Octopus Energy now worth over £7bn after two major investors up stakes
Octopus Energy is now worth more than £7bn after two of its largest investors increased their stakes in the company.
Winding-up petition puts Chamberlin’s future in doubt as shares suspended
The future of specialist castings and machining group Chamberlin has been placed into serious doubt after it was issued with a winding-up petition and its shares were suspended from trading.
Rathbones cashes in on Hipgnosis bidding war as it sells almost entire stake
A major shareholder has sold almost its entire stake in Hipgnosis Songs Fund after its shares spiked following a bidding war.
Finding the ‘Turing of tomorrow’: Multi-million pound maths grant to bolster AI and nuclear
An open competition will run where organisations can apply for the grant funding, which will distributed over the next three years. It will be open until 4 June.
Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance
Labour’s shadow Chancellor, Rachel Reeves, speaking in the City of London today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last we
UK to bid recession farewell as debate over state of the economy heats up
New figures out this week are set to show that last year's shallow recession has come to an end as political debate about the state of the economy heats up.
Nissan chief warns China’s EV car market is a ‘survival game’
Nissan boss Makoto Uchida has described the Chinese market as a “survival game” after the Japanese carmaker cut its estimates for car sales in February
Castore: Andy Murray-backed sportswear brand makes first acquisition since near £1bn valuation
Castore, the sportswear brand backed by the likes of Andy Murray and the billionaire co-owners of Asda, has made its first acquisition since it was valued at almost £1bn.
Green light given to class-action lawsuit over electricity costs
Damages sought for consumers are in the hundreds of millions of pounds.
Small trust worth £30m moves in for £600m Abrdn Asia Dragon
In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.