Bloom & Wild faces a challenging financial year as losses exceed £100 million amidst a backdrop of waning consumer confidence and a return to physical shopping. The online florist grapples with changing market dynamics and the aftermath of pandemic-induced surges.
Shares in Donald Trump’s Truth Social, his venture into social media as a rival to Twitter, plummeted following the revelation of over $58 million in losses last year, intensifying concerns among investors.
A consortium of high-net-worth individuals, spearheaded by Justin King, former chief executive of J Sainsbury, has raised £50 million to pursue acquisitions within the premium restaurant sector.
The debut of Donald Trump’s Truth Social took centre stage on Tuesday as the platform’s parent company, Digital World Acquisition, went public, valuing the budding social network at over $9 billion.
ThinCats, the leading alternative finance provider for mid-sized SMEs, has today announced a new £300 million funding commitment to support the growth ambitions of owner managed businesses across the UK.
Ocean Harvesting Technologies AB, the developer of the wave energy converter InfinityWEC, is raising 500,000 Euro to fund a design update of its technology and prepare for upcoming sea trials.
Greensphere Capital, a prominent investment adviser, has successfully secured £66.3 million in conditional capital for its Gaia Sciences Innovation fund.
A Yorkshire-based solar panel installation company has basked in the spotlight as DIY chain Wickes has agreed to acquire the business for up to £36 million.
The Minister of Economy, Finance, and Denationalization Programs of Benin, Romuald Wadagni, officially signed a Memorandum of Understanding with Tim Reid, the CEO of UK Export Finance, in the presence of Harriet Thompson, Non-Resident Ambassador to Benin and Non-Resident High Commissioner to Togo.
Funding Circle, a prominent fintech firm specializing in small business lending, announced today a strategic shift in its operations aimed at curbing losses and revitalizing its share value.
OOSC Clothing, a pioneering skiwear brand renowned for its eco-friendly ethos, is poised for international growth with a significant financing package secured through UK Export Finance (UKEF) in partnership with HSBC UK.
Tagomics, a trailblazing developer of a state-of-the-art platform for comprehensive disease insight and diagnosis, has announced a successful £6.7 million funding round.
Vertical Aerospace, a pioneer in electric flying taxi technology in Britain, has received an additional £8 million grant from the government, bringing its total taxpayer backing to £37 million.
The Made Smarter Innovation Challenge, part of UKRI’s Made Smarter Innovation (MSI) Challenge, has awarded significant grants totaling £3.7 million to advance smart factory projects in the UK.
Global investors distanced themselves from purportedly ‘ethical’ funds last year, pulling out over $10 billion amidst allegations of greenwashing.
