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News

  • May 21, 2024

Singapore Airlines: One dead and many injured after severe turbulence on flight from London Heathrow

At least one person been killed nd many others hurt after severe turbulence hit a Singapore bound flight from London.

  • May 21, 2024

Losses mount for Lebanese restaurant group Comptoir

The group behind Lebanese restaurants Comptoir Libanais and Yalla Yalla has reported losses of £1.6m, following what bosses describe as a year of “erratic” footfall and soaring costs.

  • May 21, 2024

Smiths Group: Engineering and tech giant on track as new chief settles in

New Smiths Group chief Roland Carter has overseen a solid first quarter in his first few months at the company.

  • May 21, 2024

Court of Appeal denies Tom Hayes’ Supreme Court bid, but certified points leaves the door open to apply directly

Former Libor trader Tom Hayes application to take his case to the highest court in the UK was refused by the Court of Appeal

  • May 21, 2024

Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR

London-based insurtech Vitesse has secured a new $93m (£73.2m) funding round to support its expansion in the US.

  • May 21, 2024

XP Power rejects US giant’s £571m takeover bid which ‘fundamentally’ undervalued firm

Advanced Energy Industries upped the stakes in its bid for the electronic component supplier XP Power, but its latest offer was ultimately rejected.

  • May 21, 2024

Based in an old Bermondsey biscuit factory, this London cancer drug firm just raised millions

Founded in 2012 by a PhD student, Labgenius uses technology to create more effective and safer antibodies for cancer treatment.

  • May 21, 2024

The Works hoping to return to profit growth following challenging year

Discount books and crafts supplier The Works is hoping to deliver more than £8m in profits next year, following a challenging 12 months in which it closed dozens of shops across the UK.

  • May 21, 2024

Ocado: Marks and Spencer-linked grocer is fastest-growing for third straight month

Ocado has maintained its position as the fastest growing supermarket for the third month in a row, as efforts to cut prices continue to pay off.

  • May 21, 2024

Cazoo braces for collapse into administration as rescue deadline expires

Cazoo is expected to collapse into administration later today after a deadline to find a rescue deal expired.

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