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British Land expects stronger earnings following commercial property leasing activity. Its unaudited update cites 12% like-for-like net rental growth and 99% retail park occupancy, with formal half-year results still to come.
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Billion Dollar Boy has expanded through a specialist American acquisition. Creator Authority adds B2B influencer marketing expertise, established professional creator relationships and a stronger US presence to the international marketing group.
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Manchester insurance technology company Fruga has secured new expansion funding. The £1m funding round, backed by NPIF II – PXN Equity Finance and Haatch, will help the company expand its open-banking insurance rewards platform and grow its commercial partnerships.
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Peel has crossed the threshold required for Harworth’s planned delisting. Holdings and accepted offers together represent approximately 75.35% of shares, with trading on the London Stock Exchange expected to end on 12 November.
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Oxford photonics company Salience Labs has secured substantial new investment. Its $125m Series B will support manufacturing and expansion of optical switching technology for AI data centres, with backing from major semiconductor investors.
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New legislation aims to accelerate repairs across unsafe residential buildings. Proposed measures would strengthen remediation duties, enforcement arrangements and routes for recovering costs while addressing delays affecting property owners and residents.
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Mortgage lenders will gain flexibility over high-income-multiple home lending decisions. New PRA and FCA rules remove the 15% restriction at individual lender level while retaining a market-wide safeguard and existing affordability requirements.
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Brooks Macdonald reported positive client inflows for four consecutive quarters. Its platform portfolios continued attracting investment, although bespoke services still experienced net withdrawals.
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Dékuple acquired majority ownership of an established Italian marketing agency. The transaction extends its European network and combines creative services with marketing technology.
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Galderma agreed a major skincare acquisition to expand professional distribution. The transaction adds an established American brand to its international dermatology portfolio.