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Evening Standard
Seraphim: Investors rush to get on board space tech fund’s £180 million float
Seraphim Space Investment Trust lifted off on its London debut on Wednesday morning as investors delighted at a chance to explore a new frontier.The Airbus-backed Seraphim Capital saw its near-£180 million raise oversubscribed amid support from both City institutions and retail investors. It plans to acquire stakes in early-stage space tech firms and invest in …
Business
Business Live
Holy Island ice cream company Pilgrims Gelato switches to vegan
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Business
Evening Standard
Dunelm doubles sales amid home improvements boom
Britain‘s home improvement boom is outlasting the end of lockdown, helping Dunelm achieve a tidy set of results. The homewares retailer said sales in the 13 weeks to June 26 were up over 100% year-on-year to £380.1 million – a 43.9% rise compared to the same period pre-pandemic in 2019. Full year sales were up …
Business
Business Live
Merseyside Beales to reopen with a ‘very new look’ after pandemic closure
Business
Sky News
Ibiza, Majorca and Menorca put back on amber travel list
The Balearic Islands, which include the tourist hotspots of Ibiza, Majorca and Menorca, will be moved back to England’s amber travel list.Transport Secretary Grant Shapps said the move will take effect from 4am on Monday, which will coincide with changes to the rules on quarantine for people arriving from amber destinations. Live COVID updates from …
Business
Business Live
ADVERTORIAL: Smailes Goldie says nimbleness has helped businesses during the pandemic
There are all sorts of qualities that make for a great business. Having a compelling story to tell. Competitive pricing. Well-managed finances. Strong relationships with people. Creativity. Resilience. But the one that has really stood out this year has been adaptability. Changing to meet the demands of new circumstances has rarely been so important. Businesses …
Business
Evening Standard
The Bank of England is probably right about inflation. It had better be…
Is the Bank of England right that inflation is just a temporary blip? Well, probably, but it had better be.Over on Threadneedle Street they are outspokenly sure about this one, with Governor Andrew Bailey lately insisting his view that inflation will pass is “well-founded, it is not a vain hope, nor a matter of whistling …
Business
Evening Standard
SSP chief quits less than two years into the job for big money in private equity
The chief executive of Upper Crust station and airport caterer SSP has abruptly quit less than two years into the job and just months after tapping investors for nearly £500 million to get it through the Covid crisis.Simon Smith will leave by the end of the year to join an unnamed private equity-backed company planning …
Business
Sky News
Masks to remain compulsory on London transport and will be enforced, warns mayor
Sadiq Khan has warned commuters and tourists that “hundreds” of Transport for London (TfL) enforcement officers will continue to impose the wearing of face masks on services in the capital beyond 19 July – and those caught breaking the rule will be thrown off trains, tubes and buses.The mayor of London said he was also …
Business
Sky News
Signs that inflation rise is temporary – but could it prove sticky?
There are, in very broad terms, two schools of thought about the recent rise in inflation.The first is that while prices are certainly accelerating faster than expected (this is the second month in which the consumer price index (CPI) rate of inflation was both above the Bank of England’s 2% target and higher than economists …
Business
Sky News
Rising cost of food and transport sees UK inflation rise again
The rate of inflation in the UK rose again in June, outstripping economists’ predictions and passing the Bank of England’s stated target of 2%.The Office for National Statistics (ONS) said the consumer prices index (CPI) measure rose by 2.5% in the 12 months leading up to June 2021, the highest rate for nearly three years, …
Business
Business Weekly
Everyone’s a winner for red hot chocolate specialist
Quoted Cambridge Cluster company Hotel Chocolat is gorging on success after a set of tasty results you could have picked with your eyes shut! Full year revenues of £165 million to June 27 were 21 per cent ahead year-on-year and 24 per cent up on 2019 – the last financial year before the full impact …

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