Marshmallow, the British insurance unicorn, is close to finalising a new capital injection valuing it at more than £1.5bn, despite the difficult funding environment facing… Read More »Insurance unicorn Marshmallow finalises fundraising at £1.5bn valuation
The Post Office has unveiled plans for scores more job cuts as part of a transformation plan aimed at boosting payouts for thousands of sub-postmasters.… Read More »Post Office unveils new wave of cuts to fuel transformation plan
Ovo Energy, Britain’s fourth-biggest household energy supplier, has struck a £150m deal to acquire its brand from the company’s founder as part of a reorganisation… Read More »Ovo Energy buys brand from founder as capital-raise looms
A producer of robotics software spun out of the University of Sheffield will this week unveil a multimillion-pound fundraising led by the investment vehicle chaired… Read More »Robotics firm BOW lands £4m from Northern Gritstone-led group
Rachel Reeves will this week announce plans to unlock tens of billions of pounds from corporate pension schemes as part of government plans to kickstart… Read More »Reeves to seek billions for growth from corporate pension surpluses
WH Smith is in secret talks to sell its entire high street business in Britain more than 230 years after it opened its first shop… Read More »WH Smith in secret talks to sell historic high street arm
The family behind Lakeland, one of Britain’s most prominent privately held retailers, is exploring a sale after more than 60 years amid growing cost pressures… Read More »Lakeland’s family owners hoist ‘for sale’ sign ahead of tax rises
Primark’s owners have reported a rare plunge in retail sales during the crucial Christmas quarter, underlining the challenges facing even discount retailers in the tough… Read More »Primark sales woes underline the challenges facing retail
Netflix is raising prices for some subscribers as it reported 18.9 million new customers in the last three months of 2024. Prices will rise for… Read More »Netflix to raise prices for some subscribers as it reports millions of new customers
There has been a surge in the pace of wage growth but a rise in the jobless rate following a big drop in the number… Read More »Big drop in payroll employment after budget but wage growth rises