Packaging firm Macfarlane wraps up Polyformes deal July 8, 2024 London-listed packaging specialists Macfarlane Group made a further move into protective packaging on Monday with the acquisition of Polyformes, it has said.
McLaren F1 boss Brown lambasts team co-ownership, calls for FIA action February 14, 2024 Chief executive of McLaren Racing Zak Brown called for the FIA to look into the practice of co-ownership in Formula 1. Brown has long been critical of co-ownership in the sport and reiterated his concerns when speaking to Sky Sports. He explained: “If you look at every other major sport you’re not allowed to own other [...]
Informa snaps up listed events rival Ascential in sign of buoyant sector July 24, 2024 UK events group Informa has snapped up listed rival Ascential in a bid that valued the owner of the Cannes Lions festivals and Money 20/20 at approximately £1.2bn.
Publishers’ digital revenue on way up despite despite inflationary pressure December 15, 2022 Digital revenue is on the way up as recruitment sites lead the way for online growth. A new report from the Association of Online Publishers (AOP) and Deloitte found total digital revenue for the third quarter of this year was up by 2.7 per cent from last year to £153.5m. Recruitment sites continued to see the strongest [...]
Paysend raises $125m Series B round as it eyes further global expansion May 26, 2021 Global payments platform Paysend has secured a $125m Series B round to help further fund its global expansion plans. Paysend, which launched four years ago, allows customers and businesses to send money online from anywhere in the world in any currency. It boasts more than 3.7m customers in over 60 countries since its launch. “Our [...]
Currys: AI push drives laptop sales surge as retailer nabs nearly 50 per cent of UK market September 5, 2024 Tech retailer Currys has reported a strong start to the year, crediting its “early adoption” of AI products for taking almost half of the UK’s laptop market. The London-listed company, headquartered in Acton, saw its like for like sales in the UK and Ireland grow by five per cent in the 17 weeks ending August [...]
Euro 2024 sweepstake: Who will win the City A.M. Euros title? June 14, 2024 City A.M. towers has Euro 2024 fever and to celebrate we have gone all in with a sweepstake, with Jameson’s prizes on the line. Journalists and editorial drew from the hat. Some were overjoyed, others expressed despair, as they revealed their country to the City A.M. TikTok account. Euro 2024 Group A will see our [...]
Whitbread: Premier Inn owner thanks London travel boom for hike in hotel sales June 22, 2023 Tourists flocking to London for the King’s coronation helped bolster Premier Inn owner Whitbread’s trading in the first leg of the year, as the hotel group revealed an 18 per cent hike in sales. As Brits embraced travel and leisure after the pandemic, the chain of affordable hotels said sales across its 800 strong portfolio [...]
‘Nobel prize of engineering’ finalist Sunamp to raise Series B as it mulls public offering July 2, 2024 An innovative battery firm nominated for the "nobel prize of engineering" is set to raise a Series B funding round in a few months with a future IPO becoming an increasingly "realistic proposition", its boss has said.
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.