An increasing number of independent gyms, otherwise known as boutique studios, are opening across the UK and a report has warned big chains including Fitness First, Virgin Active and Sports Direct to sit up and listen.
Both BuzzFeed and Snapchat announced plans for IPOs, following discussion about the companies’ futures.
The British Business Bank announced a £17.5m investment in Passion Capital, for the venture investment firm’s £45m second fund.
Former Radio 1 presenter Edith Bowman has partnered with social enterprise Supa Academy to support its search for 500 aspiring British retail entrepreneurs with River Island, Facebook and Pepsi Max.
LDC has announced plans to invest £1.2bn into the UK’s medium-sized businesses over the next three years.
High street retailer Next has handed a £22.4m bill by HM Revenue & Customs (HMRC) after a court found it had avoided paying tax.
Alison Brittain has left her job as group director for the retail division at Lloyds Banking Group to take up the role of CEO at London Stock Exchange-listed Whitbread.
According to new research from Emolument, men’s bonuses are much higher than women’s.
High street retailer Marks & Spencer has reported its first rise in profit for four years, with underlying profit before tax rising 6.1 per cent to £661.2m – described by CEO Marc Bolland as “good progress”.
The bank-backed Business Growth Fund (BGF) has breached the £500m of equity investment level three and a half years after its first investment in October 2011, with £250m of that committed in the last year.
