Greeting card giant Moonpig has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m. The acquisition accelerates Moonpig’s strategy of becoming a leader in the gifting market, and gives them entry into the £6bn experiences segment. Buyagift is the UK’s leading gift experiences platform with the […]

The prices of parcels and stamps are likely to rise again as Royal Mail tries to cover higher costs, including wages, energy and fuel expenses. The firm said it would try to “mitigate” the costs through “price increases and growth initiatives”. Earlier this year, the firm hiked first class […]

UK digital lender Atom Bank is eyeing up a listing in New York in what will be a major blow to London’s efforts to promote itself as a premier destination for tech IPOs. Durham-headquartered Atom, founded in 2013 by Mark Mullen, is set to float in New York via a […]

Rail unions have reacted with fury to a government threat to make strike action illegal unless a minimum number of train staff work during a walkout. Transport Secretary Grant Shapps said a law would protect freight shipments of goods such as food and fuel. But unions vowed “fierce resistance” […]

Traditional retailers are paying 755% more in business rates than their digital competitors, according to new analysis. Real estate advisory firm Altus Group says that for every £100 earned by large retailers in Great Britain (excluding non-store sales and fuel) £2.91 is owed to local councils in business rates. […]