Category : Small Business


Hornby Sells Scalextric for £20 Million to Purbeck Capital

Hornby, the historic model railway company advised by Mike Ashley, has agreed to sell its iconic Scalextric toy car racing brand to Purbeck Capital Partners for £20 million. The sale proceeds will be used to reduce debt and invest in other brands.

Hornby Sells Scalextric Slot Car Racing Brand

Hornby, the iconic British model maker, has sold its Scalextric slot car racing brand to a private equity firm, marking a strategic shift to focus on core railway and hobby products.

Rathbones Completes Investec Wealth Merger

Rathbones has officially concluded its merger with Investec Wealth & Investment, creating a major player in the UK wealth management sector with over £100 billion in assets.

Investec Awards £60k to Well Grounded for Coffee Careers

Financial giant Investec has awarded a £60,000 grant to East London social enterprise Well Grounded, which aims to create 10,000 career opportunities in the specialty coffee sector over the next decade through training programs.

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