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Cazoo revenues up more than five fold as used car demand surges

The used car boom has helped sales at Cazoo to increase more than five fold, the newly listed online retailer has revealed.

NHS automation firm Blue Prism in £1.1 billion US buyout

Blue Prism, the software firm that helped the NHS order PPE during the pandemic, is set to be sold for £1.1 billion in the latest takeover of a UK tech company by a foreign buyer.

Octopus Energy worth £3.3 billion as Al Gore’s Generation invests £437 million

Challenger energy company Octopus is now worth as much as British Gas-owner Centrica after announcing a blockbuster deal to raise $600 million (£437 million) from Al Gore’s climate fund.

FTSE 100: Petrol crisis lifts BP and Shell and sends Brent Crude to 3-year high

Brent crude hit a three-year high at near to $80 a barrel today, heaping more inflationary pressure on the UK economy and adding to the turmoil for beleaguered motorists.

Entrepreneurs: Meet the founders of Kimaï, the start-up using lab-grown diamonds

London-headquartered jewellery brand Kimaï is looking to open the firm’s first physical store, as demand increases for its goods featuring lab-grown diamonds...

FTSE 100 Live: European markets brush off Germany’s election gridlock as oil prices rise again

Investors look to have taken Germany's federal election gridlock in their stride as European markets are forecast to open the week on the front foot today.

Aldi UK plans to create 2000 new jobs as sales reach record £13.5 billion

Aldi intends to create another 2000 jobs in the UK next year, as the grocer expands following sales reaching a record high.

Silence Therapeutics, the biotech on a mission to mute genetic disease with mRNA

“I’ll tell you this fun story,” Mark Rothera says with a twinkle in his eyes.

CBI: UK needs ‘COBR for business’ as economy lurches deeper into crisis

‘This is now a major threat to our recovery, and the Government needs to step up its response to a new level of both speed and boldness,’ said Tony Danker, director general of the Confederation of British Industry

Bitcoin price drops after People’s Bank of China declares all crypto illegal

China’s central bank said all forms of cryptocurrency transactions were illegal and should be banned in a Q&A posted on its website. It marks a significant escalation of a years-long crackdown on the market.

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