Palo Alto, United States, January 9th, 2025, Chainwire Story harnesses Stability AI open models to connect creators and developers, pushing open-source AI innovation Story, the...
-- Bitcoin fell on Thursday, extending a run of steep losses as risk appetite was rattled by hawkish signals from the Federal Reserve, while the prospect of coin sales...
U.Today - After retracing below the psychological $100,000 threshold, Bitcoin has investors wondering if this is a short-term decline or a more substantial change on the market. As...
Marks and Spencer shares plunged by eight per cent in early deals this morning as investors digested the company’s Christmas trading update. The food and clothing retailer told markets this morning that food sales increased 8.7 in the 13 weeks to December 28, and sales of its new Christmas products grew 14 per cent. This [...]
Greggs reported a record-breaking year in 2024 as the sausage-roll maker surpassed two key milestones, but warned on headwinds in 2025 after “subdued” footfall. In an update to markets today, the high street bakery reported an 11.2 per cent uptick in total sales, which sprung the company upwards of its sales milestone of £2bn. During [...]
What is so revolutionary about femtech? A once-niche term that, since coined by entrepreneur Ida Tin in 2016, has become synonymous with the future of healthcare and technology. The concept quickly struck a chord with the broader healthtech landscape, tapping into an underserved market for women’s health. The industry has witnessed exponential growth over the [...]
Donald Trump and Mark Cuban Lucas Jackson | Reuters; Getty Images Former President Donald Trump …
Supermarket giant Tesco has reported a bumper festive trading period as it continues to cement its place as the UK’s most popular grocer. Food sales rose by 4.7 per cent in the six weeks to January 4, with a “particularly strong contribution” from fresh food, the grocer said. That’s more than double the market average [...]
Proxy voting adviser Institutional Shareholder Services (ISS) has backed Boohoo in its row with Mike Ashley and Frasers Group, urging shareholders to vote against firing the company’s co-founder and vice chair Mahmud Kamani. In November, Frasers demanded that Kamani be removed as a director of Boohoo, leading the firm to call a general meeting scheduled [...]
Value retailer B&M Bargains reported strong revenue growth throughout the golden quarter as consumers sought out low-discount options to meet their festive shopping needs. In a third quarter trading update to markets today, the Liverpool-based firm, which includes Heron Foods, said group revenue was up 3.5 per cent year-on-year. That number fell for B&M’s UK [...]
S4 Capital, the ad giant run by Sir Martin Sorrell, is set to lose its chief financial officer Mary Basterfield. Basterfield has been CFO of S4 Capital since January 2022, having previously worked as CFO of Warner Music Group and UKTV, as well as group finance director of Just Eat. She has a twelve month [...]
A long time ago I got involved in a battle to help a school leave council control and become an academy. This was shortly after Michael Gove, as education secretary, continued the reforming efforts of his Labour predecessors to inject more choice and freedom into the state education sector. The local council, faced with losing [...]
Human rights groups have launched fresh attacks on the fast fashion firm Shein after a representative of the firm repeatedly dodged questions from MPs over where it sourced materials for its clothing. During a Business and Trade Select Committee hearing on Tuesday, Shein’s London-based general counsel for EMEA, Yinan Zhu, repeatedly failed to give a direct answer [...]
Each week we dig into the memory bank of the City’s great and good. Today, it's the entrepreneur behind Flight Club, Red Engine CEO Steve Moore.
The UK’s fintech sector was beaten by only the US on total investment last year despite a sharp fall in funding on 2023 levels, according to new figures. As global fintech investment fell 20 per cent globally to $43.5bn (£35.2bn), the UK attracted $3.6bn (£2.9bn) of total funding, more than than the next five European [...]