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Uk Companies

All articles tagged with #uk companies

business1 day ago•4 min saved

OnlyFans owner pockets $700m in dividends before death as stake sale values platform at $3.2bn

FT reports that OnlyFans’ owner Leonid Radvinsky received more than $700 million in dividends before his death this spring, including $535 million in 2025 and a further $174 million post-year; a stake sale to Architect Capital valued the company at about $3.2 billion. For 2025 the platform posted $1.6 billion in revenue, about 5 million creator accounts with $6.2 billion paid to creators that year (roughly $30 billion since 2016), and is now controlled by a family trust led by Radvinsky’s widow; the business employs 47 people in the UK-based operation.

via Financial Times|

#architect-capital #business #fenix-international

business2 months ago•6 min saved

BP taps Amanda Blanc to steer next chair search amid investor caution

BP has again named Dame Amanda Blanc to lead the process for selecting its next chair, despite investor unease over her ability to steer the search in the wake of Albert Manifold’s abrupt exit as chair. Interim chair Ian Tyler said Blanc will oversee a rigorous, board-led search reflecting the collective view, even as some City figures urge her to recuse herself. Blanc previously chaired BP’s search that installed Manifold, who was removed after eight months amid concerns about his conduct; BP says the new process will be thorough and careful to win shareholder support. The row highlights ongoing governance tensions at the oil major.

via Financial Times|

#amanda-blanc #board-changes #bp-plc

business5 months ago•6 min saved

From Arkon to AI datacenters: the high-stakes credit history of Nscale

The Alphaville piece traces Nscale’s arc from its origins in Arkon Energy to its current push into AI data centers, highlighting a turbulent financing history: Arkon posted 2024 losses driven by high staff costs and a large fair-value liability from warrants, defaulted on two Sandton-led loans (which were later repaid with Series A/B funding), and relied on Sandton’s ongoing support as Nvidia-backed capital helps scale its UK/Europe/US data-centre ambitions—shedding light on the company’s pedigree and risk.

via Financial Times|

#artificial-intelligence #business #finance

world8 months ago•7 min saved

UK-Linked Firms Recruit Colombian Mercenaries in Sudan

A Guardian investigation reveals UK-linked companies, notably Zeuz Global registered in London, have facilitated the recruitment of Colombian mercenaries to fight with Sudan's paramilitary RSF, accused of war crimes and genocide, raising concerns over UK company oversight and international conflict involvement.

via The Guardian|

#colombian-soldiers #mercenaries #sudan