Mercia Asset Management Hits Record Funds; GRIDSERVE Launches App; Red Funnel's Emission-Free Ferry

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Record organic growth in assets under management at Mercia, as it seeks to change tack

Mercia Asset Management PLC has reported record organic growth with £562 million in fund inflows and significant increases in revenues, EBITA, operating profits, dividends, and cash, reaching around £1.8 billion in assets under management for the year ended 31 March 2024.

Full story here: https://thebusinessmagazine.co.uk/corporate-finance/record-organic-growth-in-assets-under-management-at-mercia-as-it-seeks-to-change-tack/

Gridserve and Hampshire-based Dootrix collaborate on mobile app for next generation EV charging

Buckinghamshire-based EV charging company GRIDSERVE has partnered with Hampshire-based tech firm Dootrix to launch a dedicated mobile app, enabling motorists to locate charging points, manage payments, and view payment history.

Full story here: https://thebusinessmagazine.co.uk/esg/gridserve-launches-mobile-app-for-next-generation-ev-charging/

First zero-emissions high-speed vessel launched between South Coast and Isle of Wight

Red Funnel, in partnership with Artemis Technologies, will enhance its Southampton to West Cowes route with the addition of a zero-emission, high-speed electric e-foiling passenger ferry by late next year.

Full story here: https://thebusinessmagazine.co.uk/esg/first-zero-emissions-high-speed-vessel-launched-between-south-coast-and-isle-of-wight/