‘He's giving it his all. When you invest, that's what you want'
Morgan, who started Gymshark in 2013 with Ben Francis, bought out existing shareholders and said he believed the company would achieve a £1 billion valuation in the coming years.
As part of the same transaction, an existing minority shareholder, Rob Pierre, who is best known as the co-founder of Jellyfish, a digital marketing agency, has increased his stake from seven to 20 per cent.
James Noble launched MyFirst in 2016 after struggling to secure cover for his first car. At the time he was working as a golf caddy with no experience in the
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The Independent
22 minutes ago
- The Independent
Comedian hits out at London's E-bike licensing creating ‘Checkpoint Charlies'
Conflicting council decisions on electric bike licensing have created a "Checkpoint Charlie" situation near London bridges, according to comedian Dara O Briain. The Irish stand-up highlighted the issue of e-bikes "stacking up" at river crossings between the boroughs of Hounslow and Richmond in west London. Hounslow has granted permission for Forest and Voi's e-bikes to operate within its boundaries, while Richmond has licensed rival company Lime. This disparity means riders face a "patchwork of boundaries", preventing seamless travel across boroughs. Lime, one of the rental companies, has urged councils to collaborate to resolve the issue. The latter said it has agreed to a request by Hounslow for its bikes' electric motors to cut out if riders enter the borough. This causes the bikes to become heavy to ride, resulting in many users ending their trips. The PA news agency saw about 30 bikes near the southern entrance to Chiswick Bridge on Monday night. Some were parked appropriately to the side of pavements, but others had been thrown in bushes or tipped over. O Briain, 53, likened the issue to the Checkpoint Charlie border crossing point between East and West Berlin during the Cold War. In a post on social media platform X, he wrote: 'Hounslow Council have banned Lime bikes, and licensed Forest and Voi; neighbouring Richmond has licensed Lime and banned the others. 'So every bridge is Checkpoint Charlie, with loads of Lime bikes parked on one side and loads of Forest and Voi on the other. Top work everyone!' Richard Dilks, chief executive of shared transport charity CoMoUK, said: 'This rather bizarre set of circumstances is an unfortunate outcome of the current situation in London, where regulation of bike sharing schemes is decided at borough level.' He said the English Devolution and Community Empowerment Bill going through Parliament could make Transport for London the capital's licensing authority for rental e-bikes, enabling a 'more coherent pan-London approach' to be designed. A spokesperson for Lime said the existing scenario is 'frustrating for riders'. She said: 'We've already been contacted by many of them who are disappointed at the new rules. 'They should not have to experience London as a patchwork of boundaries. 'We want to see councils work together so that residents can travel seamlessly across boroughs, without having to stop at borders.' Alex Berwin, head of policy at Forest, said the issue is 'exactly why we have been calling for a pan-London approach to regulation'. He went on: 'We need a single regulatory framework, one enforcement model and one operational rulebook across the capital, whilst ensuring services support the local needs of each borough.' A Voi spokesperson said its users are 'free to cycle across borough boundaries, but parking must be in designated bays within participating areas'. He added: 'We're working with local leaders and TfL towards a London-wide scheme to make cross-borough journeys simpler.' Rental e-bike companies say they encourage people to switch from cars to a more sustainable form of travel, but there have been long-standing concerns about users blocking pavements with the bikes after they finish their rides. A spokesperson for Hounslow Council said: 'The issue of neighbouring boroughs having different e-bike operators is not unique to Hounslow. This is an issue at many boundaries wherever there is a change in operator. E-bike service areas are dynamic, with boroughs deciding to review operators at different points. 'We recognise that a borough-by-borough approach can be confusing for users and we continue to work closely with Transport for London and neighbouring boroughs to make the case to the Department for Transport for a pan-London approach. In the meantime, we are bringing in new measures to ensure e-bikes are better managed when left at the end of a journey.'
