Nutmeg, which has more than 140,000 clients, emailed affected customers last month, warning them it was closing their accounts, due to legal and regulatory complexities .
Set up by two childhood friends, Gravity Active has drawn up plans to double in size to at least 30 locations. Hall has spent nearly 30 years working in leisure and hospitality.
The trend for staycations has seen visitor numbers at some shopping centres nearing 2019 levels, bosses said. Committed shoppers have returned with a vengeance.
Just last year Informa was forced to go cap in hand to shareholders via a £1billion rights issue amid fears for its financial prospects. The talk now is that a mystery predator could make a bid.