Anaphite, a Bristol-based startup with cutting-edge technology to reduce the cost and environmental impact of electric vehicle battery production, has raised £10.4m in its latest funding round. Founded in 2018 by chemist Sam Burrow and physicist Alexander Hewitt , the company has developed a chemical process that aims to transform the electrode production process in...Read More

TGI Fridays, a well-known American-themed restaurant chain, is facing a financial crisis in the UK, with the company preparing to appoint administrators after critical merger talks collapsed last week. The chain, which has long been a staple of the casual dining scene, has struggled to adapt to the pressures of rising costs and shifting consumer...Read More

In a major move set to reshape the UK property listings market, Australia’s largest property listings group, REA, has made a third takeover bid for its UK rival, Rightmove, valuing the company at £6.1 billion. This cash-and-shares offer, backed by Rupert Murdoch’s News Corp, represents an increase from REA’s previous bids, signalling the seriousness of...Read More

In a significant move for the UK tech industry, Exohood Labs, a cutting-edge blockchain and AI company, has secured a £143 million investment from Livsquare Capital Family Office. This deal, announced on September 17, 2024, underscores the growing appetite for investments in emerging technologies and highlights the potential for growth in the blockchain and AI...Read More

In a significant development for the UK retail landscape, Topshop, the iconic British fashion brand, could be set for a return to the high street after Asos sold its 75% stake in the brand for £135 million in a joint venture with Heartland, representatives of the Holch Povlsen family. The deal, announced recently, signals the...Read More

In a major strategic move within the evolving fintech landscape, Visa has announced the acquisition of UK-based fintech company Currencycloud for approximately £500 million. This acquisition underscores Visa’s ambition to expand its capabilities in cross-border payments, leveraging Currencycloud’s innovative technology to create a more efficient international payment ecosystem. The deal involves the transfer of Currencycloud...Read More

In a strategic move aimed at consolidating its position in the built environment and construction technology sector, Glider, a leading provider of digital asset management solutions, has acquired EDocuments, a digital documentation company specialising in information management for the construction and infrastructure industries. The deal, reportedly valued at £45 million, includes an estimated EBITDA multiple...Read More

Paul Marshall, co-founder of Marshall Wace and investor in GB News, has acquired TheSpectator for £100 million. The deal transfers the 196-year-old magazine from the Barclay familyto Marshall’s media group, OQS. The acquisition comes at a time of significant consolidation inthe UK’s media landscape and represents a shift towards greater investment in the future of...Read More

In a landmark deal, DSV has completed the acquisition of Deutsche Bahn’s logistics division, DB Schenker, for €14.3 billion. This significant transaction is set to reshape the global logistics landscape and strengthen DSV’s position as a leading player in the industry. Who are the 2 companies?  DSV, headquartered in Copenhagen, Denmark, is a prominent global...Read More