Designmynight founders raise £5m for new tech venture
The founders of hospitality booking platform Designmynight have raised $6.35m (£4.9m) for their new tech venture. Nick Telson-Sillett and Andrew Webster, who scaled Designmynight and sold it for £
Amazon cleared for take-off as delivery drones to be tested in the UK
The use of Amazon delivery drones in the UK will be tested by the Civil Aviation Authority (CAA), in its latest move to modernise UK airspace. The CAA will test machines which fly out of the human con
London venture capital firm pumps cash into British AI robotics business
Sure Valley Ventures, a London-listed investment firm which specialises in helping early-stage software companies to scale up, is set to expand its AI robotics portfolio with two new investments worth
Admiral shares fly to the top of the FTSE 100 as firm hikes dividend amid profit surge
Admiral Group has reported its half-year turnover leaped 43 per cent to £3.2bn, due to a strong performance in insuring UK motors
ITM Power stock price drops after disappointing forward guidance
Green hydrogen firm ITM Power’s revenue tripled from £5.2m last year to £16.5m, but the group’s stock price was hit by a downgrade in forward guidance. The power company made an adjusted operati
Magners and Tennent’s owner C&C outperforms in tough alcohol market
Drinks company C&C, the owner of brands such as Magners and Tennent’s, has said it’s on track to meet expectations this year despite well-documented troubles in the alcohol industry. The firm, whi
OneSavings Bank shares tumble as rising mortgage competition prompts guidance downgrade
Shares in FTSE 250 lender OneSavings Bank (OSB) dropped as much as 19 per cent on Thursday after the group lowered its forecasts for the full year on the back of rising competition in the mortgage mar