BBC News
22 minutes ago
- BBC News
Open road crashes lead to Manx Grand Prix qualifying delay
Two crashes on open roads ahead of the latest Manx Grand Prix qualifying session led to the course's closure being delayed by 30 minutes, police have around the 37.7-mile (61km) Mountain Course had been due to shut at 18:00 BST. The delay led to organisers issuing a revised Isle of Man Constabulary earlier said the road between the Bungalow and the Creg Ny Baa would not reopen before the session after a crash at Keppel latest delay follows the first evening of qualifying for the 2025 grand prix being disrupted by a crash on the opening lap. That session was abandoned after Andy McAllister crashed at the Black Dub on the opening lap, requiring the road to be Northern Irishman was taken to hospital with arm injuries. Tuesday's revised schedule 18:50 - Senior / Supersport MGP19:25 - Junior / Supertwin MGP Roads around the course are set to reopen no later than 21: 2025 Manx Grand Prix and Classic TT is scheduled to run until 29 August. Read more stories from the Isle of Man on the BBC, watch BBC North West Tonight on BBC iPlayer and follow BBC Isle of Man on Facebook and X.
BBC News
23 minutes ago
- BBC News
Geddes and Hollman lead Middlesex to win over Kent
Metro Bank One-Day Cup, Brunton Memorial Ground, RadlettKent 279-6 (50 overs): Leaning 63*, Benjamin 50; Brookes 3-47, Morgan 3-63Middlesex 283-4 (45 overs): Geddes 141*, Hollman 77*Middlesex won by six wicketsMatch scorecard Ben Geddes and Luke Hollman hit career-bests as Middlesex raced to a six-wicket win over strugglers Kent at Radlett to keep alive their hopes of a place in the knockout stages of the One-Day led the way with an unbeaten 141 - his first century in List-A cricket - while Hollman (77 not out) made his maiden half-century in the format, the pair sharing a record unbroken stand of 195 for the fifth wicket as the hosts chased down a target of 280 with five overs to 279-6 was built around an unbeaten 63 for Jack Leaning and 50 for Chris Benjamin, the former sharing a stand of 81 in nine overs with debutant Corey Flintoff, son of former England all-rounder Andrew, who impressed with an unbeaten 29. Henry Brookes and Middlesex List-A debutant Sebastian Morgan took three wickets Under-19 international Ben Dawkins took three fours from one Noah Cornwell over and ramped Toby Roland-Jones over wicketkeeper Joe Cracknell's head to dominate an opening stand of 52 with Jaydn Denly. The latter struggled for any fluency, his torturous effort ending when he cut Brookes to backward point. Dawkins took his boundary count to eight only to fall two short of 50 when caught by Cracknell, giving Morgan his first and Joey Evison upped the tempo in a stand of 47 before Morgan pegged back the latter's off stump and a chance for a fourth wicket was spurned when Brookes dropped Benjamin on profited from the life, flaying Morgan over third and crunching a seventh four through the covers to reach 50, but he fell immediately afterwards to Brookes, ending a stand of 58 with Harry Finch. Brookes struck again two balls later to remove Ekansh Singh, superbly caught by Sam Robson, and when Finch became Morgan's third victim Kent were 198-6. However, Leaning and Flintoff launched their late charge, Flintoff evoking memories of his father's batting heroics with two huge sixes, while Leaning's beautifully paced effort was capped by clearing the ropes twice in the final over as Kent posted a daunting hosts' chase got off to the worst possible start when Cracknell was caught down the legside without scoring. Robson was then dropped at short fine leg by Michael Cohen, but later in the same Fred Klaassen over, Josh De Caires attempted an injudicious hook to sky a simple catch to Flintoff at response was to unleash a flurry of boundaries, the former England opener cutting and pulling with authority and with Geddes launching a huge six into the trees a 50-stand came up in 40 balls. Evison though wrestled back control by having Robson caught behind and though Davies planted a six over square leg, he didn't stay continued to carry the fight, reaching his 50 with his second was similarly dispatched into the trees and Hollman swept Matt Parkinson to the fence as the partnership batters were dropped before Geddes moved to his hundred and Hollman to 50 with the help of a towering reached, the two cut loose to scamper home with time to spare. Report supplied by ECB Reporters' Network supported by Rothesay
