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News

  • January 6, 2025

Renais: Gin brand co-founded by Harry Potter star Emma Watson raises £5m

The luxury gin brand co-founded by Harry Potter star Emma Watson and her brother has raised almost £5m. Renais Gin, which was launched in May 2023, has secured £4.95m on the back of expanding into t

  • January 6, 2025

UK firms shed jobs at fastest rate in three years amid payroll hikes

Weak demand and higher payroll costs have led to the steepest decline in service sector jobs since January 2021, according to a new survey. Nearly a quarter of survey respondents reported a fall in wo

  • January 6, 2025

Lloyd’s of London insurer snubs the City with New York IPO plans

A Lloyd’s of London insurer has dealt a fresh blow to the City by snubbing the London Stock Exchange in favour of New York for its planned IPO, piling fresh pressure on the capital’s bourse after

  • January 6, 2025

Premier League betting wins force Stanleybet into the red

Betters winning big on Premier League football match results contributed to Stanleybet entering the red, it has been revealed. The Liverpool-headquartered company said a “sustained period of player-

  • January 6, 2025

UK funding for AI startups surges but still lags behind US

AI startups captured 25 per cent of all UK venture capital funding in 2024, totalling $15.9bn (£12.8bn) – a sharp rise from $3.1bn (£2.5bn) four years ago. Balderton Capital’s latest data shows

  • January 6, 2025

Buy IAG and sell Wizz Air says broker as British Airways takes off

Analysts have backed British Airways owner International Consolidated Airlines Group (IAG) while warning investors away from budget airline Wizz Air in 2025. Panmure Liberum analysts picked IAG shares

  • January 6, 2025

H Samuel and Ernest Jones owner cuts loss despite £40m sales hit

The company behind high street jewellers H Samuel and Ernest Jones significantly cut its loss despite sales falling by almost £40m during its latest financial year. The Birmingham-headquartered busin

  • January 6, 2025

Brits buy 50m Aldi mince pies as budget grocer hails ‘best Christmas ever’

Aldi has recorded its best festive season ever in 2024, with sales topping £1.6bn in the month before Christmas. Sales at the grocer grew 3.4 per cent year on year, while its seasonal offering rose 1

  • January 6, 2025

Rolex Price Hikes 2025: What They Mean for Collectors and Buyers

The watch community has long speculated about whether Rolex would raise its prices in 2025, and now the answer is clear: yes, they have. The adjustments span across nearly all collections, from the ut

  • January 6, 2025

Arnold Schwarzenegger-inspired Ultimate Performance receives boost

Ultimate Performance, the gym and personal training chain inspired by Arnold Schwarzenegger, received a £1m boost ahead of selling a stake to a private equity firm. The Manchester-headquartered upmar

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