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29.11.2021 - 12:13
Business
Sky News
Bleak Black Friday for high street? Bargain-hunters went elsewhere, data shows
The high street suffered its first decline in visitors for a Black Friday on record, according to industry data that suggested spending may have held up more widely.Springboard, which measures so-called footfall across retail destinations for the industry, reported a 2% rise in the number of visits to shopping areas overall in the week leading …
29.11.2021 - 11:33
Business
Euro News
Crypto sharing name with Omicron variant outperformed Bitcoin soaring 900%. Can we trust it?
29.11.2021 - 11:33
Business
Euro News
Crypto sharing name with Omicron variant soared 900%, outperforming Bitcoin. Is it here to stay?
29.11.2021 - 11:25
Business
Evening Standard
Newly rebranded Molten Ventures hits hot streak on backing Covid winners
Recently rebranded London-listed venture capital firm Molten Ventures, formerly Draper Esprit, has seen its investments in fast-growing pandemic winners such as online car retailer Cazoo and fintech Revolut pay off. The firm, which has a market cap of around £1.3 billion and a portfolio of over 17 companies spanning climate tech to cloud computing, saw …
29.11.2021 - 11:00
Business
Sky News
Demand for credit surges amid rising costs while mortgage approvals slip back
Credit card borrowing surged last month as households faced up to rising costs across the economy while mortgage approvals fell sharply to levels not seen since before government aid for the housing market was introduced.Bank of England data showed consumers borrowed a net additional £706m during October – a sum dominated by £637m in new …
29.11.2021 - 10:26
Business
Business Weekly
Marshall of Cambridge selling motor group shares for £201.6m
Marshall of Cambridge has agreed to sell its 64.4 per cent stake in Marshall Motor Holdings for £201.6 million. It is selling to Constellation Automotive Group for 400p per share in cash for the entire issued and to be issued share capital of MMH. A Marshall of Cambridge (MCH) spokesperson said: “This was not an …
29.11.2021 - 10:00
Business
Evening Standard
Wetherspoons signs 20-year on-tap deal with Budweiser in shift away from Heineken
JD Wetherspoon has signed a new 20-year supply deal with AB InBev‘s Budweiser, marking the end of a four decade-long arrangement between the pubco and brewing giant Heineken. The deal will see Budweiser become the Wetherspoons‘ largest supplier from December 15. (The pubco also recently agreed new deals with BrewDog, Carlsberg Marrston’s and Molson Coors).Budweiser, …
29.11.2021 - 09:55
Business
Business Live
Bristol city centre office building sold off in £20m deal
A major office building in Bristol city centre is to be sold off in a multimillion-pound deal, its owner has announced. Posting its interim results for the six months to September 30, regional office investment firm Circle Property confirmed plans to “dispose” of One Castlepark by the end of 2021. The Jersey-headquartered company is selling …
29.11.2021 - 09:49
Business
Sky News
Buyout tycoon Hands plots £300m takeover of housebuilder Hopkins Homes
Guy Hands, the private equity tycoon, is plotting the £300m takeover of East Anglia’s biggest private housebuilder as he tries to create an industry powerhouse.Sky News has learnt that Mr Hands’ Terra Firma Capital Partners has lodged a bid for Hopkins Homes, which was established by James Hopkins in 1992. City sources said that Mr …
29.11.2021 - 09:33
Business
Business Live
Northcoders expands into North East by launching training hub in Newcastle
An award-winning company that helps people break into well-paying IT careers is to open a training hub in Newcastle. Northcoders – which provides for software coding from its bases in Manchester and Leeds – has opened a training centre at the TusPark at Barclays Eagle Labs centre on Grainger Street. The company says it has …
29.11.2021 - 09:31
Business
Business Live
Data app featuring Boohoo, Asos and Topshop secures major funding boost and creates jobs
A technology company which works with the likes of Boohoo, Asos and Topshop has secured a major funding boost. Liverpool-headquartered Margin Guardian has received a six-figure package from NPIF – Maven Equity Finance, managed by Maven Capital Partners. The platform, which provides fashion retailers with data insight and targeting services, will use the funds to …
29.11.2021 - 09:01
Business
Business Live
Budweiser, Stella Artois and Corona maker signs 20-year deal with pub giant JD Wetherspoon
The maker of Budweiser, Stella Artois and Corona has signed a 20-year deal with pub chain JD Wetherspoon to become its largest beer supplier. The deal with Budweiser Brewing Group, which is part of AB InBev, also includes Leffe Blonde and Bud Light as well as Bathtub Gin, Bud Light Seltzer and Mike’s Hard Seltzer. …
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