Buy now, fail later? Banks struggle to cash in on Klarna’s success March 27, 2024 Natwest recently confirmed it would axe its buy-now pay-later scheme. Industry experts suggest the move could be a sign of things to come as traditional lenders struggle to gain a foothold in the market.
Remember the Russian super yachts? They could be sold to rebuild Ukraine September 16, 2022 In Europe, some places are inherently associated with wealth. Think St. Tropez in France, or Portofino and Porto Cervo in Italy. On a stroll in these marinas, you see yacht after yacht after yacht – each one bigger than the other. It’s impossible not to stop and wonder who owns them. These superyachts have long [...]
Netflix revenue forecast for growth despite encroaching competition January 16, 2022 Netflix’s revenue has been forecast for growth this week, despite its share price tumbling from its record high in November. Revenue is expected to come in at $7.7bn, according to chief market analyst at CMC Markets Michael Hewson, after the streaming giant secured $7.4bn in its third quarter. However, profits are anticipated to be lower, [...]
The Analyst: What could the future hold for Channel 4? July 10, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his second monthly column for City A.M. The UK Government recently announced a consultation on the future of state-owned Channel 4. Theoretically all options remain but [...]
Everyone’s an expert as long as they are anonymous July 27, 2021 Bitcoin topped out at just over $40,000 yesterday evening, before a sharp retrace brought it back down to around $37,300 this morning.
Morrisons revenue tops £9bn, painting picture of health for bidders September 9, 2021 Morrisons has topped a revenue of £9bn in the past six months, as the bidding battle over the supermarket giant escalates. The retailer enjoyed a revenue lift of 3.7 per cent, including its fuel earnings, in its interim results for the six months to 1 August, painting a picture of health for potential buyers. The [...]
Ian Rankin on Nicola Sturgeon, writing about the police after Sarah Everard and his new book The Rise October 26, 2023 Rebus author Ian Rankin talks about his new book The Rise and how writing detective fiction has changed in a post Sarah Everard world
Contenful now worth $3bn after fresh capital rally ahead of rumoured US IPO July 28, 2021 Content platform provider Contentful, led by a former Microsoft and Amazon executive, has hit a valuation of $3bn today after its latest funding round. The fundraiser, led by investment giant Tiger Global, rallied together $175m for its expansion into marketing and sales. The German company, founded in 2012, operates content management systems behind websites like [...]
How decentralised escrow holds the key to disrupting the e-commerce tech monopolies September 9, 2022 Anton Churyumov discusses how decentralised escrow and peer-to-peer transactions could disrupt the e-commerce industry.
A withering trade relationship with Latin America should be restored for the planet May 3, 2022 Diplomats from across the world gathered at the Mansion House last week for the Easter Banquet – the first to be held since the pandemic – amid the escalating crisis in Ukraine. The occasion underlined how much the City of London is part of the UK’s diplomacy, its international influence and its soft power. It [...]