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Evening Standard
Facilities by ADF IPO: Trailer provider to the stars becomes London’s first float of 2022
London saw its first IPO of the year this morning as Facilities by ADF floated on the junior AIM market. The company provides production sites with accommodation, make up rooms and toilets in trailers.Clients include Netflix, Disney and the BBC. It supplied every series of Peaky Blinders – including actors‘ living quarters and make-up trucks. …
Business
Sky News
Former Deloitte restructuring chiefs swoop on KPMG offshore arm
The strategic consulting firm which last year led the buyout of Deloitte’s UK restructuring operations will this week swoop on an overseas unit of KPMG, another of the big four global accountancy firms.Sky News understands that Teneo is close to announcing the acquisition of KPMG’s Cayman and British Virgin Islands restructuring division, giving it a …
Business
Evening Standard
Sessions: Food startup from former Deliveroo MD and Soho House finance chief raises $10m to fuel expansion
Sessions, a food start-up co-founded by a former managing director of Deliveroo, has raised £7.4 million from big-name investors to fuel expansion.The brand was launched by Dan Warne and former Soho House finance chief Ian Banks, and is chaired by leisure sector veteran Graham Turner. It provides both venues and digital platforms and “incubates” up-and-coming …
Business
Business Live
Winners of 2021 Nottinghamshire Live Women in Business Awards revealed
Women who are playing a key role in business and making their mark on their respective industries have been recognised at the 2021 Nottinghamshire Live Women in Business Awards. The awards – organised by Reach plc and headline sponsored by Hillarys blinds – aim to shine a spotlight women who have triumphed in business and …
Business
Business Live
First batch of battery-grade lithium produced at £3m Cornish pilot plant
The first batch of high purity, battery-grade lithium has been produced at a newly opened £3m pilot plant in Cornwall. In what is believed to be a world first, British Lithium has produced lithium carbonate at pilot scale from the mica in granite in its new plant near Roche, which is near St Austell. Funded …
Business
Business Live
Covid test rules set to be relaxed to combat staff shortages
Coronavirus testing rules are set to be eased to reduce the time people have to spend in isolation as Boris Johnson acts to combat staff absences in key parts of the economy and health service. People who test positive on a lateral flow test will no longer need a confirmatory PCR to begin the self-isolation …
Business
Sky News
Local authority-backed Together Energy latest to face collapse
A local authority-backed energy supplier with 170,000 customers faces collapsing within weeks as a last-ditch search for new funding nears its end.Sky News has learned that Together Energy, which is 50%-owned by Warrington Borough Council, is likely to run out of money later in January without an emergency capital injection. A source close to a …
Business
Business Live
Turnover and profits rise at company founded by former MyProtein managing director
Turnover and profits have rose at a Cheshire-based business, which was founded by a former MyProtein managing director, during its latest financial year. Protein Works has reported a turnover of £25.6m for the 12 months to the end of August 2021, up from £17.6m, while its pre-tax profits increased from £1.3m to £1.8m. Its adjusted …
Business
Sky News
Shoppers’ monthly grocery bills were £15 higher this Christmas
Shoppers’ monthly grocery bills were nearly £15 higher in December than a year earlier according to industry data – adding to evidence of growing pressure on the cost of living over Christmas.Figures from data company Kantar showed supermarket price inflation climbed to 3.5% in the four weeks to 26 December, its highest since June 2020. …
Business
Evening Standard
Playtech’s £2.7 billion Aristocrat sale hits snag as Eddie Jordan given more time for counter
Playtech’s £2.7 billion sale to Australian slot machine giant Aristocrat is hanging in the balance after the London-listed gambling business moved to delay a shareholder vote on the deal.Playtech, which makes software for gambling companies, said it was pushing back shareholder approval of the Aristocrat deal. A vote was originally slated for 12 January but …
Business
Sky News
Sony reveals virtual reality gaming system for PS5 and new VR Horizon game
Sony has revealed more about its next generation virtual reality gaming system for the PS5 at the Consumer Electronics Show in Las Vegas.The announcement has been recognised as Sony offering a significant upgrade on the original PSVR which was released in 2016 and has since seen intense competition. Also announced is the first exclusive title …
Business
Business Live
Award-winning Elmtronics acquired by global EV company Mer
An award-winning North East company working in electric vehicle charging has been acquired by a global leader in the sector. Consett-based Elmtronics – winner of the high growth and ambition award at the Durham, Sunderland and South Tyneside Business Awards in 2020 – has been acquired by EV charging company Mer, headquartered in Israel, to …

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