12.2 C
London

InsightFinance UK

Recharge enters B2B with UK Giftcloud buyout

Recharge purchases Giftcloud from Groupon, expanding into B2B digital rewards business. Giftcloud is profitable with millions of transactions processed, which makes the UK Recharge's third-largest market. The purchase follows Recharge's €45M acquisition facility with ABN AMRO.

EY Slammed with Fine for Audit of Scottish Water Company

EY penalized £500,000 (reduced to £325,000) by the FRC for exaggerating the deadline for the ten-year audit term for Stirling Water Seafield Finance. This following a £6.5 million penalty for auditing Thomas Cook.

Scinai Immunotherapeutics into binding option agreement to acquire Pincell sr

Acquisition of Innovative Monoclonal Antibody Scinai Immunotherapeutics (Nasdaq: SCNI) inked a binding option agreement to purchase Italian biotech company Pincell srl, taking an interest in PC111, a monoclonal antibody in development for severe dermatological conditions like Pemphigus, Stevens-Johnson Syndrome (SJS),...

Boohoo rebrands as Debenhams to revive struggling youth fashion labels

Boohoo rebrands as Debenhams to revive struggling youth fashion labels. Sales dropped 21% to £947m due to competition and secondhand trends. Cost-cutting measures and portfolio review underway.

UK stock market outlook for 2025: a mix of growth and caution

The UK stock market in 2025 combines growth in technology, healthcare, and renewable energy sectors, with risks from high interest rates and geopolitical tensions. Caution is advised due to ongoing uncertainties.

Trends and developments in insurance-reinsurance 2025 UK

2024 saw key UK insurance rulings on COVID-19 business interruptions and jurisdictional challenges in high-risk regions, emphasizing the need for clear policy wordings and robust legal strategies.
spot_img

latest articles