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Kylie and Cowell-backed music service ROXi in race for new funding
A music-streaming service whose shareholders include Simon Cowell, Kylie Minogue and Robbie Williams is racing to raise millions of pounds within weeks.Sky News has learnt that ROXi has appointed Begbies Traynor Group, the professional services firm, to work alongside Rockefeller Capital Management on the hunt for new capital. Founded in 2014, ROXi described itself as …
Business
Evening Standard
Louise Haigh warns CrossCountry train company over service reductions
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Louise Haigh has expressed “serious concern” about railway operator CrossCountry, warning she may take further action amid its ongoing reduction in services.The …
Business
Evening Standard
Hopes that bin strikes could be called off following ‘improved’ pay offer
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Council leaders have said they hope impending strikes by waste and recycling workers across much of Scotland will be called off after …
Business
Evening Standard
FTSE finishes higher as European markets steady
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.London’s top financial indexes made further gains on Friday as calm returned to trading across European markets.The FTSE 100 moved higher during …
Business
Business Live
People on the move: key North East appointments and promotions
Regional law firm Hay & Kilner has welcome 20 new people to its team. The firm, which has its head office at the Lumen building in Newcastle, has seen new recruits join departments including commercial disputes, rural property, corporate restructuring, criminal defence, family law and private client services, in a range of roles including senior …
Business
Sky News
SME group urges Cooper to aid riot-affected businesses
Britain’s most influential small business group is urging the home secretary to ensure swift support for SMEs affected by the wave of rioting which has swept Britain in the last 10 days.In a letter to Yvette Cooper, a copy of which has been seen by Sky News, the Federation of Small Businesses (FSB) called for …
Business
Business Live
Principle Estate Management targets North West with latest buyout deal
A property services firm has expanded into the North West with a new acquisition. Birmingham-based Principle Estate Management has bought out FMS Estate Management. The firm, which is based in Poulton-le-Fylde, specialises in block management services such as inspections, repairs, accounts and collecting arrears and rents. This latest, undisclosed deal follows Principle’s purchase of Myhill …
Business
Sky News
Calls for water firms to be ‘punished’ after revelations of sewage permit breaches
The government has “no time to waste” in punishing “disgraced” water companies, the Liberal Democrats have said after obtaining new data on firms breaching permits for sewage spills.The nine water companies in England breached their environmental permits 695 times last year, often due to pumping raw sewage into waterways without permission, a Freedom of Information …
Business
Evening Standard
Unions ‘hopeful’ bin strikes can be averted with Cosla considering new pay offer
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Union leaders are “hopeful” bin strikes can be averted after Scottish ministers put additional funding on the table.However, Chris Mitchell, co-convener of …
Business
Evening Standard
Hargreaves Lansdown to leave London listing behind as it backs £5.4 billion private equity bid
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Hargreaves Lansdown backed the £5.4 billion bid for the FTSE 100 fund manager today from a private equity consortium, a deal that …
Business
Sky News
Major UK-based investment giant agrees to £5.44bn takeover
Leading FTSE 100 investment firm Hargreaves Lansdown (HL) has initially agreed to a takeover offer worth £5.44bn.Under the terms of the 1,140p-per-share offer, investors in the Bristol-based company will get 1,110p per share in cash, plus a dividend of 30p per share. The group of bidders includes buyout giant CVC, alongside Nordic Capital, and Platinum …
Business
Sky News
UK set for Disney jackpot after Deadpool & Wolverine success
Disney plans to spend $5bn (£3.9bn) on making blockbuster films and TV shows in regions including the UK over the next five years.The entertainment giant is said to have been buoyed by the success of its superhero comedy Deadpool & Wolverine, which was made at Pinewood Studios in Buckinghamshire. The recent release, starring Hugh Jackman …

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