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Wellness brand Moodbeam acquired by fellow Hull firm The 55 Group
Leading Hull digital business The 55 Group has swooped for fellow Hull wellness tech firm Moodbeam. The undisclosed deal, which widens the portfolio of brands held by the city centre operation, builds on trials to test the then-wearable format of the morale-tracker in the construction industry it is aligned to. Moodbeam, founded in 2016 by …
Business
Business Live
Car insurance finetch start up Driverly boosted with six-figure pre-seed investment round
Cardiff-based subscription-based car insurance fintech, Driverly, has been boosted with a significant six-figure pre-seed investment round. The Development Bank of Wales has invested £250,000 in equity into the start-up as part of a £525,000 pre-seed investment round that also involved serial entrepreneur Manuel Santiago as an angel investor, and Duncan Russell, a former chief finance …
Business
Sky News
Catering giant Compass reports recovery that beats expectations
Compass says its profits have almost tripled during the past year in a recovery that has surpassed expectations.The world’s largest food services provider said it has seen record growth as the demand for catering in business and sports has rebounded following the worst of the coronavirus pandemic. Statutory pre-tax profits were £1.5bn in the year …
Business
Business Live
Half-year loss for acquisitive tech firm SysGroup despite revenue jump
A tech firm has fallen to a half-year loss despite a rise in its revenue after making a string of acquisitions. Liverpool-headquartered SysGroup has posted a pre-tax loss of £194,000 for the six months to the end of September compared to a profit of £250,000 during the same period in 2021. The group’s revenue increased …
Business
Business Live
Consultancy on track to triple turnover after fastest company recognition
A fast-growing digital consultancy has announced plans to triple turnover to £6.75 million in the next three years and recruit over 80 new employees., as it aims to become a European leader in digital transformation projects. In recent months, Tribus Digital has delivered major projects in the construction, finance and technology sectors and was recognised …
Business
Business Live
Qatar World Cup: Bosses issued advice over staff wanting to watch games during work
As the Football World Cup kicks off in Qatar, bosses are being encouraged to set out clear guidelines to staff who might want to watch matches during working hours. Workplace advice organisation Acas has published its top tips for businesses to help prevent potential issues that could arise over the World Cup period. Many employees …
Business
Evening Standard
Virgin Money staff get 10% pay rise as profits jump
VIRGIN Money presented a surprisingly healthy picture of the UKeconomy today, with chief executive David Duffy insisting the future may not be as dark as City experts fear.He also said 7500 staff will get a 10% pay rise this year — that comes on top of a one-off £1000 cost of living payment made in …
Business
Evening Standard
Pendragon suitor Hedin handed extension by takeover panel
UK car dealership Pendragon has revealed its Swedish suitor has been handed an extension over its potential £400 million takeover move.In September, Swedish motor company Hedin Group approached Pendragon over a possible deal to buy out the entirety of its share capital at 29 pence per share.The group, owned by Anders Hedin, has a 27.5% …
Business
Evening Standard
Virgin Money reveals 10% pay rise for staff as profits jump
Lender Virgin Money has revealed a 10% pay rise for the majority of its 7,500 staff as it notched up a 43% hike in annual profits thanks to surging UK interest rates.The group said it is giving most workers a rise of around 10% on average to help them cope with soaring inflation, which comes …
Business
Evening Standard
Business chiefs and Government clash over calls for immigration to boost growth
Rishi Sunak is under pressure from business chiefs to use immigration to plug gaps in the domestic workforce.The Prime Minister will address the Confederation of British Industry (CBI) on Monday off the back of an autumn statement which put the country on course for tax rises and spending cuts at a time of recession and …
Business
Evening Standard
Compass profits almost triple as sport and business catering rebounds
Catering giant Compass has revealed that profits almost tripled over the past year after its recovery surpassed expectations.The world’s largest food services provider said it reported record new business growth as demand for business and sports catering rebounded following the impact of the pandemic.Revenues surged by 42.5% to £25.5 billion for the year to September …
Press Release
Pressat
A New Hypothesis That Unifies the Big Bang Theory and the Evolutionary Theory
Contact the author: [email protected]                        FOR IMMETIATE RELEASEA New Hypothesis That Unifies the Big Bang Theory and the Evolutionary Theory SYDNEY, AUSTRALIA – November 21, 2022 – A significant step in understanding the nature has been made with the recent publishing of a book, Behind Civilization (3rd. edition), …

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