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Evening Standard
Raspberry Pi shares jump 40% after London IPO
UK budget computer firm Raspberry Pi’s shares soared as much as 40% on Tuesday morning after its initial public offering (IPO).Raspberry Pi’s shares hit 392p in early trading, above its IPO price of 280p, which was announced before markets opened.The IPO terms suggested a valuation of £541.6 million, the company said in a stock market …
Business
Euro News
Apple investors eye OpenAI launch as it plays catchup with competitors
Business
Evening Standard
Airports boom during busy half-term as Brits seek sun
THE economy might be steady at best, but airports are booming as people look to get out of the UK, at least on holiday.Heathrow today said it served a record breaking 81.5m passengers in the 12 months to May.Meanwhile a bumper half-term holiday week at London Stansted helped boost May’s passenger numbers to a record-breaking …
Business
Euro News
Microsoft unveils all digital Xbox console at games showcase
Business
Euro News
Business and labour representatives expect a reformist coalition in the EP
Business
Sky News
Barclays branches targeted by pro-Palestine activists
Pro-Palestinian activists say they have attacked 20 Barclays bank branches across England and Scotland as part of a campaign aimed at damaging Israel’s war machine.The Palestine Action group, which has previously focused its campaign on Israel-based defence contractor Elbit’s UK operations, said its members were responsible for the vandalism. Images posted on X showed windows …
Business
Sky News
Pro-Palestine activists target UK Barclays branches
Pro-Palestinian activists say they have attacked 20 Barclays bank branches across England and Scotland as part of a campaign aimed at damaging Israel’s war machine.The Palestine Action group, which has previously focused its campaign on Israel-based defence contractor Elbit’s UK operations, said its members were responsible for the vandalism. Images posted on X showed windows …
Business
Sky News
Hopes for pre-election interest rate cut suffer further blow
The prospect of a pre-election interest rate cut by the Bank of England has been damaged by official figures showing no progress in bringing down the pace of wage growth.Data from the Office for National Statistics (ONS) showed basic pay rising at an annual rate of 6% in the three months to April. That was …
Business
Sky News
‘There’s a stigma attached to going to work’: The 800,000 people who have fallen into ‘economic inactivity’
Michael is fair haired and frail, with a face that tells a story. Until seven years ago his life was perhaps as he imagined it. He was married and working for a fancy food shop in his home town in North Yorkshire.Then something happened. He is reluctant to share the full details but his marriage …
Business
Business Live
Builders’ merchant JT Dove books substantial profit despite challenging market
Bosses at building supplies company JT Dove say 2024 has so far been positive despite a dip in operating profits last year. The historic Newburn-based business published accounts for 2023 in which operating profits fell from £6.5m to £4.02m while revenue remained broadly flat at £94.5m. Managing director Michael Young said 2023 had been a …
Business
Evening Standard
South West Water owner hands boss 58% pay hike despite pollution surge
Under-fire water group Pennon has revealed its chief executive saw her pay package jump 58% after picking up £298,000 shares bonus despite seeing pollution incidents nearly double at South West Water last year.Pennon’s annual report revealed that chief executive Susan Davy’s total pay jumped to £860,000 in 2023-24 from £543,000 the previous year.It said she …
Business
Evening Standard
Labour vows to level playing field for small businesses with overhaul of rates
Labour has promised to level the playing field for small businesses with an overhaul of the business rates system.Speaking at a brewery in his constituency of Holborn and St Pancras, Sir Keir Starmer criticised the Conservative Government for failing to “fix” the system which he said has caused problems for businesses for a “long time”.The …

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