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Evening Standard
Camden’s 580,000 sq ft Hawley Wharf development to open for Bank Holiday weekend
A long-awaited 580,000 sq ft “sister” to the recently-revamped Camden Market is to open on Friday in time for the Bank Holiday weekend.The canal-side Hawley Wharf development, owned by billionaire entrepreneur Teddy Sagi’s investment firm LabTech, will offer a Curzon cinema, a host of indie retail and leisurebrands and 10 foodie restaurants including HotBox and …
Business
Evening Standard
PureGym returns to profitability after ‘shockingly challenging’ start to 2021
Budget fitness giant PureGym has returned to profitability after a “shockingly challenging first quarter” during which it was shuttered and losing over £500,000 per day. The group, which reported a £214.6 million 2020 loss, lost 12% of its members last year, and saw membership numbers fall further to 1.4 million by the end of March. …
Business
Evening Standard
The UK coped with Covid, it will cope with the latest economic wobbles
First the bad news: there is supply chain chaos afflicting many UK businesses.We can’t find enough lorry drivers to get palates of goods from here to there.Companies, especially in leisure sectors, complain of crippling staff shortages.The UK car industry has seen production levels fall to the lowest since 1956.Government debt is eye-wateringly high and it …
Business
Business Weekly
RealVNC pushes global expansion after acquisition
Cambridge technology innovator RealVNC, a global market leader, has been acquired for an undisclosed sum by Livingbridge – a mid-market private equity firm operating across the UK, US and Australia. Founded in Cambridge in 2002 by the original inventors of VNC remote access technology, and now led by CEO Adam Greenwood-Byrne, RealVNC is a highly-rated …
Business
Business Weekly
RealVNC pushes global expansion after acquisition
Cambridge technology innovator RealVNC, a global market leader, has been acquired for an undisclosed sum by Livingbridge – a mid-market private equity firm operating across the UK, US and Australia. Founded in Cambridge in 2002 by the original inventors of VNC remote access technology, and now led by CEO Adam Greenwood-Byrne, RealVNC is a highly-rated …
Business
Business Live
WeDo Invoice Finance acquires two Essex-based firms out of administration
Business
Business Live
Llandudno hotel once owned by Gavin Woodhouse has been sold out of administration
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Business
Sky News
Virgin Money runs into row over closure of charitable arm
Virgin Money, one of Britain’s biggest retail banks, is to close its charitable giving arm in a cost-cutting move that risks a backlash from fundraisers across the country.Sky News has learnt that the company plans to announce next week that it has decided to close Virgin Money Giving, 12 years after it was set up …
Business
Sky News
NHS urges doctors to halt some blood testing as UK is hit by vial shortage
The NHS has been forced to temporarily halt some blood testing after being hit by a shortage of vials.Becton Dickinson (BD), which makes test tubes for the NHS, warned that serious supply chain issues across the UK was delaying the production of vials. In a memo sent to staff, the NHS told doctors to slow …
Business
Business Weekly
Batteries definitely included as Echion clinches £10m Series A
Echion Technologies, a Cambridge-based leading developer of next generation materials for Lithium-Ion batteries, has completed a £10 million Series A. Echion’s products deliver a unique combination of fast-charging capability, cost-effectiveness, and high energy density; vital for the world’s shift towards decarbonisation through pervasive electrification. The Series-A round has been led by CBMM – the world’s …
Business
Sky News
Chip shortage and pingdemic see car production slump to lowest July level since 1956
UK car production fell to its lowest July level in 65 years last month thanks to the global chip shortage and the “pingdemic”, industry figures show.Just 53,438 vehicles rolled off production lines in Britain, down by 37.6% on last year, according to the Society of Motor Manufacturers and Traders (SMMT). It represented the worst July …
Business
Sky News
Government picks Facebook-critic lawyer to head privacy watchdog
The government has announced its plans to reform the UK’s privacy laws alongside its pick for the next person to head the country’s privacy watchdog – a lawyer who has criticised Facebook as being “morally bankrupt pathological liars”.John Edwards, a New Zealand lawyer and the country’s current privacy commissioner, is known for railing against the …

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