
Tesco considers offer for 210-store Majestic Wine chain
Tesco is among the bidders considering a Majestic Wine takeover after private equity owner Fortress put the UK's largest wine retailer up for sale.

Tesco is among the bidders considering a Majestic Wine takeover after private equity owner Fortress put the UK's largest wine retailer up for sale.

The ElevenLabs valuation has doubled to $22bn after a $300m employee share sale, placing the British voice AI firm among the world's most valuable AI labs.

The Oura IPO has been postponed a week after launch, with the smart ring maker citing market uncertainty despite strong demand at a $15bn valuation.

Public bodies spent almost £17bn with offshore private equity-backed firms in 2024-25, according to GMB and Tussell figures aired at Labour's conference.

UK venture capital has matched US returns over two decades and funds launched since 2020 are ahead of US peers, a British Business Bank report has…

Monzo takeover talks with Brazil's Nubank, and interest from US buyout firm Advent, could value the digital bank at up to £10bn, Sky News reports.

Goalhanger profits more than doubled to £9.8m last year, handing Gary Lineker a payout of over £1m as the podcast firm paid out £5m in dividends.

The chief secretary to the Treasury urged entrepreneurs not to be put off by inheritance tax during a visit to Numatic, maker of the Henry vacuum.

Peter Jones has sold the Jessops camera chain to AO World, which will integrate it into musicMagpie. The Jessops AO World deal price was not disclosed.

The British Business Bank is putting £50m into Phoenix Court funds, with NatWest, HSBC and M&G adding capital in what the VC firm calls a "watershed"…

London start-up Basecamp Research has raised $140m from backers including Anthropic, Nvidia and the sovereign AI fund to hunt for rare genetic code.

Most first-time equity deals now go to firms outside London, Beauhurst research shows, while AI companies took 58.6 per cent of the value raised this year.

The former deputy prime minister's 917,460 director shares are worth about $18m at the valuation reportedly sought in the Nscale IPO on Wall Street.