Oxford Biomedica issues new shares to secure a £17m investment
Cell and gene therapy company Oxford Biomedica has announced a near £17m investment which will see it issue new shares to the London Stock Exchange.
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid
A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
House of St Barnabas liquidators begin hunt for buyer
The liquidators managing the collapse of The House of St Barnabas (HOSB) have kicked off their hunt for a buyer for its historic Greek Street address six months after the charity-cum-private members c
Atom Bank notches first annual pretax profit after jump in mortgage lending
Atom Bank has become the latest UK digital lender to swing to its first annual profit, with the group benefiting from higher interest rates and a jump in mortgage lending.
Mike Ashley’s Frasers Group begins £80m share buyback scheme
Mike Ashley's Frasers Group, which owns the likes of House of Fraser and Sports Direct, has launched a new share buyback programme of up to £80m.
Advanced Energy pulls out of XP Power pursuit
US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.
Premier Inn owner Whitbread hails improved Germany sales as London bookings falter
Premier Inn and Beefeater owner Whitbread saw sales at its German hotels improve slightly, partially offsetting its stagnant occupancy rates in the UK.
Aston Martin supplier Surface Transforms delays results again amid share price woes
Surface Transforms said it anticipates full-year results will finally be published in late June 2024, having previously been expected in mid-April.
Recruitment firm SThree posts drop in fees as tech giants slash jobs
London-listed recruitment firm SThree has posted a drop in fees amid a "challenging backdrop" and mass global layoffs across the technology industry.
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m
A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.