Metro Bank tops customer service survey as challenger bank grows in popularity February 15, 2019 Metro Bank has topped an industry-wide customer service survey despite battling an accounting error, which has hit shares in recent weeks. The challenger bank knocked First Direct off the top spot in a Competition and Markets Authority (CMA) survey based on whether customers at the UK’s 16 largest current account providers would recommend their bank to friends [...]
‘Orgy of greed’: Uber drivers go on strike one day before IPO May 8, 2019 Drivers of ride-hailing platform Uber have gone out on strike today in protest over unfair pay and workers rights. The strike, which is intended to run between 7am and 4pm, comes ahead of the company’s initial public offering. The IPO, scheduled for Friday, values the company at as much as $90bn (£69bn). Read more: Uber [...]
‘Orgy of greed’: Uber drivers go on strike one day before IPO May 8, 2019 Drivers of ride-hailing platform Uber have gone out on strike today in protest over unfair pay and workers rights. The strike, which is intended to run between 7am and 4pm, comes ahead of the company’s initial public offering. The IPO, scheduled for Friday, values the company at as much as $90bn (£69bn). Read more: Uber [...]
Maven Capital Partners closes management buyout fund at £100m March 25, 2019 Maven Capital Partners has closed its debut management buyout fund at £100m, the Glasgow-headquartered private equity management firm announced today. The fund, which was backed by Scotland’s national economic development agency Scottish Enterprise, targets management buyout opportunities in UK companies with an enterprise value of £10m to £40m, making investments of between £5m and £15m [...]
Climate change protests: London brought to standstill as students demonstrate against climate change March 15, 2019 Students protesting against climate change brought parts of London to a standstill today as they demonstrated across bridges and in busy tourist spots. The walkout started at 11am in Parliament Square, where the same group brought traffic to a standstill in February. Under the banner YouthStrike4Climate, students demanded the declaration of a state of climate [...]
Eleven banks chosen to join £350m RBS scheme to boost business banking competition December 19, 2018 Eleven banks have been chosen to join a £350m scheme to encourage small businesses to move away from RBS in a bid to boost competition. Challenger banks including Monzo, Metro and Starling as well as Santander, Co-operative, CYBG and TSB were selected by the Banking Competition Remedies body (BCR) and funding amounts will be revealed [...]
Veteran investor Michael Spencer in funding boost for femtech startup Elvie March 31, 2019 Former Conservative Party treasurer Michael Spencer is reportedly leading a funding round for female health start-up Elvie. Spencer’s private investment vehicle IPGL is backing the company with an investment worth around £20m, Sky reported this evening. Read more: Nex Group founder to invest millions in blood testing startup Elvie, which last year partnered with the [...]
Diego Maradona biopic a strikingly candid antidote to airbrushed world of modern football June 13, 2019 “Peace,” says a young Diego Maradona when asked, five minutes into Asif Kapadia’s candid new film about the troubled Argentinian genius, what he is hoping for from his impending transfer from Barcelona to Napoli. There is precious little of that in his seven tumultuous years in the fervent southern Italian city, which form the basis [...]
Worst London house price drop in 10 years drags down UK house prices growth March 29, 2019 UK house price growth stayed soft in March as London's worst house price drop in a decade dragged down the market. Prices rose 0.7 per cent in March compared to the year before, according to Nationwide’s latest house price index, a modest 0.2 per cent higher than February. Read more: UK house prices: Brexit means prices [...]
Coronavirus: When are supermarket opening times for NHS and pensioners? April 17, 2020 As the UK heads into lockdown because of the coronavirus outbreak, supermarkets have enforced tighter restrictions and changed opening hours. Prime Minister Boris Johnson yesterday ordered all “non-essential” shops to close, leaving supermarkets one of the few stores to remain open. In recent weeks supermarkets have struggled to keep shelves replenished as consumers embarked on [...]