Mohsin Issa, former Asda CEO, makes a significant business move post-resignation.Issa invests £10m in the Liverpool-based sports supplement brand, Applied Nutrition.The investment marks his initial business…
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Mohsin Issa, former CEO of Asda, takes a significant step into the sports nutrition market with a £10 million investment.Issa’s investment marks his first business endeavor…
Fenwick, North East’s prominent department store, reported significant progress in narrowing its financial losses amid a challenging retail landscape.After selling its Bond Street store for £430m,…
Venture capital funding for UK startups saw a notable drop in the third quarter of 2024, testing the resilience of many ventures. The significant decline contrasts…
Four major US tech companies are investing in the UK’s data infrastructure, signaling a strong economic commitment.CyrusOne, ServiceNow, Cloud HQ, and CoreWeave plan to establish substantial…
The recent acquisition of a 40% stake in Selfridges by Saudi Arabia’s Public Investment Fund (PIF) signals a significant shift in the retail landscape. Selfridges has…
Amid ongoing challenges in the aviation sector, London City Airport receives a financial boost to stabilize its operations.A consortium comprising Canadian pension funds and Kuwait’s Wren…
THG, the Manchester-based company, sees a 6% drop in shares after raising £95m.The raised funds aim to support the demerger of THG’s Ingenuity division.Investments from major…
THG has successfully raised £95.4 million, exceeding its original target of £75 million, to fund the spin-off of its Ingenuity tech division.THG’s CEO, Matthew Moulding, personally…
THG successfully raises £95.4m, exceeding its initial target, to demerge its Ingenuity division.The funding was achieved through a share placing and subscription offer, overshooting the £75m…