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Business Live
People on the Move: key North East appointments and promotions
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Business
Business Live
The billions in rail and bus investment that Wales needs
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Business
Evening Standard
London’s meat-alternative startup THIS secures £11 million to fuel expansion after bumper year
Hyper-realistic meat-free startup THIS has secured £11 million from VC firms to fuel further expansion after enjoying a bumper year. The London-based supplier creates products including THIS “ISN’T” pieces of chicken, nuggets and strips of bacon from soy and pea proteins that can be found on shelves in Waitrose or inside Honest Burger buns. Today …
Business
Evening Standard
Coca-Cola HBC snaps up 30% stake in 140-year-old Italian roaster Caffè Vergnano
Coca-Cola HBC has taken another step into the coffee market, snapping up a 30% stake in 140-year-old Italian roaster Caffè Vergnano for an undisclosed sum.The firm is set to hold exclusive distribution rights to the brand’s beans and espresso pods outside of Italy once the deal completes later this year.The dual London and Athens-listed bottler …
Business
Business Weekly
SoftBank boosts CMR Surgical fundraising to c$1bn, a new world MedTech high
CMR Surgical, the Cambridge-based global surgical robotics business, has smashed all MedTech fundraising efforts with a new round that has taken its cash haul in recent years to just shy of $1billion. It gives the business a valuation of more than $3bn. Arm’s parent SoftBank in Japan led the $600m Series D through its Vision …
Business
Sky News
Burberry shares plunge as Marco Gobbetti quits for ‘another opportunity’
Burberry is to lose its chief executive Marco Gobbetti, almost five years after he was brought in to turn around the luxury brand’s fortunes.The company said he had notified the board of his intention to step down at the end of the year “to take up another opportunity that will enable him to return to …
Business
Evening Standard
FTSE 100 starts the week flat as rising Bitcoin shrugs off Binance ban by UK regulators
The FTSE 100 was today set to start the week flat while Bitcoin continued making gains after last week’s fall despite the UK clampdown on the Binance marketplace over moneylaundering concerns.Binance Markets Limited – the UK arm of the leading crypto site, was ordered to stop all advertising on Wednesday and post a notice prominently …
Business
Sky News
City watchdog bans major cryptocurrency exchange Binance from UK operations
The financial regulator has banned one of the world’s largest cryptocurrency exchanges from operating in the UK, but has not outlined its reasons for doing so.The Financial Conduct Authority (FCA) announced over the weekend that Binance Markets Ltd, Binance’s only regulated UK entity, “must not, without the prior written consent of the FCA, carry out …
Business
Sky News
Unvaccinated Britons arriving in Portugal must quarantine from today – as EU considers tightening rules
British travellers to Portugal who are not fully vaccinated against coronavirus must quarantine for 14 days on arrival from today.Anyone travelling to mainland Portugal by air, land or sea, will have to prove they have had two doses of a COVID-19 vaccine at least two weeks ago, or have to isolate. The new rules, introduced …
Business
Sky News
Chrysalis emerges with £75m stake in Smart pensions platform
A frenzy of capital-raisings by UK-based financial technology companies will continue this week when a prominent London-listed fund manager takes a £75m stake in Smart, the retirement savings platform.Sky News has learnt that Chrysalis Investments, which has backed companies including buy-now-pay-later lender Klarna, Starling Bank, the digital lender, and the cross-border payments app Wise, will …
Business
Business Live
Can business be a force for good? Greggs and Sage think it can
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Business
Sky News
Digital giant LadBible weighs £400m float as audiences boom
LadBible Group, the youth-focused digital publisher, is exploring a stock market listing or partial sale that would catapult its co-founder into the ranks of Britain’s super-rich.Sky News has learnt that LadBible, which was founded by Solly Solomou and Arian Kalantari in 2012, is working with Zeus Capital, the investment bank, on a review of a …

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