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…
Browsing: investment
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…
The push for tax reductions for electric vehicle and heat pump manufacturers aims to enhance the UK’s net zero efforts.The CBI proposes a reduction of corporation…
The Saudi Arabian Public Investment Fund has acquired a 40% stake in Selfridges, marking a new chapter for the iconic department store group.This acquisition follows the…
A coalition of over 70 retail CEOs is advocating for the creation of a Retail Rates Corrector.The proposed correction seeks a 20% reduction in business rates…
This week, the UK tech scene spotlighted significant funding activities, with key investments spanning robotics, health tech, and AI analytics.Investment in UK tech companies reached £108.6…
Frasers Group, led by Mike Ashley, supports a £40m AI startup fund in the UK, emphasizing innovation in technology.Iona Star, a venture capital firm, raises £22m…