London’s Storfund lands £300m mega-deal for ecommerce marketplace financing October 27, 2021 UK fintech Storfund, which optimises the cash cycle for merchants selling on ecommerce marketplaces, has struck a £300m debt funding deal with Fasanara Capital. It’s the latest in a string of investments by Fasanara into e-commerce lending platforms, and marks a significant step up from Storfund’s last £26.5m funding round in February, led by Union Bancaire [...]
Dear politicians: What the City wants to see in your election manifesto October 29, 2019 With the news of a potential December election hanging in the balance today, the City is bracing itself for another potential new government in Downing Street. Yet while much of the debate in the coming weeks is likely to be centred on Britain’s imminent departure of the EU, the financial sector is hoping to see [...]
Best of travel: A food odyssey across the South China Sea January 16, 2021 Throughout January we’re remembering better times and sunnier climes by reposting some of our favourite travel stories from the last decade. In this instalment, our Life&Style editor Steve Dinneen eats a path across the South China Sea. ••• Hong Kong’s most celebrated restaurants are the kind of Michelin-rated palaces to gastronomy that you can find [...]
The Grosvenor Estate weighs up move to become a serviced office space provider September 13, 2018 It might be one of London’s oldest landlords, but the Grosvenor Estate is mulling a move into one of the property market’s newest trends. In a bid to cash in on the growing popularity of serviced office spaces, the Duke of Westminster’s Mayfair business confirmed it is weighing up the idea of challenging market giants such [...]
The Grosvenor Estate weighs up move to become a serviced office space provider September 13, 2018 It might be one of London’s oldest landlords, but the Grosvenor Estate is mulling a move into one of the property market’s newest trends. In a bid to cash in on the growing popularity of serviced office spaces, the Duke of Westminster’s Mayfair business confirmed it is weighing up the idea of challenging market giants such [...]
Scrapped: Guy Hands ‘pulls out of takeover plans’ for German Cartonplast August 8, 2019 Private equity magnate Guy Hands is said to have abandoned takeover plans for a European packaging business. His firm, Terra Firma Capital Partners, has withdrawn from negotiations to buy German packaging company Cartonplast, according to Sky News. The withdrawal raises questions about the ability of one of the most prominent British financiers to land fresh [...]
Holiday homes: Limassol seeks new lease of life as a luxury property hotspot December 6, 2019 Cyprus has long been a favourite family holiday destination – sunny nearly all year round, moderately priced and famed for its homely Mediterranean cuisine and relaxed atmosphere. Glitzy St Tropez it is not, but that is all set to change as Limassol – located on Cyprus’ south coast – sets its sights on becoming Europe’s [...]
Jaguar Land Rover makes £1bn pledge to Britain’s car industry July 5, 2019 Jaguar Land Rover (JLR) today promised to invest almost £1bn into building electric cars in Britain, securing thousands of jobs and reinvigorating the struggling auto sector. The British car manufacturer outlined the plan today as it seeks to offer electric vehicle options for new models from 2020 as it weans itself off its reliance on [...]
On the Beach swoops in for Thomas Cook market share after collapse October 22, 2019 Package holiday firm On the Beach has jumped at the opportunity created by the collapse of Thomas Cook, it said today, nudging shares up in early trading. The London-listed firm said the failure of the 178-year-old travel giant has “created an unprecedented opportunity to take additional market share at an increased rate”. Read more: Thomas [...]
The wings of the Red Arrows are elevating UK trade interests across North America August 13, 2019 IT IS more than a decade since the unique sight of the Red Arrows – Britain airborne in formation – was last seen in the skies of the United States Yesterday, they took to the skies in Canada at the Gatineau Airshow, marking the beginning of an 11-week tour of North America, which includes visits [...]