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Business Live
Ex-Rumbelows salesman Mark Smithson announces plans to float Marks Electrical on the AIM stock exchange
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Business
Business Live
Start-ups on FinTech Wales’ inaugural accelerator programme attract strong investor interest to scale-up
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Business
Evening Standard
Eight Roads reveals £330m fund to boost European tech scale-ups
A new $450 million (£330 million) venture capital fund targeting the Europeantech sector was unveiled today, with up to a third of cheques likely to land with later stage UK-based start-up founders.VC fund Eight Roads, an early investor in Alibaba and backer of UK tech-enabled companies Cazoo, Made.com and Treatwell, has invested hundreds of millions …
Business
Business Live
Hundreds of employees return to Royal Liver Building as Princes launches new hybrid working model
Business
Business Live
Burnley FC’s US owner offers to buy up remaining fan-owned shares in Premier League club
Business
Evening Standard
Marks Electrical reveals plans to list on AIM amid online shopping boom
White Goods retailer Marks Electrical today revealed plans to list on London‘s junior AIM market after benefiting from the pandemic online shopping boom. The company, launched in 1987 by founder-CEO Mark Smithson from his father‘s Leicester garage, saw revenues soar by 78% to £56 million in the year to end March. The listing, expected to …
Business
Sky News
Kwarteng hunts climate change expert to bolster Whitehall’s green credentials
Kwasi Kwarteng, the business secretary, will this week kick off a search for a climate change expert to join his department’s board as the government tries to make a convincing case of its green credentials ahead of the COP26 summit.Sky News understands that the Department for Business, Energy and Industrial Strategy (BEIS) will advertise for …
Business
Evening Standard
New car sales plummet in September as chip shortages bite, SMMT reveals
Sales of new cars plunged in September – usually a buoyant month for the sector – amid an ongoing global semiconductor shortage, latest figures from the Society of Motor Manufacturers and Traders (SMMT) have revealed.Registrations fell by nearly 35% year-on-year to 215,312 in the month . It was the lowest September level seen since 1998, …
Business
Evening Standard
Greggs to expand quickly in central London despite inflation pressures and staff shortages
Greggs boss Roger Whiteside upped profit forecasts today, renewed his prediction that the baker will grow to 3000 stores and had a simple message for Londoners: We are coming.The fall in property costs in central London means it plans to expand rapidly in the centre of town from just 19 stores to many more.“We are …
Business
Sky News
Greggs warns on rising prices but declares sausage rolls are ‘safe’ from shortages
Greggs has announced plans to accelerate the pace of new store openings despite admitting disruption from staff and ingredient shortages in the UK supply chain crisis.The bakery chain, which had admitted “temporary interruptions” in the supply of some ingredients just over a month ago, said on Tuesday that it was expecting cost pressures to only …
Business
Sky News
Chip shortage sees new car sales slump by a third in key month of September
New car sales plunged by 34.4% in September as chip shortages inflicted a major setback on what is normally a key month for the sector, according to industry data.Just 215,312 new vehicles were registered, the weakest for the month since the “two-plate” system for new cars was introduced in 1999, said the Society of Motor …
Business
Euro News
Facebook, Instagram and WhatsApp back online after global outage

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