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Evening Standard
BuyMeOnce: Sustainable retail startup launches crowdfunding campaign in bid to grow buy-for-life ‘movement’
A female-founded, London-based sustainable retail startup has launched a £500,000 crowdfunding campaign in a bid to grow its buy-for-life “movement”. BuyMeOnce.com rates and sells durable products that come with a lifetime guarantee. Its founder, north Londoner Tara Button, launched the business aged 31 in 2016 on a mission to reduce consumer waste and help the …
Business
Sky News
Finance giants devise climate plan to speed up closure of coal-fired plants in Asia
Major financial firms, including the British insurer Prudential and UK banking giant HSBC, are behind plans to speed up the closure of Asia’s coal-fired power stations in the face of the climate crisis.The initiative, which is being driven by the Asian Development Bank and also involves global lender Citi and BlackRock Real Assets, aims to …
Business
Sky News
Pepsi squeezes $3.3bn from Tropicana in private equity deal
PepsiCo has agreed a $3.3bn (£2.4bn) deal to offload a majority stake in Tropicana and other juice brands.The New York-based drinks and snack giant said it would retain a 39% interest in the joint venture with PAI Partners of France. It had bought Tropicana in 1998 for $3.3bn.Other brands in the agreement include Naked Juice …
Business
Business Weekly
Mestag extends seed financing to $45m with new backers
Mestag Therapeutics in Cambridge, a breakthrough inflammatory disease and immuno-oncology company, has closed an oversubscribed seed round extension to take the total to $45 million.  The extension of $34m was led by Amsterdam-based investment firm Forbion together with global healthcare investors GV (formerly Google Ventures) and Northpond Ventures and supported by founding investors SV Health …
Business
Evening Standard
Fewer car sales and new drivers cut Churchill car insurer Direct Line’s claims
Churchill car insurer Direct Line today said motor premiums had stabilised and claims frequency levels were returning to normal after the easing of lockdown restrictions.The group’s gross written premium figure for motor insurance fell 6.2% in the first half of the year, but with the reduction moderating to 1.5% in the second quarter.Fewer new car …
Business
Business Live
Forterra to invest £27 million into Staffordshire brick factory
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Business
Business Live
Loganair launch new Cardiff to Edinburgh service
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Business
Business Live
Derelict former theme park site sold to kick start regeneration
Business
Evening Standard
Domino’s pledges to return more cash to shareholders as pizza firm reports soaring profits
Domino‘s Pizza Group revealed a £35 million raise to its share buyback program on Tuesday, on the back of soaring profits. The UK arm of the pizza giant reported sales of £752.3 million for the six months to June 27, up nearly 20% on the same period last year, during which Domino’s had already seen …
Business
Sky News
Rolls-Royce picks British bidder for marine arm after Norwegian veto
Rolls-Royce Holdings has picked a UK government contractor as the preferred bidder for its maritime engine manufacturing arm after an earlier sale to a Russian group was vetoed by Norwegian politicians.Sky News has learnt that Rolls-Royce is racing to finalise the sale of Bergen Engines to Langley Holdings, a Nottinghamshire-based industrial conglomerate, ahead of the …
Business
Evening Standard
Travis Perkins revenues soar as construction sector bounces back
Travis Perkins has reported booming sales after completing its Wickes demerger and amid a bounce back in the construction sector. The building materials group increased its full year profit guidance today on the back of seeing revenues for the six months to July up nearly 38% on the same period in 2020, to £2.3 billion. …
Business
Business Live
Anthony Joshua-backed firm signs deal with Premier League club

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