Business

A British tech company is offering retail investors the chance to buy its shares in a first for the new private securities market that the London Stock Exchange (LSE) hopes will encourage more fast-growing scale-ups to remain in the UK.

Jonathan Reynolds, the business secretary, is to hold further talks with Poundland's owner and its management team amid a race to save the discount retailer from collapse.

Thames Water creditors will establish a £75m fund for vulnerable customers as part of a package designed to win Andy Burnham’s support for a private sector rescue of the company and avert its nationalisation.

The London-listed company which owns Go Compare, the price comparison platform, is exploring a sale of its business-to-business arm.

The American investment firm Elliott Management is circling Flora Food Group, the spreads and margarines producer, amid signs that its owner is struggling to convince bidders to meet a €7bn (£5.8bn) asking price.

The FBI has seized more than $1.2bn (£910m) of cryptocurrency stolen from Binance last month. 

Crisis-hit Poundland has secured an extended deadline for a potential rescue amid political pressure for a solvent sale of the chain.

The beleaguered owner of Poundland is among the parties who have been considering offers for Dune, the British footwear retailer, even as its biggest UK high street asset teeters on the brink of collapse.

The directors of crisis-hit Poundland have held a board meeting to decide the company's future, Sky News has been told.

The UK economy grew 0.7% in the third quarter of the year, according to early official figures confirming a boost from AI investment.