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Sky News
Boohoo sales slowdown: Shares in fast-fashion group slide as profits slump
Shares in online fast-fashion giant Boohoo have slumped after the reopening of high street stores and shoppers returning more clothes, helping to put the brakes on its rapid expansion.Sales growth in the three months to the end of August slowed to 9% compared with the previous year, a sharp slowdown compared with the 32% growth …
Business
Sky News
Silicon Valley giant Sequoia puts $5bn valuation on data start-up Collibra
A ‘data intelligence’ company which has tapped into one of the hottest investment themes in global technology has won the backing of one of Silicon Valley’s most respected investors.Sky News has learnt that Collibra, which is based in New York but was founded in Brussels, is close to announcing that it has raised $250m in …
Business
Sky News
Fuller-backed fashion designer Roland Mouret on brink of administration
Roland Mouret, the prominent fashion designer, is in urgent talks about its future amid fears that it is about to collapse into administration.Sky News has learnt that stakeholders in 19RM, which counts the entertainment mogul Simon Fuller among its backers, are discussing the option of calling in insolvency experts within days. Further details of the …
Business
Business Live
Welsh hotel occupancy rates at ‘record highs’ over the summer
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Business
Business Weekly
Winners hold mirror to Cambridge’s global success
Science & Technology clusters that dare take their foot off the innovation gas have been shown to slide backwards in the global pantheon: Not so Cambridge. Its thriving cohort of S & T innovators is pushing biotech and hi-tech plays to fresh heights across a range of disciplines.  The net result, looking at in-depth reports …
Business
Business Live
The Mall at Cribbs Causeway in Bristol announces new stores as footfall and sales recover
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Business
Evening Standard
TransferGo raises £37 million as Revolut eyes international payments market
London-based international payments business TransferGo has raised $50 million (£37 million) to fuel expansion in the red-hot cross-border money market. Founder and CEO Daumantas Dvilinskas told the Standard the cash will fund new products and expansion, helping get the business to an IPO. He said: “We have ambitious goals over the next five years to …
Business
Business Live
Dyson in Wiltshire hiring drive as thousands of workers return to its campuses
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Business
Business Live
SPONSORED: Find out more about the 2021 Western Morning News Business Awards finalists
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Business
Business Live
More than 200 homes earmarked for outskirts of Manchester city centre as part of £4bn masterplan
Business
Sky News
Virgin Money to close 31 more sites – is your local branch one of them?
Virgin Money is to close 31 branches with the loss of 112 jobs in the latest round of cuts blamed on the shift to online banking.The cuts, which mainly affect sites in northern England and Scotland, follow previous closures and head office cuts announced last year and will reduce the lender’s number of branches to …
Business
Evening Standard
Virgin Money to axe 31 branches in shift to digital
Virgin Money is to close 31 branches leading to the loss of 112 jobs, the latest sign of banks withdrawing from the high street.In a statement headlined “update on acceleration of digital strategy”, the bank said customers are “increasingly adopting” online banking.While the move seems logical, it will prompt further questions from MPs, worried that …

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