Shein considers selling shares to public in potential £52bn London listing August 21, 2024 Fast fashion giant Shein is reportedly considering selling its shares directly to the British public as part of a potential £52bn listing on the London Stock Exchange. The company’s bankers, including JP Morgan, Goldman Sachs and Morgan Stanley, are pushing for plans to sell to retail investors along with institutional investors, according to The Telegraph. [...]
The brothers brewing a Dirtea ‘shroom boom’ in the City August 21, 2024 When burnout hit, Andrew and Simon Salter didn’t rest up. They set out to change the City's views on wellness with their mushroom business; Dirtea.
Google and Apple probes dropped by CMA amid pivot to new regime August 21, 2024 The UK’s competition watchdog has decided to close two investigations into Google’s Play Store and Apple’s App Store, citing a shift in priorities. The Competition and Markets Authority (CMA) was investigating whether Google and Apple have been using their app stores to put British app developers at a disadvantage. It was concerned the tech giants [...]
Value of Molten Ventures’ stake in Revolut more than doubles after employee share sale August 21, 2024 Molten Ventures said the value of its stake in Revolut has more than doubled after the British fintech secured a $45bn (£34.9bn) valuation in a share sale by employees.
Meta: Watchdog greenlights changes to advertiser data rules on Facebook August 20, 2024 The UK’s competition watchdog has given the green light to new commitments from Meta to better protect the data of advertisers on Facebook. Since June 2021, the Competition and Markets Authority (CMA) has been looking into whether Meta has unfairly data from its advertising services to give its Facebook Marketplace an edge over competitors. After [...]
London Pilates studios: Destress at classes for every fitness level August 20, 2024 From energetic, full-body workouts to luxurious, expert-led sessions, there's a London Pilates studio offering classes to suit every fitness goal.
HSBC mulls sale of South African businesses in pivot to Asia August 20, 2024 HSBC is reportedly considering selling its South African businesses as part of its pivot towards Asian markets.
Software firm Tribal reports lower profit following legal settlement August 20, 2024 Educational software provider Tribal Group reported lower post-tax profit and earnings per share in its interim results, sending shares down 5.3 per cent at market open on Tuesday. The Bristol-based company that provides software and services to the international education market, said profit after tax fell 69 per cent to £1.4m in the six months [...]
UK on track for record number of new company creations in 2024 August 20, 2024 The UK is on track for a record year of new company creations in 2024, new data has suggested, in a positive sign for the country's economic prospects.
Is Google a monopoly? Sort of, but that’s the free market August 20, 2024 How about a little trust in the dynamism of the free market? Writes Matthew Feeney
