covid variant could be twice as deadly as previous strains, report suggests March 10, 2021 The Kent coronavirus variant could be twice as deadly as previous Covid strains, analysis of more than 100,000 infections has suggested. Research published today in the British Medical Journal showed that the Kent mutation, which is now the dominant strain of coronavirus in the UK, may be around 64 per cent more lethal compared to [...]
Experian reports ‘better-than-expected’ quarter as revenue grows January 19, 2021 Credit scoring giant Experian (EXPN) reported a better-than-expected third quarter after a strong performance by its North America division. Total revenue at constant exchange rates grew 10 per cent in the three months to the end of December. Experian’s North America and Latin America divisions grew 11 and 16 per cent respectively, but the UK [...]