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News

  • June 26, 2024

Brick Lane Beigel Shop reopens today. Here’s why it shut

Owners said "In recent times, we've faced trials, including complex family dynamics and health setbacks, common in many extended-family businesses.”

  • June 26, 2024

Apax Global Alpha launches ‘flexible’ capital allocation framework and kicks off buyback

Private equity investment trust Apax Global Alpha has unveiled a new capital allocation framework and kicked off a share buyback programme to take advantage of "wide discounts", also announcing the re

  • June 26, 2024

Warpaint London: Makeup firm behind W7 sees sales soar following Superdrug deal

Warpaint London, the company behind makeup brands W7 and Technic, has revealed a strong start to its financial year with sales up £10m following a deal with Superdrug.

  • June 26, 2024

Accsys’s fall in revenue leaves it struggling to see wood for the trees

Sustainable timer maker Accsys blamed "recessionary forces" as being behind a fall in revenue and profit in its preliminary full year results.

  • June 26, 2024

Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up

The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.

  • June 26, 2024

Universal eyeing Alton Towers with new UK theme park and £50bn boost

A proposed Universal theme park could provide a £50bn boost to the UK economy and be open 365 days a year.

  • June 26, 2024

Drax Group to sell 90,000 metre points to EDF Energy

British power firm Drax has announced it will sell up to 90,000 customer meter points to EDF Energy after a strategic review of its energy supply business.

  • June 26, 2024

Tech firm Checkit abandons takeover pursuit of AIM-listed Crimson Tide

Checkit is now unable to submit another takeover proposal for six months. It had previously attempted to engage in discussions with Crimson multiple times over the last four years.

  • June 26, 2024

Alliance Trust and Witan Investment Trust agree to merge in sector’s largest deal to date

Two massive investment trusts have agreed to the largest merger from the sector ever, as Witan investment trust is set to be rolled into Alliance trust.

  • June 26, 2024

Lifesafe reports revenue jump as company at the ‘start of the journey’

Fire extinguisher maker Lifesafe has attributed the sizeable uptick in revenue in 2023 to its focus on digital retailing, saying its full year results represent the "start of the journey" to deliver s

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