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Hot Off The Wires - 5th July 2021

News


  • Heathrow Airport is at risk of defaulting on its £15bn debt mountain after talks stalled over the return of flights between Britain and America.

  • John Lewis is considering plans to build 10,000 homes over the next decade as the high street store group looks to revive its flagging fortunes by becoming a landlord.

  • A group of Bridgepoint employees and former staff pocketed nearly half a billion pounds two years ago after the private equity firm’s funds recorded a bumper profit.

  • Crowdcube, the equity crowdfunding platform, sank to a £3m loss in 2020 despite growing its revenues during the Covid-19 crisis.

  • Compass Pathways, the pharmaceutical company specialising in turning magic mushrooms into a treatment for severe depression, is expanding clinical trials after signing a deal with an NHS trust and King’s College London.


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