Former HSBC CEO appointed by Oxford Quantum Circuits. Quantum computing giant appoints British Army veteran Colin Bell to its board just weeks after hiring Gerald Mullally as its new CEO.
Boohoo’s share price climbs as it reveals £175m refinancing deal. Listed retailer, which now trades as Debenhams Group, extends financing facility amid speculation over delay in publishing full-year results.
Does Boohoo’s ‘eye-wateringly expensive’ £175m refinancing make it sitting target for a takeover? Gareth Smythe, CEO at Hilton Smythe, says shareholder unrest could open door while “the real issue is how Boohoo is being operated”.
Dragons’ Den star steps back from role after rescuing firm. Sara Davies has increased her stake in Crafter’s Companion after Modella Capital sold its share in the business.
Duolingo swoops for 23 NextBeat staff in reverse acqui-hire. Global giant onboards team behind London-based music gaming startup as it signals its push into music education and UK for first time.
Bytes makes £25m move following share price dive. Firm which investigated former CEO last year saw shares fall off cliff following profit warning – but is now looking to boost shareholders.
Sheffield tech firm quits London Stock Exchange after £32m move. BioTech Benchmark Holdings plc also cancels listing on Euronext Growth Oslo exchange as it plans to return £95m to shareholders.
‘Double or nothing’: Manchester founder opens up on closing firm. Liam Brennan, who launched GhostPosts with Paul Wilshaw in 2023, says increasingly crowded AI sector & lack of time limited ability to scale after closing firm.
‘Deeply concerning’ move as UK Space Agency absorbed into DSIT. Government to ‘root out unnecessary bureaucracy’ amid new status for executive agency of Department for Science, Innovation and Technology.
Revolution Beauty downgrades expected profit after Frasers takeover snub. Auditor forces listed firm to downgrade EBITDA expectations, while it subsequently announced that two of its co-founders – one of whom reached a settlement to pay £2.9m back to the company last year after he was accused of breaching his fiduciary duties to it – are to return in an attempt to steer it back to health, with a fundraise and redundancies planned.